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St. Joseph 49042
12881 Millers Mill Road
$165,000
● Mobile Manufactured - Off Market

12881 Millers Mill Road

Constantine, MI 49042
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,425 Ft²
$173,908
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming, manufactured home on a spacious and picturesque piece of land. This property offers the perfect blend of comfort, affordability, and natural beauty. The newer well-maintained home features 3 bedrooms and 2 bathrooms, providing ample space for you and your family. Enjoy the convenience of an open floor plan, allowing for easy flow between the living room, kitchen, and dining area. Some unique features of this property include a generator, beautiful back deck, fenced in back yard, and powered pole barn with metal roof. Located in beautiful Constantine MI, this property provides a relaxing escape from the hustle and bustle of city life while still offering easy access to essential amenities, schools, and nearby attractions.
Unit Size
1,425 Ft²
Days on Market
46 days
Land Size
0.81 acres
Price per sqft
$123
Property Type
Mobile Manufactured
Property Taxes
$137
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #23028138)

Price History

Date / Event Date Event Price
Oct 19, 2023 Sold
Premium
Sold
Sep 18, 2023 Sold
Premium
Sold
Aug 3, 2023 Listed by Five Star Real Estate-Summit $175,000
Listed by Five Star Real Estate-Summit
Jul 26, 2023 Sold
Premium
Sold
May 3, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 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: 35,284
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 160 FT OF E 700 FT OF N22 0 FT OF NE 1/4 SEC 21 T7S R12W. 0.8 A

Neighborhood

  • School District Name: Constantine Public School District
  • School Tax School District: CONSTANTINE
  • Census Tract: 041101

Geography

  • District: 003
  • Parcel: 003-021-001-40
  • Meridian: SEC 21 TWN 07S RNG 12W
  • Municipality: CONSTANTINE TOWNSHIP
  • Latitude: 41.8523
  • Longitude: -85.7042

    Address

  • Full Address: 12881 Millers Mill Rd
  • Address - House Number: 12881
  • Address - Street Name: Millers Mill
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Constantine
  • Carrier Code: R002
  • 4-Digit Zip Code: 9626
  • Zip Code: 49042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $62,259

    Appraisal Valuation

  • Standard Deviation: 0.2426
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 187,330
  • High Value: 232,784
  • Low Value: 141,876

    Market Valuation

  • Market Total Value: $160,600
  • Market Land Value: $16,400
  • Market Improvement Value: $144,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,300
  • Assessed Land Value: $8,200
  • Assessed Improvements Value: $72,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7463
  • Previous Sale Recording Date: Jul 26, 2023
  • Previous Sale Contract Date: Jul 20, 2023
  • Previous Sale Amount: $130,504
  • Previous Sale Document Type: 64
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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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: Terry Puffer, Five Star Real Estate-Summit
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23028138
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 12881 Millers Mill Road built and last sold?
The property at 12881 Millers Mill Road was built in and last sold on Oct 4, 2023 for $165,000.
How much is this home worth?
The estimated value of the home located at 12881 Millers Mill Road is $0.
What are some comparable homes to 12881 Millers Mill Road?
There are currently no comparable homes to 12881 Millers Mill Road.
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