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Wayne Canton
3215 River Meadow Circle
$285,000
● House - Off Market

3215 River Meadow Circle

Canton, MI 48188
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,675 Ft²
$405,404
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Recently remolded kitchen with all new appliances, newer carpet and fresh paint through out the house. Partially finished basement with ample storage space. Sitting area on second floor provides a good space for small office or play area. Deck with lot of privacy in backyard. Easy access to highways. BATVAI,   Primary Bath, Rec Room: Partially Finished, Rec Room: Finished
Unit Size
2,675 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$112
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1996

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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 #51905)

Price History

Date / Event Date Event Price
Oct 5, 2020 Sold
Premium
Sold
Sep 3, 2020 Sold
Premium
Sold
Jul 25, 2020 Listed by IKL Real Estate LLC $299,900
Listed by IKL Real Estate LLC
Jul 28, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 973
  • Garage Type: 7
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,105
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,019
  • Building Area: 2,019
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,019
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAYNE COUNTY COND SUB
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 28H117 UNIT 117 REPLAT NO. 2 OF WAYNE COUNTY COND SUB PLAN NO. 326 AKA RIVER MEADOW T2S R8E L29433 OF DEEDS P889 TO 910 WCR

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 564503

Zoning

  • Zoning: R-5

Geography

  • District: 71
  • Section: 04
  • Parcel: 71 111 04 0117 000
  • Lot: 0117
  • Municipality: CANTON TWP
  • Latitude: 42.281
  • Longitude: -83.4968

    Address

  • Full Address: 3215 River Meadow Cir
  • Legal Unit: 117
  • Address - House Number: 3215
  • Address - Street Name: River Meadow
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Canton
  • Carrier Code: R003
  • 4-Digit Zip Code: 2339
  • Zip Code: 48188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $243,796
  • Tax Rate Code Area: 82430

    Appraisal Valuation

  • Standard Deviation: 0.2774
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 396,114
  • High Value: 506,031
  • Low Value: 286,197

    Market Valuation

  • Market Total Value: $348,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020289725
  • Previous Sale Recording Date: Jul 28, 2017
  • Previous Sale Contract Date: Jul 19, 2017
  • Previous Sale Amount: $240,000
  • 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 Canton

Stats & Trends

Median Asking:

$387,400

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2310 ft²

Average Home Age

29.3 years

Currently For Sale

26 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 1811 Maple Park Drive E, Canton, MI, 48188

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,913 ft²
1811 Maple Park Drive E, Canton, MI, 48188 Listing by Thea Tuto

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Imran K Lateef, IKL Real Estate LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 51905
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 3215 River Meadow Circle built and last sold?
The property at 3215 River Meadow Circle was built in 1996 and last sold on Aug 27, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 3215 River Meadow Circle is $0.
What are some comparable homes to 3215 River Meadow Circle?
There are currently no comparable homes to 3215 River Meadow Circle.
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