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6242 Island Lake Dr

Green Oak Township, MI 48116

2 bd 2 ba 800 sqft Built 1930 Lot 2,178 sqft single_family
Most recent sale
$226,500
Apr 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Sold $226,500 Realcomp
Mar 30, 2024 Listed $219,900 Realcomp
Apr 14, 2016 Sold $134,000 Public Record
Feb 4, 2016 Listing removed $135,000 Realcomp
Jan 14, 2016 Listed $135,000 Realcomp
Sep 19, 2010 Listing removed $25,900 MiRealSource
Mar 25, 2010 Listing removed $25,900 MiRealSource
Feb 13, 2010 Price changed $25,900 MiRealSource
Jan 7, 2010 Listing removed $14,900 Realcomp
Dec 18, 2009 Price changed $14,900 Realcomp
Dec 3, 2009 Listed $25,900 MiRealSource
Nov 18, 2009 Listed $25,900 Realcomp
Nov 17, 2009 Listing removed $25,900 Realcomp
Nov 9, 2009 Price changed $25,900 Realcomp
Oct 8, 2009 Listed $28,900 MiRealSource
Sep 19, 2009 Listed $28,900 Realcomp

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $65,700 $1,424
2021 $59,800 $2,075
2020 $54,600 $2,078
2018 $46,300 $2,061
2017 $46,500 $2,086
2016 $46,300 $1,622
2015 $26,700 $1,766
2014 $25,700 $2,070
2013 $25,000 $2,094
2012 $24,900 $2,077
2011 $25,500 $2,046
2010 $25,800 $1,728
2008 $36,500 $208
2007 $36,700 $204

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
800 sqft
Lot size
2,178 sqft
ZIP code
48116
City
Green Oak Township
Street
Island Lake Dr
Coordinates
42.51179, -83.74377

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
6.36%
Implied cap rate
4.13%
Trend-extrapolated value

Frequently asked questions

When did 6242 Island Lake Dr last sell?
6242 Island Lake Dr most recently sold on Apr 16, 2024 for $226,500.
What is the current tax assessment for 6242 Island Lake Dr?
The most recent total assessment for 6242 Island Lake Dr (year 2022) is $65,700 with $1,424 in property tax.
How does 6242 Island Lake Dr's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $226,500.
When was 6242 Island Lake Dr built?
6242 Island Lake Dr was built in 1930.
How does 6242 Island Lake Dr compare to others on Island Lake Dr?
We track 8 other properties on Island Lake Dr. Browse the list under "Other properties on Island Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 6242 Island Lake Dr?
6242 Island Lake Dr is a 2 bed, 2 bath, 800 sqft, 2,178 sqft lot single_family.
Is 6242 Island Lake Dr a flip candidate?
No — 6242 Island Lake Dr does not appear in our flips dataset.
Is 6242 Island Lake Dr a tax-appeal candidate?
No — 6242 Island Lake Dr 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
+0.8%
Implied 1-yr
+3.2%
2026 Q3
$435.6K
2026 Q4
$438.9K
ZIP 48116 — Median Price History + Forecast

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