2962 Salem Dr
Ann Arbor, MI 48103
3 bd 2 ba 1,579 sqft Built 1998 Lot 5,009 sqft condos
Most recent sale
$410,000
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2022 | Sold | $410,000 | Public Record |
| Aug 1, 2022 | Listed | $415,000 | MLS #3288891 |
| Jul 29, 2022 | Sold | $410,000 | MLS #3288891 |
| Jun 16, 2022 | Listed | $415,000 | MLS #3288891 |
| Dec 30, 1998 | Sold | $221,000 | Public Record |
| Oct 1, 1997 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $175,600 | $5,539 |
| 2020 | — | — | $169,300 | $6,302 |
| 2019 | — | — | $170,500 | $5,998 |
| 2018 | — | — | $157,500 | $5,913 |
| 2017 | — | — | $157,600 | $5,752 |
| 2016 | — | — | $149,300 | $5,550 |
| 2015 | — | — | $136,900 | $5,366 |
| 2014 | — | — | $129,800 | $5,285 |
| 2013 | — | — | $120,500 | $5,053 |
| 2012 | — | — | $108,500 | $5,003 |
| 2011 | — | — | $115,400 | $5,202 |
| 2010 | — | — | $111,800 | $5,130 |
| 2009 | — | — | $118,200 | $5,394 |
| 2008 | — | — | $125,500 | $5,157 |
Property facts
Year built
1998
Property type
condos
Stories
—
Beds
3
Baths
2
Living area
1,579 sqft
Lot size
5,009 sqft
ZIP code
48103
City
Ann Arbor
Street
Salem Dr
Coordinates
42.27414, -83.78774
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,369
Gross rental yield
6.93%
Implied cap rate
4.51%
Trend-extrapolated value
—
Frequently asked questions
When did 2962 Salem Dr last sell?
2962 Salem Dr most recently sold on Aug 2, 2022 for $410,000.
What is the current tax assessment for 2962 Salem Dr?
The most recent total assessment for 2962 Salem Dr (year 2021) is $175,600 with $5,539 in property tax.
How does 2962 Salem Dr's assessment compare to its last sale price?
The current assessment is 57.2% below the last sale price of $410,000.
When was 2962 Salem Dr built?
2962 Salem Dr was built in 1998.
How does 2962 Salem Dr compare to others on Salem Dr?
We track 8 other properties on Salem Dr. Browse the list under "Other properties on Salem Dr" to compare beds, baths, and sale history.
What are the property facts for 2962 Salem Dr?
2962 Salem Dr is a 3 bed, 2 bath, 1,579 sqft, 5,009 sqft lot condos.
Is 2962 Salem Dr a flip candidate?
No — 2962 Salem Dr does not appear in our flips dataset.
Is 2962 Salem Dr a tax-appeal candidate?
No — 2962 Salem Dr 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 Salem Dr