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Lenawee 49220
16208 Sanford Road
$175,000
● House - Off Market

16208 Sanford Road

Addison, MI 49220
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,495 Ft²
$202,634
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Welcome home! Immerse yourself in the 4 acres of rolling hills and wildlife within this wooded parcel. There are also existing trails within the parcel for walking through the more dense areas. Come inside to enjoy a fire in one of the two wood burning fireplaces! Home has hardwood floors and there are 3 bedrooms with 2 full size baths. In addition, there is a walk-out basement to the beautiful outdoors and walking distance to detached garage and large pole barn (both with cement floors - 32 x 32 garage and 40 x 48 pole barn). In addition, a large deck on back of home as well. Whether a second home for an outdoor enthusiast or a primary residence for a family, this home will not last long. Call today for a showing!,   Primary Bath
Unit Size
1,495 Ft²
Days on Market
55 days
Land Size
4.00 acres
Price per sqft
$100
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1972

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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: 2 years ago (MichRIC MLS #23087281)

Price History

Date / Event Date Event Price
Oct 7, 2020 Sold
Premium
Sold
Jul 28, 2020 Listed by Keller Williams Ann Arbor Mrkt $149,900
Listed by Keller Williams Ann Arbor Mrkt
Aug 17, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,460
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD BEG 735.71 FT N 85 DEG 30'W FROM E-1/4 POST SEC 21 RUNN TH N 85 DEG 30'W 417.44 FT TH N 3 DEG 11'E 417.44 FT TH S 85 DEG 30'E 417.44 FT TH S 3 DEG 11'W 417.44 FT TO POB SEC 21 - 4 ACRES

Neighborhood

  • School District Name: Addison Community Schools
  • School Tax School District: SCH: 46020
  • Census Tract: 060401

Geography

  • District: WD0
  • Section: 21
  • Parcel: WD0-121-2850-00
  • Municipality: WOODSTOCK TWP
  • Latitude: 42.0234
  • Longitude: -84.3094

    Address

  • Full Address: 16208 Sanford Rd
  • Address - House Number: 16208
  • Address - Street Name: Sanford
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Addison
  • Carrier Code: R021
  • 4-Digit Zip Code: 9724
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $202,879

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 77
  • Final Value: 235,668
  • High Value: 277,370
  • Low Value: 193,966

    Market Valuation

  • Market Total Value: $162,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 17, 1995
  • Previous Sale Contract Date: Aug 17, 1995
  • Previous Sale Amount: $105,500
  • Previous Sale Document Type: 27
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: Julie Childers, Keller Williams Ann Arbor Mrkt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23087281
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 16208 Sanford Road built and last sold?
The property at 16208 Sanford Road was built in 1972 and last sold on Sep 21, 2020 for $175,000.
How much is this home worth?
The estimated value of the home located at 16208 Sanford Road is $159,491.
What are some comparable homes to 16208 Sanford Road?
There are currently no comparable homes to 16208 Sanford Road.
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