Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$85,861$66 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $48,900 on Apr 18, 2007

240 W RAILROAD ST

CASPIAN, MI 49915
1.5
Baths
1,309 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
1
StoriesHow many floors the home has above ground.

Valuation

$86K
$64K low$108K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$48,900 · Apr 18, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$930 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$34,310 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$34,310
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$31,130
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$68,620

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.22
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
7
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
62
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
1
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyIRON
Lot (acres)The size of the land the home sits on, from county records.0.25
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

H
West Iron County Middle High SchoolC+
High · Grades 6–12 · 1.3 mi
E
Stambaugh Elementary SchoolC+
Elementary · Grades PK–6 · 1.3 mi

District: West Iron County Public Schools

Neighborhood · ZIP 49915These 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.78
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

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.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.5%
PopulationHow many people live in this area.218
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.287 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,056
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,320
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

Owner Tools

Do you own this home?
Claim this home

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

How this home compares

240 W Railroad St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 70% of homes in Iron County
  • Costs less per square foot than 90% of homes in Iron County
  • Bigger than 74% of homes in Caspian 49915
  • Has a smaller lot than 89% of homes in Iron County

What homes are worth in Caspian 49915

Each bar is how many homes fall in that price range. The marker is this home.

This home
$32K$223K

This home is worth more than 59% of homes in Caspian 49915.

How it measures up in Caspian 49915

The dot is this home. The mark in the middle is the typical home in Caspian 49915.

Estimated value$85,861
CheaperTypical $76,674Pricier

Pricier than 59% of homes nearby

Price per ft²$66
CheaperTypical $75Pricier

Pricier than 35% of homes nearby

Living area1,309 ft²
SmallerTypical 1,144 ft²Bigger

Bigger than 74% of homes nearby

Lot size0.25 ac
SmallerTypical 0.23 acBigger

Bigger than 61% of homes nearby

How 240 W Railroad St ranks against every home in each area.
MeasureThis homeCaspian 49915Iron County
Estimated valuepricier than$85,86159% of homes30% of homes
Price per ft²pricier than$6635% of homes10% of homes
Living areabigger than1,309 ft²74% of homes67% of homes
Lot sizebigger than0.25 ac61% of homes11% of homes

About 240 W Railroad St

How much is 240 W Railroad St, Caspian, MI worth?

The TopHap Estimate for 240 W Railroad St, Caspian, MI is $85,861 as of Sep 24, 2026. The likely range is $63,738 to $107,984. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 240 W Railroad St, Caspian, MI last sell?

240 W Railroad St, Caspian, MI last sold on Apr 18, 2007 for $48,900, according to the county's recorded deed.

How big is 240 W Railroad St, Caspian, MI?

240 W Railroad St, Caspian, MI has 1.5 bathrooms, 1,309 square feet of living space and a 0.25-acre lot.

What schools serve 240 W Railroad St, Caspian, MI?

240 W Railroad St, Caspian, MI is assigned to West Iron County Middle High School (high), rated C+; Stambaugh Elementary School (elementary), rated C+. All sit in West Iron County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 240 W Railroad St, Caspian, MI compare to other homes in Caspian 49915?

Among the 460 homes in Caspian 49915, it is worth more than 59% of them ($85,861 against a typical $76,674), its price per square foot is higher than 35% of them ($66 against a typical $75), it is bigger than 74% of them (1,309 ft² against a typical 1,144 ft²) and its lot is bigger than 61% of them (0.25 ac against a typical 0.23 ac). Measured against all of Iron County, it is worth more than 30% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 240 W Railroad St, Caspian, MI?

The 2025 property tax bill for 240 W Railroad St, Caspian, MI was $930. The county assessed it at $34,310.

More homes on W Railroad St

Closest homes

More homes in Caspian 49915

Assigned schools

Explore the area

See this home in context

Open 240 W Railroad St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map