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Albion 49224
1510 Dean Road
$12,000
● House - Off Market

1510 Dean Road

Albion, MI 49224
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$35,828
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Ranch home with lots of potential....great starter in excellent location. Large yard and attached garage...needs some TLC and then look at your investment...!! Lets look at all the possibilities today. (81430
Unit Size
900 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$25
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

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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 #17031646)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Premium
Sold
Nov 17, 2023 Listed by CENTURY 21 Affiliated $84,900
Listed by CENTURY 21 Affiliated
Mar 6, 2018 Sold
Premium
Sold
Jun 27, 2017 Listed by CENTURY 21 Affiliated $22,900
Listed by CENTURY 21 Affiliated
Nov 21, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,149
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 747
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOTTA ASSESSORS PLAT
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, A A MAGNOTTAS ASSESSORS PLAT LOT 70

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003600

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-007-770-00
  • Lot: 70
  • Municipality: ALBION CITY
  • Latitude: 42.2608
  • Longitude: -84.7629

    Address

  • Full Address: 1510 Dean Dr
  • Address - House Number: 1510
  • Address - Street Name: Dean
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Albion
  • Carrier Code: C006
  • 4-Digit Zip Code: 1037
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $114,768

    Appraisal Valuation

  • Standard Deviation: 0.1134
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 79,973
  • High Value: 89,056
  • Low Value: 70,891

    Market Valuation

  • Market Total Value: $35,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,700

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Contract Date: Feb 23, 2018
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: 69
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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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: Rick Roth, CENTURY 21 Affiliated
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17031646
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 1510 Dean Drive built and last sold?
The property at 1510 Dean Drive was built in 1954 and last sold on Feb 15, 2024 for $80,000.
How much is this home worth?
The estimated value of the home located at 1510 Dean Drive is $81,676.
What are some comparable homes to 1510 Dean Drive?
There are currently no comparable homes to 1510 Dean Drive.
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