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Single Family ResidenceResidential
$156,340$192 / 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 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $151,000 on Sep 29, 2025

5240 ROCK RIVER RD

CHATHAM, MI 49816
1
Baths
816 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.

Valuation

$156K
$144K low$169K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$151,000 · Sep 29, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,182 (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.$42,000 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$35,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$84,000

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.0.17
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

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

E
Superior Central SchoolB-
Elementary · Grades PK–12 · 2.1 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

5240 Rock River Rd 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 79% of homes in Alger County
  • Smaller than 82% of homes in Chatham 49816
  • Has a smaller lot than 95% of homes in Chatham 49816

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
$73K$493K

This home is worth more than 27% 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$156,340
CheaperTypical $214,962Pricier

Pricier than 27% of homes nearby

Price per ft²$192
CheaperTypical $168Pricier

Pricier than 59% of homes nearby

Living area816 ft²
SmallerTypical 1,216 ft²Bigger

Bigger than 18% of homes nearby

Lot size0.17 ac
SmallerTypical 10 acBigger

Bigger than 5% of homes nearby

Year built1971
OlderTypical 1974Newer

Newer than 47% of homes nearby

How 5240 Rock River Rd ranks against every home in each area.
MeasureThis homeChatham 49816Alger County
Estimated valuepricier than$156,34027% of homes21% of homes
Price per ft²pricier than$19259% of homes43% of homes
Living areabigger than816 ft²18% of homes21% of homes
Lot sizebigger than0.17 ac5% of homes11% of homes
Year builtnewer than197147% of homes37% of homes

About 5240 Rock River Rd

How much is 5240 Rock River Rd, Chatham, MI worth?

The TopHap Estimate for 5240 Rock River Rd, Chatham, MI is $156,340 as of Aug 30, 2026. The likely range is $143,787 to $168,893. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5240 Rock River Rd, Chatham, MI last sell?

5240 Rock River Rd, Chatham, MI last sold on Sep 29, 2025 for $151,000, according to the county's recorded deed.

How big is 5240 Rock River Rd, Chatham, MI?

5240 Rock River Rd, Chatham, MI has 1 bathrooms, 816 square feet of living space and a 0.17-acre lot.

When was 5240 Rock River Rd, Chatham, MI built?

5240 Rock River Rd, Chatham, MI was built in 1971, making it 55 years old.

What schools serve 5240 Rock River Rd, Chatham, MI?

5240 Rock River Rd, Chatham, MI is assigned to Superior Central School (elementary), rated B-. All sit in Superior Central Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5240 Rock River Rd, Chatham, MI compare to other homes in Chatham 49816?

Among the 440 homes in Chatham 49816, it is worth more than 27% of them ($156,340 against a typical $214,962), its price per square foot is higher than 59% of them ($192 against a typical $168), it is bigger than 18% of them (816 ft² against a typical 1,216 ft²), its lot is bigger than 5% of them (0.17 ac against a typical 10 ac) and it is newer than 47% of them (1971 against a typical 1974). Measured against all of Alger County, it is worth more than 21% 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 5240 Rock River Rd, Chatham, MI?

The 2025 property tax bill for 5240 Rock River Rd, Chatham, MI was $1,182. The county assessed it at $42,000.

More homes on Rock River Rd

Closest homes

More homes in Chatham 49816

Assigned schools

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