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Saline 48176
939 Lambkins
$285,000
● House - Off Market

939 Lambkins

Saline, MI 48176
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$302,969
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful 4 bedroom 2 full bath Saline ranch with 3 car garage. Watch the world go by on your covered front porch or invite your friends to gather on the deck for a bbq! The main floor features 3 bedrooms all with beautiful hardwood floors, a nicely updated ceramic main bath, and a well-appointed kitchen that is open to the dining area that flows out to the spacious deck. Brand new fully finished lower level has 4th bedroom with large egress window,  recessed lighting, huge full bath, and ceramic tiled laundry room. The home has been completely waterproofed and has a list of seller improvements. Bring all your toys, this oversized garage is ready!
Unit Size
1,632 Ft²
Days on Market
50 days
Land Size
0.17 acres
Price per sqft
$169
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1963

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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 #23126458)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Nov 9, 2021 Listed by Keller Williams Ann Arbor Mrkt $275,000
Listed by Keller Williams Ann Arbor Mrkt

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS COMMUNITY # 2
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 18 18-135-019-00 S C 21-19 LOT 79 ROLLING MEADOWS COMMUNITY NO. 2.

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 423400

Zoning

  • Zoning: R-1C

Geography

  • District: 18
  • Parcel: 18-13-36-153-025
  • Block: 153
  • Lot: 79
  • Meridian: SEC 36 TWN 3S RNG 5E
  • Municipality: SALINE CITY
  • Latitude: 42.1777
  • Longitude: -83.7856

    Address

  • Full Address: 939 Lambkins
  • Legal Unit: Y
  • Address - House Number: 939
  • Address - Street Name: Lambkins
  • State: MI
  • City Name: Saline
  • Carrier Code: C006
  • 4-Digit Zip Code: 1012
  • Zip Code: 48176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,978
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 322,077
  • High Value: 379,284
  • Low Value: 264,870

    Market Valuation

  • Market Total Value: $277,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6631372
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 Saline

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1636 ft²

Average Home Age

41.7 years

Currently For Sale

19 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

Unit for rent at 1227 Colony Drive, Saline, MI, 48176

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,670 ft²
1227 Colony Drive, Saline, MI, 48176 Listing by Angela Rasmussen

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Carmen Knick, Keller Williams Ann Arbor Mrkt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23126458
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 939 Lambkins Road built and last sold?
The property at 939 Lambkins Road was built in 1963 and last sold on Dec 29, 2021 for $285,000.
How much is this home worth?
The estimated value of the home located at 939 Lambkins Road is $281,382.
What are some comparable homes to 939 Lambkins Road?
There are currently no comparable homes to 939 Lambkins Road.
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