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23041 Potomac Cir

Farmington Hills, MI 48335

2 bd 2 ba 1,409 sqft Built 1995 condo
Most recent sale
$275,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $275,000 Public Record
Jul 29, 2022 Price changed $290,000 MLS #20221008942
Jul 18, 2022 Price changed $299,900 MLS #20221008942
Jul 11, 2022 Price changed $309,000 MLS #20221008942
Jun 23, 2022 Listed $325,000 MLS #20221008942
Oct 5, 2017 Sold $226,000 Public Record
Sep 7, 2017 Listing removed $225,000 Realcomp
Sep 3, 2017 Listed $225,000 MLS #217079554
May 27, 2011 Listing removed $1,395 MiRealSource
May 26, 2011 Listing removed $1,395 Realcomp
May 23, 2011 Listed for rent $1,395 Realcomp
Dec 1, 2005 Sold $240,000 Public Record
Dec 12, 1995 Sold $173,449 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $123,560 $3,969
2020 $122,460 $4,817
2019 $122,460 $4,785
2018 $98,890 $4,465
2017 $92,040 $3,825
2016 $91,590 $4,163
2015 $91,550 $4,163
2014 $85,410 $3,869
2013 $72,510 $3,800
2012 $72,670 $3,807
2011 $83,310 $3,500
2010 $94,180 $3,856
2009 $111,190 $4,288
2008 $131,250 $4,070

Property facts

Year built
1995
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,409 sqft
Lot size
ZIP code
48335
City
Farmington Hills
Street
Potomac Cir
Coordinates
42.46056, -83.39217

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,114
Gross rental yield
9.22%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 23041 Potomac Cir last sell?
23041 Potomac Cir most recently sold on Sep 14, 2022 for $275,000.
What is the current tax assessment for 23041 Potomac Cir?
The most recent total assessment for 23041 Potomac Cir (year 2021) is $123,560 with $3,969 in property tax.
How does 23041 Potomac Cir's assessment compare to its last sale price?
The current assessment is 55.1% below the last sale price of $275,000.
When was 23041 Potomac Cir built?
23041 Potomac Cir was built in 1995.
How does 23041 Potomac Cir compare to others on Potomac Cir?
We track 5 other properties on Potomac Cir. Browse the list under "Other properties on Potomac Cir" to compare beds, baths, and sale history.
What are the property facts for 23041 Potomac Cir?
23041 Potomac Cir is a 2 bed, 2 bath, 1,409 sqft condo.
Is 23041 Potomac Cir a flip candidate?
No — 23041 Potomac Cir does not appear in our flips dataset.
Is 23041 Potomac Cir a tax-appeal candidate?
No — 23041 Potomac Cir 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
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$473.4K
2026 Q4
$488.9K
ZIP 48335 — Median Price History + Forecast

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