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CondominiumResidential

12948 Townsend Dr

GRAND LEDGE, MI 48837
721 ft²
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
Built 200512 units1,009–1,340 ft²
$2.5M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$200K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$158
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-24.9%vs the Grand Ledge ZIP median sale $/ft² ($211)

Sales Performance

$158K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
16.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+5.6%per yeartypical hold 4.9 yrsfrom 10 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20072011201220142018202020212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20072011201220142018202020212026

19 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$162K$193K$224K$255K1,009 ft²1,075 ft²1,141 ft²1,208 ft²1,274 ft²1,340 ft²
2 bd3 bd
2 bed
4 units
3 bed
8 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,009 ft²
2 units
2 bd · 2 ba · 1,049 ft²
2 units
3 bd · 2 ba · 1,262 ft²
2 units
One-off layouts
6 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$162K–$162K
1 unit
$188K–$196K
4 units
$197K–$203K
2 units
$224K–$225K
2 units
$236K–$236K
1 unit
$249K–$255K
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.42%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.42%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.14.5 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.80%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$182,237
Median tax billThe middle annual property tax bill among the building's units.$2,403
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 6Apr 23, 2026$162,000Unit 6Mar 11, 2026$154,900Unit 12May 4, 2022$137,500Unit 7Apr 27, 2022$145,000Unit 7Apr 16, 2021$120,000Unit 11Oct 7, 2020$113,000Unit 7Dec 27, 2019$112,000Unit 6Sep 20, 2018$96,000Unit 12Feb 1, 2017$89,900Unit 7Sep 10, 2014$83,500

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyEATON
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Kenneth T. Beagle Middle SchoolA
Middle · Grades 7–8 · 0.8 mi
E
Delta Center Elementary SchoolB+
Elementary · Grades KG–4 · 2.3 mi
H
Grand Ledge High SchoolB-
High · Grades 9–12 · 2.5 mi

District: Grand Ledge Public Schools

Neighborhood · ZIP 48837These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.19

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.19,646
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.257 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$91,383
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119,355
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.51%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

12948 Townsend Dr
3 bd · 2 ba · 1,262 ft²
$191K
12948 Townsend Dr
3 bd · 2 ba · 1,224 ft²
$255K
12948 Townsend Dr # 3
2 bd · 2 ba · 1,009 ft²
$249K
12948 Townsend Dr
2 bd · 2 ba · 1,049 ft²
$225K
12948 Townsend Dr # 5
3 bd · 2 ba · 1,226 ft²
$188K
12948 Townsend Dr # 6
3 bd · 2 ba · 1,172 ft²
$162K
12948 Townsend Dr # 7
3 bd · 2 ba · 1,262 ft²
$197K
12948 Townsend Dr
3 bd · 2 ba · 1,340 ft²
$203K
12948 Townsend Dr
2 bd · 2 ba · 1,009 ft²
$236K
12948 Townsend Dr # 10
2 bd · 2 ba · 1,049 ft²
$224K
12948 Townsend Dr # 11
3 bd · 2 ba · 1,266 ft²
$196K
12948 Townsend Dr
3 bd · 2 ba · 1,186 ft²
$190K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 12948 Townsend Dr

How many units are in 12948 Townsend Dr, Grand Ledge, MI?

12948 Townsend Dr, Grand Ledge, MI has 12 residential units across built in 2005, according to county assessor records.

What is a unit at 12948 Townsend Dr, Grand Ledge, MI worth?

The median TopHap Estimate across the 12 units at 12948 Townsend Dr, Grand Ledge, MI is $199,950. That works out to $158 per square foot. Units run from 1,009 to 1,340 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 12948 Townsend Dr, Grand Ledge, MI expensive for Grand Ledge?

Units at 12948 Townsend Dr, Grand Ledge, MI carry a median of $158 per square foot, 25% below the Grand Ledge median of $211 per square foot.

How often do units sell at 12948 Townsend Dr, Grand Ledge, MI?

2 units at 12948 Townsend Dr, Grand Ledge, MI sold in the last 12 months, out of 19 recorded arms-length sales all time. That is a turnover rate of 16.7% of the building per year. The median sale over that period was $158K.

Have units at 12948 Townsend Dr, Grand Ledge, MI appreciated?

Across 10 repeat sales of the same unit, 12948 Townsend Dr, Grand Ledge, MI returned a median 5.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 4.9 years.

What floor plans does 12948 Townsend Dr, Grand Ledge, MI have?

The most common plan at 12948 Townsend Dr, Grand Ledge, MI is a 2-bedroom of 1,009 square feet, repeated 2 times, with a median estimate of $242,884. TopHap identifies 3 recurring plans in the building.

More homes on Townsend Dr

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Assigned schools

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