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7861 Lake Crest Dr

Ypsilanti, MI 48197

4 bd 4 ba 2,008 sqft Built 1992 Lot 10,019 sqft single_family
Most recent sale
$577,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2024 Sold $618,000 Realcomp
Oct 10, 2024 Price changed $615,000 Realcomp
Sep 23, 2024 Listed $625,000 Realcomp
Aug 22, 2022 Sold $577,000 Public Record
Aug 22, 2022 Listed $569,900 MLS #3288898
Aug 17, 2022 Sold $577,000 MLS #3288898
Jun 17, 2022 Listed $569,900 MLS #3288898
Mar 11, 1998 Sold $240,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2016 $120,000 $4,603
2015 $113,600 $4,442
2014 $104,800 $4,379
2013 $94,800 $4,188
2012 $93,500 $4,046
2011 $95,900 $4,066
2010 $105,000 $4,339
2009 $121,800 $4,848
2008 $143,600 $3,801

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,008 sqft
Lot size
10,019 sqft
ZIP code
48197
City
Ypsilanti
Street
Lake Crest Dr
Coordinates
42.21373, -83.60527

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,012
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 7861 Lake Crest Dr last sell?
7861 Lake Crest Dr most recently sold on Aug 17, 2022 for $577,000.
What is the current tax assessment for 7861 Lake Crest Dr?
The most recent total assessment for 7861 Lake Crest Dr (year 2016) is $120,000 with $4,603 in property tax.
How does 7861 Lake Crest Dr's assessment compare to its last sale price?
The current assessment is 79.2% below the last sale price of $577,000.
When was 7861 Lake Crest Dr built?
7861 Lake Crest Dr was built in 1992.
How does 7861 Lake Crest Dr compare to others on Lake Crest Dr?
We track 8 other properties on Lake Crest Dr. Browse the list under "Other properties on Lake Crest Dr" to compare beds, baths, and sale history.
What are the property facts for 7861 Lake Crest Dr?
7861 Lake Crest Dr is a 4 bed, 4 bath, 2,008 sqft, 10,019 sqft lot single_family.
Is 7861 Lake Crest Dr a flip candidate?
No — 7861 Lake Crest Dr does not appear in our flips dataset.
Is 7861 Lake Crest Dr a tax-appeal candidate?
No — 7861 Lake Crest Dr 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
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$416.6K
2026 Q4
$421.8K
ZIP 48197 — Median Price History + Forecast

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