3181 8 Mile Rd
Detroit, MI 48221
4 bd 2 ba 1,543 sqft Built 1941 Lot 3,920 sqft single_family
Most recent sale
$218,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $218,000 | Public Record |
| Aug 17, 2022 | Sold | $218,000 | Realcomp |
| Jul 1, 2022 | Listed | $225,000 | MLS #20221012478 |
| Nov 21, 1991 | Sold | $45,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $57,700 | $2,599 |
| 2020 | — | — | $47,700 | $2,884 |
| 2019 | — | — | $37,500 | $2,835 |
| 2018 | — | — | $31,900 | $2,717 |
| 2017 | — | — | $29,200 | $2,701 |
| 2016 | — | — | $27,800 | $2,713 |
| 2015 | — | — | $29,300 | $2,818 |
| 2014 | — | — | $29,312 | $2,809 |
| 2013 | — | — | $30,854 | $2,859 |
| 2012 | — | — | $32,793 | $2,772 |
| 2011 | — | — | $35,973 | $2,719 |
| 2010 | — | — | $42,825 | $2,653 |
| 2009 | — | — | $52,225 | $2,617 |
| 2008 | — | — | $61,441 | $2,345 |
| 2007 | — | — | $64,675 | $2,320 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,543 sqft
Lot size
3,920 sqft
ZIP code
48221
City
Detroit
Street
8 Mile Rd
Coordinates
42.44592, -83.13479
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,315
Gross rental yield
12.74%
Implied cap rate
8.28%
Trend-extrapolated value
—
Frequently asked questions
When did 3181 8 Mile Rd last sell?
3181 8 Mile Rd most recently sold on Aug 19, 2022 for $218,000.
What is the current tax assessment for 3181 8 Mile Rd?
The most recent total assessment for 3181 8 Mile Rd (year 2021) is $57,700 with $2,599 in property tax.
How does 3181 8 Mile Rd's assessment compare to its last sale price?
The current assessment is 73.5% below the last sale price of $218,000.
When was 3181 8 Mile Rd built?
3181 8 Mile Rd was built in 1941.
How does 3181 8 Mile Rd compare to others on 8 Mile Rd?
We track 8 other properties on 8 Mile Rd. Browse the list under "Other properties on 8 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 3181 8 Mile Rd?
3181 8 Mile Rd is a 4 bed, 2 bath, 1,543 sqft, 3,920 sqft lot single_family.
Is 3181 8 Mile Rd a flip candidate?
No — 3181 8 Mile Rd does not appear in our flips dataset.
Is 3181 8 Mile Rd a tax-appeal candidate?
No — 3181 8 Mile Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$115.4K
2026 Q4
$105.9K
ZIP 48221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 8 Mile Rd