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5374 Caravel Dr

Wyoming, MI 49418

4 bd 4 ba 3,064 sqft Built 2004 Lot 10,454 sqft single_family
Most recent sale
$490,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 24, 2024 Sold $460,000 MichRic
Apr 21, 2022 Sold $490,000 Public Record
Apr 15, 2022 Sold $490,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $227,000 $8,702
2023 $176,600 $7,384
2022 $157,500 $4,605
2021 $149,700 $4,140
2020 $146,300 $4,463
2019 $137,900 $4,199
2018 $126,300 $4,122
2017 $125,000 $4,016
2016 $114,800 $3,871
2015 $106,400 $3,815
2014 $101,400 $3,745
2013 $97,700 $3,599
2012 $98,100 $3,631
2011 $104,700 $3,741
2009 $100,000 $3,621
2008 $115,800 $4,280
2007 $117,500 $4,086

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,064 sqft
Lot size
10,454 sqft
ZIP code
49418
City
Wyoming
Street
Caravel Dr
Coordinates
42.86703, -85.72601

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,596
Gross rental yield
11.26%
Implied cap rate
7.32%
Trend-extrapolated value

Frequently asked questions

When did 5374 Caravel Dr last sell?
5374 Caravel Dr most recently sold on Apr 21, 2022 for $490,000.
What is the current tax assessment for 5374 Caravel Dr?
The most recent total assessment for 5374 Caravel Dr (year 2025) is $227,000 with $8,702 in property tax.
How does 5374 Caravel Dr's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $490,000.
When was 5374 Caravel Dr built?
5374 Caravel Dr was built in 2004.
How does 5374 Caravel Dr compare to others on Caravel Dr?
We track 4 other properties on Caravel Dr. Browse the list under "Other properties on Caravel Dr" to compare beds, baths, and sale history.
What are the property facts for 5374 Caravel Dr?
5374 Caravel Dr is a 4 bed, 4 bath, 3,064 sqft, 10,454 sqft lot single_family.
Is 5374 Caravel Dr a flip candidate?
No — 5374 Caravel Dr does not appear in our flips dataset.
Is 5374 Caravel Dr a tax-appeal candidate?
No — 5374 Caravel Dr 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
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$414.7K
2026 Q4
$419.3K
ZIP 49418 — Median Price History + Forecast

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