12470 Riad St
Detroit, MI 48224
3 bd 1 ba 1,596 sqft Built 1940 Lot 4,792 sqft single_family
Most recent sale
$50,000
Aug 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 28, 2025 | Listed for rent | $1,600 | RentSpree |
| Mar 19, 2025 | Listed for rent | $1,700 | TurboTenant |
| Mar 19, 2025 | Price changed for rent | $1,700 | Avail |
| Mar 17, 2025 | Listed for rent | $1,600 | Avail |
| Mar 7, 2025 | Listed for rent | $1,600 | TurboTenant |
| Jan 13, 2025 | Listed for rent | $1,600 | Avail |
| Dec 13, 2024 | Listed for rent | $1,600 | TurboTenant |
| Jan 25, 2024 | Sold | $13,500 | MichRic |
| Sep 1, 2023 | Price changed | $39,800 | Realcomp |
| Aug 18, 2022 | Sold | $50,000 | Public Record |
| May 27, 2022 | Listed | $39,800 | MLS #2220040807 |
| Apr 12, 2021 | Relisted | $35,300 | MLS #219068371 |
| Jan 13, 2021 | Relisted | $35,300 | MLS #219068371 |
| Nov 20, 2020 | Relisted | $35,300 | MLS #219068371 |
| Jan 17, 2020 | Relisted | $35,300 | MLS #219068371 |
| Dec 4, 2019 | Listed | $35,300 | MLS #219068371 |
| Sep 5, 1991 | Sold | $23,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $23,000 | $1,500 |
| 2020 | — | — | $21,500 | $1,653 |
| 2019 | — | — | $16,900 | $1,626 |
| 2018 | — | — | $15,300 | $1,563 |
| 2017 | — | — | $15,600 | $1,243 |
| 2016 | — | — | $14,300 | $1,252 |
| 2015 | — | — | $16,800 | $1,413 |
| 2014 | — | — | $20,972 | $1,577 |
| 2010 | — | — | $34,164 | $1,771 |
| 2009 | — | — | $38,941 | $1,735 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,596 sqft
Lot size
4,792 sqft
ZIP code
48224
City
Detroit
Street
Riad St
Coordinates
42.42908, -82.95414
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12470 Riad St last sell?
12470 Riad St most recently sold on Aug 18, 2022 for $50,000.
What is the current tax assessment for 12470 Riad St?
The most recent total assessment for 12470 Riad St (year 2021) is $23,000 with $1,500 in property tax.
How does 12470 Riad St's assessment compare to its last sale price?
The current assessment is 54.0% below the last sale price of $50,000.
When was 12470 Riad St built?
12470 Riad St was built in 1940.
How does 12470 Riad St compare to others on Riad St?
We track 8 other properties on Riad St. Browse the list under "Other properties on Riad St" to compare beds, baths, and sale history.
What are the property facts for 12470 Riad St?
12470 Riad St is a 3 bed, 1 bath, 1,596 sqft, 4,792 sqft lot single_family.
Is 12470 Riad St a flip candidate?
No — 12470 Riad St does not appear in our flips dataset.
Is 12470 Riad St a tax-appeal candidate?
Yes — 12470 Riad St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.2%
2026 Q3
$104K
2026 Q4
$105K
ZIP 48224 — Median Price History + Forecast
Explore nearby
Geography
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