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Washtenaw 48158
15698 Ely Road
$215,000
● House - Off Market

15698 Ely Road

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,376 Ft²
$324,335
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Beautiful country home on 5 plus acres, positioned on a quiet setting in Manchester Township. This large farmhouse offers large spacious rooms with high ceilings. Three bedrooms 1.5 baths with additional space for another large bath. A well cared for home which is move in ready for your growing family. Main floor laundry off of a large kitchen with space available for that family kitchen table. Large formal dining room for all those family diners and celebrations. Large master suite in upper level over looking the scenic landscape. More space available in a partially finished lower level with walkout.  Large country barn in back yard for all your needed storage.,   Primary Bath, Rec Room: Partially Finished, Rec Room: Finished
Unit Size
2,376 Ft²
Days on Market
-
Land Size
5.47 acres
Price per sqft
$93
Property Type
House
Property Taxes
$362
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 #23085492)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Jun 11, 2019 Listed by Keller Williams Ann Arbor $221,200
Listed by Keller Williams Ann Arbor
Nov 7, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,459
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 238,273
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005470
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - P 16-028-049-00 MA 28-20B COM AT SE COR OF SEC, TH N 0DEG 14' W1001.74 FT ALONG E LINE OF SEC & CENTERLINE OF ELY

Neighborhood

  • School District Name: Clinton Community Schools
  • School Tax School District: CLINTON
  • Census Tract: 431000

Zoning

  • Zoning: AR AGR

Geography

  • District: P
  • Parcel: P -16-28-400-005
  • Block: 400
  • Meridian: SEC 28 TWN 4S RNG 3E
  • Municipality: MANCHESTER TWP
  • Latitude: 42.0923
  • Longitude: -84.0699

    Address

  • Full Address: 15698 Ely Rd
  • Address - House Number: 15698
  • Address - Street Name: Ely
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R002
  • 4-Digit Zip Code: 9649
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,059
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 334,737
  • High Value: 397,920
  • Low Value: 271,555

    Market Valuation

  • Market Total Value: $267,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6482374
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Nov 02, 2016
  • Previous Sale Amount: $175,000
  • 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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23085492
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 15698 Ely Road built and last sold?
The property at 15698 Ely Road was built in and last sold on Aug 9, 2019 for $215,000.
How much is this home worth?
The estimated value of the home located at 15698 Ely Road is $0.
What are some comparable homes to 15698 Ely Road?
There are currently no comparable homes to 15698 Ely Road.
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