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Washtenaw 48158
7226 Lamb Road
$189,900
● House - Off Market

7226 Lamb Road

Manchester, MI 48158
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$278,678
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Well keep affordable country home, One owner, like new and more in ever way.  Step in and live, every detail is ready. Possible third bedroom is very much possible on main level.  Lower level has one finished room with unfinished drywall on reminder of walls. 24' x 44' workshop 10' doors with concert floor & electric. Just off pavement and on your way to the city. Borders old railroad track which gives you that extra layer of privacy.  Landscaped to the last detail, a must see on your list., Rec Room: Partially Finished, Rec Room: Finished
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$141
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #23085935)

Price History

Date / Event Date Event Price
Aug 6, 2019 Sold
Premium
Sold
Jun 17, 2019 Listed by Keller Williams Ann Arbor $189,900
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: REWRITE PER WD L4356 P245 01/08/04 *OLD SID - P 16-006-002-00 MA 6-2 COM AT NECOR OF SEC, TH S 00-11-09 W 771.14 FT IN THE E

Neighborhood

  • School District Name: Manchester Community Schools
  • School Tax School District: MANCHESTER
  • Census Tract: 431000

Zoning

  • Zoning: AR AGR

Geography

  • Assessors Map Reference: MAP P-3
  • District: P
  • Parcel: P -16-06-100-009
  • Block: 100
  • Meridian: SEC 06 TWN 4S RNG 3E
  • Municipality: MANCHESTER TWP
  • Latitude: 42.1584
  • Longitude: -84.1104

    Address

  • Full Address: 7226 Lamb Rd
  • Address - House Number: 7226
  • Address - Street Name: Lamb
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R004
  • 4-Digit Zip Code: 9518
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,944
  • Tax Rate Code Area: P -16

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 229,363
  • High Value: 272,655
  • Low Value: 186,070

    Market Valuation

  • Market Total Value: $157,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,600

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6480983
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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2065 ft²

Average Home Age

57.8 years

Currently For Sale

672 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: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23085935
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 7226 Lamb Road built and last sold?
The property at 7226 Lamb Road was built in 1986 and last sold on Jul 26, 2019 for $189,900.
How much is this home worth?
The estimated value of the home located at 7226 Lamb Road is $0.
What are some comparable homes to 7226 Lamb Road?
There are currently no comparable homes to 7226 Lamb Road.
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