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Albion 49224
1212 Edwards Street
$82,000
● House - Off Market

1212 Edwards Street

Albion, MI 49224
bedrooms
2 Beds
bathrooms
1 Bath
square feet
860 Ft²
$97,311
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

1212 Edwards is a newly remodeled, cozy, two bedroom home on a large lot with an area for gardening. This house is move in ready and the updates include new siding, new kitchen cabinets/counters, and new flooring.
Unit Size
860 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$89
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1920

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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 #20045131)

Price History

Date / Event Date Event Price
Feb 19, 2021 Sold
Premium
Sold
Oct 22, 2020 Listed by RE/MAX Perrett Associates - Marshall $76,500
Listed by RE/MAX Perrett Associates - Marshall
Oct 29, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 716
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 964
  • Total Building Area: 860
  • Building Area: 860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER VIEW PARK SUBDIVISION
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, RIVER VIEW PARK SUBDIVISION OF A PART OF IRWINS SECOND ADD TO THECITY OF ALBION LOTS 23 & 24. (1212 EDWARDS) MCL

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003300

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-010-123-00
  • Lot: 23-24
  • Municipality: ALBION CITY
  • Latitude: 42.235
  • Longitude: -84.7567

    Address

  • Full Address: 1212 Edwards St
  • Address - House Number: 1212
  • Address - Street Name: Edwards
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C001
  • 4-Digit Zip Code: 2114
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $129,809
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 93,121
  • High Value: 136,615
  • Low Value: 49,626

    Market Valuation

  • Market Total Value: $62,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 29, 2018
  • Previous Sale Contract Date: Oct 17, 2018
  • Previous Sale Amount: $16,000
  • 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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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: Breanne Speer, RE/MAX Perrett Associates - Marshall
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 20045131
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 1212 Edwards Street built and last sold?
The property at 1212 Edwards Street was built in 1920 and last sold on Feb 4, 2021 for $82,000.
How much is this home worth?
The estimated value of the home located at 1212 Edwards Street is $77,492.
What are some comparable homes to 1212 Edwards Street?
There are currently no comparable homes to 1212 Edwards Street.
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