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1042 Oakridge Ave

Royal Oak, MI 48067

3 bd 2 ba 1,654 sqft Built 1940 Lot 6,970 sqft single_family
Most recent sale
$300,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $300,000 Public Record
Sep 16, 2022 Sold $300,000 Realcomp
Aug 15, 2022 Price changed $324,900 MLS #20221019160
Jul 15, 2022 Listed $345,000 MLS #20221019160
Aug 1, 1976 Sold $41,000 Public Record
Apr 1, 1971 Sold $31,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $131,000 $3,020
2020 $121,940 $3,843
2019 $119,200 $3,774
2018 $111,110 $3,779
2017 $109,570 $3,632
2016 $110,690 $3,678
2015 $107,080 $3,667
2014 $102,030 $3,643
2013 $92,860 $3,343
2012 $88,450 $3,268
2011 $90,650 $2,886
2010 $93,770 $2,837
2009 $118,690 $2,813
2008 $126,310 $2,592

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,654 sqft
Lot size
6,970 sqft
ZIP code
48067
City
Royal Oak
Street
Oakridge Ave
Coordinates
42.49803, -83.16172

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
$2,481
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 1042 Oakridge Ave last sell?
1042 Oakridge Ave most recently sold on Sep 22, 2022 for $300,000.
What is the current tax assessment for 1042 Oakridge Ave?
The most recent total assessment for 1042 Oakridge Ave (year 2021) is $131,000 with $3,020 in property tax.
How does 1042 Oakridge Ave's assessment compare to its last sale price?
The current assessment is 56.3% below the last sale price of $300,000.
When was 1042 Oakridge Ave built?
1042 Oakridge Ave was built in 1940.
How does 1042 Oakridge Ave compare to others on Oakridge Ave?
We track 3 other properties on Oakridge Ave. Browse the list under "Other properties on Oakridge Ave" to compare beds, baths, and sale history.
What are the property facts for 1042 Oakridge Ave?
1042 Oakridge Ave is a 3 bed, 2 bath, 1,654 sqft, 6,970 sqft lot single_family.
Is 1042 Oakridge Ave a flip candidate?
No — 1042 Oakridge Ave does not appear in our flips dataset.
Is 1042 Oakridge Ave a tax-appeal candidate?
No — 1042 Oakridge 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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