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4049 Grace Ave

Wayne, MI 48184

3 bd 1 ba 975 sqft Built 1948 Lot 17,860 sqft single_family
Most recent sale
$175,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $175,000 Public Record
Aug 22, 2022 Sold $175,000 Realcomp
Jul 23, 2022 Relisted $165,000 MLS #20221019535
Jul 17, 2022 Listed $165,000 MLS #20221019535
Aug 28, 2006 Sold $97,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $48,900 $1,743
2020 $46,900 $2,575
2019 $43,300 $1,700
2018 $40,000 $1,955
2017 $38,800 $1,890
2016 $37,200 $1,967
2015 $34,600 $1,925
2014 $33,700 $1,859
2013 $33,900 $1,820
2012 $35,400 $1,816
2011 $39,000 $2,635
2010 $46,100 $3,074

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
975 sqft
Lot size
17,860 sqft
ZIP code
48184
City
Wayne
Street
Grace Ave
Coordinates
42.27716, -83.42266

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,463
Gross rental yield
10.03%
Implied cap rate
6.52%
Trend-extrapolated value

Frequently asked questions

When did 4049 Grace Ave last sell?
4049 Grace Ave most recently sold on Aug 23, 2022 for $175,000.
What is the current tax assessment for 4049 Grace Ave?
The most recent total assessment for 4049 Grace Ave (year 2021) is $48,900 with $1,743 in property tax.
How does 4049 Grace Ave's assessment compare to its last sale price?
The current assessment is 72.1% below the last sale price of $175,000.
When was 4049 Grace Ave built?
4049 Grace Ave was built in 1948.
How does 4049 Grace Ave compare to others on Grace Ave?
We track 8 other properties on Grace Ave. Browse the list under "Other properties on Grace Ave" to compare beds, baths, and sale history.
What are the property facts for 4049 Grace Ave?
4049 Grace Ave is a 3 bed, 1 bath, 975 sqft, 17,860 sqft lot single_family.
Is 4049 Grace Ave a flip candidate?
No — 4049 Grace Ave does not appear in our flips dataset.
Is 4049 Grace Ave a tax-appeal candidate?
No — 4049 Grace Ave 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
-7.1%
Implied 1-yr
-28.3%
2026 Q3
$157.5K
2026 Q4
$157.5K
ZIP 48184 — Median Price History + Forecast

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