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354 Riverbend Dr

Milan, MI 48160

2 bd 2 ba 960 sqft Built 1971 condos
Most recent sale
$130,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $130,000 MLS #3286589
Mar 14, 2022 Listed $129,900 MLS #3286589
Nov 20, 2020 Sold $108,000 MLS #3276783
Oct 21, 2020 Listed $112,500 MLS #3276783
Nov 2, 2010 Listing removed $69,000 AnnArbor
Oct 12, 2010 Listing removed $74,000 AnnArbor
Oct 5, 2010 Listed $69,000 MLS #3009020
Jul 29, 2010 Listed $74,000 MLS #3007112
May 11, 2010 Listing removed $80,000 AnnArbor
May 6, 2010 Listed $75,000 MLS #3004318
Apr 9, 2010 Listing removed $80,000 AnnArbor
Apr 9, 2010 Listed $80,000 MLS #3003304
Feb 13, 2010 Listing removed $68,000 SEBorderAOR
Jan 7, 2010 Listed $68,000 MLS #3416040
Mar 8, 2007 Sold $68,000 Public Record
Aug 5, 2004 Sold $109,500 Public Record
May 10, 2004 Sold $105,000 Public Record
Jul 19, 1994 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,700 $2,810
2024 $65,700 $3,120
2023 $59,700 $2,996
2022 $50,700 $2,312
2021 $44,500 $2,354
2020 $36,800 $1,127
2019 $35,400 $1,104
2018 $30,000 $1,114
2017 $19,400 $1,092
2016 $15,600 $1,079
2015 $15,100 $1,024
2014 $16,300 $1,028
2013 $31,100 $1,327
2012 $30,000 $1,312
2011 $30,700 $1,321

Property facts

Year built
1971
Property type
condos
Stories
Beds
2
Baths
2
Living area
960 sqft
Lot size
ZIP code
48160
City
Milan
Street
Riverbend Dr
Coordinates
42.08176, -83.69372

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
$1,440
Gross rental yield
13.29%
Implied cap rate
8.64%
Trend-extrapolated value

Frequently asked questions

When did 354 Riverbend Dr last sell?
354 Riverbend Dr most recently sold on May 6, 2022 for $130,000.
What is the current tax assessment for 354 Riverbend Dr?
The most recent total assessment for 354 Riverbend Dr (year 2025) is $65,700 with $2,810 in property tax.
How does 354 Riverbend Dr's assessment compare to its last sale price?
The current assessment is 49.5% below the last sale price of $130,000.
When was 354 Riverbend Dr built?
354 Riverbend Dr was built in 1971.
How does 354 Riverbend Dr compare to others on Riverbend Dr?
We track 8 other properties on Riverbend Dr. Browse the list under "Other properties on Riverbend Dr" to compare beds, baths, and sale history.
What are the property facts for 354 Riverbend Dr?
354 Riverbend Dr is a 2 bed, 2 bath, 960 sqft condos.
Is 354 Riverbend Dr a flip candidate?
Yes — 354 Riverbend Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 354 Riverbend Dr a tax-appeal candidate?
No — 354 Riverbend Dr 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
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$274.5K
2026 Q4
$272.3K
ZIP 48160 — Median Price History + Forecast

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