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Calhoun 49068
14674 15 Mile Road
$295,000
● House - Off Market

14674 15 Mile Road

Marshall, MI 49068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,593 Ft²
$1,729
Est. Monthly
4.96%
Cap Rate

About This Property

[https://site.windowstill.com/14674-15-Mile-Rd](https://site.windowstill.com/14674-15-Mile-Rd) Call Matt for a look! One-owner, well-maintained 3-bed, 2-bath ranch on 2 acres just down the road from Ford's new Blue Oval Battery Plant. This solid home features new carpet in the spacious living room, hardwood flooring in key areas, and an updated bathroom with high-end finishes. The well-appointed kitchen connects to a convenient main-floor laundry. Enjoy a quiet rural setting with mature trees, a large backyard, and room to garden, play, or expand. Attached 2-stall garage adds storage and ease. Country feel with city access-don't miss it!
Unit Size
1,593 Ft²
Days on Market
38 days
Land Size
2.02 acres
Price per sqft
$188
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1960

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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 #25013537)

Price History

Date / Event Date Event Price
May 12, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Apr 4, 2025 Listed by Real Estate One Rosemary Davis $299,900
Listed by Real Estate One Rosemary Davis

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 1,393
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 227,819
  • Total Building Area: 1,593
  • Gross Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,593
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MLL TWP SEC 22 T2S-R6W PART OF W 1/2 OF NW 1/4 BEG AT NW COR, TH S 88 DEG 26MIN E 233.08 FT, TH S 895.68 FT, TH W 233 FT, TH

Neighborhood

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

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: CV
  • District: 16
  • Parcel: 16-220-039-00
  • Meridian: SEC 22 TWN 02S RNG 06W
  • Municipality: MARSHALL TWP
  • Latitude: 42.2882
  • Longitude: -85.0031

    Address

  • Full Address: 14674 15 Mile Rd
  • Address - House Number: 14674
  • Address - Street Name: 15 Mile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Marshall
  • Carrier Code: R005
  • 4-Digit Zip Code: 9662
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $292,543

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 290,515
  • High Value: 357,923
  • Low Value: 223,107

    Market Valuation

  • Market Total Value: $233,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,800

    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 Calhoun

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1829 ft²

Average Home Age

73.1 years

Currently For Sale

333 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: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25013537
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 14674 15 Mile Road built and last sold?
The property at 14674 15 Mile Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 14674 15 Mile Road is $299,949.
What are some comparable homes to 14674 15 Mile Road?
There are currently no comparable homes to 14674 15 Mile Road.
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