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Hillsdale
12236 GRANDVIEW
$90,000
● House - Off Market

12236 GRANDVIEW

Jerome, MI 49249
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$194,851
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Neat as a pin Lake Leann access home.  Docking opportunities available through association rental. 3 bedrooms, private back yard with large deck, quiet cul de sac road. Large basement with high ceilings ready to finish off if desired.  Attached garage, open floor plan and many updates.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$75
Property Type
House
Property Taxes
$102
HOA Dues
$10
Year Built
1995

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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 #21075635)

Price History

Date / Event Date Event Price
Dec 28, 2016 Sold
Premium
Sold
Oct 10, 2016 Listed by ERA REARDON - BROOKLYN $119,900
Listed by ERA REARDON - BROOKLYN
Nov 26, 2013 Sold
Premium
Sold
Aug 21, 2013 Listed by ERA REARDON - BROOKLYN $99,900
Listed by ERA REARDON - BROOKLYN

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,000
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,240
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LE ANN - GRAND
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 62 LAKE LE ANN - GRAND VIEW SEC 10 T5S R1W

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050101

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-130-001-062
  • Lot: 62
  • Meridian: SEC 10 TWN 05S RNG 01W
  • Municipality: SOMERSET TWP
  • Latitude: 42.0561
  • Longitude: -84.4165

    Address

  • Full Address: 12236 Grandview Dr
  • Address - House Number: 12236
  • Address - Street Name: Grandview
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R041
  • 4-Digit Zip Code: 9734
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,583

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 128,286
  • High Value: 173,644
  • Low Value: 82,927

    Market Valuation

  • Market Total Value: $167,037
  • Market Land Value: $5,617
  • Market Improvement Value: $161,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2016
  • Current Sale Recording Date: Dec 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 22, 2013
  • Previous Sale Amount: $90,000
  • 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: ANNIE G HOOVER, ERA REARDON - BROOKLYN
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21075635
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 12236 Grandview Drive built and last sold?
The property at 12236 Grandview Drive was built in 1995 and last sold on Dec 21, 2016 for $123,000.
How much is this home worth?
The estimated value of the home located at 12236 Grandview Drive is $120,546.
What are some comparable homes to 12236 Grandview Drive?
There are currently no comparable homes to 12236 Grandview Drive.
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