16242 Oaktree Ln
Romulus, MI 48174
- 3 Beds
- 2 Baths
- 936 sqft
3 Beds
2 Baths
936 sqft
Home Value
Trulia Estimate
$176KSince last month
Decreased$2K (-1.2%)Since last year
Decreased$1K (-0.6%)Since last sale
Increased$151K (+584.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +126% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $177K |
| July 2026 | $173K |
| June 2026 | $180K |
| May 2026 | $182K |
| April 2026 | $176K |
| March 2026 | $175K |
| February 2026 | $172K |
| January 2026 | $165K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $61,993 | 08/27/25 | 3 | 2 | 1,300 | |
0.03 | Single-Family Home | $227,000 | 01/09/26 | 4 | 2 | 2,255 | |
0.19 | Single-Family Home | $190,000 | 04/29/26 | 3 | 2 | 1,164 | |
0.33 | Single-Family Home | $179,900 | 01/09/26 | 3 | 1.5 | 1,238 | |
0.39 | Single-Family Home | $204,900 | 05/06/26 | 3 | 1.5 | 1,250 | |
0.35 | Single-Family Home | $100,000 | 07/22/26 | 3 | 1 | 816 | |
0.56 | Single-Family Home | $115,000 | 02/27/26 | 3 | 2 | 1,032 | |
0.36 | Single-Family Home | $107,300 | 02/17/26 | 3 | 1 | 816 | |
0.34 | Single-Family Home | $167,000 | 12/29/25 | 3 | 1 | 950 | |
0.45 | Single-Family Home | $197,000 | 02/20/26 | 3 | 1.5 | 1,259 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $227,000 | 4 | 2 | 2,255 | Recently Sold | |
0.09 | $135,000 | 3 | 1 | 2,112 | For Sale | |
0.11 | $232,100 | 3 | 1.5 | 1,104 | Off Market | |
0.11 | $196,400 | 3 | 1 | 1,143 | Off Market | |
0.08 | $197,200 | 3 | 1.5 | 1,176 | Off Market | |
0.11 | $221,400 | 4 | 1.5 | 1,496 | Off Market | |
0.10 | $326,200 | 4 | 3 | 2,016 | Off Market | |
0.13 | $225,000 | 3 | 1.5 | 1,644 | For Sale | |
0.15 | $241,500 | 3 | 1.5 | 1,810 | Off Market | |
0.13 | $187,300 | 2 | 2 | 1,248 | Off Market | |
0.17 | $157,100 | 2 | 1 | 852 | Off Market | |
0.15 | $260,100 | 3 | 1.5 | 1,540 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1990
Living Area
936 sqft
Price/Sqft
$188
Parking
Garage
About this House
24 HOUR NOTICE REQUIRED. SHORT SALE APPROVED. BUYER WILL GET A WELL MAINTAINED HOME WITH MANY UPDATES INCLUDING SKYLIGHTS IN LIVING ROOM/KITCHEN, MECHANICS GARAGE, A NEW PATIO, APPLIANCES ARE NEGOTIABLE, JUST MINUTES FROM THE AIRPORT, BUYER TO PAY $295 SHORT SALE PROCESSING FEE TO LIST BROKERAGE AT CLOSE, BUYER MUST ORDER/PAY FOR CITY INSPECTION; SOLD "AS IS". TERMS, CONDITIONS, COMMISSIONS SUBJECT TO LENDER APPROVAL.Brokered And Advertised By: BHM PROPERTIES & INVESTMENTS INCListing Agent: TINA FISHER
16242 Oaktree Ln, Romulus, MI 48174 is a 3 bedroom, 2 bathroom, 936 sqft single-family home built in 1990. It last sold for $25,900 on May 8, 2012. It is currently off market. The Trulia Estimate is $176,000, with a rent estimate of $1,533/month.
Home Details for 16242 Oaktree Ln
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1990 |
Property Type / Style Property Type: Single Family HomeArchitecture: ranch |
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Exterior Home Features Exterior: Vinyl |
Parking & Garage GarageParking: Garage Attached |
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Lot Area: 6882 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 8, 2012 Source: N/A | Sold | $25,900 |
Dec 20, 2011 Source: Agent Provided | PriceChange | $25,900 Price decreased by 26% |
Dec 16, 2011 Source: Agent Provided | Listed For Sale | $34,900 |
Jul 11, 2002 Source: N/A | Sold | $114,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $89,100 |
Home facts updated by county records
Market trends in Romulus
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
67
1MoM
Around this home
What Locals Say about Romulus
At least 243 Trulia users voted on each feature.
88 % Say car is needed
82 % Say yards are well-kept
81 % Say parking is easy
73 % Say it's dog friendly
64 % Say kids play outside
64 % Say there's holiday spirit
62 % Say it's quiet
62 % Say there are sidewalks
55 % Say people would walk alone at night
47 % Say there's wildlife
47 % Say streets are well-lit
43 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
34 % Say it's walkable to restaurants
27 % Say there are community events
21 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 16242 Oaktree Ln
- What is 16242 Oaktree Ln estimated to be worth?Trulia's estimated value for 16242 Oaktree Ln in Romulus, MI is $176,000.
- What is the price history for 16242 Oaktree Ln?16242 Oaktree Ln in Romulus, MI last sold for $25,900 in May 2012.
- Is Romulus a buyer's or seller's market?Romulus is currently a seller's market, based on recent for-sale activity.
- What do residents say about Romulus?Residents describe Romulus, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Romulus, MI.
- How big is the lot at 16242 Oaktree Ln?The lot at 16242 Oaktree Ln in Romulus, MI is about 0.16 acres (6,882 sq ft).
- Does 16242 Oaktree Ln have a garage?Yes, 16242 Oaktree Ln in Romulus, MI has a garage.