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56190 Chesapeake Trl

Shelby Township, MI 48316

2 bd 2 ba 1,410 sqft Built 1998 condos
Most recent sale
$220,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $220,000 Public Record
Jun 10, 2022 Sold $220,000 Realcomp
May 3, 2022 Listed $195,000 MLS #2220032528
Jul 14, 2016 Sold $128,500 Public Record
May 17, 2016 Listing removed $135,000 Realcomp
Apr 13, 2016 Price changed $135,000 MLS #216027079
Mar 24, 2016 Listed $136,500 MLS #216027079
Aug 13, 2014 Sold $123,000 Public Record
Dec 16, 2010 Sold $74,000 Public Record
Dec 2, 1998 Sold $132,875 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $77,100 $2,157
2019 $68,600 $1,988
2018 $68,000 $1,964
2017 $65,250 $1,929
2016 $63,800 $2,135
2015 $55,350 $2,637
2014 $41,450 $1,205
2013 $39,900 $1,170
2012 $39,860 $1,171
2011 $42,570 $1,242
2010 $51,630 $1,493
2009 $59,160 $1,696
2008 $65,720 $1,072
2007 $73,890 $1,205

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,410 sqft
Lot size
ZIP code
48316
City
Shelby Township
Street
Chesapeake Trl
Coordinates
42.70959, -83.04975

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,115
Gross rental yield
11.54%
Implied cap rate
7.50%
Trend-extrapolated value

Frequently asked questions

When did 56190 Chesapeake Trl last sell?
56190 Chesapeake Trl most recently sold on Jun 23, 2022 for $220,000.
What is the current tax assessment for 56190 Chesapeake Trl?
The most recent total assessment for 56190 Chesapeake Trl (year 2020) is $77,100 with $2,157 in property tax.
How does 56190 Chesapeake Trl's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $220,000.
When was 56190 Chesapeake Trl built?
56190 Chesapeake Trl was built in 1998.
How does 56190 Chesapeake Trl compare to others on Chesapeake Trl?
We track 8 other properties on Chesapeake Trl. Browse the list under "Other properties on Chesapeake Trl" to compare beds, baths, and sale history.
What are the property facts for 56190 Chesapeake Trl?
56190 Chesapeake Trl is a 2 bed, 2 bath, 1,410 sqft condos.
Is 56190 Chesapeake Trl a flip candidate?
No — 56190 Chesapeake Trl does not appear in our flips dataset.
Is 56190 Chesapeake Trl a tax-appeal candidate?
No — 56190 Chesapeake Trl 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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