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CondominiumResidential
$562,972$268 / 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 94How 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 $245,000 on Jan 14, 2013

5862 TERRACE PARK DR NE

ROCKFORD, MI 49341
5
Beds
2.5
Baths
2,099 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.
2003
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$563K
$532K low$594K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$245,000 · Jan 14, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,255 (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.$236,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$224,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$473,400

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.44
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
19
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
59
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
77
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
29
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.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyKENT
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

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
Meadow Ridge Elementary SchoolA-
Elementary · Grades KG–5 · 3.4 mi
M
East Rockford Middle SchoolA
Middle · Grades 6–8 · 5.0 mi
H
Rockford High SchoolA
High · Grades 10–12 · 5.0 mi

District: Rockford Public Schools

Neighborhood · ZIP 49341These 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.60
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 100.18

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.4%
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.38,938
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.451 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$107,521
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$134,089
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.46%

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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

5862 Terrace Park Dr Ne 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 86% of homes in Kent County
  • Bigger than 83% of homes in Kent County
  • Newer than 88% of homes in Kent County

What homes are worth in Rockford 49341

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

This home
$223K$1.1M

This home is worth more than 71% of homes in Rockford 49341.

How it measures up in Rockford 49341

The dot is this home. The mark in the middle is the typical home in Rockford 49341.

Estimated value$562,972
CheaperTypical $459,194Pricier

Pricier than 71% of homes nearby

Price per ft²$268
CheaperTypical $284Pricier

Pricier than 40% of homes nearby

Living area2,099 ft²
SmallerTypical 1,638 ft²Bigger

Bigger than 76% of homes nearby

Year built2003
OlderTypical 1995Newer

Newer than 76% of homes nearby

How 5862 Terrace Park Dr Ne ranks against every home in each area.
MeasureThis homeRockford 49341Kent County
Estimated valuepricier than$562,97271% of homes86% of homes
Price per ft²pricier than$26840% of homes63% of homes
Living areabigger than2,099 ft²76% of homes83% of homes
Year builtnewer than200376% of homes88% of homes

About 5862 Terrace Park Dr Ne

How much is 5862 Terrace Park Dr Ne, Rockford, MI worth?

The TopHap Estimate for 5862 Terrace Park Dr Ne, Rockford, MI is $562,972 as of Aug 30, 2026. The likely range is $531,738 to $594,206. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5862 Terrace Park Dr Ne, Rockford, MI last sell?

5862 Terrace Park Dr Ne, Rockford, MI last sold on Jan 14, 2013 for $245,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5862 Terrace Park Dr Ne, Rockford, MI?

5862 Terrace Park Dr Ne, Rockford, MI has 5 bedrooms, 2.5 bathrooms and 2,099 square feet of living space.

When was 5862 Terrace Park Dr Ne, Rockford, MI built?

5862 Terrace Park Dr Ne, Rockford, MI was built in 2003, making it 23 years old. It is a condo/apartment home. The building has 2 stories.

What schools serve 5862 Terrace Park Dr Ne, Rockford, MI?

5862 Terrace Park Dr Ne, Rockford, MI is assigned to Meadow Ridge Elementary School (elementary), rated A-; East Rockford Middle School (middle), rated A; Rockford High School (high), rated A. All sit in Rockford Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5862 Terrace Park Dr Ne, Rockford, MI compare to other homes in Rockford 49341?

Among the 14,387 homes in Rockford 49341, it is worth more than 71% of them ($562,972 against a typical $459,194), its price per square foot is higher than 40% of them ($268 against a typical $284), it is bigger than 76% of them (2,099 ft² against a typical 1,638 ft²) and it is newer than 76% of them (2003 against a typical 1995). Measured against all of Kent County, it is worth more than 86% 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 5862 Terrace Park Dr Ne, Rockford, MI?

The 2025 property tax bill for 5862 Terrace Park Dr Ne, Rockford, MI was $3,255. The county assessed it at $236,700.

More homes on Terrace Park Dr Ne

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