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Manchester 48158
427 Territorial Road
$185,000
● House - Off Market

427 Territorial Road

Manchester, MI 48158
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,733 Ft²
$304,366
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Great curb appeal for this charming 2 story home located in the quaint Village of Manchester.  4 Bedroooms, spacious 2 car heated garage, beautiful family room with brick fireplace-bricks reclaimed from Manchester Brick Yard, main floor bedroom and laundry. Complete new roof fall of 2016. All on 1 acre fronting on 2 streets so potential to split is there! Tons of potential!,   Primary Bath
Unit Size
1,733 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$115
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1920

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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 #23100879)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Feb 1, 2018 Listed by ERA Reardon Realty $199,900
Listed by ERA Reardon Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 4
  • 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: 308
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,846
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - PM 16-511-012-00 MA 1-77 COM AT NW COR OF E 1/2 OF NW1/4 OF SEC 11,TH E 132 FT ON N LN OF SEC TO POB, TH S 330 FT,

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-16-11-203-012
  • Block: 203
  • Meridian: SEC 11 TWN 04S RNG 03E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1458
  • Longitude: -84.045

    Address

  • Full Address: 427 Territorial Rd
  • Address - House Number: 427
  • Address - Street Name: Territorial
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R005
  • 4-Digit Zip Code: 8669
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $231,798
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 302,696
  • High Value: 359,831
  • Low Value: 245,561

    Market Valuation

  • Market Total Value: $241,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2018
  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6425787
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

Rentals Near You

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MichRIC

Listed by: Nicolette Kennedy, ERA Reardon Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23100879
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 427 Territorial Road built and last sold?
The property at 427 Territorial Road was built in 1920 and last sold on May 10, 2018 for $185,000.
How much is this home worth?
The estimated value of the home located at 427 Territorial Road is $0.
What are some comparable homes to 427 Territorial Road?
There are currently no comparable homes to 427 Territorial Road.
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