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5239 Simpson Lake Rd

West Bloomfield Township, MI 48323

3 bd 3 ba 1,862 sqft Built 1996 condos
Most recent sale
$510,000
Jan 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2024 Sold $510,000 Realcomp
Dec 8, 2023 Listed $499,000 Realcomp
Oct 16, 2019 Sold $305,500 Realcomp
Sep 12, 2019 Listed $309,000 Realcomp
May 18, 2010 Listing removed $119,900 MiRealSource
May 2, 2010 Listing removed $119,900 Realcomp
Mar 25, 2010 Listing removed $119,900 MiRealSource
Mar 23, 2010 Listed $119,900 MiRealSource
Mar 20, 2010 Relisted $119,900 Realcomp
Mar 19, 2010 Relisted $119,900 MiRealSource
Mar 2, 2010 Listing removed $119,900 Realcomp
Feb 25, 2010 Listed $119,900 MiRealSource
Feb 16, 2010 Listed $119,900 Realcomp
Jan 6, 1997 Sold $246,372 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $141,110 $5,267
2020 $133,720 $5,217
2019 $126,430 $2,671
2018 $111,380 $2,632
2017 $93,140 $2,626
2016 $82,310 $2,652
2015 $74,660 $2,653
2014 $67,920 $2,666
2013 $62,310 $2,619
2012 $62,220 $2,559
2011 $66,910 $2,739
2010 $79,330 $2,933
2009 $100,700 $3,695
2008 $120,980 $2,970
2007 $141,070 $3,289

Property facts

Year built
1996
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
1,862 sqft
Lot size
ZIP code
48323
City
West Bloomfield Township
Street
Simpson Lake Rd
Coordinates
42.56221, -83.34793

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
$2,793
Gross rental yield
6.57%
Implied cap rate
4.27%
Trend-extrapolated value

Frequently asked questions

When did 5239 Simpson Lake Rd last sell?
5239 Simpson Lake Rd most recently sold on Jan 9, 2024 for $510,000.
What is the current tax assessment for 5239 Simpson Lake Rd?
The most recent total assessment for 5239 Simpson Lake Rd (year 2021) is $141,110 with $5,267 in property tax.
How does 5239 Simpson Lake Rd's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $510,000.
When was 5239 Simpson Lake Rd built?
5239 Simpson Lake Rd was built in 1996.
How does 5239 Simpson Lake Rd compare to others on Simpson Lake Rd?
We track 8 other properties on Simpson Lake Rd. Browse the list under "Other properties on Simpson Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 5239 Simpson Lake Rd?
5239 Simpson Lake Rd is a 3 bed, 3 bath, 1,862 sqft condos.
Is 5239 Simpson Lake Rd a flip candidate?
No — 5239 Simpson Lake Rd does not appear in our flips dataset.
Is 5239 Simpson Lake Rd a tax-appeal candidate?
No — 5239 Simpson Lake Rd 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
-0.9%
Implied 1-yr
-3.7%
2026 Q3
$472.4K
2026 Q4
$467.8K
ZIP 48323 — Median Price History + Forecast

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