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Jackson 49241
10880 OAK TREE LN
$179,900
● House - Off Market

10880 OAK TREE LN

Hanover, MI 49241
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,511 Ft²
$262,121
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

If you are looking for a beautiful, well built home on a quiet dead end street in Hanover-Horton Schools, then this is it! Three bedroom, three bath home sits on just over an acre with main floor laundry, extra deep garage, and partially finished walk-out basement. Home is updated, clean, freshly painted, and ready to move in!
Unit Size
1,511 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$119
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
2004

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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 #21090437)

Price History

Date / Event Date Event Price
Jan 17, 2020 Sold
Premium
Sold
Oct 29, 2019 Listed by PRODUCTION REALTY $179,900
Listed by PRODUCTION REALTY

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,136
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,264
  • Total Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001108
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COMM 66 FT W AND N01*W 305 FT OF THE S 1/4 CORNER OF SECTION 19 FOR POB, TH S88*W 322 FT, TH N01*W 150 FT, TH N88*E 322 FT,

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS 030
  • District: 05
  • Parcel: 000-17-19-300-001-17
  • Meridian: SEC 19 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1017
  • Longitude: -84.5863

    Address

  • Full Address: 10880 Oaktree Ln
  • Address - House Number: 10880
  • Address - Street Name: Oaktree
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Hanover
  • Carrier Code: R001
  • 4-Digit Zip Code: 9663
  • Zip Code: 49241

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $107,468
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 73
  • Final Value: 242,781
  • High Value: 291,011
  • Low Value: 194,552

    Market Valuation

  • Market Total Value: $191,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2020
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2840622
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

Rentals Near You

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MichRIC

Listed by: AMY E GILPIN, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21090437
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 10880 Oaktree Lane built and last sold?
The property at 10880 Oaktree Lane was built in 2004 and last sold on Jan 9, 2020 for $179,900.
How much is this home worth?
The estimated value of the home located at 10880 Oaktree Lane is $177,761.
What are some comparable homes to 10880 Oaktree Lane?
There are currently no comparable homes to 10880 Oaktree Lane.
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