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551 Riviera Ct

Walled Lake, MI 48390

2 bd 2 ba 1,378 sqft Built 2005 condos
Most recent sale
$244,000
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 18, 2022 Sold $244,000 Realcomp
Oct 19, 2022 Price changed $244,990 Realcomp
Oct 6, 2022 Price changed $249,990 Realcomp
Sep 23, 2022 Listed $250,000 Realcomp
Mar 6, 2017 Sold $153,000 Public Record
Dec 15, 2016 Listing removed $160,000 Realcomp
Nov 9, 2016 Listed $160,000 Realcomp
Sep 9, 2016 Listing removed $160,000 Realcomp
Aug 8, 2016 Price changed $160,000 Realcomp
Aug 4, 2016 Relisted $165,000 Realcomp
May 20, 2016 Listing removed $165,000 Realcomp
May 9, 2016 Listed $165,000 Realcomp
Dec 11, 2014 Sold $125,000 Public Record
Feb 14, 2006 Sold $190,710 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $87,740 $3,313
2020 $83,460 $3,308
2019 $75,580 $3,257
2018 $72,990 $3,250
2017 $71,510 $2,354
2016 $68,050 $2,361
2015 $51,600 $2,388
2014 $42,000 $1,461
2013 $34,090 $1,418
2012 $32,450 $1,365
2011 $45,300 $1,882
2010 $61,420 $2,537
2009 $73,050 $2,987
2008 $86,900 $3,461
2007 $86,880 $3,469

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,378 sqft
Lot size
ZIP code
48390
City
Walled Lake
Street
Riviera Ct
Coordinates
42.53043, -83.47967

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,067
Gross rental yield
10.17%
Implied cap rate
6.61%
Trend-extrapolated value

Frequently asked questions

When did 551 Riviera Ct last sell?
551 Riviera Ct most recently sold on Nov 18, 2022 for $244,000.
What is the current tax assessment for 551 Riviera Ct?
The most recent total assessment for 551 Riviera Ct (year 2021) is $87,740 with $3,313 in property tax.
How does 551 Riviera Ct's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $244,000.
When was 551 Riviera Ct built?
551 Riviera Ct was built in 2005.
How does 551 Riviera Ct compare to others on Riviera Ct?
We track 5 other properties on Riviera Ct. Browse the list under "Other properties on Riviera Ct" to compare beds, baths, and sale history.
What are the property facts for 551 Riviera Ct?
551 Riviera Ct is a 2 bed, 2 bath, 1,378 sqft condos.
Is 551 Riviera Ct a flip candidate?
No — 551 Riviera Ct does not appear in our flips dataset.
Is 551 Riviera Ct a tax-appeal candidate?
No — 551 Riviera Ct 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
+3.9%
Implied 1-yr
+15.5%
2026 Q3
$470.7K
2026 Q4
$485.3K
ZIP 48390 — Median Price History + Forecast

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