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Albion 49224
409 Perry Street
$13,000
● House - Off Market

409 Perry Street

Albion, MI 49224
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,768 Ft²
$24,027
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Property is being sold As Is and is subject to HUD Guidelines. Guidelines 24 CFR 206.125. Looking for a 4 bedroom home, 2 full baths, 2 car detached garage, front covered porch, full walkout basement, close to Albion College? Call Jimmy Criteser for more information. .
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$7
Property Type
House
Property Taxes
$146
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 #14064275)

Price History

Date / Event Date Event Price
Jun 10, 2019 Sold
Premium
Sold
Apr 15, 2019 Listed by RE/MAX Perrett Associates $195,000
Listed by RE/MAX Perrett Associates
Oct 12, 2018 Sold
Premium
Sold
Sep 13, 2018 No longer available -
No longer available
Aug 14, 2018 Listed by RE/MAX Perrett Associates $98,000
Listed by RE/MAX Perrett Associates
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • 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: 984
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,881
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 542
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALBION CITY ORIGINAL
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALBION CITY, ORIGINAL PLAT BLK 30 LOT 9

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: ALBION
  • Census Tract: 003400

Zoning

  • Zoning: R3C

Geography

  • District: 51
  • Parcel: 51-000-509-00
  • Block: 30
  • Lot: 9
  • Municipality: ALBION CITY
  • Latitude: 42.2462
  • Longitude: -84.7477

    Address

  • Full Address: 409 Perry St
  • Address - House Number: 409
  • Address - Street Name: Perry
  • Address - Suffix Type: St
  • State: MI
  • City Name: Albion
  • Carrier Code: C005
  • 4-Digit Zip Code: 1855
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,252

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 63
  • Final Value: 169,994
  • High Value: 213,423
  • Low Value: 126,565

    Market Valuation

  • Market Total Value: $87,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 12, 2018
  • Previous Sale Contract Date: Oct 04, 2018
  • Previous Sale Amount: $65,000
  • 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 Albion

Stats & Trends

Median Asking:

$135,000

Sale Price/ft²

$103

Below Asking

0.07%

Average Days on Market

73

Average Home Size

1494 ft²

Average Home Age

105 years

Currently For Sale

15 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: Jim Criteser, RE/MAX Perrett Associates
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 14064275
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 409 Perry Street built and last sold?
The property at 409 Perry Street was built in 1900 and last sold on Jun 4, 2019 for $195,000.
How much is this home worth?
The estimated value of the home located at 409 Perry Street is $0.
What are some comparable homes to 409 Perry Street?
There are currently no comparable homes to 409 Perry Street.
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