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24581 Picara Dr

Novi, MI 48374

4 bd 3 ba 2,724 sqft Built 1989 Lot 10,019 sqft single_family
Most recent sale
$547,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $547,000 Public Record
Jul 28, 2022 Sold $547,000 Realcomp
Jun 28, 2022 Listed $539,900 MLS #20221010857
Jul 20, 2001 Sold $340,000 Public Record
Dec 28, 1989 Sold $198,375 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $205,050 $4,376
2020 $191,250 $5,346
2019 $185,450 $5,290
2018 $179,550 $5,156
2017 $177,450 $5,070
2016 $166,950 $5,052
2015 $164,600 $4,930
2014 $144,750 $4,880
2013 $125,500 $4,823
2012 $123,200 $4,735
2011 $125,950 $4,858
2010 $131,850 $4,975
2009 $142,050 $5,202
2008 $147,850 $4,535

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,724 sqft
Lot size
10,019 sqft
ZIP code
48374
City
Novi
Street
Picara Dr
Coordinates
42.46959, -83.50660

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,086
Gross rental yield
8.96%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 24581 Picara Dr last sell?
24581 Picara Dr most recently sold on Aug 4, 2022 for $547,000.
What is the current tax assessment for 24581 Picara Dr?
The most recent total assessment for 24581 Picara Dr (year 2021) is $205,050 with $4,376 in property tax.
How does 24581 Picara Dr's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $547,000.
When was 24581 Picara Dr built?
24581 Picara Dr was built in 1989.
How does 24581 Picara Dr compare to others on Picara Dr?
We track 5 other properties on Picara Dr. Browse the list under "Other properties on Picara Dr" to compare beds, baths, and sale history.
What are the property facts for 24581 Picara Dr?
24581 Picara Dr is a 4 bed, 3 bath, 2,724 sqft, 10,019 sqft lot single_family.
Is 24581 Picara Dr a flip candidate?
No — 24581 Picara Dr does not appear in our flips dataset.
Is 24581 Picara Dr a tax-appeal candidate?
No — 24581 Picara 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
-3.3%
2026 Q3
$590.8K
2026 Q4
$585.8K
ZIP 48374 — Median Price History + Forecast

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