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Manchester 48158
315 Territorial Street
$180,000
● House - Off Market

315 Territorial Street

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,482 Ft²
$264,453
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Nestled on a quiet street with shade trees, this three-bedroom one and a half bath two story, nicely landscaped home makes a great place to raise your family. Relax on your deck as you watch your kids play in your fenced in backyard. Coved ceilings in the living and dining rooms along with a gas fireplace add character and style. Relax or entertain in your finished basement family room. Storing your lawn equipment in a dedicated building allows you to park your vehicles in the detached two car garage. The historical charm of Manchester makes a great place to call home. Built in Safe in Lower Level., Rec Room: Finished
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$121
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1946

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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 #23102105)

Price History

Date / Event Date Event Price
Aug 7, 2020 Sold
Premium
Sold
Jun 28, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Keller Williams Ann Arbor $179,900
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 600
  • 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: 9,888
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HANSBERGERS ADD
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - PM 16-511-019-00 MA V 1-83 COM AT NW COR OF E 1/2 OF NW1/4, TH S 33FT IN THE W LINE OF E 1/2 OF NW 1/4, TH E 918 FT

Neighborhood

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

Zoning

  • Zoning: R-1B SI

Geography

  • District: P
  • Parcel: PM-16-11-203-002
  • Block: 203
  • Lot: 8
  • Meridian: SEC 11 TWN 4S RNG 3E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1459
  • Longitude: -84.0421

    Address

  • Full Address: 315 Territorial Rd
  • Address - House Number: 315
  • Address - Street Name: Territorial
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R005
  • 4-Digit Zip Code: 9692
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $202,192
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 236,650
  • High Value: 275,644
  • Low Value: 197,657

    Market Valuation

  • Market Total Value: $177,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6535308
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $180,000
  • 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 Manchester

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$176

Below Asking

0.04%

Average Days on Market

66

Average Home Size

7854 ft²

Average Home Age

85.3 years

Currently For Sale

8 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

Unit for rent at 1005 E Duncan Street, MI, 48158

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,019 ft²
1005 E Duncan Street #1D, MI, 48158 Listing by Judy McDonald
Unit for rent at 600 E Duncan Street, MI, 48158

$824 /mo

  • 1 Bed
  • 1 Bath
600 E Duncan Street, MI, 48158 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23102105
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 315 Territorial Road built and last sold?
The property at 315 Territorial Road was built in 1946 and last sold on Aug 3, 2020 for $182,000.
How much is this home worth?
The estimated value of the home located at 315 Territorial Road is $185,292.
What are some comparable homes to 315 Territorial Road?
There are currently no comparable homes to 315 Territorial Road.
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