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Albion 49224
212 Miller Drive
$68,000
● House - Off Market

212 Miller Drive

Albion, MI 49224
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,014 Ft²
$82,693
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Well loved ranch in a quiet neighborhood just minutes away from anything you need in town. Or, get on the highway within minutes too!

If someone's looking for an easy-to-maintain home with everything on one level, this is it. If someone's looking to get out of a rental and into home ownership, this is it. The appliances even get to stay with the home.

One of the best parts of this home is the large rear porch and generous back yard!
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$67
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1953

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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 #21007672)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 12, 2021 Listed by ACE Real Estate Services $68,000
Listed by ACE Real Estate Services
Oct 1, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 705
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WIENERS ASSESSORS PLAT
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, WIENERS ASSESSORS PLAT LOT 49

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003600

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-014-049-00
  • Lot: 49
  • Municipality: ALBION CITY
  • Latitude: 42.2558
  • Longitude: -84.7525

    Address

  • Full Address: 212 Miller Dr
  • Address - House Number: 212
  • Address - Street Name: Miller
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Albion
  • Carrier Code: C007
  • 4-Digit Zip Code: 1139
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $131,191

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 93,732
  • High Value: 137,511
  • Low Value: 49,952

    Market Valuation

  • Market Total Value: $65,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Contract Date: Sep 13, 2004
  • Previous Sale Amount: $59,000
  • 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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1494 ft²

Average Home Age

105 years

Currently For Sale

15 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: Joseph Verbeke, ACE Real Estate Services
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21007672
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 212 Miller Drive built and last sold?
The property at 212 Miller Drive was built in 1953 and last sold on Apr 23, 2021 for $68,000.
How much is this home worth?
The estimated value of the home located at 212 Miller Drive is $0.
What are some comparable homes to 212 Miller Drive?
There are currently no comparable homes to 212 Miller Drive.
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