7316 Homestead Rd
Ypsilanti, MI 48197
3 bd 2 ba 1,380 sqft Built 1999 Lot 7,405 sqft single_family
Most recent sale
$240,000
Nov 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 28, 2022 | Sold | $240,000 | Realcomp |
| Nov 9, 2022 | Relisted | $240,000 | Realcomp |
| Oct 22, 2022 | Listing removed | — | Realcomp |
| Oct 18, 2022 | Price changed | $240,000 | Realcomp |
| Oct 11, 2022 | Listed | $250,000 | Realcomp |
| Sep 29, 2016 | Listing removed | $167,900 | Realcomp |
| Aug 27, 2016 | Price changed | $167,900 | Realcomp |
| Aug 23, 2016 | Price changed | $168,900 | Realcomp |
| Aug 1, 2016 | Price changed | $169,900 | Realcomp |
| Jul 24, 2016 | Price changed | $172,000 | Realcomp |
| Jul 12, 2016 | Listed | $174,900 | Realcomp |
| Dec 2, 2002 | Sold | $162,000 | Public Record |
| Oct 20, 1999 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $90,700 | $1,661 |
| 2021 | — | — | $87,800 | $2,840 |
| 2020 | — | — | $82,800 | $2,803 |
| 2016 | — | — | $65,600 | $2,555 |
| 2015 | — | — | $58,800 | $2,464 |
| 2014 | — | — | $52,800 | $2,432 |
| 2013 | — | — | $53,100 | $2,335 |
| 2012 | — | — | $48,800 | $2,148 |
| 2011 | — | — | $50,100 | $2,189 |
| 2009 | — | — | $68,900 | $2,814 |
| 2008 | — | — | $74,000 | $1,958 |
| 2007 | — | — | $79,300 | $2,099 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,380 sqft
Lot size
7,405 sqft
ZIP code
48197
City
Ypsilanti
Street
Homestead Rd
Coordinates
42.18218, -83.61973
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,070
Gross rental yield
10.35%
Implied cap rate
6.73%
Trend-extrapolated value
—
Frequently asked questions
When did 7316 Homestead Rd last sell?
7316 Homestead Rd most recently sold on Nov 28, 2022 for $240,000.
What is the current tax assessment for 7316 Homestead Rd?
The most recent total assessment for 7316 Homestead Rd (year 2022) is $90,700 with $1,661 in property tax.
How does 7316 Homestead Rd's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $240,000.
When was 7316 Homestead Rd built?
7316 Homestead Rd was built in 1999.
How does 7316 Homestead Rd compare to others on Homestead Rd?
We track 8 other properties on Homestead Rd. Browse the list under "Other properties on Homestead Rd" to compare beds, baths, and sale history.
What are the property facts for 7316 Homestead Rd?
7316 Homestead Rd is a 3 bed, 2 bath, 1,380 sqft, 7,405 sqft lot single_family.
Is 7316 Homestead Rd a flip candidate?
No — 7316 Homestead Rd does not appear in our flips dataset.
Is 7316 Homestead Rd a tax-appeal candidate?
No — 7316 Homestead Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$416.6K
2026 Q4
$421.8K
ZIP 48197 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Homestead Rd