5271 Elmgate Dr
Orchard Lake Village, MI 48324
3 bd 4 ba 4,157 sqft Built 1961 Lot 40,946 sqft single_family
Most recent sale
$2,300,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $2,300,000 | Public Record |
| Aug 8, 2022 | Price changed | $2,490,000 | MLS #20221017401 |
| Jul 15, 2022 | Listed | $2,690,000 | MLS #20221017401 |
| Sep 28, 1995 | Sold | $895,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $1,011,980 | $21,812 |
| 2020 | — | — | $991,340 | $22,300 |
| 2019 | — | — | $954,230 | $22,149 |
| 2018 | — | — | $950,280 | $22,189 |
| 2017 | — | — | $944,660 | $21,347 |
| 2016 | — | — | $914,520 | $21,549 |
| 2015 | — | — | $837,030 | $21,515 |
| 2014 | — | — | $714,170 | $21,669 |
| 2013 | — | — | $575,000 | $21,210 |
| 2012 | — | — | $687,010 | $25,373 |
| 2011 | — | — | $659,430 | $25,718 |
| 2010 | — | — | $722,450 | $25,333 |
| 2009 | — | — | $851,350 | $23,569 |
| 2008 | — | — | $869,970 | $21,601 |
Property facts
Year built
1961
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
4,157 sqft
Lot size
40,946 sqft
ZIP code
48324
City
Orchard Lake Village
Street
Elmgate Dr
Coordinates
42.57971, -83.38699
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$13,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5271 Elmgate Dr last sell?
5271 Elmgate Dr most recently sold on Sep 29, 2022 for $2,300,000.
What is the current tax assessment for 5271 Elmgate Dr?
The most recent total assessment for 5271 Elmgate Dr (year 2021) is $1,011,980 with $21,812 in property tax.
How does 5271 Elmgate Dr's assessment compare to its last sale price?
The current assessment is 56.0% below the last sale price of $2,300,000.
When was 5271 Elmgate Dr built?
5271 Elmgate Dr was built in 1961.
How does 5271 Elmgate Dr compare to others on Elmgate Dr?
We do not currently track other properties on Elmgate Dr.
What are the property facts for 5271 Elmgate Dr?
5271 Elmgate Dr is a 3 bed, 4 bath, 4,157 sqft, 40,946 sqft lot single_family.
Is 5271 Elmgate Dr a flip candidate?
No — 5271 Elmgate Dr does not appear in our flips dataset.
Is 5271 Elmgate Dr a tax-appeal candidate?
No — 5271 Elmgate Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.6%
2026 Q3
$356.7K
2026 Q4
$341.2K
ZIP 48324 — Median Price History + Forecast
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