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Manchester 48158
320 Territorial Road
$119,000
● House - Off Market

320 Territorial Road

Manchester, MI 48158
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$174,484
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

For Sales Comps only. Older well keep home in the village of Manchester. Two bedroom one bath, move in ready with one car garage-barn with work shop included. Wonderful quiet neighborhood close to all community activities, schools, parks, churches downtown and Manchester's new walking trail.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$109
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1900

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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 #23110449)

Price History

Date / Event Date Event Price
Aug 29, 2019 Sold
Premium
Sold
Aug 27, 2019 Listed by Keller Williams Ann Arbor $119,000
Listed by Keller Williams Ann Arbor

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 656
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASE S ADDITION
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - PM 16-550-010-00 MA 3-8 LOTS 16 & 17, ALSO THE E 9 FT IN WIDTH OFLOT 15, EXC ASTRIP OF LAND 2.50 FT IN WIDTH ACROSS

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-16-02-391-020
  • Block: 7
  • Lot: 15-17
  • Meridian: SEC 02 TWN 4S RNG 3E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1463
  • Longitude: -84.0421

    Address

  • Full Address: 320 Territorial Rd
  • Address - House Number: 320
  • 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: $148,102
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 191,629
  • High Value: 230,878
  • Low Value: 152,379

    Market Valuation

  • Market Total Value: $133,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6484565
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 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# 23110449
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 320 Territorial Road built and last sold?
The property at 320 Territorial Road was built in 1900 and last sold on Aug 21, 2019 for $119,000.
How much is this home worth?
The estimated value of the home located at 320 Territorial Road is $0.
What are some comparable homes to 320 Territorial Road?
There are currently no comparable homes to 320 Territorial Road.
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