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5000 Town Ctr

Southfield, MI 48075

3 bd 3 ba 1,979 sqft Built 1982 condos
Most recent sale
$220,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $220,000 Public Record
Aug 26, 2022 Sold $220,000 Realcomp
Jul 8, 2022 Price changed $239,000 MLS #2220032141
May 5, 2022 Listed $259,000 MLS #2220032141
Jan 15, 2015 Sold $140,000 Public Record
Oct 8, 2014 Listing removed $160,000 Realcomp
Feb 14, 2014 Listed $160,000 MLS #214013152
Sep 9, 2009 Listing removed $329,000 Realcomp
Sep 6, 2009 Listing removed $2,900 Realcomp
Jun 3, 2009 Listed for rent $2,900 Realcomp
Jun 3, 2009 Listed $329,000 MLS #29036448
Feb 9, 1996 Sold $178,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $90,570 $3,432
2019 $80,930 $3,359
2018 $75,670 $3,248
2017 $73,220 $3,157
2016 $62,860 $3,130
2015 $48,230 $3,144
2014 $43,590 $2,353
2013 $36,810 $2,323
2012 $42,260 $2,633
2011 $52,940 $3,230
2010 $64,020 $3,422
2009 $87,860 $4,693
2008 $101,840 $4,019
2007 $106,130 $4,347

Property facts

Year built
1982
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
1,979 sqft
Lot size
ZIP code
48075
City
Southfield
Street
Town Ctr
Coordinates
42.47956, -83.24235

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
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5000 Town Ctr last sell?
5000 Town Ctr most recently sold on Sep 12, 2022 for $220,000.
What is the current tax assessment for 5000 Town Ctr?
The most recent total assessment for 5000 Town Ctr (year 2020) is $90,570 with $3,432 in property tax.
How does 5000 Town Ctr's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $220,000.
When was 5000 Town Ctr built?
5000 Town Ctr was built in 1982.
How does 5000 Town Ctr compare to others on Town Ctr?
We track 8 other properties on Town Ctr. Browse the list under "Other properties on Town Ctr" to compare beds, baths, and sale history.
What are the property facts for 5000 Town Ctr?
5000 Town Ctr is a 3 bed, 3 bath, 1,979 sqft condos.
Is 5000 Town Ctr a flip candidate?
No — 5000 Town Ctr does not appear in our flips dataset.
Is 5000 Town Ctr a tax-appeal candidate?
No — 5000 Town Ctr 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
-1.8%
Implied 1-yr
-7.2%
2026 Q1
$182.5K
2026 Q2
$178.8K
ZIP 48075 — Median Price History + Forecast

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