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43883 Elm Dr

Sterling Heights, MI 48313

2 bd 2 ba 1,154 sqft Built 2004 condo
Most recent sale
$196,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2024 Sold $215,500 Public Record
Jan 24, 2024 Listing removed $210,000 MiRealSource
Dec 18, 2023 Listed $210,000 MiRealSource
Sep 30, 2022 Sold $196,000 Public Record
Aug 20, 2022 Price changed $195,000 MLS #20221032681
Aug 19, 2022 Listed $190,000 MLS #20221032681
Aug 6, 2019 Sold $160,000 Public Record
Jul 17, 2019 Sold $160,000 Realcomp
Jun 5, 2019 Listed $163,000 MLS #219053655
Sep 16, 2004 Sold $137,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $69,700 $2,671
2019 $62,900 $1,356
2017 $59,400 $1,310
2016 $58,000 $1,266
2015 $51,300 $1,267
2014 $42,200 $1,247
2013 $34,100 $1,127
2012 $34,300 $1,135
2011 $39,900 $1,312
2010 $44,200 $1,443
2009 $59,700 $1,819
2008 $66,450 $1,812

Property facts

Year built
2004
Property type
condo
Stories
Beds
2
Baths
2
Living area
1,154 sqft
Lot size
ZIP code
48313
City
Sterling Heights
Street
Elm Dr
Coordinates
42.61760, -82.99649

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,731
Gross rental yield
10.60%
Implied cap rate
6.89%
Trend-extrapolated value

Frequently asked questions

When did 43883 Elm Dr last sell?
43883 Elm Dr most recently sold on Sep 30, 2022 for $196,000.
What is the current tax assessment for 43883 Elm Dr?
The most recent total assessment for 43883 Elm Dr (year 2020) is $69,700 with $2,671 in property tax.
How does 43883 Elm Dr's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $196,000.
When was 43883 Elm Dr built?
43883 Elm Dr was built in 2004.
How does 43883 Elm Dr compare to others on Elm Dr?
We track 8 other properties on Elm Dr. Browse the list under "Other properties on Elm Dr" to compare beds, baths, and sale history.
What are the property facts for 43883 Elm Dr?
43883 Elm Dr is a 2 bed, 2 bath, 1,154 sqft condo.
Is 43883 Elm Dr a flip candidate?
No — 43883 Elm Dr does not appear in our flips dataset.
Is 43883 Elm Dr a tax-appeal candidate?
No — 43883 Elm 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
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$334.6K
2026 Q4
$341.8K
ZIP 48313 — Median Price History + Forecast

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