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Washtenaw 48108
5230 Marton Road
$85,000
● House - Off Market

5230 Marton Road

Ann Arbor, MI 48108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
934 Ft²
$124,348
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Location, Location, Location! The three key words in real estate. Great location for your home project- just off S. State St. This 1.3 acre lot could be turned into a wonderfully renovated home for a new family.  Solid structure in need of updates & septic to be replaced at buyer's expense. Quoted amount for replacement is $51,000. NEW FURNACE HAS BEEN INSTALLED.  Will need Cash or Rehab Financing
Unit Size
934 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$107
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1945

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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 #23121607)

Price History

Date / Event Date Event Price
Apr 6, 2021 Sold
Premium
Sold
Sep 5, 2020 Listed by Keller Williams Ann Arbor $100,000
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 747
  • Garage Type: 7
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Frontage Feet: 0
  • Total Building Area: 934
  • Building Area: 934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 934
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - L 12-021-009-00 PI 21-4 BEG AT THE SE COR OF NW 1/4 OF NE 1/4, TH N286.94 FT IN THE E LINE OF NW 1/4 OF NE 1/4 TO

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 415400

Zoning

  • Zoning: RH

Geography

  • Assessors Map Reference: MAP L-5-21-1
  • District: L
  • Parcel: L -12-21-100-026
  • Block: 100
  • Meridian: SEC 21 TWN 03S RNG 06E
  • Municipality: PITTSFIELD TWP
  • Latitude: 42.2116
  • Longitude: -83.7245

    Address

  • Full Address: 5230 Marton Rd
  • Address - House Number: 5230
  • Address - Street Name: Marton
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R015
  • 4-Digit Zip Code: 9733
  • Zip Code: 48108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,886
  • Tax Rate Code Area: L

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 233,431
  • High Value: 278,634
  • Low Value: 188,229

    Market Valuation

  • Market Total Value: $201,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,600

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6582776
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

Unit for rent at 3376 Endsleigh Lane, Ypsilanti, MI, 48197

$1,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,316 ft²
3376 Endsleigh Lane, Ypsilanti, MI, 48197 Listing by Imran Lateef
Unit for rent at 3059 Forest Creek Court, Ann Arbor, MI, 48108

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,012 ft²
3059 Forest Creek Court, Ann Arbor, MI, 48108 Listing by Aleksandr Milshteyn

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23121607
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 5230 Marton Road built and last sold?
The property at 5230 Marton Road was built in 1945 and last sold on Mar 19, 2021 for $65,000.
How much is this home worth?
The estimated value of the home located at 5230 Marton Road is $103,857.
What are some comparable homes to 5230 Marton Road?
There are currently no comparable homes to 5230 Marton Road.
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