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5425 Parkgrove Rd

Ann Arbor, MI 48103

3 bd 3 ba 1,964 sqft Built 1990 townhomes
Most recent sale
$375,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2024 Listing removed $2,400 MichRic
Apr 1, 2022 Sold $375,000 MLS #3285612
Mar 2, 2022 Price changed $375,000 MLS #3285612
Jan 25, 2022 Listed $385,000 MLS #3285612
May 28, 2020 Listing removed $2,400 AnnArbor
May 18, 2020 Listed for rent $2,400 AnnArbor
May 13, 2020 Listing removed $2,400 AnnArbor
May 1, 2020 Listed for rent $2,400 AnnArbor
May 24, 2002 Sold $250,000 Public Record
Oct 23, 1998 Sold $183,000 Public Record
Aug 6, 1997 Sold $181,000 Public Record
May 15, 1996 Sold $153,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $150,100 $2,729
2020 $154,300 $3,974
2019 $150,900 $4,380
2018 $117,200 $4,940
2017 $119,600 $3,456
2016 $121,100 $3,286
2015 $103,400 $3,105
2014 $95,900 $3,040
2013 $91,300 $2,936
2012 $89,400 $2,837
2011 $88,700 $2,793
2010 $88,500 $2,767
2009 $104,700 $3,251
2008 $123,900 $2,991
2007 $126,200 $3,076

Property facts

Year built
1990
Property type
townhomes
Stories
Beds
3
Baths
3
Living area
1,964 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
Parkgrove Rd
Coordinates
42.27791, -83.83688

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
$2,946
Gross rental yield
9.43%
Implied cap rate
6.13%
Trend-extrapolated value

Frequently asked questions

When did 5425 Parkgrove Rd last sell?
5425 Parkgrove Rd most recently sold on Apr 1, 2022 for $375,000.
What is the current tax assessment for 5425 Parkgrove Rd?
The most recent total assessment for 5425 Parkgrove Rd (year 2021) is $150,100 with $2,729 in property tax.
How does 5425 Parkgrove Rd's assessment compare to its last sale price?
The current assessment is 60.0% below the last sale price of $375,000.
When was 5425 Parkgrove Rd built?
5425 Parkgrove Rd was built in 1990.
How does 5425 Parkgrove Rd compare to others on Parkgrove Rd?
We track 8 other properties on Parkgrove Rd. Browse the list under "Other properties on Parkgrove Rd" to compare beds, baths, and sale history.
What are the property facts for 5425 Parkgrove Rd?
5425 Parkgrove Rd is a 3 bed, 3 bath, 1,964 sqft townhomes.
Is 5425 Parkgrove Rd a flip candidate?
No — 5425 Parkgrove Rd does not appear in our flips dataset.
Is 5425 Parkgrove Rd a tax-appeal candidate?
No — 5425 Parkgrove Rd 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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