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23861 Sherman St

Oak Park, MI 48237

3 bd 2 ba 1,222 sqft Built 1941 Lot 8,276 sqft single_family
Most recent sale
$274,000
Jun 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 12, 2023 Sold $274,000 Realcomp
May 15, 2023 Listed $264,900 Realcomp
Dec 15, 2022 Sold $243,000 Realcomp
Nov 4, 2022 Price changed $240,000 Realcomp
Nov 1, 2022 Listed $45,000 Realcomp
Oct 31, 2022 Listing removed Realcomp
Oct 13, 2022 Listing removed Realcomp
Oct 12, 2022 Listed $249,000 MLS #20221051373
Aug 26, 2022 Listed $255,000 MLS #20221035498
Aug 26, 2022 Listing removed Realcomp
Jul 30, 2022 Listed $50,000 MLS #20221020204
Dec 30, 2019 Sold $201,002 Public Record
Dec 13, 2019 Sold $201,002 Realcomp
Oct 1, 2014 Sold $50,000 Public Record
Aug 13, 2009 Sold $65,000 Public Record
Jul 29, 2009 Listing removed $56,430 Realcomp
Jun 6, 2009 Listed $56,430 MLS #29076050
Oct 27, 2004 Sold $197,500 Public Record
Oct 23, 1992 Sold $66,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $81,800 $5,134
2020 $80,700 $4,838
2019 $70,000 $2,347
2018 $62,000 $2,316
2017 $58,200 $2,292
2016 $50,900 $2,304
2015 $45,000 $2,278
2014 $37,600 $2,228
2013 $35,600 $2,170
2012 $41,900 $2,328
2011 $43,300 $2,210
2010 $52,400 $2,530
2009 $69,200 $3,353
2008 $81,500 $3,771
2007 $84,700 $3,924

Property facts

Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,222 sqft
Lot size
8,276 sqft
ZIP code
48237
City
Oak Park
Street
Sherman St
Coordinates
42.46731, -83.15647

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,833
Gross rental yield
8.03%
Implied cap rate
5.22%
Trend-extrapolated value

Frequently asked questions

When did 23861 Sherman St last sell?
23861 Sherman St most recently sold on Jun 12, 2023 for $274,000.
What is the current tax assessment for 23861 Sherman St?
The most recent total assessment for 23861 Sherman St (year 2021) is $81,800 with $5,134 in property tax.
How does 23861 Sherman St's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $274,000.
When was 23861 Sherman St built?
23861 Sherman St was built in 1941.
How does 23861 Sherman St compare to others on Sherman St?
We track 8 other properties on Sherman St. Browse the list under "Other properties on Sherman St" to compare beds, baths, and sale history.
What are the property facts for 23861 Sherman St?
23861 Sherman St is a 3 bed, 2 bath, 1,222 sqft, 8,276 sqft lot single_family.
Is 23861 Sherman St a flip candidate?
No — 23861 Sherman St does not appear in our flips dataset.
Is 23861 Sherman St a tax-appeal candidate?
No — 23861 Sherman St 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
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$250.7K
2026 Q4
$254.8K
ZIP 48237 — Median Price History + Forecast

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