The property at 5392 MILL RACE Way, Commerce, MI 48382, built in 2000, is a 2,366 square foot Condominium and has 3 bedrooms and 2 bathrooms. It is situated on a lot that is 14,375 square feet and was last tax assessed in 2023 for a valuation of $396,140
The estimate for this property has experienced a 0.66% increase in the past 6 months reaching a value of $517,191.
- MI
- Commerce Township
- 5392 Mill Race Way
- Parcel NumberE -17-03-435-004
- CountyOAKLAND
- Stories2
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2022 | $161,300 -13.57% |
| 2021 | $186,620 +20.20% |
| 2020 | $155,260 -1.54% |
| 2019 | $157,690 +14.43% |
| 2018 | $137,810 |
| 2017 | $137,810 +4.43% |
| 2016 | $131,960 +3.98% |
| 2015 | $126,910 |
| 2014 | $126,910 +19.92% |
| 2013 | $105,830 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $517,191 | - | - |
| Oct 2025 | $514,191 | - | - |
| Sep 2025 | $520,825 | - | - |
| Aug 2025 | $512,706 | - | - |
| Jul 2025 | $507,116 | - | - |
| Jun 2025 | $524,407 | - | - |
| May 2025 | $509,787 | - | - |
| Apr 2025 | $513,813 | - | - |
| Mar 2025 | $500,031 | - | - |
| Feb 2025 | $512,196 | - | - |
| Jan 2025 | $504,427 | - | - |
| Dec 2024 | $488,912 | - | - |
| Nov 2024 | $499,189 | - | - |
| Oct 2024 | $494,342 | - | - |
| Sep 2024 | $488,287 | - | - |
| Aug 2024 | $488,820 | - | - |
| Jul 2024 | $471,488 | - | - |
| Jun 2024 | $468,372 | - | - |
| May 2024 | $471,553 | - | - |
| Apr 2024 | $468,746 | - | - |
| Mar 2024 | $474,591 | - | - |
| Feb 2024 | $476,466 | - | - |
| Jan 2024 | $472,407 | - | - |
| Dec 2023 | $473,972 | - | - |
| Nov 2023 | $466,500 | - | - |
| Oct 2023 | $466,500 | - | - |
| Apr 2023 | $419,933 | - | - |
| Mar 2023 | $444,819 | - | - |
| Feb 2023 | $373,900 | - | - |
| Jan 2023 | $462,900 | - | - |
| Dec 2022 | $429,800 | - | - |
| Nov 2022 | $431,000 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 48382 - MI
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 24,045 | 24,045 | 1,269,045 | 335,858,263 |
| Population Density | 1,445 | 1,445 | 1,463 | 95 |
| People per Household | 2.9 | 2.9 | 2.5 | 2.6 |
| Median Age | 43.3 | 43.3 | 42.5 | 39.1 |
| Median Income | $109,691 | $109,691 | $82,437 | $66,222 |
| Average Income | $45,857 | $45,857 | $45,317 | $35,475 |
| Cost of Living Index | 117 | 117 | 97 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 14.3°F | 14.3°F | 15.9°F | 22.6°F |
| July Avg. High Temp | 81.7°F | 81.7°F | 82.3°F | 86.2°F |
| Annual Precipitation | 29.28" | 29.28" | 30.03" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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