Returned Equity

4882 Proctor, Detroit, MI 48210

Public records show this home is assessed 71% above what it sold for. Owners can appeal an assessment that is above market value.

Sold March 2026$35,000
Assessed at$59,800
Above the sale price71%
Est. saving / year~$1,066

The saving assumes the assessment is cut to the sale price.

How to appeal in Detroit

Detroit mails 2027 assessment notices in early 2027. You can ask the Assessor for a review, then protest to the March Board of Review. Owners who bought in 2026 are most exposed: the taxable value resets to the assessed value the year after a sale. Official appeal page.

Parcel 18012615. Sale: arm's-length, March 2026. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied. This is not legal or tax advice.

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