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Jackson 49251
12305 STATE RD
$186,000
● House - Off Market

12305 STATE RD

Leslie, MI 49251
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$241,404
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Very well maintained country rancher tucked in off the road on 2 acres.  Freshly painted, this home also features newer microwave, dishwasher, slider screen and pressure tank.  Off the large living room, the master bathroom features a jetted tub and lots of space.  Through the dining area and slider to a 2 tiered deck with Pergola, the kitchen features extra counter space, breakfast nook and laundry area.  Outside, the freshly washed deck overlooks a private fenced back yard.  Country, yet close to highway access!
Unit Size
1,352 Ft²
Days on Market
-
Land Size
2.05 acres
Price per sqft
$138
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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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 #21046986)

Price History

Date / Event Date Event Price
Jan 28, 2021 Sold
Premium
Sold
Nov 20, 2020 Listed by SPROAT REALTY PROFESSIONALS $185,900
Listed by SPROAT REALTY PROFESSIONALS
Aug 20, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,352
  • 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: 89,298
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 13
  • 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
  • Land Acres: 0000002050
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 4 TH S00DEG 05'20''W 1342.94 FT ALG E SEC LN TO A PT ON CEN LN OF TERRITORIAL RD TH N89DEG 37'W

Neighborhood

  • School District Name: Leslie Public Schools
  • School Tax School District: 33100
  • Census Tract: 006701

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 13
  • Parcel: 000-03-04-426-002-05
  • Meridian: SEC 04 TWN 01S RNG 01W
  • Municipality: RIVES TWP
  • Latitude: 42.4128
  • Longitude: -84.4258

    Address

  • Full Address: 12305 State Rd
  • Address - House Number: 12305
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Leslie
  • Carrier Code: R051
  • 4-Digit Zip Code: 9607
  • Zip Code: 49251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $136,610
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 265,643
  • High Value: 316,997
  • Low Value: 214,289

    Market Valuation

  • Market Total Value: $232,400
  • Market Land Value: $25,200
  • Market Improvement Value: $207,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,200
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $103,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2871391
  • Previous Sale Recording Date: Aug 20, 2007
  • Previous Sale Contract Date: Aug 13, 2007
  • Previous Sale Amount: $137,000
  • 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 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

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MichRIC

Listed by: DAVID M. ALLARD, SPROAT REALTY PROFESSIONALS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21046986
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 12305 State Road built and last sold?
The property at 12305 State Road was built in 2000 and last sold on Jan 20, 2021 for $186,000.
How much is this home worth?
The estimated value of the home located at 12305 State Road is $188,844.
What are some comparable homes to 12305 State Road?
There are currently no comparable homes to 12305 State Road.
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