8785 Annsbury Dr · Shelby, MI 48316

$494,460

4 bd · 2.5 ba · 3,090 sqft · SingleFamily public records · 29 Days on market

Built 1971 0.31 ac lot Est $754k · 34% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.0/10.0
• Schools +4.1/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Classic colonial charm meets tasteful modern updates in this spacious 4-bedroom, 2 full bath, 1 half bath home located in desirable Shelby Township. Filled with character, warmth, and timeless appeal, this well-loved home has only been owned by 3 families throughout its history - a true testament to the memories and care shared within these walls. From the grand curved staircase and elegant foyer - the perfect space for a stunning Christmas tree centerpiece during the holidays - to the rich hardwood flooring and inviting living spaces, this home offers the ideal blend of traditional charm and comfortable modern living. Wide open spaces both indoors and outdoors make this property perfect for hosting family gatherings, holiday celebrations, and entertaining year-round. Subtle updates throughout complement the home's classic design while still leaving room for your own personal touch. The spacious layout creates a warm and welcoming atmosphere, while the backyard provides plenty of room to relax, play, and enjoy nature. Mature fruit trees add a special touch to the outdoor space, creating a peaceful setting to enjoy Michigan summers and fall harvests alike. Whether you're gathering around with loved ones, making holiday memories, or simply enjoying quiet evenings at home, this property is ready for its next chapter. Bring the warmth, laughter, and life back to a home that has been cherished for generations. Conveniently located near parks, shopping, dining, and award-winning Utica Community Schools, this is a rare opportunity to own a truly special home in the heart of Shelby Township. BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times. Please send all offers in one PDF. Thank you!

Key facts

• 0.31 acre lot
• 2 garage spots
• Pool

Property features AI

Finance

• Other: Pets allowed

Exterior

• Parking: Attached garage with 2 spaces; Direct access garage; Garage door opener; Garage faces side
• Utilities: Public water; Septic sewer; Cable available
• Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick and vinyl siding exterior
• Construction: Asphalt roof; Home warranty included
• Exterior features: Patio; Porch; Fenced backyard; Above-ground outdoor pool; Corner lot; Paved road access

Interior

• Kitchen: Free-standing gas range; Dishwasher; Disposal; Microwave; Free-standing refrigerator; Bar fridge; Stainless steel appliances; Gas water heater
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Entrance foyer; High-speed internet available; Wet bar; Smart thermostat; Wood-burning fireplace in family room and living room; Partially finished basement with sump pump
• Laundry & utility: Laundry room; Washer hookup; Gas dryer hookup; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $494k.

Deal economics

• At list price, monthly cash flow is $726 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $494k).
• Recommended offer: $487k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 3.2% in Shelby — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#324 in MI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools F, amenities F.
• Utica Community Schools (suburban): math 38% / reading 53% proficiency, ranked #126 of 540 in MI (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 167 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($487k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 16y ago; this cycle's ask has dropped $29k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $349k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $487,043 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.00% ✓
• Cap rate: 8.05%
• Cash-on-cash: 6.29%
• DSCR: 1.28
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $753,960
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
54933 Black Hills Ln	0.35mi	4/3.5	3,300 (+7%)	1mo	$950,500	$288	68
8459 Lindamar Ln	0.37mi	3/3.5 (-1)	3,088 (-0%)	8mo	$455,000	$147	67
53871 Jewell Rd	0.61mi	4/3.5	3,064 (-1%)	2mo	$679,000	$222	64
54581 Black Hills Ln	0.18mi	4/3.5	3,462 (+12%)	4mo	$900,000	$260	64
53284 Wolf Dr	0.40mi	3/2.0 (-1)	3,142 (+2%)	12mo	$340,000	$108	62
53402 Wolf Dr	0.38mi	3/2.5 (-1)	3,078 (-0%)	18mo	$365,000	$119	61
54583 Deadwood Lane Ln	0.19mi	4/3.5	3,285 (+6%)	20mo	$848,900	$258	60
54583 DEADWOOD LANE Ln	0.24mi	4/3.5	3,285 (+6%)	20mo	$848,900	$258	58
8176 Bellman	0.70mi	4/2.5	3,083 (-0%)	18mo	$410,000	$133	52
54678 Black Hills Ln	0.23mi	4/3.5	3,526 (+14%)	14mo	$860,000	$244	50
11702 Forest Glen Ln	0.71mi	3/2.5 (-1)	3,100 (+0%)	20mo	$788,000	$254	45
7474 Connies Dr	0.72mi	4/3.5	2,700 (-13%)	9mo	$658,000	$244	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -6.6%
• Equity multiple: 0.75×
• Total profit: $-33,975
• Equity at exit: $73,726

