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7387 Lochmoor Dr

Ypsilanti, MI 48197

4 bd 3 ba 1,832 sqft Built 1993 Lot 8,276 sqft multi_family
Most recent sale
$280,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Listing removed $1,600 MichRic
May 30, 2024 Listing removed $1,550 MichRic
Sep 7, 2022 Sold $280,000 MLS #3289180
Aug 26, 2022 Relisted $275,000 MLS #3289286
Aug 24, 2022 Relisted $275,000 MLS #3289286
Jul 28, 2022 Relisted $275,000 MLS #3289286
Jul 4, 2022 Relisted $275,000 MLS #3289286
Jul 1, 2022 Listed $275,000 MLS #3289286
Jun 30, 2022 Listed $275,000 MLS #3289180
Jul 10, 2019 Listing removed $1,600 AnnArbor
Jul 2, 2019 Listed for rent $1,600 AnnArbor
Apr 25, 2016 Listing removed $1,600 AnnArbor
Mar 10, 2016 Listing removed $1,600 AppfolioUnits
Mar 4, 2016 Listed for rent $1,600 AppfolioUnits
Mar 2, 2016 Listed for rent $1,600 AnnArbor
Jan 27, 2015 Listing removed $1,550 AnnArbor
Dec 2, 2014 Listed for rent $1,550 AnnArbor
Jul 20, 2012 Listing removed $1,400 AnnArbor
Jun 8, 2012 Listed for rent $1,400 AnnArbor
Dec 8, 2011 Listing removed $1,400 AnnArbor
Dec 7, 2011 Listed for rent $1,400 AnnArbor
Dec 1, 2011 Listing removed $1,400 AnnArbor
Nov 23, 2011 Listed for rent $1,400 AnnArbor
Jul 10, 2001 Sold $195,000 Public Record
May 24, 2000 Sold $175,000 Public Record
Jan 14, 1994 Sold $126,967 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $113,400 $3,447
2020 $104,800 $5,063
2016 $81,700 $4,557
2015 $79,500 $4,404
2014 $67,800 $4,345
2013 $65,900 $4,196
2012 $65,100 $4,060
2011 $67,700 $4,199
2010 $71,600 $3,068
2009 $81,500 $3,311
2008 $93,900 $2,485

Property facts

Year built
1993
Property type
multi_family
Stories
Beds
4
Baths
3
Living area
1,832 sqft
Lot size
8,276 sqft
ZIP code
48197
City
Ypsilanti
Street
Lochmoor Dr
Coordinates
42.18238, -83.61206

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,748
Gross rental yield
11.78%
Implied cap rate
7.66%
Trend-extrapolated value

Frequently asked questions

When did 7387 Lochmoor Dr last sell?
7387 Lochmoor Dr most recently sold on Sep 7, 2022 for $280,000.
What is the current tax assessment for 7387 Lochmoor Dr?
The most recent total assessment for 7387 Lochmoor Dr (year 2021) is $113,400 with $3,447 in property tax.
How does 7387 Lochmoor Dr's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $280,000.
When was 7387 Lochmoor Dr built?
7387 Lochmoor Dr was built in 1993.
How does 7387 Lochmoor Dr compare to others on Lochmoor Dr?
We track 8 other properties on Lochmoor Dr. Browse the list under "Other properties on Lochmoor Dr" to compare beds, baths, and sale history.
What are the property facts for 7387 Lochmoor Dr?
7387 Lochmoor Dr is a 4 bed, 3 bath, 1,832 sqft, 8,276 sqft lot multi_family.
Is 7387 Lochmoor Dr a flip candidate?
No — 7387 Lochmoor Dr does not appear in our flips dataset.
Is 7387 Lochmoor Dr a tax-appeal candidate?
No — 7387 Lochmoor 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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