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Hillsdale 49274
3221 TOTEM TR
$197,000
● House - Off Market

3221 TOTEM TR

Reading, MI 49274
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,312 Ft²
$231,038
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Ranch home with association access to Long Lake. Fantasic front porch with gas fireplace for those cozy Michigan winters. One owner home- lots of pride and love with home construction and layout.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$152
Property Type
House
Property Taxes
$141
HOA Dues
$8
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #21097801)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Jun 2, 2021 Listed by Five Star Real Estate $199,900
Listed by Five Star Real Estate
Oct 3, 1998 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,312
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,081
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOTEM VILLAGE
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 86 & S 12 FT LOT 87 TOTEM VILLAGE SEC 8 T7S R4W

Neighborhood

  • School District Name: Reading Community Schools
  • Census Tract: 050400

Zoning

  • Zoning: ZONING

Geography

  • District: 10
  • Parcel: 10-140-001-153
  • Lot: 86,S,87
  • Meridian: SEC 08 TWN 07S RNG 04W
  • Municipality: READING TWP
  • Latitude: 41.8802
  • Longitude: -84.7902

    Address

  • Full Address: 3221 Totem Trl
  • Address - House Number: 3221
  • Address - Street Name: Totem
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: Reading
  • Carrier Code: R002
  • 4-Digit Zip Code: 9226
  • Zip Code: 49274

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,839

    Appraisal Valuation

  • Standard Deviation: 0.2767
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 246,752
  • High Value: 315,046
  • Low Value: 178,459

    Market Valuation

  • Market Total Value: $221,054
  • Market Land Value: $13,744
  • Market Improvement Value: $207,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 03, 1998
  • Previous Sale Contract Date: Oct 03, 1998
  • Previous Sale Amount: $8,000
  • 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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: TIMOTHY CREECH, Five Star Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21097801
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 3221 Totem Trail built and last sold?
The property at 3221 Totem Trail was built in 1999 and last sold on Jul 30, 2021 for $197,000.
How much is this home worth?
The estimated value of the home located at 3221 Totem Trail is $0.
What are some comparable homes to 3221 Totem Trail?
There are currently no comparable homes to 3221 Totem Trail.
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