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Clinton 49236
507 Edward J Street
$278,000
● House - Off Market

507 Edward J Street

Clinton, MI 49236
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,924 Ft²
$304,010
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Charming 4 bedroom, 2 1/2 bath two story home in Harvest Ridge Subdivision This one owner home has been meticulously maintained and is now looking for new family to love it.  Located on a quiet street and close to shopping, schools and downtown.  Open floor plan with plenty of natural light.  Kitchen is spacious and open to dining and living room making it great for entertaining. Full basement is for finishing should someone choose too.  Seller uses Xfinity for internet. Large deck of the back of the home is the perfect place to relax after a long day.  Don't miss out!,   Primary Bath
Unit Size
1,924 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$156
Property Type
House
Property Taxes
$205
HOA Dues
$19
Year Built
2005

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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 #23112016)

Price History

Date / Event Date Event Price
Apr 6, 2022 Sold
Premium
Sold
Mar 2, 2022 Listed by The Charles Reinhart Company $299,900
Listed by The Charles Reinhart Company
Jan 16, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 29
  • 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: 720
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,282
  • Total Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARVEST RIDGE CONDO
  • Land Acres: 0000000259
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 13 HARVEST RIDGE CONDOMINIUM

Neighborhood

  • School District Name: Clinton Community Schools
  • School Tax School District: SCH: 46060
  • Census Tract: 062400

Geography

  • District: CL6
  • Parcel: CL6-850-0130-00
  • Municipality: CLINTON VILLAGE
  • Latitude: 42.0782
  • Longitude: -83.9627

    Address

  • Full Address: 507 Edward J St
  • Legal Unit: 13
  • Address - House Number: 507
  • Address - Street Name: Edward J
  • Address - Suffix Type: St
  • State: MI
  • City Name: Clinton
  • Carrier Code: R003
  • 4-Digit Zip Code: 9466
  • Zip Code: 49236

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $466,154

    Appraisal Valuation

  • Standard Deviation: 0.1116
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 88
  • Final Value: 303,467
  • High Value: 337,351
  • Low Value: 269,583

    Market Valuation

  • Market Total Value: $219,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2005
  • Current Sale Recording Date: Jan 16, 2006
  • 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 Clinton

Stats & Trends

Median Asking:

$247,450

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1350 ft²

Average Home Age

90 years

Currently For Sale

2 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

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MichRIC

Listed by: Jill Kleine, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23112016
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 507 Edward J Drive built and last sold?
The property at 507 Edward J Drive was built in 2005 and last sold on Nov 28, 2005 for $180,000.
How much is this home worth?
The estimated value of the home located at 507 Edward J Drive is $0.
What are some comparable homes to 507 Edward J Drive?
There are currently no comparable homes to 507 Edward J Drive.
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