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5379 Loon Ln

Burton, MI 48509

2 bd 2 ba 1,297 sqft Built 2018 condos
Most recent sale
$196,221
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $196,221 Public Record
Sep 30, 2022 Sold $225,000 Realcomp
Sep 17, 2022 Relisted $225,000 MLS #20221031448
Sep 2, 2022 Listed $225,000 MLS #20221031448
Nov 4, 2019 Sold $183,000 Public Record
Mar 15, 2016 Sold $615,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $93,700 $3,352
2020 $92,500 $4,374
2019 $63,100 $4,393
2018 $3,600 $1,740
2017 $6,000 $1,970
2011 $13,000 $1,876
2010 $13,500 $1,929
2009 $15,000 $1,980
2008 $15,000 $1,989
2007 $15,000 $2,316

Property facts

Year built
2018
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,297 sqft
Lot size
ZIP code
48509
City
Burton
Street
Loon Ln
Coordinates
43.03176, -83.59958

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
$1,946
Gross rental yield
11.90%
Implied cap rate
7.74%
Trend-extrapolated value

Frequently asked questions

When did 5379 Loon Ln last sell?
5379 Loon Ln most recently sold on Oct 6, 2022 for $196,221.
What is the current tax assessment for 5379 Loon Ln?
The most recent total assessment for 5379 Loon Ln (year 2021) is $93,700 with $3,352 in property tax.
How does 5379 Loon Ln's assessment compare to its last sale price?
The current assessment is 52.2% below the last sale price of $196,221.
When was 5379 Loon Ln built?
5379 Loon Ln was built in 2018.
How does 5379 Loon Ln compare to others on Loon Ln?
We track 8 other properties on Loon Ln. Browse the list under "Other properties on Loon Ln" to compare beds, baths, and sale history.
What are the property facts for 5379 Loon Ln?
5379 Loon Ln is a 2 bed, 2 bath, 1,297 sqft condos.
Is 5379 Loon Ln a flip candidate?
No — 5379 Loon Ln does not appear in our flips dataset.
Is 5379 Loon Ln a tax-appeal candidate?
No — 5379 Loon 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
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$202.5K
2026 Q4
$202.1K
ZIP 48509 — Median Price History + Forecast

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