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5434 Caravel Dr

Wyoming, MI 49418

4 bd 4 ba 3,467 sqft Built 1998 Lot 10,454 sqft single_family
Most recent sale
$439,900
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $439,900 Public Record
Aug 11, 2022 Sold $439,900 MichRic
Apr 20, 2022 Listed $439,900 MLS #22013438

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,000 $10,724
2023 $175,300 $10,516
2022 $154,800 $4,661
2021 $147,700 $4,191
2020 $141,400 $4,517
2019 $133,200 $4,250
2018 $122,500 $4,173
2017 $121,300 $4,065
2016 $116,200 $3,601
2015 $107,700 $3,861
2014 $103,400 $3,790
2013 $98,900 $3,643
2012 $99,200 $3,671
2011 $106,800 $3,940
2009 $112,900 $4,087
2008 $117,200 $4,224
2007 $118,900 $3,885

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,467 sqft
Lot size
10,454 sqft
ZIP code
49418
City
Wyoming
Street
Caravel Dr
Coordinates
42.86589, -85.72598

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,201
Gross rental yield
14.19%
Implied cap rate
9.22%
Trend-extrapolated value

Frequently asked questions

When did 5434 Caravel Dr last sell?
5434 Caravel Dr most recently sold on Aug 16, 2022 for $439,900.
What is the current tax assessment for 5434 Caravel Dr?
The most recent total assessment for 5434 Caravel Dr (year 2025) is $238,000 with $10,724 in property tax.
How does 5434 Caravel Dr's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $439,900.
When was 5434 Caravel Dr built?
5434 Caravel Dr was built in 1998.
How does 5434 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 5434 Caravel Dr?
5434 Caravel Dr is a 4 bed, 4 bath, 3,467 sqft, 10,454 sqft lot single_family.
Is 5434 Caravel Dr a flip candidate?
No — 5434 Caravel Dr does not appear in our flips dataset.
Is 5434 Caravel Dr a tax-appeal candidate?
No — 5434 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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