4580 Farrell Road, Unit COTTONWOOD FARM

Dexter, MI 48130

$230,000
Last Sold Price
14
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 8/30/12
Sold 8/30/12

Description

8 Rental Units and 5.24 Acres, The original home was build it 1830 and is now divided into 3units (could be restored into a single family home for owner) 3 units in the 2nd home to west and 2 single family homes. The Craft building to the west of the Main home could be additional Rental space. there is a 4 stall garage/Barn used for storage. Great investment opportunity with Land Contract Terms of 1/3 down 1800 per mo. 6.5% interest Live free and let the tenants make the payments and expences.8 Rental Units and 5.24 Acres, The original home was build it 1830 and is now divided into 3units (could be restored into a single family home for owner) 3 units in the 2nd home to west and 2 single family homes. The Craft building to the west of the Main home could be additional Rental space. there is a 4 stall garage/Barn used for storage. Great investment opportunity with Land Contract Terms of 1/3 down 1800 per mo. 6.5% interest Live free and let the tenants make the payments and expences.
  1. Listed by JENNIFER FLACK • C-21 Affiliated - Jackson
    P: (517)-945-8208 C: (517)-945-8208 jflack@c21affiliated.com

Amenities

  • Driveway
  • Fireplace
  • Forced Air
  • Parking Included
  • Wooden Area Views
LISTING CLOSED: 08/30/2012 12:00 AM

Property Details for 4580 Farrell Road, Unit COTTONWOOD FARM

StatusSold
MLS #21035465
Days on Market90
Taxes$3,516 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1830
Lot Size5.25 AC / 228,690 SF
CountyWashtenaw County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of C-21 Affiliated - Jackson

Sold By NON-MEMBER REALTOR 'SOLD'

Add your commute

Building Information for 4580 Farrell Road, Unit COTTONWOOD FARM

Stories-Residences8Year Built1830Building Size-Lot Size5.25 AC / 228,690 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,462 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4580 Farrell Road, Unit COTTONWOOD FARM

Summary
Location and General Information
  • Municipality: Webster Twp
  • Subdivision: none
  • Body of Water: None
  • Directions: E. of Joy
  • Area - Major: Outside MichRIC Area - Z
  • Street #: 4580
  • Street Name: FARRELL RD
  • City: Dexter
  • State: MI
  • Zip Code: 48130
  • County: Washtenaw
  • Latitude: 42.363314
  • Longitude: -83.824617
  • Area - Minor: Outside MichRIC Area - Z
Taxes and HOA
  • Taxable Value: 70079.0
  • Approx. Assoc Fee: $0
  • Tax ID #: C-03-27-100-032
  • SEV: 193700
Parking
  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Wooded
  • Lot Dimensions: 581x387x220x287102x408x23
  • Lot Measurement: Acres
  • Lot Acres: 5.25
  • Lot Square Footage: 228690.0
  • Lot Size Area: 5.25
Property and Assessments
  • Tax Year: 0
  • Road Surface Type: Unimproved
  • Legal: 5.25 Acres Section 27 T1S R5E
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1830
  • Video Groups: 0
  • Mineral Rights: Unknown
Utilities
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Stone, Wood Siding
  • Street Type: Unpaved
  • Exterior Material: Aluminum Siding, Stone, Wood Siding
  • Substructure: Crawl Space, Partial, Slab
Interior Features
  • Heating: Forced Air, Space Heater
  • Basement: Partial
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas, Oil, Propane
  • Heat Type: Forced Air, Space Heater
Multi Family
Multi Family Information
  • Number of Units: 8
Income & Expense
  • Net Operating Income: $88,685.00
  • Operating Expense: $34,300.00
  • Gross Income: $53,800.00
Unit Information
Unit 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • SqFt: 1200.0
Unit 2
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • SqFt: 800.0
Unit 3
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $550.00
  • SqFt: 800.0
Unit 4
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • SqFt: 700.0
Unit 5
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $550.00
  • SqFt: 700.0
Unit 6
  • BedsTotal: 0
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $200.00
  • SqFt: 250.0
Unit 7
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $850.00
  • SqFt: 1056.0
Unit 8
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $500.00
  • SqFt: 720.0
Rental
Rental Information
  • Tenant Pays: Electric, Trash
  • Owner Pays: Gas, Water
  • Terms Available: Cash, Conventional, Land Contract

Property History for 4580 Farrell Road, Unit COTTONWOOD FARM

DateEvent & SourcePriceAppreciation
Aug 30, 2012

Sold

Realcomp #55021035465

$230,000—
Aug 30, 2012

Sold

Michigan Regional Information Center #21035465

$230,000—
Dec 19, 2011

Contract Signed

Realcomp #55021035465

—
DateEvent & SourcePrice
08/30/2012

Sold

Realcomp #55021035465

$230,000
08/30/2012

Sold

Michigan Regional Information Center #21035465

$230,000
12/19/2011

Contract Signed

Realcomp #55021035465

—

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

Schools near 4580 Farrell Road, Unit COTTONWOOD FARM

This home is within Dexter Community School District.
Rating
School
Type
Grades
Distance
Bates Elementary School
Public - PK to 2
Cornerstone Elementary School
Public - PK to 2
Wylie Elementary School
Public - 3 to 4
Creekside Intermediate School
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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
4580 Farrell Road, Dexter, MI 48130
$625,000
–
7,885
5.25
4644 Farrell Road, Dexter, MI 48130
$45,000
–
–
–
2.41
4660 Farrell Road, Dexter, MI 48130
$45,000
–
–
–
2.81
5583 Webster Church Road, Dexter, MI 48130
–
–
–
–
3.68
4569 Farrell Road, Dexter, MI 48130
$1,583,215
6
8,432
4.58

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C-21 Affiliated - Jackson

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.