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7940 Derby Rd

Sheridan, MI 48884

2 bd 2 ba 2,400 sqft Built 1974 Lot 217,800 sqft single_family
Most recent sale
$210,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2025 Sold $268,000 MichRic
May 23, 2022 Sold $210,000 Public Record
May 20, 2022 Sold $210,000 MichRic
Apr 6, 2022 Listed $185,000 MLS #22011307
Jun 5, 2018 Sold $89,000 Public Record

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,400 sqft
Lot size
217,800 sqft
ZIP code
48884
City
Sheridan
Street
Derby Rd
Coordinates
43.17803, -85.13412

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,260
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7940 Derby Rd last sell?
7940 Derby Rd most recently sold on May 23, 2022 for $210,000.
What is the current tax assessment for 7940 Derby Rd?
No tax-assessment history is recorded for this parcel.
When was 7940 Derby Rd built?
7940 Derby Rd was built in 1974.
How does 7940 Derby Rd compare to others on Derby Rd?
We track 6 other properties on Derby Rd. Browse the list under "Other properties on Derby Rd" to compare beds, baths, and sale history.
What are the property facts for 7940 Derby Rd?
7940 Derby Rd is a 2 bed, 2 bath, 2,400 sqft, 217,800 sqft lot single_family.
Is 7940 Derby Rd a flip candidate?
No — 7940 Derby Rd does not appear in our flips dataset.
Is 7940 Derby Rd a tax-appeal candidate?
No — 7940 Derby 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
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$227.3K
2026 Q4
$230.4K
ZIP 48884 — Median Price History + Forecast

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