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Single Family ResidenceResidential
$207,910$132 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $88,000 on Apr 15, 2011

20040 OLYMPIA

REDFORD, MI 48240
2 / 1
Baths
1,570 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.48 ac
Lot SizeThe size of the land the home sits on, from county records.
1954
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$208K
$191K low$225K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$88,000 · Apr 15, 2011
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$137,510
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$110,008
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.35%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$70,400
FIFTH THIRD MORTGAGE MI LLC · P · recorded Apr 15, 2011

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,798 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$128,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$128,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$257,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyWayne
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1982
Lot (acres)The size of the land the home sits on, from county records.0.48
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
MacGowan Elementary School
Elementary · Grades KG–1 · 1.2 mi
H
Redford Union High SchoolC+
High · Grades 9–12 · 1.3 mi
M
Hilbert Middle SchoolB-
Middle · Grades 6–8 · 2.1 mi

District: Redford Union School District

Neighborhood · ZIP 48240These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.75
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.18,000
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,831 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,272
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,003
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

20040 Olympia measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 92% of homes in Redford 48240
  • Bigger than 93% of homes in Redford 48240
  • Has a bigger lot than 96% of homes in Redford 48240
  • Newer than 79% of homes in Redford 48240

What homes are worth in Redford 48240

Each bar is how many homes fall in that price range. The marker is this home.

This home
$65K$248K

This home is worth more than 92% of homes in Redford 48240.

How it measures up in Redford 48240

The dot is this home. The mark in the middle is the typical home in Redford 48240.

Estimated value$207,910
CheaperTypical $140,622Pricier

Pricier than 92% of homes nearby

Price per ft²$132
CheaperTypical $133Pricier

Pricier than 50% of homes nearby

Living area1,570 ft²
SmallerTypical 1,040 ft²Bigger

Bigger than 93% of homes nearby

Lot size0.48 ac
SmallerTypical 0.13 acBigger

Bigger than 96% of homes nearby

Year built1954
OlderTypical 1952Newer

Newer than 79% of homes nearby

How 20040 Olympia ranks against every home in each area.
MeasureThis homeRedford 48240Wayne County
Estimated valuepricier than$207,91092% of homes62% of homes
Price per ft²pricier than$13250% of homes49% of homes
Living areabigger than1,570 ft²93% of homes69% of homes
Lot sizebigger than0.48 ac96% of homes95% of homes
Year builtnewer than195479% of homes61% of homes

About 20040 Olympia

How much is 20040 Olympia, Redford, MI worth?

The TopHap Estimate for 20040 Olympia, Redford, MI is $207,910 as of Jul 14, 2026. The likely range is $191,108 to $224,712. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 20040 Olympia, Redford, MI last sell?

20040 Olympia, Redford, MI last sold on Apr 15, 2011 for $88,000, according to the county's recorded deed.

How big is 20040 Olympia, Redford, MI?

20040 Olympia, Redford, MI has 2 bathrooms, 1,570 square feet of living space and a 0.48-acre lot.

When was 20040 Olympia, Redford, MI built?

20040 Olympia, Redford, MI was built in 1954, making it 72 years old. It is a ranch home. The building has 1 story.

What schools serve 20040 Olympia, Redford, MI?

20040 Olympia, Redford, MI is assigned to MacGowan Elementary School (elementary); Redford Union High School (high), rated C+; Hilbert Middle School (middle), rated B-. All sit in Redford Union School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 20040 Olympia, Redford, MI compare to other homes in Redford 48240?

Among the 7,336 homes in Redford 48240, it is worth more than 92% of them ($207,910 against a typical $140,622), its price per square foot is higher than 50% of them ($132 against a typical $133), it is bigger than 93% of them (1,570 ft² against a typical 1,040 ft²), its lot is bigger than 96% of them (0.48 ac against a typical 0.13 ac) and it is newer than 79% of them (1954 against a typical 1952). Measured against all of Wayne County, it is worth more than 62% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 20040 Olympia, Redford, MI?

The 2023 property tax bill for 20040 Olympia, Redford, MI was $2,798. The county assessed it at $128,700.

Closest homes

More homes in Redford 48240

Assigned schools

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