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Litchfield 49252
112 CLAY
$77,500
● House - Off Market

112 CLAY

Litchfield, MI 49252
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$129,319
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Located in the quiet town of Litchfield this "ready to move in" home offers new appliances, new windows (2017 - with a Lifetime Warranty), new hot water heater (2015), new flooring (2018) and a new roof (2016).  The updated  kitchen opens to a large dining/living area and the newer patio doors open to a freshly painted deck over looking the back yard.  The home owners are offering a 1 year ERA Home Protection plan.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$56
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21052706)

Price History

Date / Event Date Event Price
Dec 17, 2018 Sold
Premium
Sold
Dec 6, 2018 No longer available -
No longer available
Oct 12, 2018 Listed by EXIT REALTY 1ST LLC $85,000
Listed by EXIT REALTY 1ST LLC
Sep 10, 2018 Listed by EXIT REALTY 1ST LLC $85,000
Listed by EXIT REALTY 1ST LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSESSORS PLAT
  • Land Acres: 0000000300
  • Standard Land Use Code: 1006
  • County Land Use Code: 401
  • Mobile Home Indicator: T
  • Legal Description 1: W1/2 W1/2 LOT 254 & 255 ASSESSORS PLAT SEC 15 T5S R4W NW1/4 CITY OF LITCHFIELD

Neighborhood

  • School District Name: Litchfield Community Schools
  • Census Tract: 050300

Geography

  • District: 19
  • Parcel: 19-040-001-461
  • Lot: 254,255
  • Meridian: SEC 15 TWN 05S RNG 04W
  • Municipality: CITY OF LITCHFIELD
  • Latitude: 42.0385
  • Longitude: -84.7597

    Address

  • Full Address: 112 Clay St
  • Address - House Number: 112
  • Address - Street Name: Clay
  • Address - Suffix Type: St
  • State: MI
  • City Name: Litchfield
  • Carrier Code: R052
  • 4-Digit Zip Code: 9669
  • Zip Code: 49252

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54,153

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 97,134
  • High Value: 131,477
  • Low Value: 62,790

    Market Valuation

  • Market Total Value: $47,024
  • Market Land Value: $9,287
  • Market Improvement Value: $37,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: 55
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 Litchfield

Stats & Trends

Median Asking:

$198,950

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2012 ft²

Average Home Age

111 years

Currently For Sale

2 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

Rentals Near You

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MichRIC

Listed by: Lori Wood, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21052706
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 112 Clay Street built and last sold?
The property at 112 Clay Street was built in 1993 and last sold on Dec 14, 2018 for $77,500.
How much is this home worth?
The estimated value of the home located at 112 Clay Street is $0.
What are some comparable homes to 112 Clay Street?
There are currently no comparable homes to 112 Clay Street.
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