For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Tecumseh 49286
818 Outer Drive
$162,000
● House - Off Market

818 Outer Drive

Tecumseh, MI 49286
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,209 Ft²
$222,582
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

LOCATION, AFFORDABILITY, LARGE LIVING SPACE, goes a long way to explain this well kept, updated Tecumseh home with over 2,000 sq. ft. of actual living space. Move-in ready with the smell of Fresh Paint, New Furnace and Central Air Conditioning. That goes along with the Oak Hardwood Floors throughout the main level. The home overlooks the River Raisin, with wildlife roaming this quiet neighborhood, along with a playground across the street. Light traffic on this isolated street. Mostly finished lower level includes an additional 600 sq. ft. of living space, including a half bath. Just finished sun-room on the rear of the home makes for a great place to relax for your early morning coffee or that late night cocktail. Many updates, list is available., Rec Room: Finished
Unit Size
2,209 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$74
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1949

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #23103149)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Premium
Sold
Jun 10, 2020 Listed by Keller Williams Ann Arbor $162,500
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 969
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERRICK PARK AREA #4
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 135 HERRICK PARK #4 CITY OF TECUMSEH

Neighborhood

  • School District Name: Tecumseh Public Schools
  • School Tax School District: SCH: 46140
  • Census Tract: 062300

Zoning

  • Zoning: RA-2

Geography

  • District: XT0
  • Parcel: XT0-470-1350-00
  • Lot: 135
  • Municipality: TECUMSEH CITY
  • Latitude: 42.0095
  • Longitude: -83.933

    Address

  • Full Address: 818 Outer Dr
  • Address - House Number: 818
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Tecumseh
  • Carrier Code: C003
  • 4-Digit Zip Code: 1449
  • Zip Code: 49286

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,079

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 72
  • Final Value: 220,615
  • High Value: 265,011
  • Low Value: 176,218

    Market Valuation

  • Market Total Value: $162,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current 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 Tecumseh

Stats & Trends

Median Asking:

$237,438

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1921 ft²

Average Home Age

66.9 years

Currently For Sale

11 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23103149
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 818 Outer Drive built and last sold?
The property at 818 Outer Drive was built in 1949 and last sold on Aug 12, 2020 for $162,000.
How much is this home worth?
The estimated value of the home located at 818 Outer Drive is $0.
What are some comparable homes to 818 Outer Drive?
There are currently no comparable homes to 818 Outer Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Tecumseh Homes for Sale
Tecumseh Houses for Sale
Tecumseh Condos for Sale
Tecumseh Townhouses for Sale
Tecumseh Multifamily for Sale
Tecumseh Land for Sale
Tecumseh Commercial for Sale
Tecumseh Homes with Basements
Nearby Property Records
Lenawee County, MI Property Records
Washtenaw County, MI Property Records
Monroe County, MI Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Fulton County, OH Property Records
Wayne County, MI Property Records
Lucas County, OH Property Records
Nearby Counties
Clinton Homes for Sale
Top Real Estate Agents
Top Agents in Tecumseh
Top Agents in 49286
Top Agents in Clinton
Top Agents in 49229