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Hillsdale
11144 Pinewood Drive
$575,000
● House - Off Market

11144 Pinewood Drive

Jerome, MI 49249
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,252 Ft²
$3,317
Est. Monthly
$28
HOA / Fees
6.88%
Cap Rate

About This Property

LAKEFRONT LIVING AT ITS BEST! Nestled between North & South Lake LeAnn, this expansive 4-5 BDRM/2BA sprawling ranch home offers over 3200 fin sq ft & approx 190 ft of frontage. Set on 2 meticulously maintained lots steel seawall & dual concrete driveways leading to the 3 car garages, this property offers unbeatable main lake views! Inside, enjoy a great layout w/finished walkout lower level including rec room & entertainment area w/4th bedroom & full bath-perfect for hosting or relaxing. The inviting 3-seasons room opens to the deck w/a patio & hot tub below-ideal for unwinding while taking in the serene lake setting. This incredibly rare property offers space & unmatched lakefront lifestyle on private, all-sport lakes! Updates include: furnace, AC, drainfield, hot tub, kitchen appliances
Unit Size
3,252 Ft²
Days on Market
50 days
Land Size
0.04 acres
Price per sqft
$181
Property Type
House
Property Taxes
$396
HOA Dues
$28
Year Built
1977

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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: 2 years ago (MichRIC MLS #25034528)

Price History

Date / Event Date Event Price
Sep 2, 2025 Sold
Premium
Sold
Aug 8, 2025 In contract -
In contract
Jul 14, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $589,000
Listed by RE/MAX MID-MICHIGAN R.E.
May 6, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 8
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,630
  • Garage Type: 7
  • Garage Square Area: 1,068
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,540
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,630
  • Gross Building Area: 1,652
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LE ANN - ROYAL SHORES
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 53 LAKE LE ANN - ROYAL SHORES SEC 4 T5S R1W

Neighborhood

  • School District Name: Hanover-Horton Schools
  • Census Tract: 050102

Zoning

  • Zoning: RL1

Geography

  • District: 04
  • Parcel: 04-180-001-056
  • Lot: 53
  • Meridian: SEC 04 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0648
  • Longitude: -84.438

    Address

  • Full Address: 11144 Pinewood Dr
  • Address - House Number: 11144
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9585
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,249

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 566,921
  • High Value: 713,822
  • Low Value: 420,019

    Market Valuation

  • Market Total Value: $447,942
  • Market Land Value: $59,436
  • Market Improvement Value: $388,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2015
  • Current Sale Recording Date: May 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 04, 2003
  • Previous Sale Contract Date: Mar 04, 2003
  • Previous Sale Document Type: 27
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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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: Stephanie Bosanac-Mortimer, RE/MAX MID-MICHIGAN R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25034528
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 11144 Pinewood Drive built and last sold?
The property at 11144 Pinewood Drive was built in 1977 and last sold on May 1, 2015 for $296,000.
How much is this home worth?
The estimated value of the home located at 11144 Pinewood Drive is $0.
What are some comparable homes to 11144 Pinewood Drive?
There are currently no comparable homes to 11144 Pinewood Drive.
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