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Washtenaw 48158
7500 Schneider Road
$260,000
● House - Off Market

7500 Schneider Road

Manchester, MI 48158
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,330 Ft²
$1,475
Est. Monthly
10.15%
Cap Rate

About This Property

Tucked away in a beautiful country setting, this 3-bedroom, 1.5-bath farmhouse offers the perfect blend of peaceful living and easy access to city conveniences. Located just a short drive from Ann Arbor, this property is ideal for those looking to put down roots in a quiet, scenic location.Sitting on a well-landscaped lot with mature fruit trees and lovely curb appeal, the home features a 2+ car garage and multiple outbuildings/barns - perfect for hobby farming, storage, or creative projects. Inside, you'll find a solid layout ready for your personal touch. With a little elbow grease, this gem could truly shine again.Whether you're dreaming of a homestead, a weekend retreat, or a place to build lasting memories, this Manchester farmhouse is full of potential.
Unit Size
1,330 Ft²
Days on Market
84 days
Land Size
1.31 acres
Price per sqft
$199
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1890

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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: 2 years ago (MichRIC MLS #25039779)

Price History

Date / Event Date Event Price
Oct 30, 2025 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Aug 22, 2025 Price Decreased $264,900
↓ $10K (3.7%)
Price Decreased
Aug 7, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $275,000
Listed by RE/MAX MID-MICHIGAN R.E.
Jul 11, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,064
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001310
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - N 14-034-016-00 FR 34-15B BEG AT E 1/4 POST OF SEC, THS 200 FT ALONGE LINE OF SEC, TH W 203.0 FT, TH N 280FT, TH E

Neighborhood

  • School District Name: Manchester Community Schools
  • School Tax School District: MANCHESTER
  • Census Tract: 432000

Zoning

  • Zoning: A-R

Geography

  • Assessors Map Reference: MAP N-8
  • District: N
  • Parcel: N -14-34-400-001
  • Block: 400
  • Meridian: SEC 34 TWN 3S RNG 4E
  • Municipality: FREEDOM TWP
  • Latitude: 42.1736
  • Longitude: -83.9331

    Address

  • Full Address: 7500 Schneider Rd
  • Address - House Number: 7500
  • Address - Street Name: Schneider
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Manchester
  • Carrier Code: R001
  • 4-Digit Zip Code: 9795
  • Zip Code: 48158

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: N

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 70
  • Final Value: 206,074
  • High Value: 236,797
  • Low Value: 175,350

    Market Valuation

  • Market Total Value: $201,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2016
  • Current Sale Recording Date: Jul 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6325829
  • Previous Sale Recording Date: Jul 11, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $182,000
  • 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 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: DEANN E GUMBERT, RE/MAX MID-MICHIGAN R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25039779
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 7500 Schneider Road built and last sold?
The property at 7500 Schneider Road was built in 1890 and last sold on Jun 2, 2016 for $170,000.
How much is this home worth?
The estimated value of the home located at 7500 Schneider Road is $0.
What are some comparable homes to 7500 Schneider Road?
There are currently no comparable homes to 7500 Schneider Road.
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