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Tecumseh 49286
1202 Murray Drive
$195,000
● House - Off Market

1202 Murray Drive

Tecumseh, MI 49286
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$1,114
Est. Monthly
16.62%
Cap Rate

About This Property

Charming & Updated Cape Cod Home! This beautifully maintained home offers a first-floor master suite and convenient main-level laundry for easy living with spacious bathroom and modern updates throughout. Enjoy outdoor living on the adorable deck overlooking a picturesque half-acre yard-perfect for relaxing or entertaining!
Unit Size
1,160 Ft²
Days on Market
66 days
Land Size
0.55 acres
Price per sqft
$172
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1950

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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: 2 years ago (MichRIC MLS #25013448)

Price History

Date / Event Date Event Price
Jun 9, 2025 Sold
Premium
Sold
Apr 17, 2025 In contract -
In contract
Apr 4, 2025 Listed by HOWARD HANNA REAL ESTATE SERVI $199,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Dec 4, 2024 Sold
Premium
Sold
Aug 28, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $80,000
Listed by HOWARD HANNA REAL ESTATE SERVI
great opportunity to build some sweat equity!
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • 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: 23,958
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 910
  • Building Area: 910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 910
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TECUMSEH ACRES
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 134 TECUMSEH ACRES CITY OF TECUMSEH

Neighborhood

  • School District Name: Tecumseh Public Schools
  • School Tax School District: SCH: 46140
  • Census Tract: 060800

Zoning

  • Zoning: RA-2

Geography

  • District: XT0
  • Parcel: XT0-760-1340-00
  • Lot: 134
  • Municipality: TECUMSEH CITY
  • Latitude: 41.9941
  • Longitude: -83.9615

    Address

  • Full Address: 1202 Murray Dr
  • Address - House Number: 1202
  • Address - Street Name: Murray
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Tecumseh
  • Carrier Code: C006
  • 4-Digit Zip Code: 1720
  • Zip Code: 49286

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $152,246

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 70
  • Final Value: 175,639
  • High Value: 213,188
  • Low Value: 138,090

    Market Valuation

  • Market Total Value: $97,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2012
  • Current Sale Recording Date: Nov 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 08, 2009
  • Previous Sale Contract Date: Oct 07, 2009
  • Previous Sale Amount: $45,000
  • 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 Tecumseh

Stats & Trends

Median Asking:

$237,438

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1921 ft²

Average Home Age

66.9 years

Currently For Sale

11 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25013448
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 1202 Murray Drive built and last sold?
The property at 1202 Murray Drive was built in 1950 and last sold on Nov 15, 2012 for $69,000.
How much is this home worth?
The estimated value of the home located at 1202 Murray Drive is $0.
What are some comparable homes to 1202 Murray Drive?
There are currently no comparable homes to 1202 Murray Drive.
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