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Washtenaw 48130
8790 Silver
$212,000
● House - Off Market

8790 Silver

Dexter, MI 48130
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,771 Ft²
$417,399
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Great home on 4.22 acres of land in Dexter schools. Two large outbuildings, new carpet, paint, kitchen cabinets and more. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.
Unit Size
1,771 Ft²
Days on Market
102 days
Land Size
4.22 acres
Price per sqft
$121
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1973

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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: 2 years ago (MichRIC MLS #23107596)

Price History

Date / Event Date Event Price
Dec 3, 2013 Sold
Premium
Sold
Aug 15, 2013 Listed by Howard Hanna RE Services $214,000
Listed by Howard Hanna RE Services
Jul 27, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 2,360
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 183,823
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,771
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004220
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - C 03-018-017-40 WE 18-6E BEG AT SE COR OF NE 1/4 OF SW 1/4 TH N 2DEG 38' E 460 FT ON NS 1/4 LN TH DUE W 401.77 FT

Neighborhood

  • School District Name: Dexter Community School District
  • School Tax School District: DEXTER
  • Census Tract: 461000

Zoning

  • Zoning: RH

Geography

  • District: C
  • Parcel: C -03-18-300-019
  • Block: 300
  • Meridian: SEC 18 TWN 01S RNG 05E
  • Municipality: WEBSTER TWP
  • Latitude: 42.388
  • Longitude: -83.8945

    Address

  • Full Address: 8790 Silver Dr
  • Address - House Number: 8790
  • Address - Street Name: Silver
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Dexter
  • Carrier Code: R005
  • 4-Digit Zip Code: 9613
  • Zip Code: 48130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,170
  • Tax Rate Code Area: C

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 434,898
  • High Value: 507,160
  • Low Value: 362,635

    Market Valuation

  • Market Total Value: $326,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6179591
  • Previous Sale Recording Date: Jul 27, 2012
  • Previous Sale Contract Date: Jul 19, 2012
  • Previous Sale Amount: $21,744
  • Previous Sale Document Type: 64
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

Rentals Near You

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MichRIC

Listed by: Zachary Mohler, Howard Hanna RE Services
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23107596
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 8790 Silver Drive built and last sold?
The property at 8790 Silver Drive was built in 1973 and last sold on Nov 22, 2013 for $212,000.
How much is this home worth?
The estimated value of the home located at 8790 Silver Drive is $225,875.
What are some comparable homes to 8790 Silver Drive?
There are currently no comparable homes to 8790 Silver Drive.
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