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318 Connecticut Ave

Royal Oak, MI 48067

3 bd 3 ba 2,002 sqft Built 1929 Lot 6,534 sqft single_family
Most recent sale
$515,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $515,000 Public Record
Jul 15, 2022 Listed $499,000 MLS #20221018739
May 21, 2021 Listed $500,000 MLS #2210034801
Mar 6, 2001 Sold $169,000 Public Record
Jan 21, 1999 Sold $155,000 Public Record
Jun 6, 1991 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $198,720 $6,780
2020 $149,680 $5,122
2019 $91,710 $2,814
2018 $86,590 $2,836
2017 $88,790 $2,727
2016 $78,600 $2,762
2015 $74,310 $2,754
2014 $65,720 $2,737
2013 $63,420 $2,493
2012 $61,220 $2,437
2011 $61,800 $2,231
2010 $63,010 $2,274
2009 $73,380 $2,618
2008 $76,860 $2,638

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,002 sqft
Lot size
6,534 sqft
ZIP code
48067
City
Royal Oak
Street
Connecticut Ave
Coordinates
42.48797, -83.12719

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
$3,003
Gross rental yield
7.00%
Implied cap rate
4.55%
Trend-extrapolated value

Frequently asked questions

When did 318 Connecticut Ave last sell?
318 Connecticut Ave most recently sold on Aug 24, 2022 for $515,000.
What is the current tax assessment for 318 Connecticut Ave?
The most recent total assessment for 318 Connecticut Ave (year 2021) is $198,720 with $6,780 in property tax.
How does 318 Connecticut Ave's assessment compare to its last sale price?
The current assessment is 61.4% below the last sale price of $515,000.
When was 318 Connecticut Ave built?
318 Connecticut Ave was built in 1929.
How does 318 Connecticut Ave compare to others on Connecticut Ave?
We track 8 other properties on Connecticut Ave. Browse the list under "Other properties on Connecticut Ave" to compare beds, baths, and sale history.
What are the property facts for 318 Connecticut Ave?
318 Connecticut Ave is a 3 bed, 3 bath, 2,002 sqft, 6,534 sqft lot single_family.
Is 318 Connecticut Ave a flip candidate?
No — 318 Connecticut Ave does not appear in our flips dataset.
Is 318 Connecticut Ave a tax-appeal candidate?
No — 318 Connecticut Ave 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
-0.8%
Implied 1-yr
-3.2%
2026 Q3
$410.2K
2026 Q4
$406.7K
ZIP 48067 — Median Price History + Forecast

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