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Jackson 49230
115 Ivanhoe Drive
$364,500
● House - Off Market

115 Ivanhoe Drive

Brooklyn, MI 49230
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,635 Ft²
$2,068
Est. Monthly
$40
HOA / Fees
8.59%
Cap Rate

About This Property

Discover the perfect blend of country living and lake life with access to exclusive Lake Columbia! This spacious home features 4 large bedrooms plus a non-conforming 5th in the basement, offering room for everyone. Enjoy abundant storage with deep closets and a skylight-filled master suite featuring cathedral ceilings.  The remodeled bath and a modern kitchen add to the charm. A large deck overlooks the tranquil setting, including an additional wooded lot. Close proximity to Columbia Central Jr./Sr. High School and easy access to several of the Lake Columbia's 14 private parks make this home a true gem!
Unit Size
3,635 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$102
Property Type
House
Property Taxes
$211
HOA Dues
$40
Year Built
-

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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 #24049825)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Nov 9, 2024 In contract -
In contract
Nov 2, 2024 Relisted $369,900
Relisted
Sep 20, 2024 Listed by ERA REARDON REALTY, L.L.C. $369,900
Listed by ERA REARDON REALTY, L.L.C.
Aug 31, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,290
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,977
  • Lot Size Depth Feet: 1,388
  • Total Building Area: 2,449
  • Building Area: 2,449
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,449
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHERWOOD SHORES
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 162 ''SHERWOOD SHORES''

Neighborhood

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

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAPS 98C
  • District: 02
  • Parcel: 000-19-26-355-001-00
  • Lot: 162
  • Municipality: COLUMBIA TWP
  • Latitude: 42.0913
  • Longitude: -84.2926

    Address

  • Full Address: 115 Ivanhoe Dr
  • Legal Unit: 162
  • Address - House Number: 115
  • Address - Street Name: Ivanhoe
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R005
  • 4-Digit Zip Code: 8921
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,945
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 361,815
  • High Value: 401,223
  • Low Value: 322,408

    Market Valuation

  • Market Total Value: $273,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2018
  • Current Sale Recording Date: Aug 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2804249
  • Previous Sale Recording Date: Apr 03, 1997
  • Previous Sale Contract Date: Apr 03, 1997
  • Previous Sale Amount: $7,500
  • 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 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: Jennifer Chmielewski, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24049825
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 115 Ivanhoe Drive built and last sold?
The property at 115 Ivanhoe Drive was built in and last sold on Aug 22, 2018 for $173,000.
How much is this home worth?
The estimated value of the home located at 115 Ivanhoe Drive is $0.
What are some comparable homes to 115 Ivanhoe Drive?
There are currently no comparable homes to 115 Ivanhoe Drive.
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