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18224 Salem St

Detroit, MI 48219

3 bd 2 ba 1,594 sqft Built 1941 Lot 8,712 sqft single_family
Most recent sale
$121,500
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $121,500 Public Record
Jun 21, 2022 Sold $121,500 Realcomp
Apr 13, 2022 Listed $125,000 MLS #2220026130
Mar 2, 2022 Price changed $119,500 MLS #2210101149
Feb 21, 2022 Price changed $120,000 MLS #2210101149
Feb 15, 2022 Price changed $124,750 MLS #2210101149
Feb 14, 2022 Price changed $124,900 MLS #2210101149
Jan 25, 2022 Price changed $125,000 MLS #2210101149
Jan 22, 2022 Price changed $127,500 MLS #2210101149
Jan 18, 2022 Price changed $129,500 MLS #2210101149
Jan 12, 2022 Price changed $129,900 MLS #2210101149
Jan 9, 2022 Price changed $137,000 MLS #2210101149
Jan 3, 2022 Price changed $137,500 MLS #2210101149
Dec 28, 2021 Price changed $137,900 MLS #2210101149
Dec 14, 2021 Listed $139,700 MLS #2210101149
Oct 21, 2021 Listed $125,000 MLS #2210085720

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $68,100 $2,272
2024 $68,100 $3,794
2023 $33,500 $2,557
2022 $26,800 $1,386
2021 $19,100 $1,228
2020 $16,500 $1,347
2019 $13,000 $1,327
2018 $12,000 $1,277
2017 $12,300 $1,319
2016 $19,900 $2,010
2015 $23,400 $2,299
2014 $26,266 $2,542
2013 $32,832 $3,083
2012 $37,738 $3,475
2011 $41,397 $4,158
2010 $47,042 $4,935
2009 $53,457 $5,368
2008 $61,800 $4,952
2007 $61,800 $4,919

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,594 sqft
Lot size
8,712 sqft
ZIP code
48219
City
Detroit
Street
Salem St
Coordinates
42.42194, -83.28503

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$729
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 18224 Salem St last sell?
18224 Salem St most recently sold on Jun 28, 2022 for $121,500.
What is the current tax assessment for 18224 Salem St?
The most recent total assessment for 18224 Salem St (year 2025) is $68,100 with $2,272 in property tax.
How does 18224 Salem St's assessment compare to its last sale price?
The current assessment is 44.0% below the last sale price of $121,500.
When was 18224 Salem St built?
18224 Salem St was built in 1941.
How does 18224 Salem St compare to others on Salem St?
We track 8 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 18224 Salem St?
18224 Salem St is a 3 bed, 2 bath, 1,594 sqft, 8,712 sqft lot single_family.
Is 18224 Salem St a flip candidate?
No — 18224 Salem St does not appear in our flips dataset.
Is 18224 Salem St a tax-appeal candidate?
No — 18224 Salem 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
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$146K
2026 Q4
$148.8K
ZIP 48219 — Median Price History + Forecast

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