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Morenci 49256
426 CENTRE
$89,000
● House - Off Market

426 CENTRE

Morenci, MI 49256
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,615 Ft²
$133,056
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Lovely City home, nice floor plan, Large open Living room, Enclosed front porch, Modern updated bathroom with new shower, kitchen with pass through to formal dining room, spacious master bedroom, large walk in closet, 3 season sun room, fenced back yard, shed for extra storage, one car garage, plus attached carport, Same owner for over 40 years, home has been well maintained over the years! City of Morenci, just 45 miles to Toledo and Jackson for commuters.
Unit Size
1,615 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$59
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1950

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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 #21048918)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Mar 14, 2020 Listed by ERA REARDON REALTY, L.L.C. $94,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EXT OF STEPHENSONS ADD
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: HOUSE AND LOT 29 EXT OF STEPHENSONS ADDITION

Neighborhood

  • School District Name: Morenci Area Schools
  • School Tax School District: SCH: 46100
  • Census Tract: 061900

Geography

  • District: XM0
  • Parcel: XM0-580-0290-00
  • Lot: 29
  • Municipality: MORENCI CITY
  • Latitude: 41.7154
  • Longitude: -84.2135

    Address

  • Full Address: 426 Centre St
  • Address - House Number: 426
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MI
  • City Name: Morenci
  • Carrier Code: C002
  • 4-Digit Zip Code: 1504
  • Zip Code: 49256

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $328,496

    Market Valuation

  • Market Total Value: $82,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current 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 Morenci

Stats & Trends

Median Asking:

$209,450

Sale Price/ft²

$100

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1489 ft²

Average Home Age

113.1 years

Currently For Sale

7 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

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MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048918
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 426 Centre Street built and last sold?
The property at 426 Centre Street was built in 1950 and last sold on Jun 26, 2020 for $89,000.
How much is this home worth?
The estimated value of the home located at 426 Centre Street is $95,444.
What are some comparable homes to 426 Centre Street?
There are currently no comparable homes to 426 Centre Street.
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