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Washtenaw 48130
8386 Redwood Trail
$215,000
● House - Off Market

8386 Redwood Trail

Dexter, MI 48130
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,944 Ft²
$419,060
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Come see this 2 story home in popular Thornton Farms on one of the best lots in the development! Features a 300 square foot deck overlooking wooded back and side yard and 2 car attached garage. Large family room and expansive kitchen with island and 3 year old appliances. 1st floor study. 4 bedrooms and laundry room on the 2nd floor which includes master suite with walk-in closet, master bath and crown molding. Currently the basement is unfinished but is plumbed for an additional bathroom and has an egress window and is waiting to be finished. Community pool, clubhouse and playground. Minutes from Ann Arbor, Dexter, highways and shopping. Low township taxes.,   Primary Bath, Rec Room: Space
Unit Size
1,944 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
2006

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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 #23097012)

Price History

Date / Event Date Event Price
Jul 29, 2013 Sold
Premium
Sold
May 17, 2013 Listed by The Charles Reinhart Company $215,000
Listed by The Charles Reinhart Company

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • 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: 792
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,191
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORNTON FARMS CONDOMINIUM
  • Land Acres: 0000000211
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: M.D. L4474 P989 NEW CONDOUNIT 76, THORNTON FARMS CONDOMINIUMSPLIT ON 07/08/2005 FROM G -07-24-400-002;

Neighborhood

  • School District Name: Dexter Community School District
  • School Tax School District: DEXTER
  • Census Tract: 448000

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAP 555
  • District: G
  • Parcel: G -07-24-401-076
  • Block: 401
  • Meridian: SEC 24 TWN 2S RNG 4E
  • Municipality: LIMA TWP
  • Latitude: 42.2862
  • Longitude: -83.9074

    Address

  • Full Address: 8386 Redwood Trl
  • Legal Unit: 76
  • Address - House Number: 8386
  • Address - Street Name: Redwood
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: Dexter
  • Carrier Code: R012
  • 4-Digit Zip Code: 9103
  • Zip Code: 48130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $151,380
  • Tax Rate Code Area: G-07

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 394,155
  • High Value: 457,492
  • Low Value: 330,819

    Market Valuation

  • Market Total Value: $339,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Sep 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6439324
  • Previous Sale Recording Date: Jul 29, 2013
  • Previous Sale Contract Date: Jul 09, 2013
  • Previous Sale Amount: $215,000
  • 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

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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

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MichRIC

Listed by: Shelley Scott, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23097012
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 8386 Redwood Trail built and last sold?
The property at 8386 Redwood Trail was built in 2006 and last sold on Aug 30, 2018 for $282,000.
How much is this home worth?
The estimated value of the home located at 8386 Redwood Trail is $0.
What are some comparable homes to 8386 Redwood Trail?
There are currently no comparable homes to 8386 Redwood Trail.
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