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38115 Richland St

Livonia, MI 48150

3 bd 2 ba 1,311 sqft Built 1962 Lot 6,534 sqft single_family
Most recent sale
$283,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2023 Sold $295,000 Realcomp
Jul 8, 2023 Price changed $299,990 Realcomp
Jun 30, 2023 Listed $314,900 Realcomp
Jun 22, 2023 Listed $314,900 Realcomp
May 26, 2022 Sold $283,000 Public Record
May 24, 2022 Sold $283,000 Realcomp
Apr 19, 2022 Price changed $295,000 MLS #2220026450
Apr 15, 2022 Listed $299,000 MLS #2220026450
Oct 7, 2014 Sold $147,200 Public Record
Nov 5, 2004 Sold $141,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,700 $3,084
2024 $145,700 $5,531
2023 $124,600 $5,087
2022 $113,800 $3,589
2021 $108,300 $1,890
2020 $103,500 $3,447
2019 $98,800 $3,345
2018 $89,200 $3,271
2017 $84,500 $3,240
2016 $81,310 $3,216
2015 $77,860 $3,132
2014 $67,000 $2,993
2013 $60,940 $3,891
2012 $59,990 $4,596
2011 $60,300 $3,270
2010 $64,490 $3,357
2009 $73,000 $3,764
2008 $97,490 $2,650
2007 $97,490 $2,650

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,311 sqft
Lot size
6,534 sqft
ZIP code
48150
City
Livonia
Street
Richland St
Coordinates
42.36105, -83.41836

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,967
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 38115 Richland St last sell?
38115 Richland St most recently sold on May 26, 2022 for $283,000.
What is the current tax assessment for 38115 Richland St?
The most recent total assessment for 38115 Richland St (year 2025) is $145,700 with $3,084 in property tax.
How does 38115 Richland St's assessment compare to its last sale price?
The current assessment is 48.5% below the last sale price of $283,000.
When was 38115 Richland St built?
38115 Richland St was built in 1962.
How does 38115 Richland St compare to others on Richland St?
We track 8 other properties on Richland St. Browse the list under "Other properties on Richland St" to compare beds, baths, and sale history.
What are the property facts for 38115 Richland St?
38115 Richland St is a 3 bed, 2 bath, 1,311 sqft, 6,534 sqft lot single_family.
Is 38115 Richland St a flip candidate?
No — 38115 Richland St does not appear in our flips dataset.
Is 38115 Richland St a tax-appeal candidate?
No — 38115 Richland St 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
+1.1%
Implied 1-yr
+4.3%
2026 Q2
$283.5K
2026 Q3
$286.4K
ZIP 48150 — Median Price History + Forecast

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