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5055 Low Meadow Rd

Independence, MI 48348

3 bd 5 ba 2,976 sqft Built 1989 Lot 30,492 sqft single_family
Most recent sale
$575,000
Aug 24, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2023 Sold $575,000 Realcomp
Aug 7, 2023 Relisted $575,000 Realcomp
Jul 30, 2023 Listing removed Realcomp
Jun 28, 2023 Price changed $575,000 Realcomp
Jun 7, 2023 Price changed $594,900 Realcomp
May 19, 2023 Price changed $624,900 Realcomp
May 10, 2023 Relisted $649,900 Realcomp
May 3, 2023 Listing removed Realcomp
Apr 24, 2023 Listed $649,900 Realcomp
Mar 20, 2023 Listing removed Realcomp
Feb 28, 2023 Relisted $649,900 Realcomp
Feb 27, 2023 Listing removed Realcomp
Feb 17, 2023 Price changed $649,900 Realcomp
Nov 18, 2022 Price changed $680,000 Realcomp
Oct 13, 2022 Price changed $718,500 Realcomp
Sep 27, 2022 Listed $730,000 Realcomp
Sep 7, 1994 Sold $283,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $215,000 $5,275
2020 $203,600 $5,228
2019 $201,200 $5,130
2018 $200,000 $5,024
2017 $196,300 $4,640
2016 $199,900 $4,621
2015 $175,300 $4,634
2014 $154,400 $4,564
2013 $173,200 $4,415
2012 $148,800 $4,324
2011 $132,400 $4,126
2010 $150,400 $4,679
2009 $181,800 $5,435
2008 $206,000 $3,876
2007 $224,800 $3,789

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
3
Baths
5
Living area
2,976 sqft
Lot size
30,492 sqft
ZIP code
48348
City
Independence
Street
Low Meadow Rd
Coordinates
42.75797, -83.35247

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,464
Gross rental yield
9.32%
Implied cap rate
6.06%
Trend-extrapolated value

Frequently asked questions

When did 5055 Low Meadow Rd last sell?
5055 Low Meadow Rd most recently sold on Aug 24, 2023 for $575,000.
What is the current tax assessment for 5055 Low Meadow Rd?
The most recent total assessment for 5055 Low Meadow Rd (year 2021) is $215,000 with $5,275 in property tax.
How does 5055 Low Meadow Rd's assessment compare to its last sale price?
The current assessment is 62.6% below the last sale price of $575,000.
When was 5055 Low Meadow Rd built?
5055 Low Meadow Rd was built in 1989.
How does 5055 Low Meadow Rd compare to others on Low Meadow Rd?
We do not currently track other properties on Low Meadow Rd.
What are the property facts for 5055 Low Meadow Rd?
5055 Low Meadow Rd is a 3 bed, 5 bath, 2,976 sqft, 30,492 sqft lot single_family.
Is 5055 Low Meadow Rd a flip candidate?
No — 5055 Low Meadow Rd does not appear in our flips dataset.
Is 5055 Low Meadow Rd a tax-appeal candidate?
No — 5055 Low Meadow 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
-1.0%
Implied 1-yr
-3.8%
2026 Q2
$386.1K
2026 Q3
$382.1K
ZIP 48348 — Median Price History + Forecast

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