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418 Prospect St

Romeo Vlg, MI 48065

4 bd 2 ba 1,802 sqft Built 1880 Lot 12,632 sqft single_family
Most recent sale
$275,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2023 Sold $280,000 Realcomp
Apr 24, 2023 Listed $280,000 Realcomp
Sep 21, 2022 Sold $275,000 Public Record
Sep 15, 2022 Listing removed $275,000 MiRealSource
Jul 28, 2022 Price changed $275,000 MLS #50083900
Jul 25, 2022 Listed $274,900 MLS #50083900
Aug 12, 1996 Sold $154,900 Public Record
Jun 20, 1990 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $88,600 $2,250
2019 $86,100 $2,088
2017 $76,640 $1,237
2016 $67,500 $1,976
2015 $60,390 $1,994
2014 $50,740 $1,967
2013 $52,180 $1,891
2012 $48,190 $1,829
2011 $46,440 $1,760
2010 $48,670 $1,828
2009 $67,800 $2,205
2008 $75,300 $1,806

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,802 sqft
Lot size
12,632 sqft
ZIP code
48065
City
Romeo Vlg
Street
Prospect St
Coordinates
42.80865, -83.01774

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,703
Gross rental yield
11.79%
Implied cap rate
7.67%
Trend-extrapolated value

Frequently asked questions

When did 418 Prospect St last sell?
418 Prospect St most recently sold on Sep 21, 2022 for $275,000.
What is the current tax assessment for 418 Prospect St?
The most recent total assessment for 418 Prospect St (year 2020) is $88,600 with $2,250 in property tax.
How does 418 Prospect St's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $275,000.
When was 418 Prospect St built?
418 Prospect St was built in 1880.
How does 418 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 418 Prospect St?
418 Prospect St is a 4 bed, 2 bath, 1,802 sqft, 12,632 sqft lot single_family.
Is 418 Prospect St a flip candidate?
No — 418 Prospect St does not appear in our flips dataset.
Is 418 Prospect St a tax-appeal candidate?
No — 418 Prospect St 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$480.5K
2026 Q4
$491.7K
ZIP 48065 — Median Price History + Forecast

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