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Calhoun 49068
13853 15 Mile Road
$265,000
● House - Off Market

13853 15 Mile Road

Marshall, MI 49068
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,128 Ft²
$1,591
Est. Monthly
3.36%
Cap Rate

About This Property

CALL LORI STURDEVANT FOR YOUR OPPORTUNITY TO TOUR THIS WELL MAINTAINED BRICK RANCH IN MARSHALL TWP. Appealing 2-bedroom, 2-bath home in a highly convenient location! This efficient home features beautiful hardwood floors, w/a main floor laundry closet for added ease. Basement offers additional common space with a cozy fireplace, plus a bonus room perfect for a den or home office. Utility room still has hook-ups for laundry. Additional storage rooms. Backyard offers a spacious deck with awning to enjoy peaceful views of farmland, & pretty landscaped gardens. Hot tub hook-up. A detached garage offers excellent space for a workshop or storage for all the yard equipment & adventure toys.  Wonderful blend of comfortable living & convenience while enjoying a bit of country charm.
Unit Size
2,128 Ft²
Days on Market
61 days
Land Size
0.52 acres
Price per sqft
$132
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1957

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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 #25018495)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Premium
Sold
May 7, 2025 In contract -
In contract
Apr 29, 2025 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $279,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Jun 23, 2000 Sold
Premium
Sold
Oct 31, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,419
  • Garage Type: 7
  • Garage Square Area: 950
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,061
  • Total Building Area: 1,419
  • Gross Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VINCENT MEADOWS
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: VINCENT MEADOWS LOT 2

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003800

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: CV
  • District: 16
  • Parcel: 16-470-006-00
  • Lot: 2
  • Meridian: TWN 2S RNG 6W
  • Municipality: MARSHALL TWP
  • Latitude: 42.273
  • Longitude: -85.0036

    Address

  • Full Address: 13853 15 Mile Rd
  • Address - House Number: 13853
  • Address - Street Name: 15 Mile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Marshall
  • Carrier Code: R005
  • 4-Digit Zip Code: 8514
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $249,072

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 218,479
  • High Value: 269,172
  • Low Value: 167,785

    Market Valuation

  • Market Total Value: $172,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2000
  • Current Sale Recording Date: Jun 23, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 31, 1997
  • Previous Sale Contract Date: Oct 31, 1997
  • Previous Sale Amount: $96,500
  • 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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1825 ft²

Average Home Age

73.3 years

Currently For Sale

332 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: Lori Sturdevant, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25018495
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 13853 15 Mile Road built and last sold?
The property at 13853 15 Mile Road was built in 1957 and last sold on Jun 23, 2000 for $115,000.
How much is this home worth?
The estimated value of the home located at 13853 15 Mile Road is $0.
What are some comparable homes to 13853 15 Mile Road?
There are currently no comparable homes to 13853 15 Mile Road.
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