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1503 11 Mile Rd

Madison Heights, MI 48071

3 bd 3 ba 1,630 sqft Built 2018 Lot 5,227 sqft single_family
Most recent sale
$260,000
Jan 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Price changed $320,000 MLS #20221044530
Sep 22, 2022 Listed $325,000 MLS #20221044530
Jan 7, 2021 Sold $260,000 Public Record
Jan 4, 2021 Sold $260,000 Realcomp
Sep 19, 2018 Listing removed $269,900 MiRealSource
Aug 8, 2018 Listed $269,900 MLS #218075363
Mar 16, 2010 Listing removed $7,500 MiRealSource
Feb 13, 2010 Price changed $7,500 MLS #30695235
Jan 26, 2010 Listing removed $24,211 MiRealSource
Nov 17, 2009 Relisted $24,211 MLS #30681932
Mar 13, 2009 Listed $9,211 MLS #30695235
Feb 24, 2009 Listing removed $24,211 MiRealSource
Jan 22, 2009 Listing removed $24,211 MiRealSource
Jan 21, 2009 Listed $24,211 MLS #30681932
Sep 29, 2008 Listed $24,211 MLS #30649611
May 12, 2008 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $120,060 $5,204
2020 $55,640 $3,828
2019 $34,130 $2,527
2018 $5,430 $352
2017 $5,170 $343
2016 $5,170 $329
2015 $4,970 $329
2014 $4,970 $329
2013 $4,970 $327
2012 $6,310 $412
2011 $7,870 $508
2010 $8,740 $537
2009 $13,590 $794
2008 $15,540 $908

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,630 sqft
Lot size
5,227 sqft
ZIP code
48071
City
Madison Heights
Street
11 Mile Rd
Coordinates
42.49109, -83.08989

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,445
Gross rental yield
11.28%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 1503 11 Mile Rd last sell?
1503 11 Mile Rd most recently sold on Jan 7, 2021 for $260,000.
What is the current tax assessment for 1503 11 Mile Rd?
The most recent total assessment for 1503 11 Mile Rd (year 2021) is $120,060 with $5,204 in property tax.
How does 1503 11 Mile Rd's assessment compare to its last sale price?
The current assessment is 53.8% below the last sale price of $260,000.
When was 1503 11 Mile Rd built?
1503 11 Mile Rd was built in 2018.
How does 1503 11 Mile Rd compare to others on 11 Mile Rd?
We track 1 other property on 11 Mile Rd. Browse the list under "Other properties on 11 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 1503 11 Mile Rd?
1503 11 Mile Rd is a 3 bed, 3 bath, 1,630 sqft, 5,227 sqft lot single_family.
Is 1503 11 Mile Rd a flip candidate?
No — 1503 11 Mile Rd does not appear in our flips dataset.
Is 1503 11 Mile Rd a tax-appeal candidate?
No — 1503 11 Mile 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
+2.2%
Implied 1-yr
+8.6%
2026 Q3
$241.2K
2026 Q4
$245.8K
ZIP 48071 — Median Price History + Forecast

Explore nearby

Other properties on 11 Mile Rd