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Marshall 49068
617 Sibley Lane
$204,900
● House - Off Market

617 Sibley Lane

Marshall, MI 49068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,202 Ft²
$207,275
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Entered for comp purposes only.  Outstanding in every way.  Excellent condition, finished basement with egress window, full bath, rec room and guest room.  Beautiful engineered wood floors, updates in every area of the home.  Large pie shaped city lot, spacious back deck and enjoyable covered front porch.  Replacement windows, updated mechanicals, 2 car attached garage.
Unit Size
2,202 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$93
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1964

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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 #22021686)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
May 2, 2022 Listed by Real Estate One Rosemary Davis $204,900
Listed by Real Estate One Rosemary Davis
Aug 22, 2019 Sold
Premium
Sold
Aug 23, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,202
  • Garage Type: 7
  • Garage Square Area: 662
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,591
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,014
  • Total Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST DRIVE #6
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MARSHALL CITY, PLAT OF EAST DRIVE #6 LOT 164

Neighborhood

  • School District Name: Marshall Public Schools
  • School Tax School District: MARSHALL
  • Census Tract: 003900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: WHPA
  • District: 53
  • Parcel: 53-004-164-00
  • Lot: 164
  • Municipality: MARSHALL CITY
  • Latitude: 42.2816
  • Longitude: -84.9483

    Address

  • Full Address: 617 Sibley Ln
  • Address - House Number: 617
  • Address - Street Name: Sibley
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Marshall
  • Carrier Code: C004
  • 4-Digit Zip Code: 1266
  • Zip Code: 49068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $410,910

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 63
  • Final Value: 204,551
  • High Value: 257,056
  • Low Value: 152,046

    Market Valuation

  • Market Total Value: $184,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 14, 2019
  • Previous Sale Amount: $167,000
  • 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 Marshall

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1659 ft²

Average Home Age

89.2 years

Currently For Sale

37 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

Rentals Near You

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MichRIC

Listed by: Matthew A Davis, Real Estate One Rosemary Davis
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22021686
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 617 Sibley Lane built and last sold?
The property at 617 Sibley Lane was built in 1964 and last sold on Jun 1, 2022 for $204,900.
How much is this home worth?
The estimated value of the home located at 617 Sibley Lane is $214,523.
What are some comparable homes to 617 Sibley Lane?
There are currently no comparable homes to 617 Sibley Lane.
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