7247 Fay Dr
Van Buren Township, MI 48111
4 bd 4 ba 2,247 sqft Built 1997 Lot 11,761 sqft condos
Most recent sale
$450,000
Feb 16, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2024 | Sold | $450,000 | Realcomp |
| Jan 5, 2024 | Price changed | $450,000 | Realcomp |
| Dec 18, 2023 | Listed | $460,000 | Realcomp |
| Mar 29, 2023 | Sold | $175,000 | Realcomp |
| Mar 8, 2023 | Listed | $100,000 | Realcomp |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $136,200 | $2,922 |
| 2021 | — | — | $119,200 | $2,887 |
| 2020 | — | — | $111,100 | $2,847 |
| 2019 | — | — | $106,300 | $2,777 |
| 2018 | — | — | $106,000 | $2,731 |
| 2017 | — | — | $103,800 | $2,698 |
| 2016 | — | — | $99,400 | $2,400 |
| 2015 | — | — | $86,200 | $2,375 |
| 2014 | — | — | $73,900 | $2,259 |
| 2013 | — | — | $66,800 | $2,241 |
| 2012 | — | — | $69,100 | $2,236 |
| 2011 | — | — | $72,100 | $2,315 |
| 2010 | — | — | $71,400 | $2,308 |
| 2009 | — | — | $85,300 | $3,070 |
| 2008 | — | — | $109,700 | $1,814 |
| 2007 | — | — | $129,900 | $1,930 |
Property facts
Year built
1997
Property type
condos
Stories
2
Beds
4
Baths
4
Living area
2,247 sqft
Lot size
11,761 sqft
ZIP code
48111
City
Van Buren Township
Street
Fay Dr
Coordinates
42.24946, -83.48449
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,371
Gross rental yield
8.99%
Implied cap rate
5.84%
Trend-extrapolated value
—
Frequently asked questions
When did 7247 Fay Dr last sell?
7247 Fay Dr most recently sold on Feb 16, 2024 for $450,000.
What is the current tax assessment for 7247 Fay Dr?
The most recent total assessment for 7247 Fay Dr (year 2022) is $136,200 with $2,922 in property tax.
How does 7247 Fay Dr's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $450,000.
When was 7247 Fay Dr built?
7247 Fay Dr was built in 1997.
How does 7247 Fay Dr compare to others on Fay Dr?
We track 5 other properties on Fay Dr. Browse the list under "Other properties on Fay Dr" to compare beds, baths, and sale history.
What are the property facts for 7247 Fay Dr?
7247 Fay Dr is a 4 bed, 4 bath, 2,247 sqft, 11,761 sqft lot condos.
Is 7247 Fay Dr a flip candidate?
Yes — 7247 Fay Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7247 Fay Dr a tax-appeal candidate?
No — 7247 Fay Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.7%
Implied 1-yr
-10.8%
2026 Q3
$176.2K
2026 Q4
$170.4K
ZIP 48111 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fay Dr