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Jackson 49230
123 PAULA DR
$245,000
● House - Off Market

123 PAULA DR

Brooklyn, MI 49230
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,580 Ft²
$528,717
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

This home is located on quiet cul de sac street out on the main water with over 175' of water frontage. Home offer heated garage, fire place in family room, enclosed sun room over looking lake, bath off lake and garage. Home has several updates and is very well taken care. Home is brick. This is a one of the supreme locations on the lake
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$155
Property Type
House
Property Taxes
$269
HOA Dues
$30
Year Built
1968

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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: 3 years ago (MichRIC MLS #21067589)

Price History

Date / Event Date Event Price
Nov 5, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Your Premiere Properties LLC $425,000
Listed by Your Premiere Properties LLC
Oct 26, 2012 Sold
Premium
Sold
Jun 12, 2012 Listed by Your Premiere Properties LLC $245,000
Listed by Your Premiere Properties LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 475
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,157
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,580
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY SHORES
  • Land Acres: 0000000325
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 31 ALSO BEG AT NW COR OF LOT 32 HOLIDAY SHORES TH IN A NELY DIRECTION FOLLOWING THE ARC OF THE CURVE OF PAULA DR 8 FT TH

Neighborhood

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

Zoning

  • Zoning: RLS

Geography

  • Assessors Map Reference: MAPS 79C
  • District: 02
  • Parcel: 000-19-22-428-030-01
  • Lot: 31-32
  • Municipality: COLUMBIA TWP
  • Latitude: 42.1049
  • Longitude: -84.2878

    Address

  • Full Address: 123 Paula Dr
  • Address - House Number: 123
  • Address - Street Name: Paula
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R005
  • 4-Digit Zip Code: 9707
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866,291
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 517,831
  • High Value: 633,518
  • Low Value: 402,143

    Market Valuation

  • Market Total Value: $462,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,100

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2835478
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: FRAN A SLAT, Your Premiere Properties LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21067589
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 123 Paula Drive built and last sold?
The property at 123 Paula Drive was built in 1968 and last sold on Oct 30, 2019 for $425,000.
How much is this home worth?
The estimated value of the home located at 123 Paula Drive is $0.
What are some comparable homes to 123 Paula Drive?
There are currently no comparable homes to 123 Paula Drive.
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