5110 7 Mile Rd
Salem, MI 48178
3 bd 1 ba 960 sqft Built 1963 Lot 44,867 sqft single_family
Most recent sale
$253,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $253,000 | Public Record |
| Aug 17, 2022 | Sold | $253,000 | Realcomp |
| Jul 5, 2022 | Listed | $245,000 | MLS #20221011042 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $63,550 | $1,317 |
| 2020 | — | — | $59,750 | $1,456 |
| 2018 | — | — | $58,650 | $1,451 |
| 2017 | — | — | $58,300 | $1,427 |
| 2016 | — | — | $56,000 | $1,450 |
| 2015 | — | — | $51,000 | $1,472 |
| 2013 | — | — | $50,450 | $1,458 |
| 2012 | — | — | $58,050 | $1,628 |
| 2011 | — | — | $55,000 | $1,588 |
| 2010 | — | — | $53,750 | $1,540 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
44,867 sqft
ZIP code
48178
City
Salem
Street
7 Mile Rd
Coordinates
42.41717, -83.66221
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
6.83%
Implied cap rate
4.44%
Trend-extrapolated value
—
Frequently asked questions
When did 5110 7 Mile Rd last sell?
5110 7 Mile Rd most recently sold on Aug 29, 2022 for $253,000.
What is the current tax assessment for 5110 7 Mile Rd?
The most recent total assessment for 5110 7 Mile Rd (year 2021) is $63,550 with $1,317 in property tax.
How does 5110 7 Mile Rd's assessment compare to its last sale price?
The current assessment is 74.9% below the last sale price of $253,000.
When was 5110 7 Mile Rd built?
5110 7 Mile Rd was built in 1963.
How does 5110 7 Mile Rd compare to others on 7 Mile Rd?
We track 8 other properties on 7 Mile Rd. Browse the list under "Other properties on 7 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 5110 7 Mile Rd?
5110 7 Mile Rd is a 3 bed, 1 bath, 960 sqft, 44,867 sqft lot single_family.
Is 5110 7 Mile Rd a flip candidate?
No — 5110 7 Mile Rd does not appear in our flips dataset.
Is 5110 7 Mile Rd a tax-appeal candidate?
No — 5110 7 Mile Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$387.4K
2026 Q4
$369.8K
ZIP 48178 — Median Price History + Forecast
Explore nearby
Other properties on 7 Mile Rd