Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 28M+ properties All 50 states Methodology

8140 24 Mile Rd

Shelby Township, MI 48316

2 bd 1 ba 938 sqft Built 1971 condos
Most recent sale
$107,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $107,000 Public Record
May 5, 2022 Sold $107,000 Realcomp
Apr 22, 2022 Relisted $109,000 MLS #2220021601
Mar 30, 2022 Listed $109,000 MLS #2220021601
Mar 14, 2022 Relisted $109,900 MLS #2220005871
Mar 4, 2022 Relisted $109,900 MLS #2220005871
Jan 31, 2022 Listed $99,900 MLS #2220005871
Jul 22, 2020 Sold $99,900 Realcomp
Mar 30, 2017 Listing removed $875 AppfolioUnits
Mar 29, 2017 Listed for rent $850 Realcomp
Mar 15, 2017 Price changed for rent $875 AppfolioUnits
Feb 23, 2017 Price changed for rent $899 AppfolioUnits
Feb 9, 2017 Listed for rent $900 AppfolioUnits
Sep 25, 2014 Listing removed $850 AppfolioUnits
Sep 11, 2014 Listed for rent $850 AppfolioUnits
Nov 15, 2002 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $57,000 $1,594
2023 $48,000 $1,476
2022 $40,800 $1,035
2021 $32,700 $1,007
2020 $31,200 $739
2019 $30,400 $851
2018 $25,600 $839
2017 $22,900 $828
2016 $20,200 $824
2015 $18,850 $827
2014 $17,100 $815
2013 $18,500 $874
2012 $18,260 $863
2011 $20,780 $978
2010 $23,080 $1,081
2009 $26,640 $1,241
2008 $34,490 $871
2007 $39,440 $997

Property facts

Year built
1971
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
938 sqft
Lot size
ZIP code
48316
City
Shelby Township
Street
24 Mile Rd
Coordinates
42.68331, -83.03263

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
$642
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8140 24 Mile Rd last sell?
8140 24 Mile Rd most recently sold on May 12, 2022 for $107,000.
What is the current tax assessment for 8140 24 Mile Rd?
The most recent total assessment for 8140 24 Mile Rd (year 2025) is $57,000 with $1,594 in property tax.
How does 8140 24 Mile Rd's assessment compare to its last sale price?
The current assessment is 46.7% below the last sale price of $107,000.
When was 8140 24 Mile Rd built?
8140 24 Mile Rd was built in 1971.
How does 8140 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 8140 24 Mile Rd?
8140 24 Mile Rd is a 2 bed, 1 bath, 938 sqft condos.
Is 8140 24 Mile Rd a flip candidate?
No — 8140 24 Mile Rd does not appear in our flips dataset.
Is 8140 24 Mile Rd a tax-appeal candidate?
No — 8140 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

Explore nearby