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30042 12 Mile Rd

Farmington Hills, MI 48334

2 bd 2 ba 1,176 sqft Built 1981 condos
Most recent sale
$135,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $135,000 Public Record
Sep 20, 2022 Sold $135,000 Realcomp
Sep 1, 2022 Price changed $137,000 MLS #20221004370
Jul 29, 2022 Price changed $143,000 MLS #20221004370
Jun 27, 2022 Relisted $145,000 MLS #20221004370
Jun 16, 2022 Listed $145,000 MLS #20221004370
May 29, 2018 Listed for rent $700 AppfolioUnits
Mar 4, 2018 Listed for rent $700 AppfolioUnits
Jan 7, 2018 Listing removed $700 AppfolioUnits
Dec 8, 2017 Listed for rent $700 AppfolioUnits
Nov 26, 2017 Listing removed $700 AppfolioUnits
Oct 11, 2017 Listed for rent $700 AppfolioUnits
Oct 10, 2017 Sold $87,100 Public Record
Apr 27, 2016 Listing removed $65,000 Realcomp
Mar 17, 2016 Price changed $65,000 MLS #216017131
Feb 24, 2016 Listed $70,000 MLS #216017131
May 8, 2000 Sold $91,000 Public Record
Nov 18, 1997 Sold $71,000 Public Record
Sep 13, 1993 Sold $59,000 Public Record
Aug 14, 1990 Sold $54,000 Public Record
Mar 1, 1987 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $44,260 $1,261
2020 $39,990 $1,509
2019 $39,990 $1,500
2018 $31,430 $1,478
2017 $29,520 $770
2016 $29,410 $771
2015 $26,770 $777
2014 $19,370 $721
2013 $17,580 $724
2012 $16,120 $713
2011 $16,480 $679
2010 $27,800 $1,121
2009 $39,880 $1,517
2008 $46,810 $1,381

Property facts

Year built
1981
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,176 sqft
Lot size
ZIP code
48334
City
Farmington Hills
Street
12 Mile Rd
Coordinates
42.50075, -83.34862

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 30042 12 Mile Rd last sell?
30042 12 Mile Rd most recently sold on Sep 22, 2022 for $135,000.
What is the current tax assessment for 30042 12 Mile Rd?
The most recent total assessment for 30042 12 Mile Rd (year 2021) is $44,260 with $1,261 in property tax.
How does 30042 12 Mile Rd's assessment compare to its last sale price?
The current assessment is 67.2% below the last sale price of $135,000.
When was 30042 12 Mile Rd built?
30042 12 Mile Rd was built in 1981.
How does 30042 12 Mile Rd compare to others on 12 Mile Rd?
We track 8 other properties on 12 Mile Rd. Browse the list under "Other properties on 12 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 30042 12 Mile Rd?
30042 12 Mile Rd is a 2 bed, 2 bath, 1,176 sqft condos.
Is 30042 12 Mile Rd a flip candidate?
No — 30042 12 Mile Rd does not appear in our flips dataset.
Is 30042 12 Mile Rd a tax-appeal candidate?
No — 30042 12 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
-1.8%
Implied 1-yr
-7.1%
2026 Q3
$269.9K
2026 Q4
$264.5K
ZIP 48334 — Median Price History + Forecast

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