5478 Parkgrove Rd
Ann Arbor, MI 48103
2 bd 3 ba 1,860 sqft Built 1988 condos
Most recent sale
$350,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $350,000 | MLS #3290128 |
| Aug 19, 2022 | Price changed | $350,000 | MLS #3290128 |
| Aug 9, 2022 | Listed | $375,000 | MLS #3290128 |
| Mar 30, 2018 | Sold | $325,000 | MLS #3253949 |
| Jan 25, 2018 | Listed | $329,900 | MLS #3253949 |
| May 16, 2013 | Sold | $222,000 | Public Record |
| Jan 3, 2013 | Listed | $229,000 | MLS #3209486 |
| Dec 15, 1997 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $149,500 | $3,961 |
| 2020 | — | — | $154,000 | $5,959 |
| 2019 | — | — | $150,600 | $5,506 |
| 2018 | — | — | $117,100 | $3,636 |
| 2017 | — | — | $119,600 | $3,512 |
| 2016 | — | — | $121,000 | $3,339 |
| 2015 | — | — | $101,900 | $3,155 |
| 2014 | — | — | $94,300 | $3,089 |
| 2013 | — | — | $89,800 | $2,890 |
| 2012 | — | — | $87,800 | $2,786 |
| 2011 | — | — | $87,100 | $2,744 |
| 2010 | — | — | $87,000 | $2,720 |
| 2009 | — | — | $102,000 | $3,072 |
| 2008 | — | — | $119,000 | $2,287 |
Property facts
Year built
1988
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,860 sqft
Lot size
—
ZIP code
48103
City
Ann Arbor
Street
Parkgrove Rd
Coordinates
42.27824, -83.83766
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,790
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value
—
Frequently asked questions
When did 5478 Parkgrove Rd last sell?
5478 Parkgrove Rd most recently sold on Oct 11, 2022 for $350,000.
What is the current tax assessment for 5478 Parkgrove Rd?
The most recent total assessment for 5478 Parkgrove Rd (year 2021) is $149,500 with $3,961 in property tax.
How does 5478 Parkgrove Rd's assessment compare to its last sale price?
The current assessment is 57.3% below the last sale price of $350,000.
When was 5478 Parkgrove Rd built?
5478 Parkgrove Rd was built in 1988.
How does 5478 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 5478 Parkgrove Rd?
5478 Parkgrove Rd is a 2 bed, 3 bath, 1,860 sqft condos.
Is 5478 Parkgrove Rd a flip candidate?
No — 5478 Parkgrove Rd does not appear in our flips dataset.
Is 5478 Parkgrove Rd a tax-appeal candidate?
No — 5478 Parkgrove Rd 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 Parkgrove Rd