Returned Equity

5502 Audubon, Detroit, MI 48224

Public records show this home is assessed 64% above what it sold for. Owners can appeal an assessment that is above market value.

Sold August 2025$60,000
Assessed at$98,200
Above the sale price64%
Est. saving / year~$1,643

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

We handle the appeal

Detroit's appeal window opens when 2027 assessment notices go out early in the year and closes in March 2027. Owners who bought in 2026 are most exposed: the taxable value resets to the assessed value the year after a sale. We gather the sales evidence, prepare the filing for you to sign and follow up until there is a decision. Use the form to start.

Parcel 21071908. Sale: arm's-length, August 2025. Figures come from public assessment and sales records and may be out of date; the assessor may weigh condition, renovation and other factors, and an appeal can be denied.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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