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12240 Oelke Rd

Maybee, MI 48159

3 bd 3 ba 2,400 sqft Built 2005 Lot 229,126 sqft single_family
Most recent sale
$500,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $500,000 MLS #50067704
Mar 10, 2022 Listed $499,900 MLS #50067704
Feb 28, 2020 Sold $375,000 MLS #50004725
Jul 25, 2019 Sold $337,500 MLS #3265283
May 28, 2019 Price changed $349,500 MLS #3265283
May 12, 2019 Listed $359,000 MLS #3265283
Apr 22, 2010 Sold $273,400 Public Record
Apr 19, 2010 Listing removed $299,900 Lenawee
Mar 23, 2010 Relisted $299,900 MLS #4181693
Mar 2, 2010 Listing removed $299,900 Lenawee
Feb 23, 2010 Listing removed $299,900 SEBorderAOR
May 7, 2009 Relisted $299,900 MLS #3422992
Apr 4, 2009 Listing removed $299,900 SEBorderAOR
Mar 5, 2009 Listing removed $309,900 SEBorderAOR
Jun 30, 2008 Listed $329,900 MLS #3422992
Jun 28, 2008 Listed $299,900 MLS #4181693

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,500 $2,797
2024 $270,500 $7,040
2023 $237,000 $6,542
2022 $203,200 $2,089
2021 $185,500 $2,023
2020 $170,700 $5,164
2019 $211,200 $3,739
2018 $173,100 $3,521
2017 $169,400 $3,202
2016 $156,300 $3,178
2015 $136,910 $3,159
2014 $121,930 $3,118
2013 $112,990 $3,069
2012 $110,750 $3,041
2011 $119,700 $3,323

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
229,126 sqft
ZIP code
48159
City
Maybee
Street
Oelke Rd
Coordinates
42.01004, -83.60883

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 12240 Oelke Rd last sell?
12240 Oelke Rd most recently sold on Apr 18, 2022 for $500,000.
What is the current tax assessment for 12240 Oelke Rd?
The most recent total assessment for 12240 Oelke Rd (year 2025) is $270,500 with $2,797 in property tax.
How does 12240 Oelke Rd's assessment compare to its last sale price?
The current assessment is 45.9% below the last sale price of $500,000.
When was 12240 Oelke Rd built?
12240 Oelke Rd was built in 2005.
How does 12240 Oelke Rd compare to others on Oelke Rd?
We track 8 other properties on Oelke Rd. Browse the list under "Other properties on Oelke Rd" to compare beds, baths, and sale history.
What are the property facts for 12240 Oelke Rd?
12240 Oelke Rd is a 3 bed, 3 bath, 2,400 sqft, 229,126 sqft lot single_family.
Is 12240 Oelke Rd a flip candidate?
No — 12240 Oelke Rd does not appear in our flips dataset.
Is 12240 Oelke Rd a tax-appeal candidate?
No — 12240 Oelke 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
-0.6%
Implied 1-yr
-2.4%
2025 Q4
$277.5K
2026 Q1
$277.5K
ZIP 48159 — Median Price History + Forecast

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