Last Sold Price
14 beds7,885 sqft$79/sqft
4580 Farrell Road, Dexter, MI 48130

Description

Rare Historic Country rental community on 5.25 acres 5 minutes from Dexter. 7 units and common "Craft House" building. Borders Historic Webster Village. One efficiency, a duplex with two 2 bedroom apartments, a 3 bedroom house, a 2 bedroom house, a two bedroom historic apartment, and a 5 bedroom historic house. All units have been updated within the last 6 years. Garden space available with 2 water hydrants. 3 car detached garage with storage room. 100% occupancy. All units currently rented. Possible...Rare Historic Country rental community on 5.25 acres 5 minutes from Dexter. 7 units and common "Craft House" building. Borders Historic Webster Village. One efficiency, a duplex with two 2 bedroom apartments, a 3 bedroom house, a 2 bedroom house, a two bedroom historic apartment, and a 5 bedroom historic house. All units have been updated within the last 6 years. Garden space available with 2 water hydrants. 3 car detached garage with storage room. 100% occupancy. All units currently rented. Possible uses: unique historic income property, family compound, owner occupied community Seller does not authorize the listing broker and any cooperating brokers to provide access to the above captioned property to prospective buyer(s) who are not accompanied by and in the physical presence of a michigan real estate licensee. .
LISTING CLOSED: 05/10/2019 12:00 AM

  1. Listed by Martha Leabu • Brokerage DRE #6505185300 • Griffith Realty
    P: (810) 227-1016 marthaq@sbcglobal.net

Property Details for 4580 Farrell Road

Status
MLS #
218091372
Days on Market
212
Taxes
$9,679 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1850
Lot Size
5.25 AC / 228,690 SF
Architectural Style
Duplex, Other
Waterfront
No
Zoning Description
Agricultural

Location

Listing Courtesy of Griffith Realty

Sold By Griffith Realty

Add your commute

Building Information for 4580 Farrell Road

Stories-Residences7Year Built1850Building Size-Lot Size5.25 AC / 228,690 SF

Payment Calculator

$3,983 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$807

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4580 Farrell Road

Summary
Location and General Information
  • Directions: Take North Territorial to South on Webster Church Road to West on Farrell, first property on right
  • Latitude: 42.362917
  • Longitude: -83.825002
  • Township: Washtenaw Webster Twp
  • Cross Street: S of of North Territorial/W of of Webster Church
  • MLS Area Major: Webster Twp (81018)
  • Direction Faces: North
Taxes and HOA
  • Parcel Number: C00327100032
  • Tax Amount Summer: $1,914.00
  • Tax Amount Winter: $7,765.00
  • Tax Annual Amount: $9,679.00
  • Tax Legal Description: part of the NE 1/4 of Section 27, T1S, R5E Webster Township. 5.25 Acres
School Information
  • High School District: Dexter
Parking
  • Parking Features: Unassigned
Property
Lot Information
  • Frontage Length: 582.0
  • Lot Size Acres: 5.25
  • Lot Size Area: 5.25
  • Lot Size Dimensions: 581x675x562x694
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 582
  • Road Frontage Type: Gravel
  • Road Surface Type: Gravel
Farm Information
  • Other Equipment: Dehumidifier
Property and Assessments
  • Living Area: 7885.0
  • Building Area Total: 7885.0
  • Above Grade Finished Area: 7885.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 2500.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Year Built: 1850
Building Features
  • Construction Materials: Block, Vinyl Siding, Wood Siding
  • Foundation Details: Basement, Block, Slab, Stone
  • Levels: Other
  • Year Remodeled: 2015
  • Roof: Asphalt, Metal
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 8.0
  • Appliances: Water Softener Owned
  • Basement: Common, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Total Integer: 8
  • Cooling: Ceiling Fans
  • Has Cooling: Yes
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Water Heater Fuel: Electric
  • UnitTwoBedNumberOf: 4
  • UnitThreeBedNumberOf: 2
Exterior Features
  • Patio And Porch Features: Covered, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 7
  • Number of Units Total: 7
  • Number of Efficiency Units: 1
  • Unit Records: 4
Income & Expenses
  • Gross Scheduled Income: $73,752.00
  • Net Operating Income: $55,056.00
Unit Information
Unit 1
  • Actual Rent: $400.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 320.0
  • Type: Studio
  • Total Units: 1.0
Unit 2
  • Actual Rent: $810.00
  • Total Bathrooms: 4
  • Furnished: Unfurnished
  • Sq Ft: 3605.0
  • Type: Two Bedroom
  • Total Units: 4.0
Unit 3
  • Actual Rent: $975.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 1500.0
  • Type: Three Bedroom
  • Total Units: 1.0
Unit 4
  • Actual Rent: $1,530.00
  • Total Bathrooms: 2
  • Furnished: Unfurnished
  • Sq Ft: 2460.0
  • Type: Three Bedroom
  • Total Units: 1.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $6,146.00
  • Rent Includes: Snow Removal, Yard Maintenance

Property History for 4580 Farrell Road

DateEvent & SourcePriceAppreciation
May 10, 2019

Sold (Public Record)

Public Record #646578714

$625,000

+23.1% / yr

May 10, 2019

Sold

Realcomp #218091372

$625,000
May 10, 2019

Sold

MiRealSource #21506534

$625,000
DateEvent & SourcePrice
05/10/2019

Sold (Public Record)

Public Record #646578714

$625,000

+23.1% / yr

05/10/2019

Sold

Realcomp #218091372

$625,000
05/10/2019

Sold

MiRealSource #21506534

$625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4580 Farrell Road

Taxable ValueLand-Additions-Total-
Tax Record2025$18,373 ($1,531 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt2,840 SqFtAbove Grade Finished SqFt2,840 SqFtStories2Lot Size228,690 SqFtStyleSingle Family ResidenceYear Built1830Year Renovated1834CountyWASHTENAWAPNC -03-27-100-032

Schools near 4580 Farrell Road

This home is within Dexter Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 2
Public - 3 to 4
Public - 5 to 6
Rating
School
Distance
Bates Elementary School
PublicPK to 2

Cornerstone Elementary School
PublicPK to 2

Wylie Elementary School
Public3 to 4

Creekside Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Griffith Realty

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