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Wayne 48111
45803 Bemis Road
$175,000
● House - Off Market

45803 Bemis Road

Belleville, MI 48111
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$227,250
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

*LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY**LISTING ENTERED FOR COMP PURPOSES ONLY*
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$125
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1992

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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 #52490)

Price History

Date / Event Date Event Price
Feb 1, 2021 Sold
Premium
Sold
Jan 25, 2021 Listed by Howard Hanna $175,000
Listed by Howard Hanna
Mar 7, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 04N THE E 66.50 FT OF THE W 133.0 FT TO THE N 288.0 FT OF THE OF THE W 1/2 OF THE E 1/2 OF THE N E 1/4 OF SEC 4 0.44 ACRE

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 589401

Geography

  • District: 81
  • Section: 4
  • Parcel: 81 013 99 0028 000
  • Lot: 0028
  • Municipality: SUMPTER TWP
  • Latitude: 42.1751
  • Longitude: -83.4868

    Address

  • Full Address: 45803 Bemis Rd
  • Address - House Number: 45803
  • Address - Street Name: Bemis
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Sumpter Township
  • Carrier Code: R006
  • 4-Digit Zip Code: 8945
  • Zip Code: 48111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,143
  • Tax Rate Code Area: 82430

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 164,901
  • High Value: 240,184
  • Low Value: 89,617

    Market Valuation

  • Market Total Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,200

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021044884
  • Previous Sale Recording Date: Mar 07, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $143,700
  • 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 Wayne

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$147

Above Asking

0.35%

Average Days on Market

56

Average Home Size

4542 ft²

Average Home Age

79.7 years

Currently For Sale

578 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: Debra A Leutheuser, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 52490
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 45803 Bemis Road built and last sold?
The property at 45803 Bemis Road was built in 1992 and last sold on Jan 25, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 45803 Bemis Road is $0.
What are some comparable homes to 45803 Bemis Road?
There are currently no comparable homes to 45803 Bemis Road.
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