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5404 Ridge Trl

Independence, MI 48348

4 bd 3 ba 2,621 sqft Built 1990 Lot 109,771 sqft single_family
Most recent sale
$550,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $550,000 Public Record
May 16, 2022 Listed $539,900 MLS #2220036813
Sep 1, 1993 Sold $188,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $192,100 $3,055
2020 $196,500 $4,497
2019 $192,400 $4,414
2018 $171,700 $4,331
2017 $166,700 $4,002
2016 $188,500 $3,985
2015 $154,700 $3,691
2014 $135,900 $3,635
2013 $112,300 $3,515
2012 $109,400 $3,433
2011 $109,400 $3,361
2010 $116,500 $3,580
2009 $145,400 $3,844
2008 $144,800 $2,757
2007 $159,100 $2,695

Property facts

Year built
1990
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,621 sqft
Lot size
109,771 sqft
ZIP code
48348
City
Independence
Street
Ridge Trl
Coordinates
42.78893, -83.36806

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,932
Gross rental yield
8.58%
Implied cap rate
5.58%
Trend-extrapolated value

Frequently asked questions

When did 5404 Ridge Trl last sell?
5404 Ridge Trl most recently sold on Jul 1, 2022 for $550,000.
What is the current tax assessment for 5404 Ridge Trl?
The most recent total assessment for 5404 Ridge Trl (year 2021) is $192,100 with $3,055 in property tax.
How does 5404 Ridge Trl's assessment compare to its last sale price?
The current assessment is 65.1% below the last sale price of $550,000.
When was 5404 Ridge Trl built?
5404 Ridge Trl was built in 1990.
How does 5404 Ridge Trl compare to others on Ridge Trl?
We track 8 other properties on Ridge Trl. Browse the list under "Other properties on Ridge Trl" to compare beds, baths, and sale history.
What are the property facts for 5404 Ridge Trl?
5404 Ridge Trl is a 4 bed, 3 bath, 2,621 sqft, 109,771 sqft lot single_family.
Is 5404 Ridge Trl a flip candidate?
No — 5404 Ridge Trl does not appear in our flips dataset.
Is 5404 Ridge Trl a tax-appeal candidate?
No — 5404 Ridge Trl 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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