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Mendon 49072
219 Lane Avenue
$220,000
● House - Off Market

219 Lane Avenue

Mendon, MI 49072
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,910 Ft²
$1,248
Est. Monthly
8.09%
Cap Rate

About This Property

A rare find in Village of Mendon! Sitting on a double lot, this elegant home has an immense amount of square feet that belies the appearance from the street. 3 bedrooms up with upper bath and more than 1600 sq ft on the main level. A formal living room, formal dining room are just both off the kitchen and a full bath is adjacent leading to a large family room with door to canopied deck. Family room is currently being used as a master bedroom with sitting area, so can be used as either. Many cool features to this home and basement was even used as living area until water heater break, but water heater was newly installed in 2023, so basement is available for new flooring as you see fit.  Great landscaped backyard with privacy fence and less than a block from elementary school! Nice home!
Unit Size
2,910 Ft²
Days on Market
42 days
Land Size
0.37 acres
Price per sqft
$74
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
-

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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 #25016322)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
Apr 23, 2025 In contract -
In contract
Apr 18, 2025 Listed by HG Real Estate $214,900
Listed by HG Real Estate
Nov 9, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 840
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 2,145
  • Building Area: 2,145
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,145
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYMANS ADDITION TO THE VILLAGE OF MENDON
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 8 & 9 BLK 8 LYMAN'S ADD. VIL OF MENDON.

Neighborhood

  • School District Name: Mendon Community School District
  • School Tax School District: MENDON
  • Census Tract: 041000

Zoning

  • Zoning: VIL RES

Geography

  • District: 044
  • Parcel: 044-100-015-00
  • Block: 8
  • Lot: 8-9
  • Municipality: MENDON VILLAGE
  • Latitude: 42.0108
  • Longitude: -85.4526

    Address

  • Full Address: 219 Lane St
  • Address - House Number: 219
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: MI
  • City Name: Mendon
  • Carrier Code: R013
  • 4-Digit Zip Code: 9630
  • Zip Code: 49072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $51,558

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 223,594
  • High Value: 278,227
  • Low Value: 168,962

    Market Valuation

  • Market Total Value: $151,000
  • Market Land Value: $6,400
  • Market Improvement Value: $144,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,500
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $72,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2011
  • Current Sale Recording Date: Nov 09, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 19, 2011
  • Previous Sale Contract Date: Feb 19, 2011
  • 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 Mendon

Stats & Trends

Median Asking:

$159,900

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

52

Average Home Size

1913 ft²

Average Home Age

86 years

Currently For Sale

1 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: Garrett Hall, HG Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25016322
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 219 Lane Avenue built and last sold?
The property at 219 Lane Avenue was built in and last sold on Oct 21, 2011 for $108,500.
How much is this home worth?
The estimated value of the home located at 219 Lane Avenue is $0.
What are some comparable homes to 219 Lane Avenue?
There are currently no comparable homes to 219 Lane Avenue.
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