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Lenawee 49233
18471 W US 12
$222,000
● House - Off Market

18471 W US 12

Cement City, MI 49233
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,430 Ft²
$351,158
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

This 4 bedroom 2 bath home has a lot to offer. Large eat in Kitchen with 2 tier island with room for bar stools. Built-in storage pantry against the wall with desk . Open concept living room with bay window, mudroom, main floor laundy .  The Lower level family room  has a dry bar and walk out. The Property, which is  just shy of 4 acres comes with a private pond,  2 car detatched garage  with large finished area great for a man cave or media room . Pole Barn, which also  has plenty of room for more storage. Could be used as an office, MIL suite , guest house. -possibilities are endless.  The Main Home is wired for generator . Pole Barn works off of Propane.  This property comes with a APHW  home warranty..  Schedule your showing today. BRING ALL REASONABLE OFFERS. SELLER VERY MOTIVATED!
Unit Size
2,430 Ft²
Days on Market
-
Land Size
3.36 acres
Price per sqft
$99
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1958

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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 #21050851)

Price History

Date / Event Date Event Price
Nov 25, 2019 Sold
Premium
Sold
Jul 9, 2019 Listed by Key Realty One $239,900
Listed by Key Realty One
Jul 9, 1997 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 964
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 146,362
  • Total Building Area: 3,864
  • Building Area: 3,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 3,864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 3
  • Property Class: R
  • Subdivision: CITY
  • Land Acres: 0000003360
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD COMM AT INTERSEC OF W LI OF E 1/2 OF SE 1/4 SEC 7 AND CTR LI HWY US-112 BEING 1456 FT N FROM SW COR OF E 1/2 OF SE 1/4 TH S 550 FT E 266 FT N 550 FT W 266 FT TO POB SEC 7

Neighborhood

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

Geography

  • District: WD0
  • Section: O
  • Parcel: WD0-107-4780-00
  • Municipality: WOODSTOCK TWP
  • Latitude: 42.048
  • Longitude: -84.3497

    Address

  • Full Address: 18471 Us Highway 12
  • Address - House Number: 18471
  • Address - Street Name: Us Highway 12
  • State: MI
  • City Name: Cement City
  • Carrier Code: R031
  • 4-Digit Zip Code: 9515
  • Zip Code: 49233

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $324,368
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 77
  • Final Value: 437,951
  • High Value: 515,448
  • Low Value: 360,455

    Market Valuation

  • Market Total Value: $402,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $201,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 09, 1997
  • Previous Sale Contract Date: Jul 09, 1997
  • Previous Sale Amount: $100
  • 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: Megan Koch, Key Realty One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21050851
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 18471 U.S. 12 built and last sold?
The property at 18471 U.S. 12 was built in 1958 and last sold on Nov 21, 2019 for $222,000.
How much is this home worth?
The estimated value of the home located at 18471 U.S. 12 is $0.
What are some comparable homes to 18471 U.S. 12?
There are currently no comparable homes to 18471 U.S. 12.
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