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Wayne 48111
10197 Rawsonville
$135,000
● House - Off Market

10197 Rawsonville

Belleville, MI 48111
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,336 Ft²
$302,097
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Attractive Looking Ranch House On A Paved Road, In A Convenient Location.  This 3 Br, 2 Bath House Sits Back From The Road With A Nicely Black-topped Winding Driveway.  It Has Newer Windows And A New Roof.  This House Offers A Cozy Family Room With An Attractive Fireplace & Wood Burning Insert That Heats A Good Portion Of The House.Has A Wonderful 11x20 Covered Porch Off The Back And A Small Barn For Your Yard Equipment. Nice Walkout Basement, Plumbed For 3rd Bath.  This House Is Supplied By Public Water.  This Is A Great Buy!!,   Primary Bath, Rec Room: Space
Unit Size
1,336 Ft²
Days on Market
-
Land Size
3.36 acres
Price per sqft
$105
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23074927)

Price History

Date / Event Date Event Price
Jan 4, 2022 Sold
Premium
Sold
Oct 27, 2021 Listed by Real Estate One $419,000
Listed by Real Estate One
Nov 24, 2014 Sold
Premium
Sold
Oct 23, 2014 Sold
Premium
Sold
Aug 27, 2014 Listed by Real Estate One $179,999
Listed by Real Estate One
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,303
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 138,085
  • Total Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 18L9B PART OF THE NW 1/4 SEC 18 T4S R8E BEG S 00D 08M 00S E 1000.83 FT FROM THE NW COR SEC 18 TH N 89D 34M 40S E 579.72 FT TH

Neighborhood

  • School District Name: Lincoln Consolidated School District
  • School Tax School District: LINCOLN
  • Census Tract: 589402

Geography

  • District: 81
  • Section: 18
  • Parcel: 81 070 99 0003 713
  • Lot: 0003
  • Meridian: SEC 18 TWN 04S RNG 08E
  • Municipality: SUMPTER TWP
  • Latitude: 42.1407
  • Longitude: -83.5398

    Address

  • Full Address: 10197 Rawsonville Rd
  • Address - House Number: 10197
  • Address - Street Name: Rawsonville
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Belleville
  • Carrier Code: R003
  • 4-Digit Zip Code: 9213
  • Zip Code: 48111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,026
  • Tax Rate Code Area: 81070

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 349,873
  • High Value: 439,482
  • Low Value: 260,265

    Market Valuation

  • Market Total Value: $207,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5129
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wayne

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$147

Above Asking

0.35%

Average Days on Market

56

Average Home Size

3015 ft²

Average Home Age

79.4 years

Currently For Sale

559 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Randall F Dieter, Real Estate One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23074927
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10197 Rawsonville Road built and last sold?
The property at 10197 Rawsonville Road was built in 1979 and last sold on Dec 30, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 10197 Rawsonville Road is $0.
What are some comparable homes to 10197 Rawsonville Road?
There are currently no comparable homes to 10197 Rawsonville Road.
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