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1158 Terra Ln

Rochester, MI 48306

4 bd 4 ba 2,809 sqft Built 2002 Lot 10,890 sqft single_family
Most recent sale
$660,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $660,000 Public Record
Jun 23, 2022 Sold $660,000 Realcomp
Apr 27, 2022 Listed $669,000 MLS #2220029461
May 5, 2003 Sold $395,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $224,380 $5,134
2020 $216,090 $5,796
2019 $210,320 $5,736
2018 $205,950 $5,728
2017 $204,560 $5,616
2016 $197,100 $5,438
2015 $187,010 $5,485
2014 $174,120 $5,448
2013 $157,460 $5,472
2012 $151,040 $5,344
2011 $148,480 $5,223
2010 $148,180 $5,213
2009 $169,060 $5,688
2008 $180,610 $5,502

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,809 sqft
Lot size
10,890 sqft
ZIP code
48306
City
Rochester
Street
Terra Ln
Coordinates
42.69688, -83.10597

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,214
Gross rental yield
7.66%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 1158 Terra Ln last sell?
1158 Terra Ln most recently sold on Jun 28, 2022 for $660,000.
What is the current tax assessment for 1158 Terra Ln?
The most recent total assessment for 1158 Terra Ln (year 2021) is $224,380 with $5,134 in property tax.
How does 1158 Terra Ln's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $660,000.
When was 1158 Terra Ln built?
1158 Terra Ln was built in 2002.
How does 1158 Terra Ln compare to others on Terra Ln?
We track 4 other properties on Terra Ln. Browse the list under "Other properties on Terra Ln" to compare beds, baths, and sale history.
What are the property facts for 1158 Terra Ln?
1158 Terra Ln is a 4 bed, 4 bath, 2,809 sqft, 10,890 sqft lot single_family.
Is 1158 Terra Ln a flip candidate?
No — 1158 Terra Ln does not appear in our flips dataset.
Is 1158 Terra Ln a tax-appeal candidate?
No — 1158 Terra 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
+3.4%
Implied 1-yr
+13.7%
2026 Q3
$1.24M
2026 Q4
$1.27M
ZIP 48306 — Median Price History + Forecast

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