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Albion 49224
216 Miller Drive
Photo of 216 Miller Drive

9

Map

Photo of 216 Miller Drive
Photo of 216 Miller Drive
$99,900
● House - In Contract

216 Miller Drive

Albion, MI 49224
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$685
Est. Monthly

About This Property

This charming older ranch home features a spacious living room with a cozy fireplace, an open dining area, and a large kitchen ideal for cooking and entertaining. The generous fenced-in backyard offers plenty of room for outdoor activities, gardening, or relaxing. Conveniently located near Downtown Albion, you'll enjoy easy access to shopping, dining, entertainment and freeway access.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$82
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1953

Listed By

Francine Willingham
[email protected]
Willingham Real Estate, LLC

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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: 4 months ago (MichRIC MLS #26007367)

Price History

Date / Event Date Event Price
May 28, 2026 In contract -
In contract
May 9, 2026 Price Decreased $99,900
↓ $10K (9.1%)
Price Decreased
Apr 11, 2026 Price Decreased $109,900
↓ $10K (8.3%)
Price Decreased
Mar 15, 2026 Price Decreased $119,900
↓ $10K (7.7%)
Price Decreased
Feb 28, 2026 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Fireplace
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen
Appliances: Built-In Gas Oven, Cooktop
Flooring Type: Carpet, Laminate
Laundry Features: Laundry Room, Main Level
Rooms: 5
Has Fireplace
Fireplace Features: Family Room, Gas Log
Fireplaces: 1
Basement: Slab
Exterior Details
Square Footage: 1224
Architectural Style: Ranch
Year Built: 1953
Building Area Total: 1224
Window Features: Replacement, Bay/Bow
Construction Materials: Vinyl Siding
Patio and Porch Features: Porch
Lot Features: Level, Sidewalk
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9365
Lot Size Dimensions: 69X134X70X134
Water Source: Public
Financial Details
Tax Assessed Value: $48,800
Tax Annual Amount: $2,323
Utilities Details
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 2
  • 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: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,224
  • 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 47. (216 MILLER DRIVE)

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 51
  • Parcel: 51-014-047-00
  • Lot: 47
  • Municipality: ALBION CITY
  • Latitude: 42.2558
  • Longitude: -84.752

    Address

  • Full Address: 216 Miller Dr
  • Address - House Number: 216
  • 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: $83,718

    Appraisal Valuation

  • Standard Deviation: 0.467
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 6
  • Final Value: 100,452
  • High Value: 147,370
  • Low Value: 53,533

    Market Valuation

  • Market Total Value: $74,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current 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

1488 ft²

Average Home Age

107.6 years

Currently For Sale

16 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: Francine Willingham, Willingham Real Estate
Last Updated: 4 months ago
Data Source: MichRIC, MLS# 26007367
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 216 Miller Drive built and last sold?
The property at 216 Miller Drive was built in 1953 and last sold on Apr 7, 2023 for $115,000.
How much is this home worth?
The estimated value of the home located at 216 Miller Drive is $102,214.
What are some comparable homes to 216 Miller Drive?
There are currently no comparable homes to 216 Miller Drive.
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