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Washtenaw 48158
20533 Logan Road
$180,000
● House - Off Market

20533 Logan Road

Manchester, MI 48158
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$1,165
Est. Monthly
12.35%
Cap Rate

About This Property

Ranch home on 2.24 beautiful acres that features 2 bedrooms, 1 bath and a large 3 car detached garage. Handicap accessible. Has a newer furnace. A new septic system will be installed prior to closing. Home needs updating. Just bring your imagination and make it your own. Close to town. HOME IS BEING SOLD 'AS IS'
Unit Size
1,328 Ft²
Days on Market
-
Land Size
2.24 acres
Price per sqft
$151
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1926

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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 #24054269)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Dec 31, 2024 In contract -
In contract
Oct 31, 2024 Relisted $200,000
Relisted
Oct 29, 2024 In contract -
In contract
Oct 15, 2024 Listed by The Charles Reinhart Company $200,000
Listed by The Charles Reinhart Company

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • 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: 1,328
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,574
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002240
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MA 12-9C (-013) COM AT S 1/4 COR SEC 12,TH N 02-56-07 E 212.67 FT,TH N 35-23-15W 660.0 FT TO POBTH N 89-52-15 W 640.91 FT,THN

Neighborhood

  • School District Name: Manchester Community Schools
  • School Tax School District: MANCHESTER
  • Census Tract: 431000

Zoning

  • Zoning: AR AGR

Geography

  • District: P
  • Parcel: P -16-12-300-017
  • Block: 300
  • Meridian: SEC 12 TWN 4S RNG 3E
  • Municipality: MANCHESTER TWP
  • Latitude: 42.1344
  • Longitude: -84.0226

    Address

  • Full Address: 20533 Logan Rd
  • Address - House Number: 20533
  • Address - Street Name: Logan
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R005
  • 4-Digit Zip Code: 8620
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,958
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 84
  • Final Value: 216,274
  • High Value: 245,027
  • Low Value: 187,521

    Market Valuation

  • Market Total Value: $157,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,850

    Exemptions

  • Homeowner Exemption: Yes
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

Rentals Near You

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MichRIC

Listed by: Shelley Scott, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24054269
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 20533 Logan Road built and last sold?
The property at 20533 Logan Road was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 20533 Logan Road is $0.
What are some comparable homes to 20533 Logan Road?
There are currently no comparable homes to 20533 Logan Road.
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