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Manchester 48158
533 Granger Street
$125,000
● House - Off Market

533 Granger Street

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,348 Ft²
$137,189
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

2 story home with large detached barn/garage, in the Village of Manchester.  Spacious lot with great views of nature and surrounded by mature trees.  Main level master bedroom and bath.  Main floor laundry.  Detached garage / Barn with basement and loft for additional storage space.  Updated roof and vinyl siding on both house and barn.  Updated 150 amp electrical panel.  3rd bedroom is on second level and does not have a closet.
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$96
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1910

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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 #23126719)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Oct 11, 2022 Listed by ERA Reardon Realty $130,000
Listed by ERA Reardon Realty
Sep 21, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • 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: 849
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,066
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANGER & MORGANS ADD
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - PM 16-580-014-00 MA 6-9 LOT 9, BLK 2 GRANGER & MORGANS ADDITION.

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-16-01-369-001
  • Block: 2
  • Lot: 9
  • Meridian: SEC 01 TWN 4S RNG 3E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1466
  • Longitude: -84.0287

    Address

  • Full Address: 533 Granger St
  • Address - House Number: 533
  • Address - Street Name: Granger
  • Address - Suffix Type: St
  • State: MI
  • City Name: Manchester
  • Carrier Code: R003
  • 4-Digit Zip Code: 9561
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $177,939
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 72
  • Final Value: 205,657
  • High Value: 247,614
  • Low Value: 163,700

    Market Valuation

  • Market Total Value: $147,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,600

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6671063
  • Previous Sale Recording Date: Sep 21, 2005
  • Previous Sale Contract Date: Sep 16, 2005
  • Previous Sale Amount: $101,000
  • 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 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

Unit for rent at 600 E Duncan Street, MI, 48158

$824 /mo

  • 1 Bed
  • 1 Bath
600 E Duncan Street, MI, 48158 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jason L Aldrich, ERA Reardon Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23126719
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 533 Granger Street built and last sold?
The property at 533 Granger Street was built in 1910 and last sold on Nov 21, 2022 for $125,000.
How much is this home worth?
The estimated value of the home located at 533 Granger Street is $0.
What are some comparable homes to 533 Granger Street?
There are currently no comparable homes to 533 Granger Street.
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