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4930 Royal Cove Dr

Shelby Township, MI 48316

3 bd 3 ba 1,500 sqft Built 1994 condos
Most recent sale
$280,100
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Listed $324,900 Realcomp
Oct 25, 2022 Sold $280,100 Public Record
Apr 9, 2014 Sold $137,000 Public Record
Oct 13, 2010 Sold $109,000 Public Record
Jul 20, 2010 Listing removed $112,900 Realcomp
May 26, 2010 Listed $112,900 Realcomp
Jun 20, 2002 Sold $172,000 Public Record
Mar 22, 2000 Sold $152,500 Public Record
May 5, 1994 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $96,900 $2,329
2021 $94,100 $2,265
2020 $89,800 $2,249
2019 $84,700 $2,074
2018 $80,800 $2,049
2017 $75,900 $2,012
2016 $72,950 $1,997
2015 $67,250 $2,000
2014 $61,400 $1,683
2013 $57,550 $1,634
2012 $54,420 $1,598
2011 $59,550 $1,737
2010 $60,320 $1,745
2009 $68,930 $1,976
2008 $79,620 $1,298
2007 $85,120 $1,388

Property facts

Year built
1994
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,500 sqft
Lot size
ZIP code
48316
City
Shelby Township
Street
Royal Cove Dr
Coordinates
42.69633, -83.06686

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
$2,250
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value

Frequently asked questions

When did 4930 Royal Cove Dr last sell?
4930 Royal Cove Dr most recently sold on Oct 25, 2022 for $280,100.
What is the current tax assessment for 4930 Royal Cove Dr?
The most recent total assessment for 4930 Royal Cove Dr (year 2022) is $96,900 with $2,329 in property tax.
How does 4930 Royal Cove Dr's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $280,100.
When was 4930 Royal Cove Dr built?
4930 Royal Cove Dr was built in 1994.
How does 4930 Royal Cove Dr compare to others on Royal Cove Dr?
We track 8 other properties on Royal Cove Dr. Browse the list under "Other properties on Royal Cove Dr" to compare beds, baths, and sale history.
What are the property facts for 4930 Royal Cove Dr?
4930 Royal Cove Dr is a 3 bed, 3 bath, 1,500 sqft condos.
Is 4930 Royal Cove Dr a flip candidate?
No — 4930 Royal Cove Dr does not appear in our flips dataset.
Is 4930 Royal Cove Dr a tax-appeal candidate?
No — 4930 Royal Cove 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
-2.8%
Implied 1-yr
-11.1%
2026 Q3
$411.7K
2026 Q4
$397.8K
ZIP 48316 — Median Price History + Forecast

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