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Single Family ResidenceResidential
$202,842$56 / 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 77How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $345,000 on May 2, 2022

500 W 5TH ST

CASPIAN, MI 49915
3.5
Baths
3,594 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.
1.03 ac
Lot SizeThe size of the land the home sits on, from county records.
1
StoriesHow many floors the home has above ground.

Valuation

$203K
$156K low$250K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$345,000 · May 2, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,750 (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.$222,720 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$222,720
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$203,370
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$445,440

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.23
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
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.
61
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.1.03
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.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.

H
West Iron County Middle High SchoolC+
High · Grades 6–12 · 1.5 mi
E
Stambaugh Elementary SchoolC+
Elementary · Grades PK–6 · 1.6 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%

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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

500 W 5th 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 more than 95% of homes in Caspian 49915
  • Costs less per square foot than 95% of homes in Iron County
  • Among the largest homes in Caspian 49915
  • Has a bigger lot than 98% of homes in Caspian 49915

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
$27K$232K

This home is worth more than 95% 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$202,842
CheaperTypical $77,142Pricier

Pricier than 95% of homes nearby

Price per ft²$56
CheaperTypical $74Pricier

Pricier than 20% of homes nearby

Living area3,594 ft²
SmallerTypical 1,144 ft²Bigger

Bigger than almost all homes nearby

Lot size1.03 ac
SmallerTypical 0.23 acBigger

Bigger than 98% of homes nearby

How 500 W 5th St ranks against every home in each area.
MeasureThis homeCaspian 49915Iron County
Estimated valuepricier than$202,84295% of homes70% of homes
Price per ft²pricier than$5620% of homes5% of homes
Living areabigger than3,594 ft²almost all homesalmost all homes
Lot sizebigger than1.03 ac98% of homes33% of homes

About 500 W 5th St

How much is 500 W 5th St, Caspian, MI worth?

The TopHap Estimate for 500 W 5th St, Caspian, MI is $202,842 as of Oct 21, 2026. The likely range is $155,850 to $249,834. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 500 W 5th St, Caspian, MI last sell?

500 W 5th St, Caspian, MI last sold on May 2, 2022 for $345,000, according to the county's recorded deed.

How big is 500 W 5th St, Caspian, MI?

500 W 5th St, Caspian, MI has 3.5 bathrooms, 3,594 square feet of living space and a 1.03-acre lot.

What schools serve 500 W 5th St, Caspian, MI?

500 W 5th 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 500 W 5th St, Caspian, MI compare to other homes in Caspian 49915?

Among the 460 homes in Caspian 49915, it is worth more than 95% of them ($202,842 against a typical $77,142), its price per square foot is higher than 20% of them ($56 against a typical $74), it is bigger than almost all of them (3,594 ft² against a typical 1,144 ft²) and its lot is bigger than 98% of them (1.03 ac against a typical 0.23 ac). Measured against all of Iron County, it is worth more than 70% 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 500 W 5th St, Caspian, MI?

The 2025 property tax bill for 500 W 5th St, Caspian, MI was $7,750. The county assessed it at $222,720.

More homes on W 5th St

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Assigned schools

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