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3140 Reed Rd

Vernon, MI 48429

4 bd 2 ba 1,968 sqft Built 1992 Lot 87,991 sqft mobile
Most recent sale
$244,700
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $244,700 Public Record
Jun 30, 2022 Sold $244,700 Realcomp
May 15, 2022 Price changed $249,900 MLS #2220030460
Apr 28, 2022 Listed $229,999 MLS #2220030460
Nov 16, 2021 Sold $225,000 Public Record
Oct 18, 2021 Sold $225,000 Realcomp
Aug 25, 2021 Listed $199,900 MLS #2210069823

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $67,900 $662
2020 $64,200 $1,715
2019 $61,700 $1,669
2018 $57,600 $1,652
2017 $57,500 $1,558
2016 $53,800 $1,519
2015 $53,400 $1,404
2014 $51,500 $1,393
2013 $51,300 $1,338
2012 $55,800 $1,387
2011 $52,600 $1,343
2010 $57,200 $1,448
2009 $63,900 $1,586
2008 $93,700 $998
2007 $99,700 $976

Property facts

Year built
1992
Property type
mobile
Stories
1
Beds
4
Baths
2
Living area
1,968 sqft
Lot size
87,991 sqft
ZIP code
48429
City
Vernon
Street
Reed Rd
Coordinates
42.95309, -84.00969

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,468
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3140 Reed Rd last sell?
3140 Reed Rd most recently sold on Jul 1, 2022 for $244,700.
What is the current tax assessment for 3140 Reed Rd?
The most recent total assessment for 3140 Reed Rd (year 2021) is $67,900 with $662 in property tax.
How does 3140 Reed Rd's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $244,700.
When was 3140 Reed Rd built?
3140 Reed Rd was built in 1992.
How does 3140 Reed Rd compare to others on Reed Rd?
We track 4 other properties on Reed Rd. Browse the list under "Other properties on Reed Rd" to compare beds, baths, and sale history.
What are the property facts for 3140 Reed Rd?
3140 Reed Rd is a 4 bed, 2 bath, 1,968 sqft, 87,991 sqft lot mobile.
Is 3140 Reed Rd a flip candidate?
No — 3140 Reed Rd does not appear in our flips dataset.
Is 3140 Reed Rd a tax-appeal candidate?
No — 3140 Reed Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.3%
2026 Q2
$207.2K
2026 Q3
$212.5K
ZIP 48429 — Median Price History + Forecast

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