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7340 Elms Rd

Gaines, MI 48473

3 bd 4 ba 2,000 sqft Built 1996 Lot 435,600 sqft single_family
Most recent sale
$510,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $510,000 Public Record
May 23, 2022 Sold $510,000 Realcomp
Apr 20, 2022 Listed $499,900 MLS #2220027870
Oct 5, 2018 Sold $354,000 Public Record
Sep 19, 2018 Listing removed $369,900 MiRealSource
Sep 6, 2018 Listing removed $369,900 Realcomp
Sep 5, 2018 Listed $369,900 MLS #21493687
Aug 17, 2018 Listed $369,900 MLS #218079910
Jul 14, 2003 Sold $285,000 MLS #20281220

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $282,300 $9,367
2023 $256,200 $8,464
2022 $177,200 $5,413
2021 $166,000 $1,785
2020 $163,500 $5,011
2019 $149,700 $4,959
2018 $132,600 $3,173
2017 $127,500 $3,016
2016 $118,900 $3,100
2015 $107,400 $3,005
2014 $104,000 $2,893
2013 $101,500 $2,808
2012 $97,100 $2,654
2011 $103,800 $2,809
2010 $113,900 $3,049
2009 $138,500 $3,655
2008 $145,400 $1,689
2007 $156,400 $1,724

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,000 sqft
Lot size
435,600 sqft
ZIP code
48473
City
Gaines
Street
Elms Rd
Coordinates
42.91861, -83.81263

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,000
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 7340 Elms Rd last sell?
7340 Elms Rd most recently sold on Jun 1, 2022 for $510,000.
What is the current tax assessment for 7340 Elms Rd?
The most recent total assessment for 7340 Elms Rd (year 2025) is $282,300 with $9,367 in property tax.
How does 7340 Elms Rd's assessment compare to its last sale price?
The current assessment is 44.6% below the last sale price of $510,000.
When was 7340 Elms Rd built?
7340 Elms Rd was built in 1996.
How does 7340 Elms Rd compare to others on Elms Rd?
We track 3 other properties on Elms Rd. Browse the list under "Other properties on Elms Rd" to compare beds, baths, and sale history.
What are the property facts for 7340 Elms Rd?
7340 Elms Rd is a 3 bed, 4 bath, 2,000 sqft, 435,600 sqft lot single_family.
Is 7340 Elms Rd a flip candidate?
No — 7340 Elms Rd does not appear in our flips dataset.
Is 7340 Elms Rd a tax-appeal candidate?
No — 7340 Elms 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
+3.3%
Implied 1-yr
+13.1%
2026 Q3
$296.6K
2026 Q4
$304.6K
ZIP 48473 — Median Price History + Forecast

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