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CondominiumResidential
$613,551$213 / 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

48987 RUNNING TROUT LN

NORTHVILLE, MI 48168
4
Beds
4 / 1
Baths
2,877 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.
0.5 ac
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
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

$614K
$553K low$674K high
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.$88,551
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$70,841
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.64%
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.$340,000
US BANK NA · recorded Oct 5, 2007
2nd 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.$185,000
PROVIDENT FUNDING ASSOCIATES LP

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,311 (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.$365,300 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$365,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$730,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyWayne
Lot (acres)The size of the land the home sits on, from county records.0.50
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 423 ft²

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
Ridge Wood Elementary SchoolA-
Elementary · Grades KG–5 · 0.3 mi
H
Northville High SchoolA
High · Grades 9–12 · 1.7 mi
M
Meads Mill Middle SchoolA+
Middle · Grades 6–8 · 3.2 mi

District: Northville Public Schools

Neighborhood · ZIP 48168These 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.15
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.21,989
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,172 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$166,895
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$201,358
Average tempThe average temperature here across a full year.48°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.Yes

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

48987 Running Trout Ln 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 85% of homes in Wayne County
  • Bigger than 95% of homes in Wayne County
  • Has a bigger lot than 94% of homes in Wayne County
  • Newer than 97% of homes in Wayne County

What homes are worth in Northville 48168

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

This home
$253K$1.5M

This home is worth more than 42% of homes in Northville 48168.

How it measures up in Northville 48168

The dot is this home. The mark in the middle is the typical home in Northville 48168.

Estimated value$613,551
CheaperTypical $653,289Pricier

Pricier than 42% of homes nearby

Price per ft²$213
CheaperTypical $250Pricier

Pricier than 17% of homes nearby

Living area2,877 ft²
SmallerTypical 2,708 ft²Bigger

Bigger than 56% of homes nearby

Lot size0.5 ac
SmallerTypical 0.33 acBigger

Bigger than 79% of homes nearby

Year built2006
OlderTypical 2000Newer

Newer than 85% of homes nearby

How 48987 Running Trout Ln ranks against every home in each area.
MeasureThis homeNorthville 48168Wayne County
Estimated valuepricier than$613,55142% of homes97% of homes
Price per ft²pricier than$21317% of homes85% of homes
Living areabigger than2,877 ft²56% of homes95% of homes
Lot sizebigger than0.5 ac79% of homes94% of homes
Year builtnewer than200685% of homes97% of homes

About 48987 Running Trout Ln

How much is 48987 Running Trout Ln, Northville, MI worth?

The TopHap Estimate for 48987 Running Trout Ln, Northville, MI is $613,551 as of Jul 14, 2026. The likely range is $552,725 to $674,377. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 48987 Running Trout Ln, Northville, MI?

48987 Running Trout Ln, Northville, MI has 4 bedrooms, 4 bathrooms, 2,877 square feet of living space and a 0.50-acre lot.

When was 48987 Running Trout Ln, Northville, MI built?

48987 Running Trout Ln, Northville, MI was built in 2006, making it 20 years old. The building has 2 stories.

What schools serve 48987 Running Trout Ln, Northville, MI?

48987 Running Trout Ln, Northville, MI is assigned to Ridge Wood Elementary School (elementary), rated A-; Northville High School (high), rated A; Meads Mill Middle School (middle), rated A+. All sit in Northville Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48987 Running Trout Ln, Northville, MI compare to other homes in Northville 48168?

Among the 8,536 homes in Northville 48168, it is worth more than 42% of them ($613,551 against a typical $653,289), its price per square foot is higher than 17% of them ($213 against a typical $250), it is bigger than 56% of them (2,877 ft² against a typical 2,708 ft²), its lot is bigger than 79% of them (0.5 ac against a typical 0.33 ac) and it is newer than 85% of them (2006 against a typical 2000). 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 48987 Running Trout Ln, Northville, MI?

The 2023 property tax bill for 48987 Running Trout Ln, Northville, MI was $8,311. The county assessed it at $365,300.

Closest homes

More homes in Northville 48168

Assigned schools

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