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Albion 49224
1301 RASPBERRY LN
$92,500
● House - Off Market

1301 RASPBERRY LN

Albion, MI 49224
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,450 Ft²
$143,710
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Cute Albion Gem! Great ranch style house with fenced in backyard to let the kids and pets play. A fully finished basement is perfect for entertainment down while an open and spacious living area is great for entertainment up. Check it out today before its gone!
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$39
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1967

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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 #21052932)

Price History

Date / Event Date Event Price
Oct 3, 2018 Sold
Premium
Sold
Aug 10, 2018 Listed by PRODUCTION REALTY $95,000
Listed by PRODUCTION REALTY
Aug 11, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1,138
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 833
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUNTINGTON HILLS
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, HUNTINGTON HILLS SUBDIVISION LOT 47

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003500

Zoning

  • Zoning: R1B

Geography

  • District: 51
  • Parcel: 51-016-047-00
  • Lot: 47
  • Municipality: ALBION CITY
  • Latitude: 42.2604
  • Longitude: -84.7444

    Address

  • Full Address: 1301 Raspberry Ln
  • Address - House Number: 1301
  • Address - Street Name: Raspberry
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Albion
  • Carrier Code: R005
  • 4-Digit Zip Code: 9474
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $144,441

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 60
  • Final Value: 163,245
  • High Value: 208,129
  • Low Value: 118,361

    Market Valuation

  • Market Total Value: $122,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2018
  • Current Sale Recording Date: Oct 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 11, 2010
  • Previous Sale Contract Date: Jul 30, 2010
  • Previous Sale Amount: $79,900
  • 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: Becky Smith, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21052932
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 1301 Raspberry Lane built and last sold?
The property at 1301 Raspberry Lane was built in 1967 and last sold on Sep 24, 2018 for $92,500.
How much is this home worth?
The estimated value of the home located at 1301 Raspberry Lane is $0.
What are some comparable homes to 1301 Raspberry Lane?
There are currently no comparable homes to 1301 Raspberry Lane.
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