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Manchester 48158
535 Adrian
$236,000
● House - Off Market

535 Adrian

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,908 Ft²
$393,159
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

What A Find! Nestled amidst towering trees, in a parklike 1.2 acre setting, with 100 ft of River frontage is this delightful ranch home.  Nicely updated throughout with hickory flooring, granite countertops, fireplace,  3 bedrooms and 3 full baths.  The full finished walkout basement is complete with a second kitchen, family room, and full bath.  Enjoy summer on the 600 sf deck with brick paver patio and terraced landscaping. Store all of your toys in the 30 x 40 pole barn complete with concrete flooring, wood heat and workshop. All of this, on a paved road on the edge of the quaint Village of Manchester. Agent related to Seller.,   Primary Bath, Rec Room: Finished
Unit Size
1,908 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$136
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1974

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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 #23083696)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Jul 12, 2018 Listed by RE/MAX Platinum $259,900
Listed by RE/MAX Platinum
May 20, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • 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: 9
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,185
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001198
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: TRANS 08/29/97 *OLD SID - PM 16-511-079-20 MAV 1-129C COM AT E 1/4 COR OF SEC11, TH N 0-20-35 W 1119.49 FT, TH N 37-56-50 W

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-16-11-101-006
  • Block: 101
  • Meridian: SEC 01 TWN 04S RNG 03E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.1437
  • Longitude: -84.0315

    Address

  • Full Address: 535 Adrian St
  • Address - House Number: 535
  • Address - Street Name: Adrian
  • Address - Suffix Type: St
  • State: MI
  • City Name: Manchester
  • Carrier Code: R005
  • 4-Digit Zip Code: 9637
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $292,897
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 339,061
  • High Value: 403,059
  • Low Value: 275,062

    Market Valuation

  • Market Total Value: $275,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,950

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6439573
  • Previous Sale Recording Date: May 20, 2004
  • Previous Sale Contract Date: May 17, 2004
  • Previous Sale Amount: $220,000
  • 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

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MichRIC

Listed by: Mary Robertson, RE/MAX Platinum
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23083696
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 535 Adrian Street built and last sold?
The property at 535 Adrian Street was built in 1974 and last sold on Aug 23, 2018 for $236,000.
How much is this home worth?
The estimated value of the home located at 535 Adrian Street is $263,615.
What are some comparable homes to 535 Adrian Street?
There are currently no comparable homes to 535 Adrian Street.
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