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Adrian 49221
114 Renfrew Avenue
$172,500
● House - Off Market

114 Renfrew Avenue

Adrian, MI 49221
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,584 Ft²
$177,758
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Come check out this pristine home in Adrian College subdivision. This home offers new windows, a new driveway, fenced-in backyard, two car garage, large storage shed, beautiful landscaping, newer roof, a cozy deck, updated kitchen and bathroom, and so much more! As you step inside you're welcomed into the living room where you can enjoy some down time getting comfy on the couch. All three bedrooms and bath are up the stairs off the living room. Towards the back of the house you'll find the updated kitchen, a door to the backyard and stairs to the basement. The basement is partially finished, perfect for extra living space, craft area, or whatever you desire! There's so much to see, come check it out for yourself!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$109
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1972

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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 #23003486)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Feb 3, 2023 Listed by ERA REARDON REALTY, L.L.C. $172,500
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 10
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 855
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTRIDGE SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 72 WESTRIDGE SUB 1

Neighborhood

  • School District Name: Adrian City School District
  • School Tax School District: SCH: 46010
  • Census Tract: 061500

Zoning

  • Zoning: R-3

Geography

  • District: XA0
  • Parcel: XA0-810-0072-00
  • Lot: 72
  • Municipality: ADRIAN CITY
  • Latitude: 41.8996
  • Longitude: -84.0658

    Address

  • Full Address: 114 Renfrew Ave
  • Address - House Number: 114
  • Address - Street Name: Renfrew
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Adrian
  • Carrier Code: C021
  • 4-Digit Zip Code: 1808
  • Zip Code: 49221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.108
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 89
  • Final Value: 171,503
  • High Value: 190,035
  • Low Value: 152,972

    Market Valuation

  • Market Total Value: $162,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,200

    Exemptions

  • Homeowner Exemption: Yes
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 Adrian

Stats & Trends

Median Asking:

$171,500

Sale Price/ft²

$127

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1120 ft²

Average Home Age

124.3 years

Currently For Sale

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

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Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Katherine Stewart, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23003486
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 114 Renfrew Avenue built and last sold?
The property at 114 Renfrew Avenue was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 114 Renfrew Avenue is $0.
What are some comparable homes to 114 Renfrew Avenue?
There are currently no comparable homes to 114 Renfrew Avenue.
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