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Lenawee 49230
15601 Wheaton Road
$175,000
● House - Off Market

15601 Wheaton Road

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$180,245
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Modern Rustic Charmer describes this home best. This home has been updated from top to bottom. Roof 5 years old, New Primary bath 2021. In 2022 Hanson Lifetime windows, soffits - fascia - downspouts & gutters - front has new shake siding, both decks, Extr lights. All interior doors, Hickory Cabinets, Granite counters with lifetime warranty, Granite Sink, Black Stainless Appliance package, New interior lights throughout, Natural Slate accentand and backsplash, custom island, under and over cabinet lighting, 2nd bath completely remodeled w/ walkin, removed popcorn ceilings and a lot of new drywall walls and lastly high efficient furnace and a/c. Almost 3 acres invites you to stay and make it your own but be sure to bring your toys to fill up your new pole barn. Schedule your showing today...
Unit Size
1,144 Ft²
Days on Market
-
Land Size
2.82 acres
Price per sqft
$149
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1999

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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: 3 years ago (MichRIC MLS #22048945)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Nov 22, 2022 Listed by C-21 Affiliated - Jackson $169,900
Listed by C-21 Affiliated - Jackson
Feb 19, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 17
  • 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: 1,536
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 122,839
  • Total Building Area: 1,075
  • Building Area: 1,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002820
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: LD DES AS COMM ON N LI OF SW1/4 OF SEC 3 T5S R1E AT A PT LOC 865 FT E FROM W1/4 COR OF SEC 3 AND RUNN TH E 200 FT TH S 615 FT TH W 200 FT TH N 615 FT TO POB.

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: SCH: 38040
  • Census Tract: 060401

Geography

  • District: WD0
  • Parcel: WD0-103-3035-00
  • Meridian: SEC 03 TWN 05S RNG 01E
  • Municipality: WOODSTOCK TWP
  • Latitude: 42.066
  • Longitude: -84.3025

    Address

  • Full Address: 15601 Wheaton Rd
  • Address - House Number: 15601
  • Address - Street Name: Wheaton
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R004
  • 4-Digit Zip Code: 9161
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $174,235

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 78
  • Final Value: 239,088
  • High Value: 279,919
  • Low Value: 198,258

    Market Valuation

  • Market Total Value: $154,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 14, 2008
  • Current Sale Recording Date: Feb 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
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: BRENT JOHNSON, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22048945
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 15601 Wheaton Road built and last sold?
The property at 15601 Wheaton Road was built in 1999 and last sold on Feb 14, 2008 for $136,116.
How much is this home worth?
The estimated value of the home located at 15601 Wheaton Road is $173,425.
What are some comparable homes to 15601 Wheaton Road?
There are currently no comparable homes to 15601 Wheaton Road.
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