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54974 Cambridge Dr

Shelby Township, MI 48315

2 bd 4 ba 1,860 sqft Built 1989 condos
Most recent sale
$285,000
Nov 13, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2024 Sold $405,000 Realcomp
Mar 12, 2024 Price changed $424,900 Realcomp
Mar 6, 2024 Price changed $439,900 Realcomp
Mar 4, 2024 Listed $449,900 Realcomp
Nov 13, 2023 Sold $285,000 Public Record
Dec 1, 2000 Sold $206,900 Public Record
Aug 25, 1989 Sold $135,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $119,400 $2,651
2021 $111,100 $2,578
2020 $108,300 $2,561
2019 $100,700 $2,360
2018 $94,800 $2,332
2017 $92,650 $2,290
2016 $89,950 $2,274
2015 $85,950 $2,277
2014 $80,100 $2,241
2013 $78,650 $2,176
2012 $73,240 $2,128
2011 $70,530 $2,058
2010 $72,670 $2,102
2009 $83,580 $2,397
2008 $94,440 $1,540
2007 $100,800 $1,644

Property facts

Year built
1989
Property type
condos
Stories
2
Beds
2
Baths
4
Living area
1,860 sqft
Lot size
ZIP code
48315
City
Shelby Township
Street
Cambridge Dr
Coordinates
42.69936, -82.97693

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,790
Gross rental yield
11.75%
Implied cap rate
7.64%
Trend-extrapolated value

Frequently asked questions

When did 54974 Cambridge Dr last sell?
54974 Cambridge Dr most recently sold on Nov 13, 2023 for $285,000.
What is the current tax assessment for 54974 Cambridge Dr?
The most recent total assessment for 54974 Cambridge Dr (year 2022) is $119,400 with $2,651 in property tax.
How does 54974 Cambridge Dr's assessment compare to its last sale price?
The current assessment is 58.1% below the last sale price of $285,000.
When was 54974 Cambridge Dr built?
54974 Cambridge Dr was built in 1989.
How does 54974 Cambridge Dr compare to others on Cambridge Dr?
We track 8 other properties on Cambridge Dr. Browse the list under "Other properties on Cambridge Dr" to compare beds, baths, and sale history.
What are the property facts for 54974 Cambridge Dr?
54974 Cambridge Dr is a 2 bed, 4 bath, 1,860 sqft condos.
Is 54974 Cambridge Dr a flip candidate?
Yes — 54974 Cambridge Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 54974 Cambridge Dr a tax-appeal candidate?
No — 54974 Cambridge Dr 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
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$611.4K
2026 Q4
$624.8K
ZIP 48315 — Median Price History + Forecast

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