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Saline 48176
2062 Wildwood Trail
$505,000
● House - Off Market

2062 Wildwood Trail

Saline, MI 48176
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,308 Ft²
$3,476
Est. Monthly
$19
HOA / Fees
4.05%
Cap Rate

About This Property

PRICE IMPROVEMENT due to seller Relocating for work!! Nestled on a wooded lot, this home offers the perfect blend of modern style and natural tranquility. Freshly painted interior complemented by new flooring in high-traffic areas. The heart of the home is the kitchen featuring SS appliances and updated light fixtures; ideal for daily living & entertaining. Enjoy backyard views from the deck or relaxing in the hot tub off the patio. The finished basement adds versatile living space and guest suite. Additional updates include new interior doors and hardware, light fixtures, and convenient wash basin in the laundry room. Don't miss this rare opportunity to own a move-in-ready home in desirable Wildwood.
Unit Size
3,308 Ft²
Days on Market
64 days
Land Size
0.29 acres
Price per sqft
$156
Property Type
House
Property Taxes
$928
HOA Dues
$19
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25029034)

Price History

Date / Event Date Event Price
Aug 22, 2025 Sold
Premium
Sold
Aug 8, 2025 In contract -
In contract
Jul 24, 2025 Price Decreased $515,000
↓ $10K (1.9%)
Price Decreased
Jul 18, 2025 Price Decreased $525,000
↓ $14K (2.6%)
Price Decreased
Jun 30, 2025 Price Decreased $539,000
↓ $10K (1.8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,248
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,850
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALINE WILDWOOD
  • Land Acres: 0000000295
  • Standard Land Use Code: 1004
  • County Land Use Code: 407
  • Legal Description 1: M.D. L3424 P574 ****FROM 1325400007 ****FROM 1325400005 05/12/97 UNIT 80 SALINEWILDWOOD

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 423400

Zoning

  • Zoning: R-1A

Geography

  • District: 18
  • Parcel: 18-13-25-410-080
  • Block: 410
  • Meridian: SEC 25 TWN 3S RNG 5E
  • Municipality: SALINE CITY
  • Latitude: 42.1893
  • Longitude: -83.783

    Address

  • Full Address: 2062 Wildwood Trl
  • Legal Unit: 80
  • Address - House Number: 2062
  • Address - Street Name: Wildwood
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: Saline
  • Carrier Code: C004
  • 4-Digit Zip Code: 1657
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $976,838
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 511,566
  • High Value: 595,858
  • Low Value: 427,275

    Market Valuation

  • Market Total Value: $453,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2018
  • Current Sale Recording Date: Jul 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6433936
  • Previous Sale Recording Date: Apr 19, 2005
  • Previous Sale Contract Date: Apr 11, 2005
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Saline

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1636 ft²

Average Home Age

41.7 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Sharon Weintraub, Cornerstone Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25029034
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2062 Wildwood Trail built and last sold?
The property at 2062 Wildwood Trail was built in 1998 and last sold on Jul 17, 2018 for $365,000.
How much is this home worth?
The estimated value of the home located at 2062 Wildwood Trail is $0.
What are some comparable homes to 2062 Wildwood Trail?
There are currently no comparable homes to 2062 Wildwood Trail.
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