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Saline 48176
631 Hickory
$150,000
● House - Off Market

631 Hickory

Saline, MI 48176
bedrooms
Studio
bathrooms
0 Bath
square feet
1,631 Ft²
$321,029
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

Listing entry is For Comp Purposes Only.  Land contract sale to relative. Family room is 4-season sunroom that added about 173 square feet to total city-stated square footage, per the owner.,   Primary Bath
Unit Size
1,631 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$92
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1968

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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 #23057258)

Price History

Date / Event Date Event Price
Dec 11, 2023 Sold
Premium
Sold
Oct 16, 2023 Listed by Keller Williams Ann Arbor $424,900
Listed by Keller Williams Ann Arbor
Apr 3, 2023 Sold
Premium
Sold
Sep 26, 2022 Sold
Premium
Sold
Jul 31, 2022 Listed by Keller Williams Ann Arbor $275,000
Listed by Keller Williams Ann Arbor
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,636
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,758
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HICKORY GROVE SUBDIVISION
  • Land Acres: 0000000336
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 18 18-105-006-00 SC 22-6 LOT 6 HICKORY GROVE.

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 423400

Zoning

  • Zoning: R-1A

Geography

  • District: 18
  • Parcel: 18-13-36-375-016
  • Block: 375
  • Lot: 6
  • Meridian: SEC 36 TWN 3S RNG 5E
  • Municipality: SALINE CITY
  • Latitude: 42.1716
  • Longitude: -83.7899

    Address

  • Full Address: 631 Hickory Ln
  • Address - House Number: 631
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Saline
  • Carrier Code: C001
  • 4-Digit Zip Code: 1106
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,203
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.085
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 423,206
  • High Value: 459,336
  • Low Value: 387,076

    Market Valuation

  • Market Total Value: $245,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6707080
  • Previous Sale Recording Date: Apr 03, 2023
  • Previous Sale Contract Date: Mar 13, 2023
  • Previous Sale Amount: $212,000
  • 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 Saline

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1636 ft²

Average Home Age

41.7 years

Currently For Sale

19 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 460 W Russell St, Saline, MI, 48176

$1,053 /mo

  • 1 Bed
  • 1 Bath
460 W Russell St #50, Saline, MI, 48176 Listing by Rick Rivera
Unit for rent at 135 W Michigan Avenue, Saline, MI, 48176

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 832 ft²
135 W Michigan Avenue, Saline, MI, 48176 Listing by Debra Leutheuser

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Susan A Walters, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23057258
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 631 Hickory Lane built and last sold?
The property at 631 Hickory Lane was built in 1968 and last sold on Dec 8, 2023 for $412,500.
How much is this home worth?
The estimated value of the home located at 631 Hickory Lane is $411,767.
What are some comparable homes to 631 Hickory Lane?
There are currently no comparable homes to 631 Hickory Lane.
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