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Lenawee 49220
14435 Vischer Road
$179,900
● House - Off Market

14435 Vischer Road

Addison, MI 49220
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$962
Est. Monthly
13.19%
Cap Rate

About This Property

Updated and very well maintained home on a hilltop setting.  This 2 bedroom, 2 bathroom home offers 1120 sq ft of tasteful decor, most appliances, and updates of :  Roof (2023), siding (2020), windows (2020),  Kitchen cabinets & top (2024), Furnace (2020), outside wood boiler heat system (2015).  The 30x40 polebarn with 10' sided lean-to was built in 2015.  Pole barn is finished, insulated,  heated and has heated floors.  Enjoy the private, wooded setting in the gazebo while overlooking the newly dug pond.  This is a wonderful country property!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
5.65 acres
Price per sqft
$161
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
2000

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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 #25007695)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Premium
Sold
Mar 9, 2025 In contract -
In contract
Feb 27, 2025 Listed by SPROAT REALTY PROFESSIONALS $179,900
Listed by SPROAT REALTY PROFESSIONALS

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 6
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD DES AS COMM AT N1/4 COR OF SEC 23 T5S R1E TH S86^44'53"E 408.03 FT ALG N LI OF SD SEC (CNTRLI OF VISCHER RD) FOR A POB TH CONT S86^44'53"E 249.71 FT ALG THE N LI OF SD SEC TH S01^27'53"W 349.06 FT TH N86^44'53"W 249.71 FT TH N01^27'53"E 349.06 FT

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 060401

Geography

  • District: WD0
  • Parcel: WD0-123-2015-00
  • Meridian: SEC 23 TWN 05S RNG 01E
  • Municipality: WOODSTOCK TWP
  • Latitude: 42.0295
  • Longitude: -84.2744

    Address

  • Full Address: 14435 Vischer Rd
  • Address - House Number: 14435
  • Address - Street Name: Vischer
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Addison
  • Carrier Code: R021
  • 4-Digit Zip Code: 9558
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,434

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 78
  • Final Value: 111,634
  • High Value: 130,699
  • Low Value: 92,570

    Market Valuation

  • Market Total Value: $66,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,400

    Exemptions

  • Homeowner Exemption: Yes
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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

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MichRIC

Listed by: DAVID M. ALLARD, SPROAT REALTY PROFESSIONALS
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25007695
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 14435 Vischer Road built and last sold?
The property at 14435 Vischer Road was built in 2000 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 14435 Vischer Road is $0.
What are some comparable homes to 14435 Vischer Road?
There are currently no comparable homes to 14435 Vischer Road.
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