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423 12 Mile Rd

Royal Oak, MI 48073

3 bd 3 ba 1,492 sqft Built 1927 Lot 6,098 sqft single_family
Most recent sale
$245,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $245,000 Public Record
Jun 2, 2022 Sold $245,000 Realcomp
Apr 29, 2022 Relisted $249,000 MLS #2220024229
Apr 21, 2022 Listed $249,000 MLS #2220024229
Nov 18, 2014 Sold $155,000 Public Record
Mar 29, 2012 Listing removed $1,450 Realcomp
Feb 27, 2012 Listed for rent $1,450 Realcomp
Oct 25, 2011 Listed $175,000 MLS #211112563
Sep 17, 1999 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,970 $3,150
2023 $99,750 $3,862
2022 $94,540 $2,725
2021 $88,130 $2,196
2020 $84,390 $2,793
2019 $79,200 $2,744
2018 $74,180 $2,747
2017 $70,020 $2,640
2016 $67,130 $2,674
2015 $63,080 $2,666
2014 $58,260 $3,043
2013 $53,440 $2,040
2012 $50,110 $1,995
2011 $52,650 $1,900
2010 $53,690 $1,937
2009 $67,060 $2,392
2008 $71,480 $2,328
2007 $74,230 $2,289

Property facts

Year built
1927
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,492 sqft
Lot size
6,098 sqft
ZIP code
48073
City
Royal Oak
Street
12 Mile Rd
Coordinates
42.50393, -83.14926

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,238
Gross rental yield
10.96%
Implied cap rate
7.13%
Trend-extrapolated value

Frequently asked questions

When did 423 12 Mile Rd last sell?
423 12 Mile Rd most recently sold on Jun 10, 2022 for $245,000.
What is the current tax assessment for 423 12 Mile Rd?
The most recent total assessment for 423 12 Mile Rd (year 2025) is $115,970 with $3,150 in property tax.
How does 423 12 Mile Rd's assessment compare to its last sale price?
The current assessment is 52.7% below the last sale price of $245,000.
When was 423 12 Mile Rd built?
423 12 Mile Rd was built in 1927.
How does 423 12 Mile Rd compare to others on 12 Mile Rd?
We track 8 other properties on 12 Mile Rd. Browse the list under "Other properties on 12 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 423 12 Mile Rd?
423 12 Mile Rd is a 3 bed, 3 bath, 1,492 sqft, 6,098 sqft lot single_family.
Is 423 12 Mile Rd a flip candidate?
No — 423 12 Mile Rd does not appear in our flips dataset.
Is 423 12 Mile Rd a tax-appeal candidate?
No — 423 12 Mile Rd 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
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$453.9K
2026 Q4
$453.9K
ZIP 48073 — Median Price History + Forecast

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