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1516 Oakfield Dr

Ann Arbor, MI 48108

2 bd 2 ba 1,101 sqft Built 1994 condos
Most recent sale
$222,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $222,000 MLS #3289509
Jul 11, 2022 Listed $219,900 MLS #3289509
Feb 7, 2018 Sold $157,000 MLS #3243267
Feb 24, 2017 Sold $1,193,182 Public Record
Oct 11, 2016 Sold $157,000 Public Record
Aug 19, 2016 Listed $169,950 MLS #3243267
Jun 12, 2015 Sold $150,000 Public Record
Dec 22, 2005 Sold $155,500 Public Record
Apr 4, 1996 Sold $88,000 Public Record
Jun 19, 1995 Sold $92,235 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $96,600 $2,404
2020 $89,500 $3,676
2019 $88,000 $3,464
2018 $85,800 $3,409
2017 $74,300 $2,923
2016 $70,600 $3,160
2015 $62,000 $2,278
2014 $55,000 $2,239
2013 $50,500 $2,182
2012 $42,900 $2,127
2011 $49,000 $2,368
2010 $52,300 $2,522
2009 $57,500 $2,764
2008 $62,000 $1,925

Property facts

Year built
1994
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,101 sqft
Lot size
ZIP code
48108
City
Ann Arbor
Street
Oakfield Dr
Coordinates
42.23738, -83.76030

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
$1,652
Gross rental yield
8.93%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 1516 Oakfield Dr last sell?
1516 Oakfield Dr most recently sold on Aug 19, 2022 for $222,000.
What is the current tax assessment for 1516 Oakfield Dr?
The most recent total assessment for 1516 Oakfield Dr (year 2021) is $96,600 with $2,404 in property tax.
How does 1516 Oakfield Dr's assessment compare to its last sale price?
The current assessment is 56.5% below the last sale price of $222,000.
When was 1516 Oakfield Dr built?
1516 Oakfield Dr was built in 1994.
How does 1516 Oakfield Dr compare to others on Oakfield Dr?
We track 8 other properties on Oakfield Dr. Browse the list under "Other properties on Oakfield Dr" to compare beds, baths, and sale history.
What are the property facts for 1516 Oakfield Dr?
1516 Oakfield Dr is a 2 bed, 2 bath, 1,101 sqft condos.
Is 1516 Oakfield Dr a flip candidate?
No — 1516 Oakfield Dr does not appear in our flips dataset.
Is 1516 Oakfield Dr a tax-appeal candidate?
No — 1516 Oakfield 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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