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38054 Sherwood St

Westland, MI 48185

2 bd 1 ba 882 sqft Built 1972 condos
Most recent sale
$103,805
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2023 Sold $124,000 Realcomp
Mar 24, 2023 Relisted $130,000 Realcomp
Feb 27, 2023 Listed $130,000 Realcomp
Jun 3, 2022 Sold $103,805 Public Record
May 18, 2022 Sold $103,805 Realcomp
Apr 21, 2022 Listed $89,900 MLS #2220025675
Dec 23, 2003 Sold $69,900 Public Record
May 16, 2002 Sold $76,906 Public Record
Nov 10, 1999 Sold $74,900 Public Record
Oct 27, 1994 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $61,100 $2,190
2024 $61,100 $2,565
2023 $46,300 $2,283
2022 $40,500 $1,108
2021 $36,600 $902
2020 $31,800 $1,066
2019 $31,200 $1,029
2018 $27,800 $969
2017 $24,900 $952
2016 $23,080 $998
2015 $19,850 $981
2014 $19,700 $942
2013 $21,810 $953
2012 $21,750 $910
2011 $24,720 $996
2010 $30,040 $1,202
2009 $38,250 $1,472
2008 $40,700 $1,332
2007 $43,590 $1,445

Property facts

Year built
1972
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
882 sqft
Lot size
ZIP code
48185
City
Westland
Street
Sherwood St
Coordinates
42.32173, -83.41360

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$623
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 38054 Sherwood St last sell?
38054 Sherwood St most recently sold on Jun 3, 2022 for $103,805.
What is the current tax assessment for 38054 Sherwood St?
The most recent total assessment for 38054 Sherwood St (year 2025) is $61,100 with $2,190 in property tax.
How does 38054 Sherwood St's assessment compare to its last sale price?
The current assessment is 41.1% below the last sale price of $103,805.
When was 38054 Sherwood St built?
38054 Sherwood St was built in 1972.
How does 38054 Sherwood St compare to others on Sherwood St?
We track 7 other properties on Sherwood St. Browse the list under "Other properties on Sherwood St" to compare beds, baths, and sale history.
What are the property facts for 38054 Sherwood St?
38054 Sherwood St is a 2 bed, 1 bath, 882 sqft condos.
Is 38054 Sherwood St a flip candidate?
No — 38054 Sherwood St does not appear in our flips dataset.
Is 38054 Sherwood St a tax-appeal candidate?
No — 38054 Sherwood St 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$311.3K
2026 Q4
$311.3K
ZIP 48185 — Median Price History + Forecast

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