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Jackson 49201
10000 LEE RD
$231,000
● House - Off Market

10000 LEE RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,888 Ft²
$300,869
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Country living at its finest with an easy commute to Jackson or Ann Arbor. Just under 2 acres, this ranch home is located in Grass Lake Township, on the corner of Lee and Gray Tower Road. This home features three bedrooms, one and a half bath, an open kitchen, dining and living room, with an attached two and a half car garage. Updates include new windows, newer hot water system, and a newer forced air conditioning system. The finished lower level offers additional square footage with a large recreation room, and the unfinished utility room already has the washer and dryer hookups. Enjoy the scenic back yard with a convenient storage shed for outdoor tools. This home comes with a 12 month home warranty from America's Preferred Home Warranty Company.
Unit Size
1,888 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$121
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1972

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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 #21047190)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by TOM SCHINDLER, REALTOR $229,000
Listed by TOM SCHINDLER, REALTOR

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,288
  • Garage Type: 7
  • Garage Square Area: 648
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,249
  • Lot Size Depth Feet: 2,629
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001980
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SW COR OF SEC 8 TH N 02?08'41''E 262.89 FT TH E PAR WITH S SEC LN 328.86 FT TH S 02?12'12''W TO S SEC LN TH W TO BEG.

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38050
  • Census Tract: 006804

Zoning

  • Zoning: R2- SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 000-15-08-351-001-01
  • Meridian: SEC 08 TWN 03S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2185
  • Longitude: -84.2291

    Address

  • Full Address: 10000 Lee Rd
  • Address - House Number: 10000
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 9121
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $229,433
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 293,434
  • High Value: 348,933
  • Low Value: 237,936

    Market Valuation

  • Market Total Value: $212,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2868386
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 Jackson

Stats & Trends

Median Asking:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

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MichRIC

Listed by: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047190
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 10000 Lee Road built and last sold?
The property at 10000 Lee Road was built in 1972 and last sold on Dec 14, 2020 for $231,000.
How much is this home worth?
The estimated value of the home located at 10000 Lee Road is $223,922.
What are some comparable homes to 10000 Lee Road?
There are currently no comparable homes to 10000 Lee Road.
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