5556 Lancaster Ln
Commerce Township, MI 48382
4 bd 4 ba 2,610 sqft Built 2003 Lot 12,197 sqft single_family
Most recent sale
$550,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $550,000 | Public Record |
| Aug 10, 2022 | Sold | $550,000 | Realcomp |
| Jun 27, 2022 | Listed | $550,000 | MLS #20221011139 |
| Apr 21, 2016 | Sold | $385,000 | Public Record |
| Feb 11, 2016 | Listing removed | $389,900 | Realcomp |
| Jan 28, 2016 | Listed | $389,900 | MLS #216008823 |
| Feb 6, 2014 | Listing removed | $409,000 | ECAR |
| Feb 5, 2014 | Listing removed | $409,000 | Realcomp |
| Dec 6, 2013 | Price changed | $409,000 | MLS #213111135 |
| Nov 13, 2013 | Price changed | $409,000 | MLS #30032121 |
| Oct 29, 2013 | Listed | $415,000 | MLS #30032121 |
| Oct 28, 2013 | Listed | $415,000 | MLS #213111135 |
| Feb 11, 2003 | Sold | $98,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $206,380 | $3,981 |
| 2020 | — | — | $202,800 | $6,084 |
| 2019 | — | — | $187,080 | $5,968 |
| 2018 | — | — | $180,950 | $5,902 |
| 2017 | — | — | $180,390 | $5,912 |
| 2016 | — | — | $162,790 | $3,871 |
| 2015 | — | — | $156,550 | $3,896 |
| 2014 | — | — | $146,370 | $3,863 |
| 2013 | — | — | $123,330 | $3,809 |
| 2012 | — | — | $119,310 | $3,849 |
| 2011 | — | — | $103,350 | $3,319 |
| 2010 | — | — | $106,280 | $3,265 |
| 2009 | — | — | $148,060 | $4,149 |
| 2008 | — | — | $162,060 | $3,519 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,610 sqft
Lot size
12,197 sqft
ZIP code
48382
City
Commerce Township
Street
Lancaster Ln
Coordinates
42.60278, -83.48954
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,915
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value
—
Frequently asked questions
When did 5556 Lancaster Ln last sell?
5556 Lancaster Ln most recently sold on Aug 24, 2022 for $550,000.
What is the current tax assessment for 5556 Lancaster Ln?
The most recent total assessment for 5556 Lancaster Ln (year 2021) is $206,380 with $3,981 in property tax.
How does 5556 Lancaster Ln's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $550,000.
When was 5556 Lancaster Ln built?
5556 Lancaster Ln was built in 2003.
How does 5556 Lancaster Ln compare to others on Lancaster Ln?
We track 8 other properties on Lancaster Ln. Browse the list under "Other properties on Lancaster Ln" to compare beds, baths, and sale history.
What are the property facts for 5556 Lancaster Ln?
5556 Lancaster Ln is a 4 bed, 4 bath, 2,610 sqft, 12,197 sqft lot single_family.
Is 5556 Lancaster Ln a flip candidate?
No — 5556 Lancaster Ln does not appear in our flips dataset.
Is 5556 Lancaster Ln a tax-appeal candidate?
No — 5556 Lancaster Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.1%
Implied 1-yr
+20.2%
2026 Q3
$677.9K
2026 Q4
$703.6K
ZIP 48382 — Median Price History + Forecast
Explore nearby
Geography
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