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Jackson 49230
107 PAULA DR
$385,500
● House - Off Market

107 PAULA DR

Brooklyn, MI 49230
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,347 Ft²
$421,216
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

HERE IT IS!!! Affordable Lakefront Home or Summer Place at Lake Columbia on a protected cove (leave both of your docks in year round) with 80' of frontage just feet from the main lake, with a comfortable, light and bright interior, and a nice composite deck with retractable awning, and a nice grassy lawn and landscaping to take you to the waters edge for lakeside outdoor living. Or, enjoy the spacious sun room if the weather happens to turn too hot or fowl.  Everything on one level, with abundant storage and mechanicals in the garage.  Sewer Assessment is paid in full!
Unit Size
1,347 Ft²
Days on Market
63 days
Land Size
0.21 acres
Price per sqft
$267
Property Type
House
Property Taxes
$555
HOA Dues
$32
Year Built
1976

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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: 9 months ago (MichRIC MLS #21095726)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
Apr 23, 2021 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $360,000
Listed by RE/MAX MID-MICHIGAN-BROOKLYN
Oct 8, 2015 Sold
Premium
Sold
Aug 10, 2015 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $264,000
Listed by RE/MAX MID-MICHIGAN-BROOKLYN
Aug 29, 2001 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 592
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,191
  • Lot Size Depth Feet: 1,135
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,347
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY SHORES
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 39 HOLIDAY SHORES

Neighborhood

  • School District Name: Columbia School District
  • School Tax School District: 38040
  • Census Tract: 006305

Zoning

  • Zoning: RLS

Geography

  • Assessors Map Reference: MAPS 79C
  • District: 02
  • Parcel: 000-19-22-428-037-00
  • Lot: 39
  • Municipality: COLUMBIA TWP
  • Latitude: 42.1066
  • Longitude: -84.2871

    Address

  • Full Address: 107 Paula Dr
  • Legal Unit: 39
  • Address - House Number: 107
  • Address - Street Name: Paula
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R005
  • 4-Digit Zip Code: 9707
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,651
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 452,004
  • High Value: 536,505
  • Low Value: 367,502

    Market Valuation

  • Market Total Value: $396,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2887906
  • Previous Sale Recording Date: Oct 08, 2015
  • Previous Sale Contract Date: Oct 01, 2015
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71
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: LARRY WETHERBY, RE/MAX MID-MICHIGAN-BROOKLYN
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 21095726
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 107 Paula Drive built and last sold?
The property at 107 Paula Drive was built in 1976 and last sold on Jun 23, 2021 for $385,500.
How much is this home worth?
The estimated value of the home located at 107 Paula Drive is $0.
What are some comparable homes to 107 Paula Drive?
There are currently no comparable homes to 107 Paula Drive.
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