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1378 Lake Ridge Ct

Waterford Township, MI 48327

2 bd 2 ba 990 sqft Built 1988 condos
Most recent sale
$162,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2022 Sold $162,000 Public Record
May 27, 2022 Sold $162,000 Realcomp
Apr 21, 2022 Listed $149,900 MLS #2220028062
Nov 13, 2019 Sold $116,000 Public Record
Nov 8, 2019 Sold $116,000 Realcomp
Nov 16, 2005 Sold $121,000 Public Record
Jun 4, 1997 Sold $84,900 Public Record
Jan 3, 1996 Sold $76,900 Public Record
Jun 1, 1988 Sold $69,535 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,950 $1,504
2023 $65,310 $2,362
2022 $59,210 $2,138
2021 $57,850 $1,239
2020 $56,910 $2,078
2019 $51,160 $1,408
2018 $43,500 $1,390
2017 $39,440 $1,306
2016 $35,580 $1,300
2015 $32,080 $1,301
2014 $28,170 $1,283
2013 $24,080 $1,251
2012 $23,740 $824
2011 $29,260 $949
2010 $36,420 $1,158
2009 $52,070 $1,549
2008 $57,900 $1,089
2007 $58,880 $1,107

Property facts

Year built
1988
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
990 sqft
Lot size
ZIP code
48327
City
Waterford Township
Street
Lake Ridge Ct
Coordinates
42.61665, -83.43756

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
$1,485
Gross rental yield
11.00%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 1378 Lake Ridge Ct last sell?
1378 Lake Ridge Ct most recently sold on Jun 9, 2022 for $162,000.
What is the current tax assessment for 1378 Lake Ridge Ct?
The most recent total assessment for 1378 Lake Ridge Ct (year 2025) is $78,950 with $1,504 in property tax.
How does 1378 Lake Ridge Ct's assessment compare to its last sale price?
The current assessment is 51.3% below the last sale price of $162,000.
When was 1378 Lake Ridge Ct built?
1378 Lake Ridge Ct was built in 1988.
How does 1378 Lake Ridge Ct compare to others on Lake Ridge Ct?
We track 2 other properties on Lake Ridge Ct. Browse the list under "Other properties on Lake Ridge Ct" to compare beds, baths, and sale history.
What are the property facts for 1378 Lake Ridge Ct?
1378 Lake Ridge Ct is a 2 bed, 2 bath, 990 sqft condos.
Is 1378 Lake Ridge Ct a flip candidate?
No — 1378 Lake Ridge Ct does not appear in our flips dataset.
Is 1378 Lake Ridge Ct a tax-appeal candidate?
No — 1378 Lake Ridge 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
+3.4%
Implied 1-yr
+13.5%
2026 Q3
$338.6K
2026 Q4
$347.9K
ZIP 48327 — Median Price History + Forecast

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