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Single Family ResidenceResidential
$120,478$82 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

507 RIVER ST

WAKEFIELD, MI 49968
4
Beds
1
Baths
1,466 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.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$120K
$110K low$131K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$120,478
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$96,382

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,046 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$49,842 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$41,907
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$99,684

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyGOGEBIC
Lot (acres)The size of the land the home sits on, from county records.0.24
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(3)

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.

E
Wakefieldmarenisco SchoolC
Elementary · Grades PK–12 · 0.3 mi

District: Wakefield-Marenisco School District

Neighborhood · ZIP 49968These 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.134
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

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.67%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.2,375
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$49,633
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69,865
Average tempThe average temperature here across a full year.40°F
Annual precipHow much rain and melted snow falls here in a typical year.35 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

507 River 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.

  • Costs less per square foot than 70% of homes in Wakefield 49968
  • Bigger than 77% of homes in Wakefield 49968
  • Has a smaller lot than 75% of homes in Wakefield 49968

What homes are worth in Wakefield 49968

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

This home
$33K$401K

This home is worth more than 55% of homes in Wakefield 49968.

How it measures up in Wakefield 49968

The dot is this home. The mark in the middle is the typical home in Wakefield 49968.

Estimated value$120,478
CheaperTypical $111,220Pricier

Pricier than 55% of homes nearby

Price per ft²$82
CheaperTypical $104Pricier

Pricier than 30% of homes nearby

Living area1,466 ft²
SmallerTypical 1,092 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.24 ac
SmallerTypical 0.5 acBigger

Bigger than 25% of homes nearby

Year built1940
OlderTypical 1942Newer

Newer than 48% of homes nearby

How 507 River St ranks against every home in each area.
MeasureThis homeWakefield 49968Gogebic County
Estimated valuepricier than$120,47855% of homes51% of homes
Price per ft²pricier than$8230% of homes30% of homes
Living areabigger than1,466 ft²77% of homes74% of homes
Lot sizebigger than0.24 ac25% of homes26% of homes
Year builtnewer than194048% of homes54% of homes

About 507 River St

How much is 507 River St, Wakefield, MI worth?

The TopHap Estimate for 507 River St, Wakefield, MI is $120,478 as of Jul 14, 2026. The likely range is $109,626 to $131,330. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 River St, Wakefield, MI last sell?

507 River St, Wakefield, MI last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 507 River St, Wakefield, MI?

507 River St, Wakefield, MI has 4 bedrooms, 1 bathrooms, 1,466 square feet of living space and a 0.24-acre lot.

When was 507 River St, Wakefield, MI built?

507 River St, Wakefield, MI was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 507 River St, Wakefield, MI?

507 River St, Wakefield, MI is assigned to Wakefieldmarenisco School (elementary), rated C. All sit in Wakefield-Marenisco School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 507 River St, Wakefield, MI compare to other homes in Wakefield 49968?

Among the 1,355 homes in Wakefield 49968, it is worth more than 55% of them ($120,478 against a typical $111,220), its price per square foot is higher than 30% of them ($82 against a typical $104), it is bigger than 77% of them (1,466 ft² against a typical 1,092 ft²), its lot is bigger than 25% of them (0.24 ac against a typical 0.5 ac) and it is newer than 48% of them (1940 against a typical 1942). Measured against all of Gogebic County, it is worth more than 51% 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 507 River St, Wakefield, MI?

The 2024 property tax bill for 507 River St, Wakefield, MI was $2,046. The county assessed it at $49,842.

Closest homes

More homes in Wakefield 49968

Assigned schools

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