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Single Family ResidenceResidential
$610,417$204 / 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 90How 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 $565,000 on Nov 14, 2023

48231 RIVER WAY DR

CANTON, MI 48187
3 / 1
Baths
2,997 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.
0.45 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$610K
$549K low$671K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$565,000 · Nov 14, 2023
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.$163,117
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$130,494
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.73%
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.$447,300
JPMORGAN CHASE BANK NA · recorded Jul 23, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,063 (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.$308,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$279,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$617,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWayne
Lot (acres)The size of the land the home sits on, from county records.0.45
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
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
Dodson Elementary SchoolA
Elementary · Grades KG–5 · 1.0 mi
M
Liberty Middle SchoolA-
Middle · Grades 6–8 · 1.4 mi
H
Plymouth High SchoolA
High · Grades 9–12 · 2.0 mi

District: Plymouth-Canton Community Schools

Neighborhood · ZIP 48187These 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.43
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.30

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.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.52,144
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,888 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$114,752
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$135,004
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

48231 River Way Dr 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 97% of homes in Wayne County
  • Costs more per square foot than 83% of homes in Wayne County
  • Bigger than 96% of homes in Wayne County
  • Has a bigger lot than 94% of homes in Wayne County
  • Newer than 93% of homes in Wayne County

What homes are worth in Canton 48187

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

This home
$192K$834K

This home is worth more than 87% of homes in Canton 48187.

How it measures up in Canton 48187

The dot is this home. The mark in the middle is the typical home in Canton 48187.

Estimated value$610,417
CheaperTypical $393,477Pricier

Pricier than 87% of homes nearby

Price per ft²$204
CheaperTypical $204Pricier

Pricier than 50% of homes nearby

Living area2,997 ft²
SmallerTypical 1,966 ft²Bigger

Bigger than 85% of homes nearby

Lot size0.45 ac
SmallerTypical 0.21 acBigger

Bigger than 90% of homes nearby

Year built2000
OlderTypical 1979Newer

Newer than 82% of homes nearby

How 48231 River Way Dr ranks against every home in each area.
MeasureThis homeCanton 48187Wayne County
Estimated valuepricier than$610,41787% of homes97% of homes
Price per ft²pricier than$20450% of homes83% of homes
Living areabigger than2,997 ft²85% of homes96% of homes
Lot sizebigger than0.45 ac90% of homes94% of homes
Year builtnewer than200082% of homes93% of homes

About 48231 River Way Dr

How much is 48231 River Way Dr, Canton, MI worth?

The TopHap Estimate for 48231 River Way Dr, Canton, MI is $610,417 as of Jul 14, 2026. The likely range is $549,378 to $671,456. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48231 River Way Dr, Canton, MI last sell?

48231 River Way Dr, Canton, MI last sold on Nov 14, 2023 for $565,000, according to the county's recorded deed.

How big is 48231 River Way Dr, Canton, MI?

48231 River Way Dr, Canton, MI has 3 bathrooms, 2,997 square feet of living space and a 0.45-acre lot.

When was 48231 River Way Dr, Canton, MI built?

48231 River Way Dr, Canton, MI was built in 2000, making it 26 years old. The building has 2 stories.

What schools serve 48231 River Way Dr, Canton, MI?

48231 River Way Dr, Canton, MI is assigned to Dodson Elementary School (elementary), rated A; Liberty Middle School (middle), rated A-; Plymouth High School (high), rated A. All sit in Plymouth-Canton Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48231 River Way Dr, Canton, MI compare to other homes in Canton 48187?

Among the 15,200 homes in Canton 48187, it is worth more than 87% of them ($610,417 against a typical $393,477), its price per square foot is higher than 50% of them ($204 against a typical $204), it is bigger than 85% of them (2,997 ft² against a typical 1,966 ft²), its lot is bigger than 90% of them (0.45 ac against a typical 0.21 ac) and it is newer than 82% of them (2000 against a typical 1979). Measured against all of Wayne County, it is worth more than 97% 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 48231 River Way Dr, Canton, MI?

The 2023 property tax bill for 48231 River Way Dr, Canton, MI was $8,063. The county assessed it at $308,700.

Closest homes

More homes in Canton 48187

Assigned schools

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