4580 Farrell Road, Unit COTTONWOOD FARM

Sold 8/30/12
Sold 8/30/12
Gallery Image 1
Sold
Last Sold Price
$230,000
14 beds
4580 Farrell Road, Unit COTTONWOOD FARM, Dexter, MI 48130
Multi FamilyProperty Type
5.25 acresLot Size
1830Year Built

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.
  • Listed by: JENNIFER FLACK 517.945.8208 jflack@c21affiliated.com • C-21 Affiliated - Jackson
Listing closed: 08/30/2012 12:00 AM • Source: Realcomp, MLS#: 55021035465

Recent comparable sales

Median sold price

$250,000

Avg days on market

265

Sale-to-list ratio

89.5%

Dexter, MI

9 comparable properties found

$227,000 | 4550 Mast Road, Dexter, MI 48130
1/18
1

$227,000

Sold 08/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres

4550 Mast Road, Dexter, MI 48130

$300,000 | 3847 Lake Vista Drive, Dexter, MI 48130
1/14
2

$300,000

Sold 04/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.69
Acres

3847 Lake Vista Drive, Dexter, MI 48130

$175,000 | Vl West Huron River Drive, Dexter, MI 48130
1/6
3

$175,000

Sold 12/09/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.37
Acres

Vl West Huron River Drive, Dexter, MI 48130

$134,000 | 4482 Lake Vista Drive, Dexter, MI 48130
1/3
4

$134,000

Sold 10/25/24

Unavailable
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Unavailable
Bathrooms
Unavailable
Square Feet
1.24
Acres

4482 Lake Vista Drive, Dexter, MI 48130

$340,000 | 4596 Lake Vista Drive, Dexter, MI 48130
1/24
5

$340,000

Sold 07/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.94
Acres

4596 Lake Vista Drive, Dexter, MI 48130

$125,000 | 4510 Lake Vista Drive, Dexter, MI 48130
1/3
6

$125,000

Sold 10/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
1.25
Acres

4510 Lake Vista Drive, Dexter, MI 48130

$265,000 | 0 Hickory Ridge Court, Dexter, MI 48130
1/7
7

$265,000

Sold 03/31/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
3.81
Acres

0 Hickory Ridge Court, Dexter, MI 48130

$1,350,000 | 6301 Gregory Road, Dexter, MI 48130
1/65
8

$1,350,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
21.7
Acres

6301 Gregory Road, Dexter, MI 48130

$250,000 | 0 Forshee Lane, Dexter, MI 48130
1/4
9

$250,000

Sold 09/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.48
Acres

0 Forshee Lane, Dexter, MI 48130

Amenities

  • Parking Included
  • Partial Basement
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Location

Listing Courtesy of C-21 Affiliated - Jackson

Sold By NON-MEMBER REALTOR 'SOLD'

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Principal and Interest

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Property Taxes

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Property Information for 4580 Farrell Road, Unit COTTONWOOD FARM

Property Details
  • Taxes: $3,516 / year
  • MLS Type: Residential Income / Multi Family
  • County: Washtenaw County
Building Information
  • Residences: 8
  • Year Built: 1830
  • Lot Size: 5.25 AC / 228,690 SF
Summary
Location and General Information
  • Directions: E. of Joy
  • Latitude: 42.363314
  • Longitude: -83.824617
  • MLS Area Major: Area04031Webster Twp
Taxes and HOA
  • Parcel Number: C00327100032
  • Tax Amount Summer: $3,515.61
  • Tax Annual Amount: $3,515.61
  • Tax Assessed Value: $70,079.00
  • Tax Legal Description: 5.25 Acres Section 27 T1S R5E
  • Tax Year: 11
School Information
  • High School District: Dexter
Parking
  • Parking Features: Gravel
Property
Lot Information
  • Lot Size Acres: 5.25
  • Lot Size Dimensions: 581x387x220x287102x408x23
  • Lot Features: Wooded
  • Road Surface Type: Unpaved Road
Property and Assessments
  • State Equalized Value: 193700.0
  • Class Name: Residential Income
  • Year Built: 1830
Building Features
  • Construction Materials: Aluminum Siding, Stone, Wood Siding
  • Foundation Details: Crawl Space, Partial Basement, Slab
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Basement: Partial
  • Has Basement: Yes
  • Heating: Forced Air, Natural Gas, Oil, Propane, Space Heater
  • Has Heating: Yes
  • UnitOneBedNumberOf: 1
  • UnitTwoBedNumberOf: 5
  • UnitThreeBedNumberOf: 1
Multi Family
Multi Family Information
  • Number of Units Total: 8
  • Unit Records: 8
Income & Expenses
  • Gross Scheduled Income: $53,800.00
  • Net Operating Income: $88,685.00
  • Operating Expense: $34,300.00
Unit Information
Unit 1
  • Total Rent: $500.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 1200.0
  • Type: Two Bedroom
Unit 2
  • Total Rent: $500.00
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Sq Ft: 800.0
  • Type: One Bedroom
Unit 3
  • Total Rent: $550.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 800.0
  • Type: Two Bedroom
Unit 4
  • Total Rent: $500.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 700.0
  • Type: Two Bedroom
Unit 5
  • Total Rent: $550.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 700.0
  • Type: Two Bedroom
Unit 6
  • Total Rent: $200.00
  • Total Bathrooms: 1
  • Sq Ft: 250.0
  • Type: Unknown Data Share
Unit 7
  • Total Rent: $850.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Sq Ft: 1056.0
  • Type: Three Bedroom
Unit 8
  • Total Rent: $500.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 720.0
  • Type: Two Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 4580 Farrell Road, Unit COTTONWOOD FARM

DateEvent & SourcePriceAppreciation
Aug 30, 2012

Sold

Realcomp #55021035465

$230,000—
Dec 19, 2011

Contract Signed

Realcomp #55021035465

—
Sep 20, 2011

Listed (Active)

Realcomp #55021035465

$299,900—
DateEvent & SourcePrice
08/30/2012

Sold

Realcomp #55021035465

$230,000
12/19/2011

Contract Signed

Realcomp #55021035465

—
09/20/2011

Listed (Active)

Realcomp #55021035465

$299,900

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4580 Farrell Road, Unit COTTONWOOD FARM, Dexter, MI 48130
$230,000
14
–
–
228,690
4580 Farrell Road, Dexter, MI 48130
$625,000
14
7,885
228,690
4580 Farrell Road, Unit COTTONWOOD FARM, Dexter, MI 48130
$230,000
14
–
228,690
4644 Farrell Road, Dexter, MI 48130
$45,000
–
–
–
104,980
4660 Farrell Road, Dexter, MI 48130
$45,000
–
–
–
122,404
4569 Farrell Road, Dexter, MI 48130
$1,583,215
6
8,432
199,505

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Listing Courtesy of C-21 Affiliated - Jackson

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