523 University Dr
Rochester, MI 48307
2 bd 2 ba 998 sqft Built 1966 condos
Most recent sale
$145,000
May 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2022 | Sold | $145,000 | Public Record |
| Apr 29, 2022 | Sold | $145,000 | Realcomp |
| Apr 15, 2022 | Listed | $139,000 | MLS #2220024319 |
| Jan 29, 1998 | Sold | $79,000 | Public Record |
| Mar 18, 1992 | Sold | $54,000 | Public Record |
| Mar 1, 1986 | Sold | $37,900 | Public Record |
| Jan 1, 1984 | Sold | $34,720 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $79,550 | $3,732 |
| 2023 | — | — | $67,720 | $3,653 |
| 2022 | — | — | $65,640 | $828 |
| 2021 | — | — | $60,870 | $719 |
| 2020 | — | — | $57,020 | $812 |
| 2019 | — | — | $53,180 | $804 |
| 2018 | — | — | $49,840 | $803 |
| 2017 | — | — | $46,920 | $788 |
| 2016 | — | — | $40,800 | $763 |
| 2015 | — | — | $33,880 | $770 |
| 2014 | — | — | $26,240 | $764 |
| 2013 | — | — | $21,710 | $768 |
| 2012 | — | — | $21,350 | $755 |
| 2011 | — | — | $30,860 | $1,086 |
| 2010 | — | — | $41,410 | $1,457 |
| 2009 | — | — | $45,130 | $1,439 |
| 2008 | — | — | $58,430 | $1,248 |
| 2007 | — | — | $59,150 | $1,256 |
Property facts
Year built
1966
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
998 sqft
Lot size
—
ZIP code
48307
City
Rochester
Street
University Dr
Coordinates
42.68353, -83.12885
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,497
Gross rental yield
12.39%
Implied cap rate
8.05%
Trend-extrapolated value
—
Frequently asked questions
When did 523 University Dr last sell?
523 University Dr most recently sold on May 10, 2022 for $145,000.
What is the current tax assessment for 523 University Dr?
The most recent total assessment for 523 University Dr (year 2025) is $79,550 with $3,732 in property tax.
How does 523 University Dr's assessment compare to its last sale price?
The current assessment is 45.1% below the last sale price of $145,000.
When was 523 University Dr built?
523 University Dr was built in 1966.
How does 523 University Dr compare to others on University Dr?
We track 8 other properties on University Dr. Browse the list under "Other properties on University Dr" to compare beds, baths, and sale history.
What are the property facts for 523 University Dr?
523 University Dr is a 2 bed, 2 bath, 998 sqft condos.
Is 523 University Dr a flip candidate?
No — 523 University Dr does not appear in our flips dataset.
Is 523 University Dr a tax-appeal candidate?
No — 523 University 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
+2.0%
Implied 1-yr
+8.0%
2026 Q2
$505.2K
2026 Q3
$514.1K
ZIP 48307 — Median Price History + Forecast
Explore nearby
Geography
Other properties on University Dr