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Single Family ResidenceResidential
$181,023$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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $195,000 on Nov 20, 2020

N5231 R 1 LN

WALLACE, MI 49893
1
Beds
1.5
Baths
945 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.
0.38 ac
Lot SizeThe size of the land the home sits on, from county records.
1967
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$181K
$164K low$198K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$195,000 · Nov 20, 2020
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$181,023
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$144,818

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,199 (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.$90,700 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$69,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$181,400

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.32
35
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
9
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
43
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
6
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
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.1 percent flood zone

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
CountyMENOMINEE
Lot (acres)The size of the land the home sits on, from county records.0.38
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 184 ft²

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

E
Stephenson Area Public SchoolB+
Elementary · Grades KG–12 · 8.6 mi

District: Stephenson Area Public Schools

Neighborhood · ZIP 49893These 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.88
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.76
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.10

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.87%
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.7.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.1,630
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.22 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,126
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,288
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

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

N5231 R 1 Ln 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 84% of homes in Wallace 49893
  • Smaller than 81% of homes in Wallace 49893
  • Has a smaller lot than 96% of homes in Wallace 49893
  • Older than 70% of homes in Wallace 49893

What homes are worth in Wallace 49893

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

This home
$56K$454K

This home is worth more than 46% of homes in Wallace 49893.

How it measures up in Wallace 49893

The dot is this home. The mark in the middle is the typical home in Wallace 49893.

Estimated value$181,023
CheaperTypical $185,996Pricier

Pricier than 46% of homes nearby

Price per ft²$192
CheaperTypical $141Pricier

Pricier than 84% of homes nearby

Living area945 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than 19% of homes nearby

Lot size0.38 ac
SmallerTypical 5.54 acBigger

Bigger than 4% of homes nearby

Year built1967
OlderTypical 1978Newer

Newer than 30% of homes nearby

How N5231 R 1 Ln ranks against every home in each area.
MeasureThis homeWallace 49893Menominee County
Estimated valuepricier than$181,02346% of homes59% of homes
Price per ft²pricier than$19284% of homes84% of homes
Living areabigger than945 ft²19% of homes23% of homes
Lot sizebigger than0.38 ac4% of homes27% of homes
Year builtnewer than196730% of homes52% of homes

About N5231 R 1 Ln

How much is N5231 R 1 Ln, Wallace, MI worth?

The TopHap Estimate for N5231 R 1 Ln, Wallace, MI is $181,023 as of Jul 14, 2026. The likely range is $163,953 to $198,093. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did N5231 R 1 Ln, Wallace, MI last sell?

N5231 R 1 Ln, Wallace, MI last sold on Nov 20, 2020 for $195,000, according to the county's recorded deed.

How big is N5231 R 1 Ln, Wallace, MI?

N5231 R 1 Ln, Wallace, MI has 1 bedrooms, 1.5 bathrooms, 945 square feet of living space and a 0.38-acre lot.

When was N5231 R 1 Ln, Wallace, MI built?

N5231 R 1 Ln, Wallace, MI was built in 1967, making it 59 years old. The building has 1 story.

What schools serve N5231 R 1 Ln, Wallace, MI?

N5231 R 1 Ln, Wallace, MI is assigned to Stephenson Area Public School (elementary), rated B+. All sit in Stephenson Area Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does N5231 R 1 Ln, Wallace, MI compare to other homes in Wallace 49893?

Among the 1,107 homes in Wallace 49893, it is worth more than 46% of them ($181,023 against a typical $185,996), its price per square foot is higher than 84% of them ($192 against a typical $141), it is bigger than 19% of them (945 ft² against a typical 1,352 ft²), its lot is bigger than 4% of them (0.38 ac against a typical 5.54 ac) and it is newer than 30% of them (1967 against a typical 1978). Measured against all of Menominee County, it is worth more than 59% 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 N5231 R 1 Ln, Wallace, MI?

The 2025 property tax bill for N5231 R 1 Ln, Wallace, MI was $2,199. The county assessed it at $90,700.

Closest homes

More homes in Wallace 49893

Assigned schools

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