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18874 Lexington

Redford, MI 48240

3 bd 1 ba 931 sqft Built 1955 Lot 6,534 sqft single_family
Most recent sale
$160,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $160,000 Public Record
Jun 21, 2022 Sold $160,000 Realcomp
May 5, 2022 Listed $149,900 MLS #2220033327
Aug 5, 2014 Sold $54,000 Public Record
May 20, 2014 Listing removed $41,750 Realcomp
May 14, 2014 Listed $41,750 MLS #214044561
Feb 1, 2002 Sold $130,000 Public Record
Jul 16, 1996 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $51,700 $1,322
2020 $46,900 $2,501
2019 $39,300 $2,448
2018 $33,800 $2,266
2017 $31,700 $2,401
2016 $29,300 $2,522
2015 $26,900 $2,167
2014 $24,200 $1,458
2013 $24,500 $1,505
2012 $28,800 $1,594
2011 $34,400 $1,704
2010 $42,000 $1,912
2009 $50,500 $2,170
2008 $61,000 $1,315
2007 $62,700 $1,352

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
931 sqft
Lot size
6,534 sqft
ZIP code
48240
City
Redford
Street
Lexington
Coordinates
42.42750, -83.30528

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,397
Gross rental yield
10.48%
Implied cap rate
6.81%
Trend-extrapolated value

Frequently asked questions

When did 18874 Lexington last sell?
18874 Lexington most recently sold on Jun 23, 2022 for $160,000.
What is the current tax assessment for 18874 Lexington?
The most recent total assessment for 18874 Lexington (year 2021) is $51,700 with $1,322 in property tax.
How does 18874 Lexington's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $160,000.
When was 18874 Lexington built?
18874 Lexington was built in 1955.
How does 18874 Lexington compare to others on Lexington?
We track 8 other properties on Lexington. Browse the list under "Other properties on Lexington" to compare beds, baths, and sale history.
What are the property facts for 18874 Lexington?
18874 Lexington is a 3 bed, 1 bath, 931 sqft, 6,534 sqft lot single_family.
Is 18874 Lexington a flip candidate?
No — 18874 Lexington does not appear in our flips dataset.
Is 18874 Lexington a tax-appeal candidate?
No — 18874 Lexington 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
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$178.5K
2026 Q4
$183.8K
ZIP 48240 — Median Price History + Forecast

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