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Washtenaw 48158
5200 Sylvan Road
$267,000
● House - Off Market

5200 Sylvan Road

Manchester, MI 48158
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,900 Ft²
$402,718
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Nature lovers paradise.  Beautiful country setting situated on 5 acres with many trees.  1600 sq. f.t raised ranch with finished walkout lower level with new gas fireplace.  Four bedrooms, two bath, screened porch with Trex deck off kitchen and eating area.  30'x40' garage/pole barn.  Storage building at rear of property. Updates: roof shingles, siding, deck, hardwood flooring, wood railing, hot water heater, painting, carpet.  Ten minutes to I-94 and Chelsea.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$91
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1971

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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 #23109736)

Price History

Date / Event Date Event Price
Jan 24, 2019 Sold
Premium
Sold
Dec 12, 2018 Listed by Real Estate One $265,000
Listed by Real Estate One

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SH 16-1C-2 (008) 2-90 L.C. L 2389 P 146 COM AT NE COR SEC 16,TH S 00-07-33 W1034.12 FT TO POB,TH WEST 643.91 FT,TH S 00-05-44

Neighborhood

  • School District Name: Manchester Community Schools
  • School Tax School District: MANCHESTER
  • Census Tract: 432000

Zoning

  • Zoning: RH

Geography

  • District: O
  • Parcel: O -15-16-100-016
  • Block: 100
  • Meridian: SEC 01 TWN 03S RNG 03E
  • Municipality: SHARON TWP
  • Latitude: 42.2167
  • Longitude: -84.0743

    Address

  • Full Address: 5200 Sylvan Rd
  • Address - House Number: 5200
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R004
  • 4-Digit Zip Code: 9415
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $150,021
  • Tax Rate Code Area: O

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 389,549
  • High Value: 452,038
  • Low Value: 327,060

    Market Valuation

  • Market Total Value: $314,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6456008
  • Previous Sale Recording Date: Nov 30, 1995
  • Previous Sale Contract Date: Nov 27, 1995
  • Previous Sale Document Type: 27
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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2065 ft²

Average Home Age

57.8 years

Currently For Sale

672 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: Gene DeRossett, Real Estate One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23109736
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 5200 Sylvan built and last sold?
The property at 5200 Sylvan was built in 1971 and last sold on Jan 11, 2019 for $267,000.
How much is this home worth?
The estimated value of the home located at 5200 Sylvan is $0.
What are some comparable homes to 5200 Sylvan?
There are currently no comparable homes to 5200 Sylvan.
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