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Calhoun 49068
14850 22 1/2 Mile RD Road
$274,900
● House - Off Market

14850 22 1/2 Mile RD Road

Marshall, MI 49068
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,658 Ft²
$334,298
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

www.reodavis.com, Call Matt Davis, for further information or to view this home.  HIDDEN GEM.  Nestled well back off the road with lots of privacy, this modified Cape Cod style home was built in 2018.  Attractive open floor plan with large living/kitchen/dining combo with vaulted ceilings, a loft with space for an office or reading area, a full basement and great custom finishes.  All this sitting on 10 acres, close to I-94 Exit 115 for commuting and in the desirable Mar-Lee school district.  Other great features include a generous main floor owner's suite with soaking tub and separate shower, plus access to a small back sitting porch; great room with wood fireplace; kitchen island, stainless appliances and a nice mud room/laundry area off the kitchen. Lots of wonderful here!
Unit Size
1,658 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$166
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
-

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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 #21008851)

Price History

Date / Event Date Event Price
Jan 6, 2022 Sold
Premium
Sold
Dec 2, 2021 Listed by Real Estate One Rosemary Davis $349,900
Listed by Real Estate One Rosemary Davis
May 7, 2021 Sold
Premium
Sold
Mar 20, 2021 Listed by Real Estate One Rosemary Davis $274,900
Listed by Real Estate One Rosemary Davis
Oct 29, 2008 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 968
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARENGO TWP SEC 23 T2S-R5W BEG 1014' S OF N 1/4 PST TH S 344' TH W 1332' TH N344' TH TH E 1332' TO POB EXC COMM AT THE NW COR

Neighborhood

  • School District Name: Mar Lee School District
  • School Tax School District: MAR-LEE
  • Census Tract: 003800

Zoning

  • Zoning: HIGHWAY SV

Geography

  • District: 15
  • Parcel: 15-230-021-00
  • Meridian: SEC 23 TWN 02S RNG 05W
  • Municipality: MARENGO TWP
  • Latitude: 42.2872
  • Longitude: -84.8601

    Address

  • Full Address: 14850 22 1/2 Mile Rd
  • Address - House Number: 14850
  • Address - Street Name: 22 1/2 Mile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Marshall
  • Carrier Code: R003
  • 4-Digit Zip Code: 9312
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $289,262

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 73
  • Final Value: 314,746
  • High Value: 378,014
  • Low Value: 251,478

    Market Valuation

  • Market Total Value: $214,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: Apr 29, 2021
  • Previous Sale Amount: $274,900
  • 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 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

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MichRIC

Listed by: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21008851
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 14850 22 1/2 Mile Road built and last sold?
The property at 14850 22 1/2 Mile Road was built in and last sold on Dec 28, 2021 for $340,000.
How much is this home worth?
The estimated value of the home located at 14850 22 1/2 Mile Road is $345,913.
What are some comparable homes to 14850 22 1/2 Mile Road?
There are currently no comparable homes to 14850 22 1/2 Mile Road.
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