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Single Family ResidenceResidential
$134,804$81 / 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 66How 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 $37,000 on Oct 7, 2008

493 PALMERSTON ST

RIVER ROUGE, MI 48218
2 / 2
Baths
1,659 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
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

$135K
$89K low$181K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$37,000 · Oct 7, 2008
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.$99,175
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$79,340
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.30%
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.$35,629
PNC MORTGAGE · E · recorded Nov 21, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,373 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$76,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$62,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$153,400

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.12 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
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.0.17
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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(5)

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
Ann Visger Elementary SchoolD-
Elementary · Grades PK–5 · 0.5 mi
M
Clarence B. Sabbath Middle SchoolD+
Middle · Grades 6–8 · 0.5 mi
H
River Rouge High SchoolC-
High · Grades 9–12 · 0.8 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

493 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 more than 93% of homes in River Rouge 48218
  • Costs more per square foot than 79% of homes in River Rouge 48218
  • Bigger than 87% of homes in River Rouge 48218
  • Has a bigger lot than 94% of homes in River Rouge 48218
  • Newer than 97% 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$180K

This home is worth more than 93% 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$134,804
CheaperTypical $76,640Pricier

Pricier than 93% of homes nearby

Price per ft²$81
CheaperTypical $67Pricier

Pricier than 79% of homes nearby

Living area1,659 ft²
SmallerTypical 1,162 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.17 ac
SmallerTypical 3,485 ft²Bigger

Bigger than 94% of homes nearby

Year built1971
OlderTypical 1924Newer

Newer than 97% of homes nearby

How 493 Palmerston St ranks against every home in each area.
MeasureThis homeRiver Rouge 48218Wayne County
Estimated valuepricier than$134,80493% of homes40% of homes
Price per ft²pricier than$8179% of homes24% of homes
Living areabigger than1,659 ft²87% of homes73% of homes
Lot sizebigger than0.17 ac94% of homes65% of homes
Year builtnewer than197197% of homes81% of homes

About 493 Palmerston St

How much is 493 Palmerston St, River Rouge, MI worth?

The TopHap Estimate for 493 Palmerston St, River Rouge, MI is $134,804 as of Jul 14, 2026. The likely range is $88,554 to $181,054. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 493 Palmerston St, River Rouge, MI last sell?

493 Palmerston St, River Rouge, MI last sold on Oct 7, 2008 for $37,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 493 Palmerston St, River Rouge, MI?

493 Palmerston St, River Rouge, MI has 2 bathrooms, 1,659 square feet of living space and a 0.17-acre lot.

When was 493 Palmerston St, River Rouge, MI built?

493 Palmerston St, River Rouge, MI was built in 1971, making it 55 years old. It is a ranch home. The building has 1 story.

What schools serve 493 Palmerston St, River Rouge, MI?

493 Palmerston St, River Rouge, MI is assigned to Ann Visger Elementary School (elementary), rated D-; Clarence B. Sabbath Middle School (middle), 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 493 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 93% of them ($134,804 against a typical $76,640), its price per square foot is higher than 79% of them ($81 against a typical $67), it is bigger than 87% of them (1,659 ft² against a typical 1,162 ft²), its lot is bigger than 94% of them (0.17 ac against a typical 3,485 ft²) and it is newer than 97% of them (1971 against a typical 1924). Measured against all of Wayne County, it is worth more than 40% 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 493 Palmerston St, River Rouge, MI?

The 2025 property tax bill for 493 Palmerston St, River Rouge, MI was $1,373. The county assessed it at $76,700.

More homes on Palmerston St

Closest homes

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