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Jackson 49237
11099 Sears Road
$230,000
● House - Off Market

11099 Sears Road

Concord, MI 49237
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,612 Ft²
$1,240
Est. Monthly
6.47%
Cap Rate

About This Property

Classic Farmhouse on 4 acres with beautiful back yard hosting gorgeous garden beds, walking paths through the welcoming trees, seating spots for peaceful rests, potting shed and a spacious Barn with metal roof. Inviting front porch. Country kitchen. Formal dining. Back living room warmed by a propane parlor stove. Full bath on main floor. Main floor laundry. 3 Bedrooms upstairs with half bath. (One bedroom is quite cozy)  Relaxing deck surrounding back. Side deck protected with a pergola for comfortable summer seating & perfect to enjoy nature. Seller had horses in the past. Stone basement typical for era of home. Some plants are reserved.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$143
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #23140479)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
Oct 31, 2023 Listed by ERA REARDON REALTY, L.L.C. $230,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 1, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 606
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Lot Size Depth Feet: 3,730
  • Lot Size Frontage Feet: 4,140
  • Total Building Area: 1,004
  • Building Area: 1,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT W 1/4 POST OF SEC 36 TH E ALG E&W 1/4 LN 414.04 FT TH N PAR WITH W SEC LN 373.67 FT TH W PAR WITH E&W 1/4 LN TO W SEC

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006403

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 03
  • Section: 36
  • Parcel: 000-11-36-151-002-00
  • Meridian: SEC 36 TWN 03S RNG 03W
  • Municipality: CONCORD TWP
  • Latitude: 42.1677
  • Longitude: -84.6147

    Address

  • Full Address: 11099 Sears Rd
  • Address - House Number: 11099
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Concord
  • Carrier Code: R031
  • 4-Digit Zip Code: 9574
  • Zip Code: 49237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,859
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1106
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 88
  • Final Value: 225,530
  • High Value: 250,474
  • Low Value: 200,586

    Market Valuation

  • Market Total Value: $135,400
  • Market Land Value: $135,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,700
  • Assessed Land Value: $67,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 1987
  • Current Sale Recording Date: Jun 01, 1987
  • Current Sale Price:
    Premium
  • Current 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

Rentals Near You

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MichRIC

Listed by: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23140479
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 11099 Sears Road built and last sold?
The property at 11099 Sears Road was built in 1890 and last sold on Jun 1, 1987 for $39,500.
How much is this home worth?
The estimated value of the home located at 11099 Sears Road is $0.
What are some comparable homes to 11099 Sears Road?
There are currently no comparable homes to 11099 Sears Road.
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