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CondominiumResidential
$387,133$311 / 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 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $370,000 on Apr 22, 2025

7040 PENN CT

PORTLAND, MI 48875
3
Beds
2
Baths
1,244 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.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
2024
Year BuiltThe year the home was originally built, according to county records.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$387K
$328K low$446K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$370,000 · Apr 22, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,301 (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.$80,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$68,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$12,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$161,600

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.Ranch
CountyIONIA
Lot (acres)The size of the land the home sits on, from county records.0.21
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

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

H
Portland High SchoolC+
High · Grades 9–12 · 1.5 mi
E
Oakwood Elementary School
Elementary · Grades PK–2 · 1.7 mi
M
Portland Middle SchoolC+
Middle · Grades 6–8 · 1.8 mi

District: Portland Public School District

Neighborhood · ZIP 48875These 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.107
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 100.21

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
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.10,283
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.115 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,469
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,283
Average tempThe average temperature here across a full year.48°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.47%

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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

7040 Penn Ct 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 84% of homes in Ionia County
  • Among the highest price per square foot in Portland 48875
  • Smaller than 73% of homes in Portland 48875
  • Has a smaller lot than 86% of homes in Portland 48875
  • Among the newest homes in Portland 48875

What homes are worth in Portland 48875

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

This home
$136K$572K

This home is worth more than 81% of homes in Portland 48875.

How it measures up in Portland 48875

The dot is this home. The mark in the middle is the typical home in Portland 48875.

Estimated value$387,133
CheaperTypical $283,958Pricier

Pricier than 81% of homes nearby

Price per ft²$311
CheaperTypical $197Pricier

Pricier than almost all homes nearby

Living area1,244 ft²
SmallerTypical 1,509 ft²Bigger

Bigger than 27% of homes nearby

Lot size0.21 ac
SmallerTypical 0.92 acBigger

Bigger than 14% of homes nearby

Year built2024
OlderTypical 1973Newer

Newer than almost all homes nearby

How 7040 Penn Ct ranks against every home in each area.
MeasureThis homePortland 48875Ionia County
Estimated valuepricier than$387,13381% of homes84% of homes
Price per ft²pricier than$311almost all homes96% of homes
Living areabigger than1,244 ft²27% of homes33% of homes
Lot sizebigger than0.21 ac14% of homes16% of homes
Year builtnewer than2024almost all homesalmost all homes

About 7040 Penn Ct

How much is 7040 Penn Ct, Portland, MI worth?

The TopHap Estimate for 7040 Penn Ct, Portland, MI is $387,133 as of Sep 24, 2026. The likely range is $328,070 to $446,196. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7040 Penn Ct, Portland, MI last sell?

7040 Penn Ct, Portland, MI last sold on Apr 22, 2025 for $370,000, according to the county's recorded deed.

How big is 7040 Penn Ct, Portland, MI?

7040 Penn Ct, Portland, MI has 3 bedrooms, 2 bathrooms, 1,244 square feet of living space and a 0.21-acre lot.

When was 7040 Penn Ct, Portland, MI built?

7040 Penn Ct, Portland, MI was built in 2024, making it 2 years old. It is a ranch home.

What schools serve 7040 Penn Ct, Portland, MI?

7040 Penn Ct, Portland, MI is assigned to Portland High School (high), rated C+; Oakwood Elementary School (elementary); Portland Middle School (middle), rated C+. All sit in Portland Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7040 Penn Ct, Portland, MI compare to other homes in Portland 48875?

Among the 3,572 homes in Portland 48875, it is worth more than 81% of them ($387,133 against a typical $283,958), its price per square foot is higher than almost all of them ($311 against a typical $197), it is bigger than 27% of them (1,244 ft² against a typical 1,509 ft²), its lot is bigger than 14% of them (0.21 ac against a typical 0.92 ac) and it is newer than almost all of them (2024 against a typical 1973). Measured against all of Ionia County, it is worth more than 84% 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 7040 Penn Ct, Portland, MI?

The 2025 property tax bill for 7040 Penn Ct, Portland, MI was $2,301. The county assessed it at $80,800.

More homes on Penn Ct

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Assigned schools

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