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Hillsdale
11580 Rutan Circle
$237,900
● House - Off Market

11580 Rutan Circle

Jerome, MI 49249
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$248,256
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Enjoy the lake this summer! Sprawling ranch, Beautiful setting, tucked in, backs up to woods, Lake Association, All Sports 470 acres, Lake LeAnn, great floor plan over 2100 Sq Ft of living space, all one level, 4 bedrooms, 2 full bath, main floor laundry room, Nice open Kitchen dining area, formal front living room just freshly painted, Wonderful oversized family room with great open space, wood burning fireplace, stone surround, full basement, attached 2 car garage, 2 concrete driveways, lot of room for extra parking, rear deck overlooking nature great for relaxing, Nice curb appeal here.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$116
Property Type
House
Property Taxes
$166
HOA Dues
$38
Year Built
1997

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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 #22007097)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by ERA REARDON REALTY, L.L.C. $244,900
Listed by ERA REARDON REALTY, L.L.C.
May 23, 2017 Sold
Premium
Sold
Feb 16, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • 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: 9
  • Basement Area: 1,344
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,112
  • 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: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 211, 212 & 213 LAKE LE ANN GREENBRIAR PLAT TWO SEC 5 T5S R1W SPLIT ON 06/08/2001 FROM 04 140 001 107 - 04 140 001 067;

Neighborhood

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

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-140-001-108
  • Lot: 211,212
  • Meridian: SEC 05 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0672
  • Longitude: -84.4451

    Address

  • Full Address: 11580 Rutan Cir
  • Address - House Number: 11580
  • Address - Street Name: Rutan
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Jerome
  • Carrier Code: R042
  • 4-Digit Zip Code: 9662
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $211,956

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 292,135
  • High Value: 373,203
  • Low Value: 211,067

    Market Valuation

  • Market Total Value: $232,069
  • Market Land Value: $3,904
  • Market Improvement Value: $228,165

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 590467
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $73,505
  • 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

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MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22007097
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 11580 Rutan Circle built and last sold?
The property at 11580 Rutan Circle was built in 1997 and last sold on Apr 27, 2022 for $237,900.
How much is this home worth?
The estimated value of the home located at 11580 Rutan Circle is $0.
What are some comparable homes to 11580 Rutan Circle?
There are currently no comparable homes to 11580 Rutan Circle.
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