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5256 24 Mile Rd

Shelby Township, MI 48316

3 bd 2 ba 2,205 sqft Built 1961 Lot 50,094 sqft single_family
Most recent sale
$375,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $375,000 Public Record
Sep 17, 2022 Sold $375,000 Realcomp
Jul 1, 2022 Listed $429,900 MLS #20221013423
Apr 4, 2001 Sold $199,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $162,600 $3,335
2019 $148,600 $3,074
2017 $128,200 $2,983
2016 $127,150 $2,961
2015 $117,700 $2,966
2014 $103,950 $2,919
2013 $101,200 $2,834
2012 $94,320 $2,771
2011 $95,500 $2,787
2010 $100,230 $2,900
2009 $124,690 $3,576
2008 $136,250 $2,223

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,205 sqft
Lot size
50,094 sqft
ZIP code
48316
City
Shelby Township
Street
24 Mile Rd
Coordinates
42.68302, -83.06064

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,308
Gross rental yield
10.59%
Implied cap rate
6.88%
Trend-extrapolated value

Frequently asked questions

When did 5256 24 Mile Rd last sell?
5256 24 Mile Rd most recently sold on Sep 23, 2022 for $375,000.
What is the current tax assessment for 5256 24 Mile Rd?
The most recent total assessment for 5256 24 Mile Rd (year 2020) is $162,600 with $3,335 in property tax.
How does 5256 24 Mile Rd's assessment compare to its last sale price?
The current assessment is 56.6% below the last sale price of $375,000.
When was 5256 24 Mile Rd built?
5256 24 Mile Rd was built in 1961.
How does 5256 24 Mile Rd compare to others on 24 Mile Rd?
We track 8 other properties on 24 Mile Rd. Browse the list under "Other properties on 24 Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 5256 24 Mile Rd?
5256 24 Mile Rd is a 3 bed, 2 bath, 2,205 sqft, 50,094 sqft lot single_family.
Is 5256 24 Mile Rd a flip candidate?
No — 5256 24 Mile Rd does not appear in our flips dataset.
Is 5256 24 Mile Rd a tax-appeal candidate?
No — 5256 24 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
-2.8%
Implied 1-yr
-11.1%
2026 Q3
$411.7K
2026 Q4
$397.8K
ZIP 48316 — Median Price History + Forecast

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