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4324 Schaefer Rd

Dearborn, MI 48126

2 bd 2 ba 1,509 sqft Built 1998 condos
Most recent sale
$195,000
Aug 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Listed $219,900 MLS #20221022906
Aug 26, 2021 Sold $195,000 Public Record
Aug 23, 2021 Listed $199,900 MLS #2210070098
Jan 15, 2021 Listed $179,900 MLS #2210003265
Jul 1, 2020 Listed $164,900 MLS #2200050221
Jun 21, 2018 Sold $414,000 Public Record
Jul 19, 2016 Sold $115,000 Public Record
Jul 15, 2002 Sold $151,000 Public Record
Jun 21, 2000 Sold $153,000 Public Record
Mar 4, 1999 Sold $36,223 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $73,000 $3,442
2020 $68,200 $3,928
2019 $62,400 $3,938
2018 $58,900 $4,357
2017 $56,950 $4,260
2016 $50,700 $2,537
2015 $40,200 $2,878
2014 $38,300 $2,814
2013 $38,300 $2,732
2012 $38,300 $2,330
2011 $47,850 $2,612
2010 $53,150 $2,720
2009 $62,550 $3,013
2008 $72,750 $3,132
2007 $80,850 $3,586

Property facts

Year built
1998
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,509 sqft
Lot size
ZIP code
48126
City
Dearborn
Street
Schaefer Rd
Coordinates
42.32003, -83.17550

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,264
Gross rental yield
13.93%
Implied cap rate
9.06%
Trend-extrapolated value

Frequently asked questions

When did 4324 Schaefer Rd last sell?
4324 Schaefer Rd most recently sold on Aug 26, 2021 for $195,000.
What is the current tax assessment for 4324 Schaefer Rd?
The most recent total assessment for 4324 Schaefer Rd (year 2021) is $73,000 with $3,442 in property tax.
How does 4324 Schaefer Rd's assessment compare to its last sale price?
The current assessment is 62.6% below the last sale price of $195,000.
When was 4324 Schaefer Rd built?
4324 Schaefer Rd was built in 1998.
How does 4324 Schaefer Rd compare to others on Schaefer Rd?
We track 8 other properties on Schaefer Rd. Browse the list under "Other properties on Schaefer Rd" to compare beds, baths, and sale history.
What are the property facts for 4324 Schaefer Rd?
4324 Schaefer Rd is a 2 bed, 2 bath, 1,509 sqft condos.
Is 4324 Schaefer Rd a flip candidate?
No — 4324 Schaefer Rd does not appear in our flips dataset.
Is 4324 Schaefer Rd a tax-appeal candidate?
No — 4324 Schaefer Rd 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
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$267.2K
2026 Q4
$273.3K
ZIP 48126 — Median Price History + Forecast

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