10-year hold

• IRR: 3.0%
• Equity multiple: 1.21×
• Total profit: $29,651
• Equity at exit: $42,752

Cash invested: $138,449 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48316

• Active inventory: 167
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $4,950 medium
• Mortgage (P&I): −$2,593
• Tax from tax record: −$386 /mo · $4,630/yr
• Insurance: −$206
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,040
• Net cashflow: $726

Break-even live

Break-even rent $4,031

Max offer price $494,460

Occupancy floor 80%

Sensitivity live

Price	-10% $1,006	-5% $866	+0% $726	+5% $586	+10% $446
Rent	-10% $335	-5% $530	+0% $726	+5% $921	+10% $1,117
Rate	-1.0pp $975	-0.5pp $851	base $726	+0.5pp $598	+1.0pp $467

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $123,615
• Closing costs: $14,834
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
55740 Beacon Shore Dr Utica, MI	5.0	4.0	3385	$4,950	$1.46	2d	1	1.48mi

Listing history 37 events

1. 2026-06-18
   days on market $494,460 Active 29 DOM
2. 2026-06-17
   days on market $494,460 Active 28 DOM
3. 2026-06-16
   days on market $494,460 Active 27 DOM
4. 2026-06-15
   days on market $494,460 Active 26 DOM
5. 2026-06-13
   days on market $494,460 Active 24 DOM
6. 2026-06-13
   days on market $494,460 Active 23 DOM
7. 2026-06-09
   days on market $494,460 Active 20 DOM
8. 2026-06-08
   days on market $494,460 Active 19 DOM
9. 2026-06-07
   days on market $494,460 Active 18 DOM
10. 2026-06-04
    days on market $494,460 Active 15 DOM
11. 2026-06-03
    days on market $494,460 Active 14 DOM
12. 2026-06-02
    days on market $494,460 Active 13 DOM
13. 2026-06-01
    pricedays on market $494,460 Active 12 DOM
14. 2026-05-31
    days on market $523,480 Active 11 DOM
15. 2026-05-21
    listed $523,480 Active 1905-char remark

    Show marketing remark (1905 chars)

    Classic colonial charm meets tasteful modern updates in this spacious 4-bedroom, 2 full bath, 1 half bath home located in desirable Shelby Township. Filled with character, warmth, and timeless appeal, this well-loved home has only been owned by 3 families throughout its history - a true testament to the memories and care shared within these walls. From the grand curved staircase and elegant foyer - the perfect space for a stunning Christmas tree centerpiece during the holidays - to the rich hardwood flooring and inviting living spaces, this home offers the ideal blend of traditional charm and comfortable modern living. Wide open spaces both indoors and outdoors make this property perfect for hosting family gatherings, holiday celebrations, and entertaining year-round. Subtle updates throughout complement the home's classic design while still leaving room for your own personal touch. The spacious layout creates a warm and welcoming atmosphere, while the backyard provides plenty of room to relax, play, and enjoy nature. Mature fruit trees add a special touch to the outdoor space, creating a peaceful setting to enjoy Michigan summers and fall harvests alike. Whether you're gathering around with loved ones, making holiday memories, or simply enjoying quiet evenings at home, this property is ready for its next chapter. Bring the warmth, laughter, and life back to a home that has been cherished for generations. Conveniently located near parks, shopping, dining, and award-winning Utica Community Schools, this is a rare opportunity to own a truly special home in the heart of Shelby Township. BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times. Please send all offers in one PDF. Thank you!

