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Manchester 48158
621 Spring Street
$180,000
● House - Off Market

621 Spring Street

Manchester, MI 48158
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,800 Ft²
$179,509
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Spacious 2 story home on over an acre, in the Village of Manchester.  4 large bedrooms on 2nd level, with bonus room.  Plenty of additional space on main level to have a main level bedroom.  Electrical panel, furnace and water heater have all been updated.  Great Location!  THIS PROPERTY CAN BE SPLIT.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$100
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1915

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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 #23129211)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
May 15, 2023 Listed by ERA Reardon Realty $180,000
Listed by ERA Reardon Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 5
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 920
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Lot Size Depth Feet: 3,630
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: REWRITE PER TWP REQUEST MA 1-24 COM AT S 1/4 COR SEC 1, TH N'LY 623.68 FT IN N& S 1/4 LINE TO S/LN OF LAKE SHORE & MICHIGAN

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-16-01-380-002
  • Block: 380
  • Meridian: SEC 01 TWN 4S RNG 3E
  • Municipality: MANCHESTER VILLAGE
  • Latitude: 42.148
  • Longitude: -84.0211

    Address

  • Full Address: 621 Spring St
  • Address - House Number: 621
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MI
  • City Name: Manchester
  • Carrier Code: R003
  • 4-Digit Zip Code: 9557
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,333
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 213,791
  • High Value: 256,419
  • Low Value: 171,164

    Market Valuation

  • Market Total Value: $166,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 6695262
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

Rentals Near You

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MichRIC

Listed by: Jason L Aldrich, ERA Reardon Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23129211
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 621 Spring Street built and last sold?
The property at 621 Spring Street was built in 1915 and last sold on Jul 31, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 621 Spring Street is $0.
What are some comparable homes to 621 Spring Street?
There are currently no comparable homes to 621 Spring Street.
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