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38688 Summit Dr

Romulus, MI 48174

3 bd 3 ba 1,875 sqft Built 2020 Lot 10,019 sqft single_family
Most recent sale
$390,000
Apr 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Sold $390,000 Realcomp
Mar 14, 2024 Listed $400,000 Realcomp
Nov 18, 2021 Sold $257,990 Public Record
Dec 1, 2020 Sold $257,990 Realcomp

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $125,700 $6,762
2021 $126,900 $8,923
2020 $2,500 $167
2019 $2,500 $157
2018 $2,500 $143
2017 $1,800 $144
2016 $1,800 $132
2015 $5,000 $274
2014 $5,000 $271
2013 $3,800 $231
2012 $4,300 $246
2011 $6,300 $232
2010 $7,500 $228
2009 $10,000 $228
2008 $23,800 $165
2007 $31,300 $403

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,875 sqft
Lot size
10,019 sqft
ZIP code
48174
City
Romulus
Street
Summit Dr
Coordinates
42.23973, -83.41781

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,813
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 38688 Summit Dr last sell?
38688 Summit Dr most recently sold on Apr 18, 2024 for $390,000.
What is the current tax assessment for 38688 Summit Dr?
The most recent total assessment for 38688 Summit Dr (year 2022) is $125,700 with $6,762 in property tax.
How does 38688 Summit Dr's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $390,000.
When was 38688 Summit Dr built?
38688 Summit Dr was built in 2020.
How does 38688 Summit Dr compare to others on Summit Dr?
We track 8 other properties on Summit Dr. Browse the list under "Other properties on Summit Dr" to compare beds, baths, and sale history.
What are the property facts for 38688 Summit Dr?
38688 Summit Dr is a 3 bed, 3 bath, 1,875 sqft, 10,019 sqft lot single_family.
Is 38688 Summit Dr a flip candidate?
No — 38688 Summit Dr does not appear in our flips dataset.
Is 38688 Summit Dr a tax-appeal candidate?
No — 38688 Summit Dr 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
+5.0%
Implied 1-yr
+19.8%
2026 Q3
$271.6K
2026 Q4
$281.7K
ZIP 48174 — Median Price History + Forecast

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