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Single Family ResidenceResidential
$169,612$164 / 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 93How 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 $25,000 on Jul 29, 2021

902 VELMA DR

FARWELL, MI 48622
3
Beds
1
Baths
1,032 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.
2,178 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$170K
$157K low$182K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$25,000 · Jul 29, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,298 (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.$47,780 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,384
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$43,396
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$44,112
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$95,560

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.36
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
22
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
53
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
62
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
4
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.Single Family Residence
CountyCLARE
Lot (acres)The size of the land the home sits on, from county records.0.05
HeatingThe type of heating system in the home.Floor/Wall Furnace
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
Farwell Elementary SchoolC
Elementary · Grades KG–3 · 1.5 mi
M
Farwell Middle SchoolC-
Middle · Grades 4–7 · 1.5 mi
H
Farwell High SchoolB
High · Grades 8–12 · 1.5 mi

District: Farwell Area Schools

Neighborhood · ZIP 48622These 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.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

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.76%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.5,777
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.66 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$58,410
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$69,344
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

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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

902 Velma Dr 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 more per square foot than 68% of homes in Farwell 48622
  • Smaller than 70% of homes in Farwell 48622
  • Among the smallest lots in Farwell 48622

What homes are worth in Farwell 48622

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

This home
$52K$420K

This home is worth more than 49% of homes in Farwell 48622.

How it measures up in Farwell 48622

The dot is this home. The mark in the middle is the typical home in Farwell 48622.

Estimated value$169,612
CheaperTypical $172,107Pricier

Pricier than 49% of homes nearby

Price per ft²$164
CheaperTypical $141Pricier

Pricier than 68% of homes nearby

Living area1,032 ft²
SmallerTypical 1,232 ft²Bigger

Bigger than 30% of homes nearby

Lot size2,178 ft²
SmallerTypical 1 acBigger

Smaller than almost all homes nearby

How 902 Velma Dr ranks against every home in each area.
MeasureThis homeFarwell 48622Clare County
Estimated valuepricier than$169,61249% of homes56% of homes
Price per ft²pricier than$16468% of homes61% of homes
Living areabigger than1,032 ft²30% of homes47% of homes
Lot sizebigger than2,178 ft²almost no homesalmost no homes

About 902 Velma Dr

How much is 902 Velma Dr, Farwell, MI worth?

The TopHap Estimate for 902 Velma Dr, Farwell, MI is $169,612 as of Aug 30, 2026. The likely range is $157,305 to $181,919. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 902 Velma Dr, Farwell, MI last sell?

902 Velma Dr, Farwell, MI last sold on Jul 29, 2021 for $25,000, according to the county's recorded deed.

How big is 902 Velma Dr, Farwell, MI?

902 Velma Dr, Farwell, MI has 3 bedrooms, 1 bathrooms, 1,032 square feet of living space and a 0.05-acre lot.

What schools serve 902 Velma Dr, Farwell, MI?

902 Velma Dr, Farwell, MI is assigned to Farwell Elementary School (elementary), rated C; Farwell Middle School (middle), rated C-; Farwell High School (high), rated B. All sit in Farwell Area Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 902 Velma Dr, Farwell, MI compare to other homes in Farwell 48622?

Among the 3,460 homes in Farwell 48622, it is worth more than 49% of them ($169,612 against a typical $172,107), its price per square foot is higher than 68% of them ($164 against a typical $141), it is bigger than 30% of them (1,032 ft² against a typical 1,232 ft²) and its lot is bigger than almost none of them (2,178 ft² against a typical 1 ac). Measured against all of Clare County, it is worth more than 56% 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 902 Velma Dr, Farwell, MI?

The 2025 property tax bill for 902 Velma Dr, Farwell, MI was $1,298. The county assessed it at $47,780.

More homes on Velma Dr

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Assigned schools

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See this home in context

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