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42711 Richmond Dr

Sterling Heights, MI 48313

3 bd 3 ba 1,704 sqft Built 2001 condos
Most recent sale
$298,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $298,000 Public Record
Sep 23, 2022 Sold $298,000 Realcomp
Aug 12, 2022 Listed $299,900 MLS #20221030327
Jul 21, 2022 Listed $309,900 MLS #20221019964
Oct 18, 2002 Sold $199,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $104,400 $2,325
2019 $105,700 $2,169
2017 $94,100 $2,095
2016 $90,900 $2,024
2015 $79,800 $2,026
2014 $71,900 $1,994
2013 $55,200 $1,802
2012 $53,250 $1,762
2011 $61,500 $2,023
2010 $70,900 $2,314
2009 $92,650 $2,823
2008 $101,100 $2,756

Property facts

Year built
2001
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,704 sqft
Lot size
ZIP code
48313
City
Sterling Heights
Street
Richmond Dr
Coordinates
42.60909, -82.98078

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,556
Gross rental yield
10.29%
Implied cap rate
6.69%
Trend-extrapolated value

Frequently asked questions

When did 42711 Richmond Dr last sell?
42711 Richmond Dr most recently sold on Oct 3, 2022 for $298,000.
What is the current tax assessment for 42711 Richmond Dr?
The most recent total assessment for 42711 Richmond Dr (year 2020) is $104,400 with $2,325 in property tax.
How does 42711 Richmond Dr's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $298,000.
When was 42711 Richmond Dr built?
42711 Richmond Dr was built in 2001.
How does 42711 Richmond Dr compare to others on Richmond Dr?
We track 8 other properties on Richmond Dr. Browse the list under "Other properties on Richmond Dr" to compare beds, baths, and sale history.
What are the property facts for 42711 Richmond Dr?
42711 Richmond Dr is a 3 bed, 3 bath, 1,704 sqft condos.
Is 42711 Richmond Dr a flip candidate?
No — 42711 Richmond Dr does not appear in our flips dataset.
Is 42711 Richmond Dr a tax-appeal candidate?
No — 42711 Richmond 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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