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4518 Cottonwood Dr

Ann Arbor, MI 48108

2 bd 2 ba 1,592 sqft Built 1985 condo
Most recent sale
$435,000
Jul 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2023 Sold $435,000 Public Record
Apr 19, 2023 Sold $435,000 MichRic
Feb 22, 2023 Listed $449,900 AnnArbor
Feb 22, 2023 Listing removed $474,900 AnnArbor
Jan 31, 2023 Listing removed $499,900 AnnArbor
Jan 31, 2023 Listed $474,900 AnnArbor
Sep 28, 2022 Listing removed $539,900 AnnArbor
Sep 28, 2022 Listed $499,900 MLS #3291090
Aug 26, 2022 Listed $539,900 MLS #3290500
Feb 7, 2018 Sold $335,000 MLS #3249690
Oct 10, 2017 Sold $355,000 Public Record
Sep 11, 2017 Sold $335,000 MichRic
Sep 6, 2017 Price changed $369,900 MLS #3249690
Jun 12, 2017 Listed $375,000 MLS #3249690
Aug 19, 2009 Sold $187,000 Public Record
Aug 14, 2009 Listing removed $189,900 AnnArbor
Jul 15, 2009 Listing removed $229,900 AnnArbor
Jul 15, 2009 Listed $189,900 MLS #2906970
Mar 24, 2009 Listed $229,900 MLS #2902832
Mar 1, 2009 Listing removed $235,000 AnnArbor
Jan 8, 2009 Listed $235,000 MLS #2900247

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $158,300 $1,065
2021 $166,100 $4,654
2018 $155,800 $5,266
2017 $138,600 $3,575
2016 $132,200 $3,579
2015 $125,400 $3,279
2014 $114,700 $3,225
2013 $104,000 $3,110
2012 $108,700 $3,168
2011 $104,200 $3,106
2010 $100,800 $3,048
2009 $103,800 $3,138
2008 $116,900 $3,044
2007 $124,300 $3,238

Property facts

Year built
1985
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,592 sqft
Lot size
ZIP code
48108
City
Ann Arbor
Street
Cottonwood Dr
Coordinates
42.21919, -83.78133

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,388
Gross rental yield
6.59%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 4518 Cottonwood Dr last sell?
4518 Cottonwood Dr most recently sold on Jul 20, 2023 for $435,000.
What is the current tax assessment for 4518 Cottonwood Dr?
The most recent total assessment for 4518 Cottonwood Dr (year 2022) is $158,300 with $1,065 in property tax.
How does 4518 Cottonwood Dr's assessment compare to its last sale price?
The current assessment is 63.6% below the last sale price of $435,000.
When was 4518 Cottonwood Dr built?
4518 Cottonwood Dr was built in 1985.
How does 4518 Cottonwood Dr compare to others on Cottonwood Dr?
We track 8 other properties on Cottonwood Dr. Browse the list under "Other properties on Cottonwood Dr" to compare beds, baths, and sale history.
What are the property facts for 4518 Cottonwood Dr?
4518 Cottonwood Dr is a 2 bed, 2 bath, 1,592 sqft condo.
Is 4518 Cottonwood Dr a flip candidate?
No — 4518 Cottonwood Dr does not appear in our flips dataset.
Is 4518 Cottonwood Dr a tax-appeal candidate?
No — 4518 Cottonwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$420.9K
2026 Q4
$418.9K
ZIP 48108 — Median Price History + Forecast

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