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Single Family ResidenceResidential
$224,518
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 96How 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

5217 PETERSON

CHATHAM, MI 49816
0
Baths
10 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$225K
$215K low$234K high

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$192,100 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$163,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$384,200

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.40
78
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
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.
59
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
8
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.64 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

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
CountyALGER
Lot (acres)The size of the land the home sits on, from county records.10.00
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.

E
Superior Central SchoolD+
Elementary · Grades PK–12 · 4.5 mi

District: Superior Central Schools

Neighborhood · ZIP 49816These 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.102
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.72
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.7

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.62%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.2%
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.393
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.$62,841
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,718
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.33 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

5217 Peterson 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.

  • Has a bigger lot than 75% of homes in Alger County

What homes are worth in Chatham 49816

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

This home
$68K$488K

This home is worth more than 54% of homes in Chatham 49816.

How it measures up in Chatham 49816

The dot is this home. The mark in the middle is the typical home in Chatham 49816.

Estimated value$224,518
CheaperTypical $213,807Pricier

Pricier than 54% of homes nearby

Lot size10 ac
SmallerTypical 10 acBigger

Bigger than 55% of homes nearby

How 5217 Peterson ranks against every home in each area.
MeasureThis homeChatham 49816Alger County
Estimated valuepricier than$224,51854% of homes54% of homes
Lot sizebigger than10 ac55% of homes75% of homes

About 5217 Peterson

How much is 5217 Peterson, Chatham, MI worth?

The TopHap Estimate for 5217 Peterson, Chatham, MI is $224,518 as of Oct 21, 2026. The likely range is $214,755 to $234,281. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5217 Peterson, Chatham, MI last sell?

5217 Peterson, Chatham, MI last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 5217 Peterson, Chatham, MI?

5217 Peterson, Chatham, MI is assigned to Superior Central School (elementary), rated D+. All sit in Superior Central Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5217 Peterson, Chatham, MI compare to other homes in Chatham 49816?

Among the 440 homes in Chatham 49816, it is worth more than 54% of them ($224,518 against a typical $213,807) and its lot is bigger than 55% of them (10 ac against a typical 10 ac). Measured against all of Alger County, it is worth more than 54% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

Closest homes

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Assigned schools

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