38549 Southfarm Ln
Northville, MI 48167
4 bd 3 ba 2,454 sqft Built 1958 Lot 20,038 sqft single_family
Most recent sale
$458,000
Jan 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 13, 2023 | Sold | $458,000 | Realcomp |
| Nov 2, 2022 | Price changed | $461,900 | Realcomp |
| Oct 25, 2022 | Price changed | $465,000 | Realcomp |
| Oct 18, 2022 | Price changed | $485,000 | Realcomp |
| Oct 12, 2022 | Listed | $499,900 | Realcomp |
| May 18, 2021 | Sold | $424,160 | Realcomp |
| Apr 16, 2021 | Listed | $425,000 | Realcomp |
| Apr 12, 2001 | Sold | $230,000 | Public Record |
| Aug 14, 2000 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $172,780 | $4,835 |
| 2020 | — | — | $164,580 | $4,899 |
| 2019 | — | — | $164,580 | $4,867 |
| 2018 | — | — | $149,180 | $4,541 |
| 2017 | — | — | $148,130 | $4,473 |
| 2016 | — | — | $139,600 | $4,480 |
| 2015 | — | — | $122,390 | $4,512 |
| 2014 | — | — | $101,720 | $4,191 |
| 2013 | — | — | $94,360 | $4,205 |
| 2012 | — | — | $97,980 | $4,400 |
| 2011 | — | — | $115,340 | $4,821 |
| 2010 | — | — | $118,610 | $4,840 |
| 2009 | — | — | $133,960 | $5,154 |
| 2008 | — | — | $158,330 | $4,909 |
| 2007 | — | — | $166,870 | $5,215 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,454 sqft
Lot size
20,038 sqft
ZIP code
48167
City
Northville
Street
Southfarm Ln
Coordinates
42.44010, -83.42489
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,681
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value
—
Frequently asked questions
When did 38549 Southfarm Ln last sell?
38549 Southfarm Ln most recently sold on Jan 13, 2023 for $458,000.
What is the current tax assessment for 38549 Southfarm Ln?
The most recent total assessment for 38549 Southfarm Ln (year 2021) is $172,780 with $4,835 in property tax.
How does 38549 Southfarm Ln's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $458,000.
When was 38549 Southfarm Ln built?
38549 Southfarm Ln was built in 1958.
How does 38549 Southfarm Ln compare to others on Southfarm Ln?
We track 4 other properties on Southfarm Ln. Browse the list under "Other properties on Southfarm Ln" to compare beds, baths, and sale history.
What are the property facts for 38549 Southfarm Ln?
38549 Southfarm Ln is a 4 bed, 3 bath, 2,454 sqft, 20,038 sqft lot single_family.
Is 38549 Southfarm Ln a flip candidate?
No — 38549 Southfarm Ln does not appear in our flips dataset.
Is 38549 Southfarm Ln a tax-appeal candidate?
No — 38549 Southfarm Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.5%
2026 Q2
$914.7K
2026 Q3
$938.5K
ZIP 48167 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Southfarm Ln