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Hillsdale 49233
14361 Limerick Lane
$290,000
● House - Off Market

14361 Limerick Lane

Cement City, MI 49233
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,232 Ft²
$290,386
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Stately Colonial with association access to beautiful Lake Somerset, a private all-sports lake!  This 4 bedroom, 2.5 bath home offers over 2,200 square feet of finished living space with wide open spaces, an eat-in kitchen, plus formal dining room, both living and family rooms, and finished lower level walkout with recreation room..  Situated on a large corner lot with beautiful landscaping and fabulous composite decking.  Extra large attached garage with lots of storage areas for all the toys.  Hurry, won't last long!  Come see this one today!
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$130
Property Type
House
Property Taxes
$189
HOA Dues
$13
Year Built
1997

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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 #23011530)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
Apr 17, 2023 Listed by EXP Realty $289,900
Listed by EXP Realty
Nov 19, 2013 Sold
Premium
Sold
Nov 7, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 650
  • Total Building Area: 936
  • Gross Building Area: 1,872
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE SOMERSET - ROLLING MEADOWS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 143 LAKE SOMERSET - ROLLING MEADOWS SEC 12 T5S R1W

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050101

Zoning

  • Zoning: RL1

Geography

  • District: 04
  • Parcel: 04-210-001-145
  • Lot: 143
  • Meridian: SEC 12 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0558
  • Longitude: -84.3767

    Address

  • Full Address: 14361 Limerick Ln
  • Address - House Number: 14361
  • Address - Street Name: Limerick
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Cement City
  • Carrier Code: R032
  • 4-Digit Zip Code: 9046
  • Zip Code: 49233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,611

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 298,333
  • High Value: 367,032
  • Low Value: 229,633

    Market Valuation

  • Market Total Value: $228,661
  • Market Land Value: $6,305
  • Market Improvement Value: $222,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,090

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 600215
  • Previous Sale Recording Date: Jul 10, 2023
  • Previous Sale Contract Date: Jun 29, 2023
  • Previous Sale Amount: $290,000
  • 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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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 13915 Grandpoint Drive, Cement City, MI, 49233

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,056 ft²
13915 Grandpoint Drive, Cement City, MI, 49233 Listing by ERIC ROPP

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: BRYON GOUGH, EXP Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23011530
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 14361 Limerick Lane built and last sold?
The property at 14361 Limerick Lane was built in 1997 and last sold on Jun 29, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 14361 Limerick Lane is $0.
What are some comparable homes to 14361 Limerick Lane?
There are currently no comparable homes to 14361 Limerick Lane.
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