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18131 Margate Ave

Lathrup Village, MI 48076

3 bd 2 ba 1,685 sqft Built 1971 Lot 10,019 sqft single_family
Most recent sale
$290,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $290,000 Public Record
Jun 15, 2022 Sold $290,000 Realcomp
Apr 27, 2022 Listed $290,000 MLS #2220030440
Dec 1, 2020 Sold $238,000 Public Record
Nov 4, 2020 Sold $238,000 Realcomp
May 27, 2020 Price changed $225,000 MLS #2200033010
May 16, 2020 Listed $248,500 MLS #2200033010
Feb 10, 2020 Price changed $179,900 MLS #2200003100
Jan 17, 2020 Listed $189,900 MLS #2200003100
Sep 4, 2013 Listing removed $154,500 Realcomp
Sep 3, 2013 Listing removed $110,000 Realcomp
Aug 23, 2010 Listing removed $65,800 Realcomp
Aug 17, 2010 Listed $65,800 MLS #210095939
Jun 22, 2009 Sold $60,000 Public Record
May 7, 2009 Listing removed $56,000 MiRealSource
Apr 23, 2009 Listed $56,000 MLS #29055176
Apr 22, 2009 Listed $56,000 MLS #30704707
Feb 1, 2008 Listed $110,000 MLS #28020843
Sep 5, 2006 Sold $152,500 Public Record
Mar 27, 2006 Listed $154,500 MLS #26048671
Jan 14, 2003 Sold $195,000 Public Record
May 1, 1989 Sold $78,000 Public Record
Sep 1, 1986 Sold $69,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $112,380 $5,478
2020 $101,550 $4,178
2019 $94,080 $3,160
2018 $86,150 $3,231
2017 $80,610 $3,190
2016 $72,850 $3,189
2015 $61,520 $3,170
2014 $53,510 $3,145
2013 $51,390 $3,060
2012 $55,070 $3,163
2011 $58,870 $3,360
2010 $61,700 $3,635
2009 $81,670 $5,399
2008 $97,660 $4,320

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,685 sqft
Lot size
10,019 sqft
ZIP code
48076
City
Lathrup Village
Street
Margate Ave
Coordinates
42.48249, -83.22257

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,528
Gross rental yield
10.46%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 18131 Margate Ave last sell?
18131 Margate Ave most recently sold on Jun 30, 2022 for $290,000.
What is the current tax assessment for 18131 Margate Ave?
The most recent total assessment for 18131 Margate Ave (year 2021) is $112,380 with $5,478 in property tax.
How does 18131 Margate Ave's assessment compare to its last sale price?
The current assessment is 61.2% below the last sale price of $290,000.
When was 18131 Margate Ave built?
18131 Margate Ave was built in 1971.
How does 18131 Margate Ave compare to others on Margate Ave?
We track 1 other property on Margate Ave. Browse the list under "Other properties on Margate Ave" to compare beds, baths, and sale history.
What are the property facts for 18131 Margate Ave?
18131 Margate Ave is a 3 bed, 2 bath, 1,685 sqft, 10,019 sqft lot single_family.
Is 18131 Margate Ave a flip candidate?
Yes — 18131 Margate Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 18131 Margate Ave a tax-appeal candidate?
No — 18131 Margate Ave 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
+2.0%
Implied 1-yr
+8.0%
2026 Q2
$274.9K
2026 Q3
$279.8K
ZIP 48076 — Median Price History + Forecast

Explore nearby

Other properties on Margate Ave