For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Hillsdale
11400 Rutan Circle
$205,000
● House - Off Market

11400 Rutan Circle

Jerome, MI 49249
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$1,217
Est. Monthly
12.90%
Cap Rate

About This Property

Beautiful lake access home at all sports lake Leann! Pride of ownership really shows in this wonderful 3 bedroom, 2 full bathroom home. Lots of special details can be seen in all the little touches from the lighting to the tile backsplash in the kitchen and bathrooms.  Move in Ready! This home has many recent updates: New energy efficient furnace in 2024, New refrigerator, dishwasher and range in 2023, New water heater and water pump in 2021, New washer and dryer in 2020. The roof and windows were updated approximately 10 years ago. Home is close to the lake and the park. Many community activities to enjoy at the beach and parks. Apply for a mooring spot through the Lake LeAnn association. Move in and enjoy the lake!
Unit Size
1,352 Ft²
Days on Market
18 days
Land Size
0.32 acres
Price per sqft
$163
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #25041968)

Price History

Date / Event Date Event Price
Sep 5, 2025 Sold
Premium
Sold
Aug 21, 2025 In contract -
In contract
Aug 18, 2025 Listed by RE/MAX IRISH HILLS REALTY $219,900
Listed by RE/MAX IRISH HILLS REALTY
Nov 20, 2018 Sold
Premium
Sold
Oct 12, 2018 Listed by RE/MAX IRISH HILLS REALTY $124,500
Listed by RE/MAX IRISH HILLS REALTY
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,896
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LE ANN - GREENBRIAR
  • Land Acres: 0000000319
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 194 LAKE LE ANN - GREENBRIAR PLAT TWO SEC 5 T5S R1W

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-140-001-048
  • Lot: 194
  • Meridian: SEC 05 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0663
  • Longitude: -84.4419

    Address

  • Full Address: 11400 Rutan Cir
  • Address - House Number: 11400
  • Address - Street Name: Rutan
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9530
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $94,685

    Appraisal Valuation

  • Standard Deviation: 0.2656
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 208,882
  • High Value: 264,368
  • Low Value: 153,395

    Market Valuation

  • Market Total Value: $145,608
  • Market Land Value: $5,965
  • Market Improvement Value: $139,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 11, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $97,500
  • 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 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25041968
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 11400 Rutan Circle built and last sold?
The property at 11400 Rutan Circle was built in 2005 and last sold on Nov 20, 2018 for $124,500.
How much is this home worth?
The estimated value of the home located at 11400 Rutan Circle is $0.
What are some comparable homes to 11400 Rutan Circle?
There are currently no comparable homes to 11400 Rutan Circle.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Somerset Homes for Sale
Somerset Houses for Sale
Somerset Land for Sale
Somerset Commercial for Sale
Somerset Homes with Basements
Somerset Homes with Pools
Somerset Homes with Parking
Somerset Homes with Garages
Nearby Cities
Brooklyn Homes for Sale
Manitou Beach-Devils Lake Homes for Sale
Addison Homes for Sale
Hanover Homes for Sale
North Adams Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Lenawee County, MI Property Records
Branch County, MI Property Records
Calhoun County, MI Property Records
Williams County, OH Property Records
Fulton County, OH Property Records
Washtenaw County, MI Property Records
Nearby Counties
Columbia Homes for Sale
Woodstock Homes for Sale
Liberty Homes for Sale
Hanover Homes for Sale
Rollin Homes for Sale
Adams Homes for Sale
Moscow Homes for Sale
Wheatland Homes for Sale
Top Real Estate Agents
Top Agents in Somerset
Top Agents in Columbia
Top Agents in 49233
Top Agents in Woodstock
Top Agents in Liberty
Top Agents in Hanover
Top Agents in 49253
Top Agents in Rollin