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Wayne 48174 Romulus
13558 Hannan Road
$270,000
● House - Off Market

13558 Hannan Road

Romulus, MI 48174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,124 Ft²
$514,559
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Have a little piece of paradise with this lovely updated ranch on 3.27 private acres.  This property is almost completely surrounded by the Huron Metro Park with miles of walking and bike paths, 3 hole golf course, fishing and loads of picnic and play grounds.  Enjoy the large vaulted family room with fireplace and double doors to the deck that overlooks the pleasant surroundings with deer and wildlife.  The large master bedroom has double doors to the deck also with walk-in closet and bright bath area.  The basement is finished with full walkout.  The over-sized garage is a great with a workshop and could fit almost 4 cars!  This home is in an excellent location and minutes to I-94 and 275. There may be extra land available.,   Primary Bath, Rec Room: Finished
Unit Size
3,124 Ft²
Days on Market
-
Land Size
3.27 acres
Price per sqft
$93
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1997

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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 #23098823)

Price History

Date / Event Date Event Price
Jan 21, 2016 Sold
Premium
Sold
Dec 17, 2015 Sold
Premium
Sold
Sep 25, 2015 Listed by RE/MAX Platinum $289,900
Listed by RE/MAX Platinum

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,608
  • Garage Type: 7
  • Garage Square Area: 885
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 142,441
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003270
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 25A40C A41B PT OF NE 1/4 SEC 25 T3S R8E DESC AS BEG S 02D 23M 30S E 441.05 FT AND S 89D 42M 10S W 846 FT FROM NE COR OF SEC

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 588400

Zoning

  • Zoning: R1B

Geography

  • District: 83
  • Section: 25
  • Parcel: 83 097 99 0010 703
  • Lot: 0010
  • Meridian: SEC 25 TWN 03S RNG 08E
  • Municipality: VAN BUREN TWP
  • Latitude: 42.2034
  • Longitude: -83.4271

    Address

  • Full Address: 13558 Hannan Rd
  • Address - House Number: 13558
  • Address - Street Name: Hannan
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Romulus
  • Carrier Code: R001
  • 4-Digit Zip Code: 4737
  • Zip Code: 48174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,145
  • Tax Rate Code Area: 82430

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 438,729
  • High Value: 546,452
  • Low Value: 331,006

    Market Valuation

  • Market Total Value: $365,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2015
  • Current Sale Recording Date: Jan 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016048464
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 Romulus

Stats & Trends

Median Asking:

$227,400

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1464 ft²

Average Home Age

47 years

Currently For Sale

9 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: Susan E Blessing, RE/MAX Platinum
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23098823
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 13558 Hannan Road built and last sold?
The property at 13558 Hannan Road was built in 1997 and last sold on Dec 17, 2015 for $270,000.
How much is this home worth?
The estimated value of the home located at 13558 Hannan Road is $0.
What are some comparable homes to 13558 Hannan Road?
There are currently no comparable homes to 13558 Hannan Road.
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