NOT LISTED FOR SALE

4580 Farrell Rd Dexter, MI 48130

Webster Area

Estimated Value: $552,000 - $980,000

14 Beds
8 Baths
7,885 Sq Ft
$107/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2019

Last sale price $625,000 $79 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,914 / mo

212 Days on Market

Highlights

  • 5.25 Acre Lot
  • Covered Patio or Porch
  • Water Softener is Owned
  • Creekside Intermediate School Rated A-
  • Dehumidifier
  • Forced Air Heating System

About This Home

As of May 2019

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.***.

Last Agent to Sell the Property

Martha Leabu

Griffith Realty License #6501227788 Listed on: 09/18/2018

Last Buyer's Agent

Martha Leabu

Griffith Realty License #RCO-6501227788

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1850 | Remodeled in 2015

Lot Details

  • 5.25 Acre Lot
  • Lot Dimensions are 581x675x562x694

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Slab Foundation
  • Asphalt Roof
  • Metal Roof
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 8 Full Bathrooms
  • 7,885 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • 7 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number C00327100032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,679

Year Built

Built in 1850 | Remodeled in 2015

Lot Details

5.25 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Year Built: 1850
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Available, De-Humidifier, Laundry Facility, Water Softener (owned)
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Total Sq Ft: 7885

Exterior Features

  • Roof Material: Asphalt, Metal
  • Foundation Details: Basement, Slab
  • Construction Materials: Block/Concrete/Masonry, Vinyl, Wood
  • Exclusions: Yes
  • Foundation Materials: Block, Stone
  • Porch Type: Porch - Covered
  • Road Frontage Type: Gravel

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Forced Air, Hot Water
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 138095.2381
  • Lot Size Area: 5.25
  • Lot Dimensions: 581x675x562x694
  • Parcel Number: C00327100032
  • Zone Conform: Yes
  • Zoning: Agricultural

Rental Info

  • Rent Includes: Snow Removal, Yard Maintenance
  • Monthly Rental Income: 6146

Tax Info

  • Tax Amount Summer: 1914.0000
  • Tax Amount Winter: 7765.0000
  • Total Tax: 9679.0000

Multi Family

  • Gross Scheduled Income: 73752.00
  • Number Of Units Total: 7
  • Number of Efficiency Units: 1

MLS Schools

  • School District: Dexter

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
May 10, 2019
Sold by
Bought by
Seller's Agent
Martha Leabu
Griffith Realty
Buyer's Agent
Martha Leabu
Griffith Realty
List Price
$725,000
Sold Price
$625,000
Premium/Discount to List
-$100,000
-13.79%
Current Estimated Value
$840,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,667
Avg. Annual Appreciation
4.16%
Original Mortgage
$650,000
Outstanding Balance
$559,443
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$281,224

Purchase Details

Closed on
Jun 17, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,284
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Dexter, MI

  • Laura Toms Real Estate Agent - Century 21 Affiliated

    Laura Toms

    Century 21 Affiliated

    (517) 225-1288

    111 Total Sales

    1 in Webster

    $750,000 Price

    Laura Toms
     Section Image
  • Teresa Beaumont Real Estate Agent - EXP Realty Main

    Teresa Beaumont

    EXP Realty Main

    (947) 300-4609

    209 Total Sales

    2 in Webster

    $155K - $416K Price Range

    Teresa Beaumont
     Section Image
  • Valarie Arington Real Estate Agent - Century 21 Curran & Oberski

    Valarie Arington

    Responds Quickly

    Century 21 Curran & Oberski

    (734) 366-4849

    53 Total Sales

    1 in Webster

    $965,000 Price

    Valarie Arington
     Section Image
  • Karolynn Schofield Real Estate Agent - RE/MAX Platinum

    Karolynn Schofield

    RE/MAX Platinum

    (734) 822-9099

    79 Total Sales

    4 in Webster

    $490K - $669K Price Range

    Karolynn Schofield
     Section Image
  • Kristin Mills Real Estate Agent - Real Estate One

    Kristin Mills

    Real Estate One

    (734) 821-6541

    77 Total Sales

    2 in Webster

    $301K - $310K Price Range

    Kristin Mills
     Section Image
  • Mike Penn Real Estate Agent - Real Estate One Inc

    Mike Penn

    Real Estate One Inc

    (734) 808-3982

    125 Total Sales

    24 in Webster

    $58K - $1.7M Price Range

    Mike Penn
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Liberty Title
$230,000 None Available
$145,000 Liberty Title
$47,400 None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Previous Owner $401,284
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $625,000 -13.8% $79 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $725,000 -- $92 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,530 $428,400 $0 $0
2025 $3,530 $391,800 $0 $0
2024 $3,429 $369,700 $0 $0
2023 $3,266 $331,200 $0 $0
2022 $16,155 $305,600 $0 $0
2021 $15,675 $294,800 $0 $0
2020 $15,475 $284,000 $0 $0
2019 $10,206 $240,700 $240,700 $0
2018 $9,990 $235,200 $0 $0
2017 $9,646 $234,600 $0 $0
2016 $1,870 $176,009 $0 $0
2015 -- $175,483 $0 $0
2014 -- $185,100 $0 $0
2013 -- $185,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Martha Leabu

    Griffith Realty

See All Agents

Map

Source: Realcomp

MLS Number: 218091372

Realcomp

APN: 03-27-100-032

Michigan Washtenaw County Dexter 48130

4580 Farrell Rd, Dexter, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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