5518 Gallery Dr
Ann Arbor, MI 48103
2 bd 3 ba 1,563 sqft Built 2006 condos
Most recent sale
$325,000
Apr 4, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2024 | Sold | $325,000 | MichRic |
| Mar 15, 2024 | Price changed | $340,000 | MichRic |
| Mar 9, 2024 | Price changed | $350,000 | MichRic |
| Feb 15, 2024 | Listing removed | $1,560 | MichRic |
| Feb 12, 2024 | Price changed | $360,000 | MichRic |
| Feb 8, 2024 | Price changed | $370,000 | MichRic |
| Feb 2, 2024 | Price changed | $380,000 | MichRic |
| Jan 6, 2024 | Price changed | $399,900 | MichRic |
| Dec 18, 2023 | Price changed | $410,000 | MichRic |
| Dec 11, 2023 | Listed | $438,500 | MichRic |
| Aug 1, 2010 | Listing removed | $1,800 | AnnArbor |
| Jul 12, 2010 | Price changed (rent) | $1,800 | AnnArbor |
| Jul 6, 2010 | Price changed (rent) | $1,700 | AnnArbor |
| Jun 28, 2010 | Price changed (rent) | $1,850 | AnnArbor |
| Jun 25, 2010 | Price changed (rent) | $1,725 | AnnArbor |
| Jun 23, 2010 | Price changed (rent) | $1,850 | AnnArbor |
| Jun 21, 2010 | Price changed (rent) | $1,900 | AnnArbor |
| Mar 27, 2010 | Listed for rent | $2,100 | AnnArbor |
| Jul 26, 2009 | Listing removed | $2,100 | AnnArbor |
| May 31, 2009 | Listed | $2,100 | AnnArbor |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $146,300 | $5,968 |
| 2021 | — | — | $144,000 | $5,681 |
| 2020 | — | — | $143,500 | $5,655 |
| 2019 | — | — | $141,100 | $5,284 |
| 2018 | — | — | $139,500 | $5,146 |
| 2017 | — | — | $125,800 | $4,915 |
| 2016 | — | — | $122,200 | $4,744 |
| 2015 | — | — | $126,300 | $4,577 |
| 2014 | — | — | $110,700 | $4,474 |
| 2013 | — | — | $94,900 | $4,358 |
| 2012 | — | — | $93,100 | $4,206 |
| 2011 | — | — | $92,300 | $4,148 |
| 2009 | — | — | $107,600 | $3,343 |
| 2008 | — | — | $116,400 | $2,810 |
| 2007 | — | — | $123,500 | $3,010 |
Property facts
Year built
2006
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,563 sqft
Lot size
—
ZIP code
48103
City
Ann Arbor
Street
Gallery Dr
Coordinates
42.28254, -83.83988
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,345
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value
—
Frequently asked questions
When did 5518 Gallery Dr last sell?
5518 Gallery Dr most recently sold on Apr 4, 2024 for $325,000.
What is the current tax assessment for 5518 Gallery Dr?
The most recent total assessment for 5518 Gallery Dr (year 2022) is $146,300 with $5,968 in property tax.
How does 5518 Gallery Dr's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $325,000.
When was 5518 Gallery Dr built?
5518 Gallery Dr was built in 2006.
How does 5518 Gallery Dr compare to others on Gallery Dr?
We track 4 other properties on Gallery Dr. Browse the list under "Other properties on Gallery Dr" to compare beds, baths, and sale history.
What are the property facts for 5518 Gallery Dr?
5518 Gallery Dr is a 2 bed, 3 bath, 1,563 sqft condos.
Is 5518 Gallery Dr a flip candidate?
No — 5518 Gallery Dr does not appear in our flips dataset.
Is 5518 Gallery Dr a tax-appeal candidate?
No — 5518 Gallery Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$666.5K
2026 Q4
$677.3K
ZIP 48103 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gallery Dr