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Wayne 48239 Western View
13991 Marion Street
$165,900
● House - Off Market

13991 Marion Street

Redford, MI 48239
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,278 Ft²
$1,160
Est. Monthly
6.69%
Cap Rate

About This Property

This adorable ranch, with loads of character and charm, is ready for its' new owners! Step into a cozy and inviting living room, with beautiful hardwood floors, that leads into the dining area and quaint kitchen. A three-seasons porch with windows all around, looks out into the sprawling, fenced-in backyard, with an extra lot to accommodate your kiddos or pets. Two spacious bedrooms, also with original hardwood floors, and a full bath round out the main level. With nearby parks, and easy access to highways, the location of this home is highly desirable. Just in time for the New Year, welcome home to 13991 Marion St!
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$135
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1949

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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: 2 years ago (MichRIC MLS #23142830)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Premium
Sold
Nov 21, 2023 Listed by ERA REARDON - BROOKLYN $172,900
Listed by ERA REARDON - BROOKLYN
Sep 11, 2018 Sold
Premium
Sold
Jul 8, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 20
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 312
  • Garage Type: 7
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDLE CLUB SUB
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 20G355 356 LOTS 355 AND 356 ALSO THE E 1/2 OF ADJ VAC ALLEY B. E. TAYLORS GOLF AND BRIDLE CLUB SUB T1S R10E L58 P80 WCR

Neighborhood

  • School District Name: South Redford School District
  • School Tax School District: SOUTH REDFORD
  • Census Tract: 554800

Geography

  • District: 79
  • Section: 01
  • Parcel: 79 027 01 0355 000
  • Lot: 355-356
  • Municipality: REDFORD TWP
  • Latitude: 42.3869
  • Longitude: -83.2933

    Address

  • Full Address: 13991 Marion
  • Address - House Number: 13991
  • Address - Street Name: Marion
  • State: MI
  • City Name: Redford
  • Carrier Code: C032
  • 4-Digit Zip Code: 2841
  • Zip Code: 48239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $129,750
  • Tax Rate Code Area: 82140

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 169,962
  • High Value: 192,605
  • Low Value: 147,319

    Market Valuation

  • Market Total Value: $152,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20343
  • Previous Sale Recording Date: Sep 11, 2018
  • Previous Sale Contract Date: Sep 05, 2018
  • Previous Sale Amount: $127,000
  • 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 Redford

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1295 ft²

Average Home Age

78.5 years

Currently For Sale

14 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: Alicia Dickens, ERA REARDON - BROOKLYN
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23142830
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 13991 Marion built and last sold?
The property at 13991 Marion was built in 1949 and last sold on Dec 28, 2023 for $165,900.
How much is this home worth?
The estimated value of the home located at 13991 Marion is $0.
What are some comparable homes to 13991 Marion?
There are currently no comparable homes to 13991 Marion.
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