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27155 Drake Rd

Farmington Hills, MI 48331

4 bd 4 ba 3,142 sqft Built 1979 Lot 158,123 sqft single_family
Most recent sale
$705,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2026 Relisted $760,000 MichRic
Dec 1, 2025 Price changed $760,000 MichRic
Nov 4, 2025 Price changed $780,000 MichRic
Sep 19, 2025 Listed $800,000 MichRic
Sep 4, 2024 Sold $550,000 Public Record
Aug 12, 2022 Sold $705,000 Public Record
Jun 21, 2022 Sold $705,000 Realcomp
Apr 14, 2022 Listed $675,000 MLS #2220025730

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $314,520 $9,040
2020 $295,830 $10,884
2019 $295,830 $10,813
2018 $278,260 $10,083
2017 $258,340 $9,931
2016 $257,520 $9,946
2015 $237,970 $10,018
2014 $227,960 $9,299
2013 $211,160 $9,331
2012 $207,780 $9,258
2011 $33,030 $527
2010 $50,810 $507
2009 $50,810 $480
2008 $50,810 $375

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,142 sqft
Lot size
158,123 sqft
ZIP code
48331
City
Farmington Hills
Street
Drake Rd
Coordinates
42.49309, -83.39866

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,713
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 27155 Drake Rd last sell?
27155 Drake Rd most recently sold on Aug 12, 2022 for $705,000.
What is the current tax assessment for 27155 Drake Rd?
The most recent total assessment for 27155 Drake Rd (year 2021) is $314,520 with $9,040 in property tax.
How does 27155 Drake Rd's assessment compare to its last sale price?
The current assessment is 55.4% below the last sale price of $705,000.
When was 27155 Drake Rd built?
27155 Drake Rd was built in 1979.
How does 27155 Drake Rd compare to others on Drake Rd?
We track 8 other properties on Drake Rd. Browse the list under "Other properties on Drake Rd" to compare beds, baths, and sale history.
What are the property facts for 27155 Drake Rd?
27155 Drake Rd is a 4 bed, 4 bath, 3,142 sqft, 158,123 sqft lot single_family.
Is 27155 Drake Rd a flip candidate?
No — 27155 Drake Rd does not appear in our flips dataset.
Is 27155 Drake Rd a tax-appeal candidate?
No — 27155 Drake 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
+1.3%
Implied 1-yr
+5.1%
2026 Q2
$473.3K
2026 Q3
$478.9K
ZIP 48331 — Median Price History + Forecast

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