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5430 Babcock Rd

Lexington, MI 48450

2 bd 3 ba 1,480 sqft Built 2010 condos
Most recent sale
$295,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $295,000 Public Record
Jul 29, 2022 Sold $295,000 Realcomp
May 2, 2022 Listed $299,900 MLS #2220032014
Jun 3, 2020 Sold $220,000 Public Record
Mar 12, 2020 Listed $225,000 MLS #006-20-0013
Nov 10, 2015 Sold $181,000 Public Record
Nov 9, 2015 Listing removed $196,000 MiRealSource
Nov 5, 2015 Listing removed $196,000 RMLSmultilist
Aug 24, 2015 Listed $196,000 MLS #31259482
Aug 21, 2015 Listed $196,000 MLS #006-15-0083
Aug 14, 2015 Listing removed $198,900 MiRealSource
Jul 31, 2015 Price changed $198,900 MLS #31254502
Jul 24, 2015 Listed $209,900 MLS #31254502
Aug 1, 2014 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $111,100 $1,128
2020 $88,500 $1,626
2019 $83,600 $1,597
2018 $79,500 $1,559
2017 $79,100 $1,527
2016 $69,300 $1,479
2015 $66,100 $1,393
2014 $63,100 $1,058
2013 $61,100 $1,930
2012 $57,500 $1,885
2011 $61,700 $2,409
2010 $62,600 $2,454
2009 $66,900 $2,608
2007 $98,600 $1,000

Property facts

Year built
2010
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,480 sqft
Lot size
ZIP code
48450
City
Lexington
Street
Babcock Rd
Coordinates
43.26955, -82.55194

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,220
Gross rental yield
9.03%
Implied cap rate
5.87%
Trend-extrapolated value

Frequently asked questions

When did 5430 Babcock Rd last sell?
5430 Babcock Rd most recently sold on Aug 4, 2022 for $295,000.
What is the current tax assessment for 5430 Babcock Rd?
The most recent total assessment for 5430 Babcock Rd (year 2021) is $111,100 with $1,128 in property tax.
How does 5430 Babcock Rd's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $295,000.
When was 5430 Babcock Rd built?
5430 Babcock Rd was built in 2010.
How does 5430 Babcock Rd compare to others on Babcock Rd?
We track 8 other properties on Babcock Rd. Browse the list under "Other properties on Babcock Rd" to compare beds, baths, and sale history.
What are the property facts for 5430 Babcock Rd?
5430 Babcock Rd is a 2 bed, 3 bath, 1,480 sqft condos.
Is 5430 Babcock Rd a flip candidate?
No — 5430 Babcock Rd does not appear in our flips dataset.
Is 5430 Babcock Rd a tax-appeal candidate?
No — 5430 Babcock 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
-0.7%
Implied 1-yr
-2.9%
2026 Q2
$217.7K
2026 Q3
$216.1K
ZIP 48450 — Median Price History + Forecast

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