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25564 Portico Ln

Novi, MI 48375

2 bd 2 ba 1,350 sqft Built 2006 condos
Most recent sale
$260,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2023 Listed for rent $2,200 Zumper
Apr 24, 2023 Listed for rent $2,200 TurboTenant
Aug 24, 2022 Sold $260,000 Public Record
Aug 23, 2022 Listing removed $2,200 Realcomp
Aug 22, 2022 Listing removed $2,200 Realcomp
Aug 5, 2022 Listed for rent $2,200 Realcomp
Aug 1, 2022 Sold $260,000 Realcomp
Jun 20, 2022 Price changed $274,900 MLS #2220035386
May 28, 2022 Listed $299,500 MLS #2220035386
Feb 16, 2006 Sold $255,370 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $110,650 $2,430
2020 $104,800 $3,363
2019 $96,700 $3,306
2018 $93,000 $3,244
2017 $90,650 $3,195
2016 $85,400 $3,178
2015 $79,750 $3,048
2014 $66,950 $3,008
2013 $55,650 $2,960
2012 $55,200 $2,937
2011 $56,300 $2,996
2010 $60,200 $3,167
2009 $95,600 $3,501
2008 $101,300 $3,107

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,350 sqft
Lot size
ZIP code
48375
City
Novi
Street
Portico Ln
Coordinates
42.47797, -83.45940

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
$2,025
Gross rental yield
9.35%
Implied cap rate
6.08%
Trend-extrapolated value

Frequently asked questions

When did 25564 Portico Ln last sell?
25564 Portico Ln most recently sold on Aug 24, 2022 for $260,000.
What is the current tax assessment for 25564 Portico Ln?
The most recent total assessment for 25564 Portico Ln (year 2021) is $110,650 with $2,430 in property tax.
How does 25564 Portico Ln's assessment compare to its last sale price?
The current assessment is 57.4% below the last sale price of $260,000.
When was 25564 Portico Ln built?
25564 Portico Ln was built in 2006.
How does 25564 Portico Ln compare to others on Portico Ln?
We track 8 other properties on Portico Ln. Browse the list under "Other properties on Portico Ln" to compare beds, baths, and sale history.
What are the property facts for 25564 Portico Ln?
25564 Portico Ln is a 2 bed, 2 bath, 1,350 sqft condos.
Is 25564 Portico Ln a flip candidate?
No — 25564 Portico Ln does not appear in our flips dataset.
Is 25564 Portico Ln a tax-appeal candidate?
No — 25564 Portico Ln 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$626.3K
2026 Q4
$626.3K
ZIP 48375 — Median Price History + Forecast

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