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Lenawee 49228
9608 Pence Highway
$48,500
● House - Off Market

9608 Pence Highway

Blissfield, MI 49228
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,304 Ft²
$512
Est. Monthly
16.84%
Cap Rate

About This Property

Needs TLC but a great floorplan with nice size rooms, main floor primary and just over 1/2 acre.  Detached 2 1/2 car garage. PRICED TO SELL. Schedule your tour today!
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$57
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1880

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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 #24017482)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Premium
Sold
Apr 12, 2024 Listed by Key Realty One LLC $74,900
Listed by Key Realty One LLC
Jun 28, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • 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: 960
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD 1877.35 FT N FROM SE COR SEC 17 RUNN TH 88 DEG 26' W 168.30 FT TH N 1 DEG 21'20" E 149.7 FT TH N 89 DEG 39'20" E 164.7 FT TH S 155.25 FT TO POB

Neighborhood

  • School District Name: Blissfield Community Schools
  • School Tax School District: SCH: 46040
  • Census Tract: 062000

Geography

  • District: OG0
  • Section: 17
  • Parcel: OG0-117-4290-00
  • Municipality: OGDEN TWP
  • Latitude: 41.7773
  • Longitude: -83.9603

    Address

  • Full Address: 9608 Pence Hwy
  • Address - House Number: 9608
  • Address - Street Name: Pence
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Blissfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9625
  • Zip Code: 49228

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $172,731
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 49
  • Final Value: 138,037
  • High Value: 173,039
  • Low Value: 103,034

    Market Valuation

  • Market Total Value: $111,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,600

    Sales

  • Current Sale Contract Date: Jun 21, 2012
  • Current Sale Recording Date: Jun 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Previous Sale Recording Date: Oct 01, 1999
  • Previous Sale Contract Date: Oct 01, 1999
  • Previous Sale Document Type: 27
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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: Julie K Childers, Key Realty One LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24017482
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 9608 Pence Highway built and last sold?
The property at 9608 Pence Highway was built in 1880 and last sold on Jun 21, 2012 for $106,871.
How much is this home worth?
The estimated value of the home located at 9608 Pence Highway is $0.
What are some comparable homes to 9608 Pence Highway?
There are currently no comparable homes to 9608 Pence Highway.
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