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3305 8 Mile Rd

Detroit, MI 48221

3 bd 2 ba 1,084 sqft Built 1949 Lot 3,920 sqft single_family
Most recent sale
$72,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $172,000 Realcomp
May 24, 2022 Price changed $179,900 MLS #2220012193
May 23, 2022 Relisted $185,000 MLS #2220012193
Apr 12, 2022 Sold $72,000 Public Record
Feb 24, 2022 Listed $185,000 MLS #2220012193
Dec 1, 2021 Price changed $190,000 MLS #2210085588
Oct 11, 2021 Listed $200,000 MLS #2210085588
Jun 18, 2021 Listed $200,000 MLS #2210047435
Nov 27, 2020 Listed $69,000 MLS #2200096582
Nov 24, 2020 Listed $69,000 MLS #2200095541
May 2, 2012 Sold $25,000 Public Record
Mar 10, 2012 Listing removed $24,500 Realcomp
Dec 18, 2011 Listed $24,500 MLS #211128885

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $49,500 $1,804
2020 $40,900 $2,023
2019 $31,800 $1,990
2018 $27,500 $1,900
2017 $25,200 $1,896
2016 $23,600 $1,910
2015 $24,800 $1,971
2014 $24,766 $1,960
2013 $26,069 $2,568
2012 $27,707 $2,299
2011 $30,394 $2,863
2010 $36,183 $1,894
2009 $44,125 $1,556
2008 $51,912 $1,398
2007 $54,644 $1,384

Property facts

Year built
1949
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,084 sqft
Lot size
3,920 sqft
ZIP code
48221
City
Detroit
Street
8 Mile Rd
Coordinates
42.44590, -83.13561

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3305 8 Mile Rd last sell?
3305 8 Mile Rd most recently sold on Apr 12, 2022 for $72,000.
What is the current tax assessment for 3305 8 Mile Rd?
The most recent total assessment for 3305 8 Mile Rd (year 2021) is $49,500 with $1,804 in property tax.
How does 3305 8 Mile Rd's assessment compare to its last sale price?
The current assessment is 31.3% below the last sale price of $72,000.
When was 3305 8 Mile Rd built?
3305 8 Mile Rd was built in 1949.
How does 3305 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 3305 8 Mile Rd?
3305 8 Mile Rd is a 3 bed, 2 bath, 1,084 sqft, 3,920 sqft lot single_family.
Is 3305 8 Mile Rd a flip candidate?
Yes — 3305 8 Mile Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3305 8 Mile Rd a tax-appeal candidate?
No — 3305 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 valuation
Quarterly trend
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$115.4K
2026 Q4
$105.9K
ZIP 48221 — Median Price History + Forecast

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