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500 Little Lake Dr

Ann Arbor, MI 48103

3 bd 3 ba 1,150 sqft Built 2003 condos
Most recent sale
$355,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $355,000 MLS #3288202
May 21, 2022 Listed $355,000 MLS #3288202
Sep 29, 2003 Sold $235,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $129,900 $2,308
2020 $123,500 $3,500
2019 $109,400 $3,083
2018 $104,000 $3,013
2017 $99,400 $2,917
2016 $85,500 $2,788
2015 $77,300 $2,654
2014 $74,100 $2,609
2013 $72,900 $2,473
2012 $85,400 $2,710
2011 $96,700 $3,044
2010 $98,700 $3,086
2009 $100,700 $3,126
2008 $102,000 $2,463

Property facts

Year built
2003
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,150 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
Little Lake Dr
Coordinates
42.27925, -83.81750

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
$1,725
Gross rental yield
5.83%
Implied cap rate
3.79%
Trend-extrapolated value

Frequently asked questions

When did 500 Little Lake Dr last sell?
500 Little Lake Dr most recently sold on Jun 22, 2022 for $355,000.
What is the current tax assessment for 500 Little Lake Dr?
The most recent total assessment for 500 Little Lake Dr (year 2021) is $129,900 with $2,308 in property tax.
How does 500 Little Lake Dr's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $355,000.
When was 500 Little Lake Dr built?
500 Little Lake Dr was built in 2003.
How does 500 Little Lake Dr compare to others on Little Lake Dr?
We track 8 other properties on Little Lake Dr. Browse the list under "Other properties on Little Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Little Lake Dr?
500 Little Lake Dr is a 3 bed, 3 bath, 1,150 sqft condos.
Is 500 Little Lake Dr a flip candidate?
No — 500 Little Lake Dr does not appear in our flips dataset.
Is 500 Little Lake Dr a tax-appeal candidate?
No — 500 Little Lake 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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