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Single Family ResidenceResidential
$65,012$63 / 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 84How 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 $7,100 on Jan 5, 2015

388 PALMERSTON ST

RIVER ROUGE, MI 48218
1
Baths
1,026 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.
3,920 ft²
Lot SizeThe size of the land the home sits on, from county records.
1967
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$65K
$54K low$76K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$7,100 · Jan 5, 2015
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.$8,812
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$7,050
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.84%
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.$56,200
CHASE BANK USA NA · recorded Apr 22, 2008

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,347 (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.$42,500 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$42,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$85,000

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
Lot (acres)The size of the land the home sits on, from county records.0.09
HeatingThe type of heating system in the home.Forced Air

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.

M
Clarence B. Sabbath Middle SchoolD+
Middle · Grades 6–8 · 0.3 mi
E
Ann Visger Elementary SchoolD-
Elementary · Grades PK–5 · 0.5 mi
H
River Rouge High SchoolC-
High · Grades 9–12 · 0.6 mi

District: River Rouge School District

Neighborhood · ZIP 48218These 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.165
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

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.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.5.9%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.38%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.7,223
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,752 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$33,816
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$49,857
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

388 Palmerston St 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 less than 87% of homes in Wayne County
  • Costs less per square foot than 85% of homes in Wayne County
  • Smaller than 73% of homes in Wayne County
  • Has a smaller lot than 90% of homes in Wayne County
  • Newer than 94% of homes in River Rouge 48218

What homes are worth in River Rouge 48218

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

This home
$42K$186K

This home is worth more than 27% of homes in River Rouge 48218.

How it measures up in River Rouge 48218

The dot is this home. The mark in the middle is the typical home in River Rouge 48218.

Estimated value$65,012
CheaperTypical $76,708Pricier

Pricier than 27% of homes nearby

Price per ft²$63
CheaperTypical $67Pricier

Pricier than 41% of homes nearby

Living area1,026 ft²
SmallerTypical 1,164 ft²Bigger

Bigger than 33% of homes nearby

Lot size3,920 ft²
SmallerTypical 3,485 ft²Bigger

Bigger than 53% of homes nearby

Year built1967
OlderTypical 1924Newer

Newer than 94% of homes nearby

How 388 Palmerston St ranks against every home in each area.
MeasureThis homeRiver Rouge 48218Wayne County
Estimated valuepricier than$65,01227% of homes13% of homes
Price per ft²pricier than$6341% of homes15% of homes
Living areabigger than1,026 ft²33% of homes27% of homes
Lot sizebigger than3,920 ft²53% of homes10% of homes
Year builtnewer than196794% of homes78% of homes

About 388 Palmerston St

How much is 388 Palmerston St, River Rouge, MI worth?

The TopHap Estimate for 388 Palmerston St, River Rouge, MI is $65,012 as of Jul 14, 2026. The likely range is $54,430 to $75,594. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 388 Palmerston St, River Rouge, MI last sell?

388 Palmerston St, River Rouge, MI last sold on Jan 5, 2015 for $7,100, according to the county's recorded deed.

How big is 388 Palmerston St, River Rouge, MI?

388 Palmerston St, River Rouge, MI has 1 bathrooms, 1,026 square feet of living space and a 0.09-acre lot.

When was 388 Palmerston St, River Rouge, MI built?

388 Palmerston St, River Rouge, MI was built in 1967, making it 59 years old. It is a ranch home. The building has 1 story.

What schools serve 388 Palmerston St, River Rouge, MI?

388 Palmerston St, River Rouge, MI is assigned to Clarence B. Sabbath Middle School (middle), rated D+; Ann Visger Elementary School (elementary), rated D-; River Rouge High School (high), rated C-. All sit in River Rouge School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 388 Palmerston St, River Rouge, MI compare to other homes in River Rouge 48218?

Among the 2,537 homes in River Rouge 48218, it is worth more than 27% of them ($65,012 against a typical $76,708), its price per square foot is higher than 41% of them ($63 against a typical $67), it is bigger than 33% of them (1,026 ft² against a typical 1,164 ft²), its lot is bigger than 53% of them (3,920 ft² against a typical 3,485 ft²) and it is newer than 94% of them (1967 against a typical 1924). Measured against all of Wayne County, it is worth more than 13% 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 388 Palmerston St, River Rouge, MI?

The 2023 property tax bill for 388 Palmerston St, River Rouge, MI was $1,347. The county assessed it at $42,500.

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Closest homes

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Assigned schools

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See this home in context

Open 388 Palmerston Ston TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

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