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1620 Balsam Way

Milford, MI 48381

5 bd 5 ba 3,302 sqft Built 1992 Lot 102,802 sqft single_family
Most recent sale
$729,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $729,000 Public Record
May 25, 2022 Sold $729,000 Realcomp
Apr 19, 2022 Listed $729,000 MLS #2220027524
Oct 29, 2003 Sold $646,000 Public Record
Jan 27, 2000 Sold $480,000 Public Record
Sep 23, 1992 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $471,230 $9,563
2023 $393,360 $13,632
2022 $333,650 $7,453
2021 $321,750 $4,658
2020 $305,420 $6,550
2019 $293,370 $6,436
2018 $278,570 $6,348
2017 $277,740 $6,184
2016 $264,290 $6,147
2015 $254,050 $6,174
2014 $230,660 $6,110
2013 $189,610 $6,035
2012 $178,260 $5,889
2011 $181,500 $5,961
2010 $194,720 $6,350
2009 $273,450 $8,625
2008 $299,110 $6,907
2007 $307,810 $6,870

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,302 sqft
Lot size
102,802 sqft
ZIP code
48381
City
Milford
Street
Balsam Way
Coordinates
42.54463, -83.62365

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,953
Gross rental yield
8.15%
Implied cap rate
5.30%
Trend-extrapolated value

Frequently asked questions

When did 1620 Balsam Way last sell?
1620 Balsam Way most recently sold on Jun 8, 2022 for $729,000.
What is the current tax assessment for 1620 Balsam Way?
The most recent total assessment for 1620 Balsam Way (year 2025) is $471,230 with $9,563 in property tax.
How does 1620 Balsam Way's assessment compare to its last sale price?
The current assessment is 35.4% below the last sale price of $729,000.
When was 1620 Balsam Way built?
1620 Balsam Way was built in 1992.
How does 1620 Balsam Way compare to others on Balsam Way?
We track 4 other properties on Balsam Way. Browse the list under "Other properties on Balsam Way" to compare beds, baths, and sale history.
What are the property facts for 1620 Balsam Way?
1620 Balsam Way is a 5 bed, 5 bath, 3,302 sqft, 102,802 sqft lot single_family.
Is 1620 Balsam Way a flip candidate?
No — 1620 Balsam Way does not appear in our flips dataset.
Is 1620 Balsam Way a tax-appeal candidate?
No — 1620 Balsam Way 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
-4.3%
Implied 1-yr
-17.1%
2026 Q3
$307.3K
2026 Q4
$289.2K
ZIP 48381 — Median Price History + Forecast

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