Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 24M+ properties All 50 states Methodology

12427 First Ave

Southgate, MI 48195

2 bd 3 ba 1,275 sqft Built 2006 condos
Most recent sale
$160,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $160,000 Public Record
Jun 14, 2022 Sold $160,000 Realcomp
May 18, 2022 Listed $150,000 MLS #2220033361
Feb 3, 2014 Sold $105,995 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $59,600 $2,490
2020 $56,000 $3,134
2019 $55,200 $3,094
2018 $52,700 $3,027
2017 $53,500 $3,099
2016 $60,900 $3,244
2015 $58,000 $3,139
2014 $55,000 $2,234
2013 $24,200 $1,708
2012 $24,400 $1,692
2011 $27,000 $1,772
2010 $31,900 $2,002
2009 $36,300 $1,917
2008 $42,700 $1,550
2007 $13,200 $10

Property facts

Year built
2006
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,275 sqft
Lot size
ZIP code
48195
City
Southgate
Street
First Ave
Coordinates
42.21635, -83.22712

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,913
Gross rental yield
14.35%
Implied cap rate
9.33%
Trend-extrapolated value

Frequently asked questions

When did 12427 First Ave last sell?
12427 First Ave most recently sold on Jun 23, 2022 for $160,000.
What is the current tax assessment for 12427 First Ave?
The most recent total assessment for 12427 First Ave (year 2021) is $59,600 with $2,490 in property tax.
How does 12427 First Ave's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $160,000.
When was 12427 First Ave built?
12427 First Ave was built in 2006.
How does 12427 First Ave compare to others on First Ave?
We track 8 other properties on First Ave. Browse the list under "Other properties on First Ave" to compare beds, baths, and sale history.
What are the property facts for 12427 First Ave?
12427 First Ave is a 2 bed, 3 bath, 1,275 sqft condos.
Is 12427 First Ave a flip candidate?
No — 12427 First Ave does not appear in our flips dataset.
Is 12427 First Ave a tax-appeal candidate?
No — 12427 First Ave 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
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$184.8K
2026 Q4
$184.3K
ZIP 48195 — Median Price History + Forecast

Explore nearby