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7318 Navy St

Detroit, MI 48209

3 bd 2 ba 1,248 sqft Built 1918 Lot 3,049 sqft single_family
Most recent sale
$141,500
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $141,500 Public Record
Jun 17, 2022 Sold $141,500 Realcomp
Apr 11, 2022 Listed $130,000 MLS #2220025174

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $15,100 $780
2020 $13,400 $856
2019 $10,300 $844
2018 $8,400 $813
2017 $8,300 $817
2016 $9,900 $940
2015 $10,400 $966
2014 $10,949 $1,000
2013 $11,525 $1,028
2012 $13,247 $1,137
2011 $14,531 $1,230
2010 $16,513 $842
2009 $18,765 $830
2008 $20,966 $792
2007 $20,966 $786

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
3,049 sqft
ZIP code
48209
City
Detroit
Street
Navy St
Coordinates
42.31125, -83.12206

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$849
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7318 Navy St last sell?
7318 Navy St most recently sold on Jul 8, 2022 for $141,500.
What is the current tax assessment for 7318 Navy St?
The most recent total assessment for 7318 Navy St (year 2021) is $15,100 with $780 in property tax.
How does 7318 Navy St's assessment compare to its last sale price?
The current assessment is 89.3% below the last sale price of $141,500.
When was 7318 Navy St built?
7318 Navy St was built in 1918.
How does 7318 Navy St compare to others on Navy St?
We track 8 other properties on Navy St. Browse the list under "Other properties on Navy St" to compare beds, baths, and sale history.
What are the property facts for 7318 Navy St?
7318 Navy St is a 3 bed, 2 bath, 1,248 sqft, 3,049 sqft lot single_family.
Is 7318 Navy St a flip candidate?
No — 7318 Navy St does not appear in our flips dataset.
Is 7318 Navy St a tax-appeal candidate?
No — 7318 Navy St 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
+3.4%
Implied 1-yr
+13.8%
2026 Q3
$171K
2026 Q4
$171K
ZIP 48209 — Median Price History + Forecast

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