16. 2026-05-21
    listed $523,480 Active

    Show marketing remark (1905 chars)

    Classic colonial charm meets tasteful modern updates in this spacious 4-bedroom, 2 full bath, 1 half bath home located in desirable Shelby Township. Filled with character, warmth, and timeless appeal, this well-loved home has only been owned by 3 families throughout its history - a true testament to the memories and care shared within these walls. From the grand curved staircase and elegant foyer - the perfect space for a stunning Christmas tree centerpiece during the holidays - to the rich hardwood flooring and inviting living spaces, this home offers the ideal blend of traditional charm and comfortable modern living. Wide open spaces both indoors and outdoors make this property perfect for hosting family gatherings, holiday celebrations, and entertaining year-round. Subtle updates throughout complement the home's classic design while still leaving room for your own personal touch. The spacious layout creates a warm and welcoming atmosphere, while the backyard provides plenty of room to relax, play, and enjoy nature. Mature fruit trees add a special touch to the outdoor space, creating a peaceful setting to enjoy Michigan summers and fall harvests alike. Whether you're gathering around with loved ones, making holiday memories, or simply enjoying quiet evenings at home, this property is ready for its next chapter. Bring the warmth, laughter, and life back to a home that has been cherished for generations. Conveniently located near parks, shopping, dining, and award-winning Utica Community Schools, this is a rare opportunity to own a truly special home in the heart of Shelby Township. BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times. Please send all offers in one PDF. Thank you!

17. 2026-05-20
    historical $523,480 1905-char remark

    Show marketing remark (1905 chars)

    Classic colonial charm meets tasteful modern updates in this spacious 4-bedroom, 2 full bath, 1 half bath home located in desirable Shelby Township. Filled with character, warmth, and timeless appeal, this well-loved home has only been owned by 3 families throughout its history - a true testament to the memories and care shared within these walls. From the grand curved staircase and elegant foyer - the perfect space for a stunning Christmas tree centerpiece during the holidays - to the rich hardwood flooring and inviting living spaces, this home offers the ideal blend of traditional charm and comfortable modern living. Wide open spaces both indoors and outdoors make this property perfect for hosting family gatherings, holiday celebrations, and entertaining year-round. Subtle updates throughout complement the home's classic design while still leaving room for your own personal touch. The spacious layout creates a warm and welcoming atmosphere, while the backyard provides plenty of room to relax, play, and enjoy nature. Mature fruit trees add a special touch to the outdoor space, creating a peaceful setting to enjoy Michigan summers and fall harvests alike. Whether you're gathering around with loved ones, making holiday memories, or simply enjoying quiet evenings at home, this property is ready for its next chapter. Bring the warmth, laughter, and life back to a home that has been cherished for generations. Conveniently located near parks, shopping, dining, and award-winning Utica Community Schools, this is a rare opportunity to own a truly special home in the heart of Shelby Township. BATVAI Please make an appointment in Showing Time. Information is deemed reliable but cannot be guaranteed for its accuracy. Independent verification should be made by the purchaser prior to closing. Licensed agent to be present at all times. Please send all offers in one PDF. Thank you!

18. 2021-01-19
    soldstatus $349,000
19. 2020-12-29
    status Pending 907-char remark

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

20. 2020-12-29
    status Pending

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

21. 2020-12-29
    soldstatus $349,000 Sold 907-char remark

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

22. 2020-12-29
    soldstatus $349,000 Closed

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

23. 2020-12-02
    historical Accepting Backup Offers

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

24. 2020-12-02
    historical Accepting Backup Offers 907-char remark

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

25. 2020-10-19
    price $349,000

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

26. 2020-10-19
    price $349,000 907-char remark

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

27. 2020-10-02
    listed $354,900 Active 907-char remark

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

28. 2020-10-02
    listed $354,900 Active

    Show marketing remark (907 chars)

    Best priced home in the area for 3,105 Sqft ($112.40 per sqft) Welcome Home to this spacious colonial sitting on a large corner lot with full vinyl fenced yard with a 12 ft opening to park and store boats, campers or any toys & 8 fruit trees! This home has 4 large bedrooms (possibly 5 with if needed 1 on first floor), 2.5 bathrooms, office perfect for working at home and with partially finished basement. Master bedroom has a sitting area with fridge and coffee bar. Updated kitchen open to the large living room with fireplace and door wall leading to the back yard. Enjoy the convenience of the central vacuum through out and first floor laundry. This home has been beyond well taken care of with multiple updates. Updates include Furnace, Air Conditioner, Half bathroom, Kitchen, Sub pump with Back up, Insolated Garage door and so much more. Play set & shed will stay with the property.

