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1179 Terra Ln

Rochester, MI 48306

4 bd 4 ba 3,192 sqft Built 2002 Lot 9,148 sqft single_family
Most recent sale
$612,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $612,000 Public Record
Jun 24, 2022 Sold $612,000 Realcomp
Jun 1, 2022 Price changed $618,000 MLS #2220037670
May 17, 2022 Listed $648,800 MLS #2220037670
Dec 26, 2002 Sold $480,448 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $263,430 $5,918
2020 $254,310 $6,681
2019 $247,400 $6,612
2018 $239,070 $6,603
2017 $237,460 $6,474
2016 $228,660 $6,268
2015 $216,760 $6,322
2014 $201,530 $6,280
2013 $181,670 $6,307
2012 $174,110 $6,159
2011 $170,420 $5,994
2010 $169,400 $5,959
2009 $193,190 $6,499
2008 $205,970 $6,274
2007 $226,370 $7,102

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,192 sqft
Lot size
9,148 sqft
ZIP code
48306
City
Rochester
Street
Terra Ln
Coordinates
42.69724, -83.10671

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,788
Gross rental yield
9.39%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 1179 Terra Ln last sell?
1179 Terra Ln most recently sold on Jul 1, 2022 for $612,000.
What is the current tax assessment for 1179 Terra Ln?
The most recent total assessment for 1179 Terra Ln (year 2021) is $263,430 with $5,918 in property tax.
How does 1179 Terra Ln's assessment compare to its last sale price?
The current assessment is 57.0% below the last sale price of $612,000.
When was 1179 Terra Ln built?
1179 Terra Ln was built in 2002.
How does 1179 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 1179 Terra Ln?
1179 Terra Ln is a 4 bed, 4 bath, 3,192 sqft, 9,148 sqft lot single_family.
Is 1179 Terra Ln a flip candidate?
No — 1179 Terra Ln does not appear in our flips dataset.
Is 1179 Terra Ln a tax-appeal candidate?
No — 1179 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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