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Saline 48176
1374 Colony Drive
$465,000
● House - Off Market

1374 Colony Drive

Saline, MI 48176
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,040 Ft²
$2,830
Est. Monthly
$22
HOA / Fees

About This Property

Perched on a scenic Northview hilltop, this home offers the perfect blend of outdoor entertaining space & future potential. A two-level deck overlooks a peaceful wooded backdrop--ideal for relaxing or hosting guests. The sun-filled living room welcomes you w/ vaulted ceilings & a striking second-level loft (perfect for a home office, craft space, or kids' retreat) & flows seamlessly into the formal dining room. The kitchen features rich wood cabinetry, granite countertops, & views of both the casual dining area & the cozy gathering room w/ focal gas fireplace. Upstairs, you'll find a spacious primary suite, two additional generously sized bedrooms, & beautifully updated baths. Main floor laundry room just off the 2 car gar. The L/L  provides an excellent opportunity to finish & build long-term equity. One of Saline's most desirable locations.
Unit Size
2,040 Ft²
Days on Market
32 days
Land Size
0.27 acres
Price per sqft
$218
Property Type
House
Property Taxes
$622
HOA Dues
$22
Year Built
1996

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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: 7 months ago (MichRIC MLS #26008222)

Price History

Date / Event Date Event Price
Apr 9, 2026 Sold
Premium
Sold
Mar 13, 2026 In contract -
In contract
Mar 5, 2026 Listed by The Charles Reinhart Company $445,000
Listed by The Charles Reinhart Company
Jun 26, 2003 Sold
Premium
Sold
Sep 19, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,240
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,193
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 790
  • Total Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHVIEW CONDOMINIUM
  • Land Acres: 0000000234
  • Standard Land Use Code: 1004
  • County Land Use Code: 407
  • Legal Description 1: M.D. L3075 P214 ****FROM 1336202018 01/27/95****FROM 1336202021 01/27/95UNIT237 NORTHVIEW CONDO

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 423400

Zoning

  • Zoning: R-1A

Geography

  • District: 18
  • Parcel: 18-13-36-288-237
  • Block: 288
  • Meridian: SEC 36 TWN 3S RNG 5E
  • Municipality: SALINE CITY
  • Latitude: 42.1838
  • Longitude: -83.793

    Address

  • Full Address: 1374 Colony Dr
  • Legal Unit: 237
  • Address - House Number: 1374
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saline
  • Carrier Code: C003
  • 4-Digit Zip Code: 1094
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,647
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 431,300
  • High Value: 500,531
  • Low Value: 362,068

    Market Valuation

  • Market Total Value: $381,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2003
  • Current Sale Recording Date: Jun 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5442529
  • Previous Sale Recording Date: Sep 19, 1996
  • Previous Sale Contract Date: Sep 16, 1996
  • Previous Sale Amount: $198,650
  • Previous Sale Document Type: 27
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 Saline

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1636 ft²

Average Home Age

41.7 years

Currently For Sale

19 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

Unit for rent at 492 Park Place, Saline, MI, 48176

$2,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,639 ft²
492 Park Place, Saline, MI, 48176 Listing by La Tanya Keith
Unit for rent at 460 W Russell St, Saline, MI, 48176

$1,053 /mo

  • 1 Bed
  • 1 Bath
460 W Russell St #50, Saline, MI, 48176 Listing by Rick Rivera
Unit for rent at 826 Kuss Drive, Saline, MI, 48176

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,453 ft²
826 Kuss Drive, Saline, MI, 48176 Listing by Kirk Glassel

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Carmen Knick, The Charles Reinhart Company
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 26008222
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 1374 Colony Drive built and last sold?
The property at 1374 Colony Drive was built in 1996 and last sold on Jun 23, 2003 for $269,900.
How much is this home worth?
The estimated value of the home located at 1374 Colony Drive is $0.
What are some comparable homes to 1374 Colony Drive?
There are currently no comparable homes to 1374 Colony Drive.
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