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4218 Lilac Ln

Ypsilanti, MI 48197

3 bd 3 ba 2,121 sqft Built 2015 Lot 10,019 sqft single_family
Most recent sale
$500,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $500,000 MLS #3286588
Mar 15, 2022 Listed $420,000 MLS #3286588
May 24, 2016 Sold $296,740 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $250,657 $5,684
2024 $250,657 $8,901
2023 $206,000 $8,457
2022 $198,200 $7,540
2021 $192,300 $4,696
2020 $194,000 $7,156
2019 $176,700 $6,742
2018 $169,500 $6,634
2017 $164,100 $6,430
2016 $34,000 $616
2015 $6,600 $335

Property facts

Year built
2015
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,121 sqft
Lot size
10,019 sqft
ZIP code
48197
City
Ypsilanti
Street
Lilac Ln
Coordinates
42.22249, -83.67377

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
$3,182
Gross rental yield
7.64%
Implied cap rate
4.96%
Trend-extrapolated value

Frequently asked questions

When did 4218 Lilac Ln last sell?
4218 Lilac Ln most recently sold on Apr 18, 2022 for $500,000.
What is the current tax assessment for 4218 Lilac Ln?
The most recent total assessment for 4218 Lilac Ln (year 2025) is $250,657 with $5,684 in property tax.
How does 4218 Lilac Ln's assessment compare to its last sale price?
The current assessment is 49.9% below the last sale price of $500,000.
When was 4218 Lilac Ln built?
4218 Lilac Ln was built in 2015.
How does 4218 Lilac Ln compare to others on Lilac Ln?
We track 8 other properties on Lilac Ln. Browse the list under "Other properties on Lilac Ln" to compare beds, baths, and sale history.
What are the property facts for 4218 Lilac Ln?
4218 Lilac Ln is a 3 bed, 3 bath, 2,121 sqft, 10,019 sqft lot single_family.
Is 4218 Lilac Ln a flip candidate?
No — 4218 Lilac Ln does not appear in our flips dataset.
Is 4218 Lilac Ln a tax-appeal candidate?
No — 4218 Lilac Ln 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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