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6271 Island Lake Drive Brighton, MI 48116

$232,630
LOW
$270,500 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$308,400
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$270,500Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Payment Estimate
--
Baths Full
1
Rent Estimate
$1,700Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$5,270Estimated property taxes paid on an annual basis.
Sq Ft
1,755
 HomeScore
52A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
67A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Last Sale Date
09/15/2005
Style
Ranch / Rambler
Last Sale Price
$217,200
Year Built
1960

6271 Island Lake Drive is located in Brighton, MI. At this time, the property has an estimated value of $270,500 and yearly taxes of $5,270. This home has 3 bedrooms, 1 bathroom, and approximately 1,755 sqft of living space. The property was built in 1960. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $275,000.

Property History

DateEventSourcePrice

48116 Market Trends

Check out 48116 homes for sale, read the 48116 real estate news or review the 48116 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
83
Healthy

115

$357,500

90

2.2

Median Sales Price
$215,900
-4.0%
Sales (30 Days)
53
-43.0%

Brighton Public Schools

A child living at 6271 Island Lake Drive, Brighton, MI would typically attend one of the following public schools: Spencer Road Elementary School, Scranton Middle School, or Brighton High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

48116 REAL ESTATE NEWS

The 48116 zip code remained below its 12-month average sales volume this week as sales fell 10.2% to hit 53 homes sold over the last 30 days. Months of inventory is on a four-week upswing, this week h... Read More »

The 48116 zip code market saw 74 homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to 58 over the last 30 days. All indications sho... Read More »

The 48116 zip code has a cost of living adjustment score of 98.2, which is very expensive when compared to others in Michigan. Also, the area is considered very affluent with a median income of $71,61... Read More »

6271 Island Lake Drive Mortgage Information

$270k
$54k
3.81%
$1,010

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

6271 Island Lake Drive Map

Ask a local expert about this home:
JP
Professional Realty Co
Listing Agent

6271 Is Lk Dr, Brighton, MI 48116US
6271 Is Lk Dr is located in Brighton, MI. At this time, the property has an estimated value of $270,500 and yearly taxes of $5,270. This home has 3 bedrooms, 1 bathroom, and approximately 1,755 sqft of living space. The property was built in 1960. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $275,000. Joseph Prost is a Homesnap Local Expert in and around 48116.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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