15416 Drake St
Southgate, MI 48195
3 bd 2 ba 1,484 sqft Built 1954 Lot 5,663 sqft single_family
Most recent sale
$228,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 16, 2025 | Sold | $280,000 | Realcomp |
| Mar 26, 2025 | Listed | $264,999 | Realcomp |
| Oct 25, 2022 | Sold | $228,000 | Public Record |
| Oct 17, 2022 | Sold | $228,000 | MLS #50090548 |
| Sep 19, 2022 | Listed | $204,900 | MLS #50090548 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $85,700 | $2,369 |
| 2020 | — | — | $77,100 | $2,980 |
| 2019 | — | — | $71,300 | $2,940 |
| 2018 | — | — | $63,400 | $2,878 |
| 2017 | — | — | $60,100 | $2,843 |
| 2016 | — | — | $55,000 | $2,714 |
| 2015 | — | — | $52,100 | $2,628 |
| 2014 | — | — | $49,400 | $2,540 |
| 2013 | — | — | $47,000 | $2,462 |
| 2012 | — | — | $46,900 | $2,397 |
| 2011 | — | — | $52,200 | $2,476 |
| 2010 | — | — | $61,700 | $2,875 |
| 2009 | — | — | $77,200 | $2,815 |
| 2008 | — | — | $90,800 | $2,102 |
| 2007 | — | — | $96,100 | $2,051 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,484 sqft
Lot size
5,663 sqft
ZIP code
48195
City
Southgate
Street
Drake St
Coordinates
42.19519, -83.20701
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,226
Gross rental yield
11.72%
Implied cap rate
7.62%
Trend-extrapolated value
—
Frequently asked questions
When did 15416 Drake St last sell?
15416 Drake St most recently sold on Oct 17, 2022 for $228,000.
What is the current tax assessment for 15416 Drake St?
The most recent total assessment for 15416 Drake St (year 2021) is $85,700 with $2,369 in property tax.
How does 15416 Drake St's assessment compare to its last sale price?
The current assessment is 62.4% below the last sale price of $228,000.
When was 15416 Drake St built?
15416 Drake St was built in 1954.
How does 15416 Drake St compare to others on Drake St?
We track 8 other properties on Drake St. Browse the list under "Other properties on Drake St" to compare beds, baths, and sale history.
What are the property facts for 15416 Drake St?
15416 Drake St is a 3 bed, 2 bath, 1,484 sqft, 5,663 sqft lot single_family.
Is 15416 Drake St a flip candidate?
No — 15416 Drake St does not appear in our flips dataset.
Is 15416 Drake St a tax-appeal candidate?
No — 15416 Drake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$184.8K
2026 Q4
$184.3K
ZIP 48195 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake St