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487 Liberty Pointe Dr

Ann Arbor, MI 48103

2 bd 3 ba 1,878 sqft Built 1994 condos
Most recent sale
$290,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2025 Sold $315,000 MichRic
May 31, 2024 Listing removed $1,700 MichRic
Jul 18, 2022 Sold $290,000 MLS #3288964
Jun 22, 2022 Listed $285,000 MLS #20221009187
Feb 7, 2018 Listing removed $1,600 AnnArbor
Oct 4, 2016 Listing removed $1,700 AnnArbor
Sep 15, 2016 Listing removed $1,700 AppfolioUnits
Sep 3, 2016 Price changed for rent $1,700 AppfolioUnits
Sep 2, 2016 Price changed for rent $1,700 AnnArbor
Aug 23, 2016 Listed for rent $1,750 AppfolioUnits
Aug 18, 2016 Listed for rent $1,750 AnnArbor
Apr 12, 2004 Sold $200,000 Public Record
Oct 12, 2001 Sold $192,000 Public Record
Jan 21, 1998 Sold $148,900 Public Record
Jan 1, 1998 Sold $148,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $133,200 $3,940
2020 $131,400 $4,936
2019 $121,800 $4,709
2018 $112,800 $4,620
2017 $107,000 $4,456
2016 $105,700 $3,386
2015 $108,200 $3,274
2014 $80,600 $3,225
2013 $69,900 $3,083
2012 $66,200 $3,053
2011 $67,600 $3,093
2010 $79,900 $3,666
2009 $82,200 $3,751
2008 $86,300 $3,546

Property facts

Year built
1994
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,878 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
Liberty Pointe Dr
Coordinates
42.27556, -83.78551

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,817
Gross rental yield
11.66%
Implied cap rate
7.58%
Trend-extrapolated value

Frequently asked questions

When did 487 Liberty Pointe Dr last sell?
487 Liberty Pointe Dr most recently sold on Jul 18, 2022 for $290,000.
What is the current tax assessment for 487 Liberty Pointe Dr?
The most recent total assessment for 487 Liberty Pointe Dr (year 2021) is $133,200 with $3,940 in property tax.
How does 487 Liberty Pointe Dr's assessment compare to its last sale price?
The current assessment is 54.1% below the last sale price of $290,000.
When was 487 Liberty Pointe Dr built?
487 Liberty Pointe Dr was built in 1994.
How does 487 Liberty Pointe Dr compare to others on Liberty Pointe Dr?
We track 8 other properties on Liberty Pointe Dr. Browse the list under "Other properties on Liberty Pointe Dr" to compare beds, baths, and sale history.
What are the property facts for 487 Liberty Pointe Dr?
487 Liberty Pointe Dr is a 2 bed, 3 bath, 1,878 sqft condos.
Is 487 Liberty Pointe Dr a flip candidate?
No — 487 Liberty Pointe Dr does not appear in our flips dataset.
Is 487 Liberty Pointe Dr a tax-appeal candidate?
No — 487 Liberty Pointe 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
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$666.5K
2026 Q4
$677.3K
ZIP 48103 — Median Price History + Forecast

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