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2938 Shady Ln

Ann Arbor, MI 48104

2 bd 1 ba 997 sqft Built 1950 Lot 8,276 sqft single_family
Most recent sale
$342,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 7, 2025 Listing removed $1,100 MichRic
Apr 29, 2022 Sold $342,000 MLS #3286754
Mar 23, 2022 Listed $300,000 MLS #3286754
Dec 22, 2020 Sold $233,500 Public Record
Oct 30, 2020 Sold $233,500 Realcomp
Jun 24, 2015 Sold $165,000 Public Record
Jun 17, 2015 Listing removed $175,000 AnnArbor
Jun 16, 2015 Sold $165,000 MichRic
Mar 31, 2015 Listed $175,000 MLS #3229595
Feb 16, 2012 Listing removed $1,100 AnnArbor
Dec 20, 2011 Listed for rent $1,100 AnnArbor
Jun 30, 2004 Sold $151,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $124,800 $4,992
2024 $124,800 $5,680
2023 $101,000 $5,228
2022 $102,900 $5,233
2021 $100,500 $4,440
2020 $96,300 $4,471
2019 $90,300 $4,255
2018 $85,800 $4,195
2017 $84,200 $4,081
2016 $81,600 $3,937
2015 $76,700 $4,324
2014 $70,300 $4,251
2013 $70,600 $4,122
2012 $67,300 $3,097
2011 $65,400 $2,992
2010 $65,900 $3,024
2009 $71,100 $3,245
2008 $75,600 $3,106
2007 $80,800 $3,339

Property facts

Year built
1950
Property type
single_family
Stories
Beds
2
Baths
1
Living area
997 sqft
Lot size
8,276 sqft
ZIP code
48104
City
Ann Arbor
Street
Shady Ln
Coordinates
42.24466, -83.71907

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,496
Gross rental yield
5.25%
Implied cap rate
3.41%
Trend-extrapolated value

Frequently asked questions

When did 2938 Shady Ln last sell?
2938 Shady Ln most recently sold on Apr 29, 2022 for $342,000.
What is the current tax assessment for 2938 Shady Ln?
The most recent total assessment for 2938 Shady Ln (year 2025) is $124,800 with $4,992 in property tax.
How does 2938 Shady Ln's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $342,000.
When was 2938 Shady Ln built?
2938 Shady Ln was built in 1950.
How does 2938 Shady Ln compare to others on Shady Ln?
We track 4 other properties on Shady Ln. Browse the list under "Other properties on Shady Ln" to compare beds, baths, and sale history.
What are the property facts for 2938 Shady Ln?
2938 Shady Ln is a 2 bed, 1 bath, 997 sqft, 8,276 sqft lot single_family.
Is 2938 Shady Ln a flip candidate?
Yes — 2938 Shady Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2938 Shady Ln a tax-appeal candidate?
No — 2938 Shady Ln 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$612.1K
2026 Q4
$610.2K
ZIP 48104 — Median Price History + Forecast

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