29. 2011-11-14
    soldstatus $209,000
30. 2011-10-17
    soldstatus $209,000
31. 2011-10-17
    soldstatus $209,000
32. 2011-10-14
    soldstatus $209,000
33. 2011-09-13
    historical
34. 2011-09-13
    historical
35. 2010-12-23
    listed $219,895
36. 2010-12-23
    listed $219,895
37. 2010-12-23
    listed $219,895

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $4,630 · $386/mo
• Projected year-2 tax: $6,122 · $510/mo
• Expected delta: +$1,492/yr (+$124/mo · 32.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $59,400
• − Mortgage interest: −$27,697
• − Property taxes: −$4,630
• − Insurance: −$2,472
• − Repairs & maintenance: −$4,752
• − Management: −$4,752
• − Depreciation: −$14,384
• Taxable income: $712
• Est. tax owed @ 24.0%: −$171
• After-tax cash flow: $8,537/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Utica Community Schools
• NCES district ID: 2634470
• Math proficiency: 38% ▼ -13.00%
• Reading proficiency: 53% ▼ -7.00%
• Median HH income: $65,953
• Composite: 40.52/100
• National rank: #3709
• State rank: #126 of 540 in MI

Livability — Shelby

• Score: 70/100
• State rank: #324
• US rank: #7973

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 28,355

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 3% Two or more races 3% Asian 3% Black 2%
• Common ancestry: Romanian 16% Lithuanian 4% Slovak 3%
• Foreign-born: 12% · Canada, China, South Korea
• Languages at home: 83% English-only · Other Indo-European 6% Russian/Polish/Slavic 4% Spanish 2%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -200.39%
• Current HPI: 186.8397
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+138.1% since first listed

23 events — show timeline

• 2026-05-21 Listed $523,480 MiRealSource-MiMLS
• 2026-05-21 Listed $523,480 REALCOMP
• 2026-05-20 Coming Soon $523,480 MiRealSource-MiMLS
• 2021-01-19 Sold (Public Records) $349,000 Public Records
• 2020-12-29 Pending — REALCOMP
• 2020-12-29 Pending — MiRealSource-MiMLS
• 2020-12-29 Sold (MLS) $349,000 MiRealSource-MiMLS
• 2020-12-29 Sold (MLS) $349,000 REALCOMP
• 2020-12-02 Contingent — MiRealSource-MiMLS
• 2020-12-02 Contingent — REALCOMP
• 2020-10-19 Price Changed $349,000 MiRealSource-MiMLS
• 2020-10-19 Price Changed $349,000 REALCOMP
• 2020-10-02 Listed $354,900 MiRealSource-MiMLS
• 2020-10-02 Listed $354,900 REALCOMP
• 2011-11-14 Sold (Public Records) $209,000 Public Records
• 2011-10-17 Sold (MLS) $209,000 MiRealSource-MiMLS
• 2011-10-17 Sold (MLS) $209,000 REALCOMP
• 2011-10-14 Sold (MLS) $209,000 MiRealSource-MiMLS
• 2011-09-13 Listing Removed — MiRealSource-MiMLS
• 2011-09-13 Listing Removed — MiRealSource-MiMLS
• 2010-12-23 Listed $219,895 MiRealSource-MiMLS
• 2010-12-23 Listed $219,895 MiRealSource-MiMLS
• 2010-12-23 Listed $219,895 REALCOMP

Property tax history

+2.6%/yr

Latest (2025): $4,630 · -2.9% YoY. Source: county tax records.