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5641 Territorial Rd

Salem, MI 48105

4 bd 3 ba 2,954 sqft Built 1989 Lot 223,463 sqft single_family
Most recent sale
$660,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $660,000 Public Record
Sep 13, 2022 Sold $660,000 Realcomp
Sep 5, 2022 Listing removed $735,000 AnnArbor
Aug 3, 2022 Listed $670,000 MLS #20221026864
Jul 16, 2022 Listed $685,000 MLS #20221018611
May 19, 2022 Listed $735,000 MLS #3288155
Jul 22, 2010 Sold $237,500 Public Record
Apr 27, 1998 Sold $82,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $254,500 $4,718
2020 $239,700 $5,219
2019 $237,800 $519
2018 $223,100 $5,202
2017 $218,700 $5,113
2016 $188,150 $5,196
2015 $186,500 $5,275
2013 $185,900 $5,118
2012 $172,900 $5,015
2011 $176,700 $5,134
2010 $160,800 $7,502

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,954 sqft
Lot size
223,463 sqft
ZIP code
48105
City
Salem
Street
Territorial Rd
Coordinates
42.36596, -83.64984

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,431
Gross rental yield
8.06%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 5641 Territorial Rd last sell?
5641 Territorial Rd most recently sold on Oct 4, 2022 for $660,000.
What is the current tax assessment for 5641 Territorial Rd?
The most recent total assessment for 5641 Territorial Rd (year 2021) is $254,500 with $4,718 in property tax.
How does 5641 Territorial Rd's assessment compare to its last sale price?
The current assessment is 61.4% below the last sale price of $660,000.
When was 5641 Territorial Rd built?
5641 Territorial Rd was built in 1989.
How does 5641 Territorial Rd compare to others on Territorial Rd?
We track 8 other properties on Territorial Rd. Browse the list under "Other properties on Territorial Rd" to compare beds, baths, and sale history.
What are the property facts for 5641 Territorial Rd?
5641 Territorial Rd is a 4 bed, 3 bath, 2,954 sqft, 223,463 sqft lot single_family.
Is 5641 Territorial Rd a flip candidate?
No — 5641 Territorial Rd does not appear in our flips dataset.
Is 5641 Territorial Rd a tax-appeal candidate?
No — 5641 Territorial 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$697.9K
2026 Q4
$707.8K
ZIP 48105 — Median Price History + Forecast

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