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Jackson 49241
12309 FOLKS RD
$84,500
● House - Off Market

12309 FOLKS RD

Hanover, MI 49241
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$149,889
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

This home sits on over 4 acres.  It is an open floor plan, secluded, newer home on a private drive.  It has a full basement with garden view windows just waiting to be finished.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
4.34 acres
Price per sqft
$44
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
2007

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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 #21062142)

Price History

Date / Event Date Event Price
Jul 11, 2017 Sold
Premium
Sold
Oct 23, 2015 Sold
Premium
Sold
Apr 1, 2015 Sold
Premium
Sold
Mar 9, 2015 Listed by HOWARD HANNA REAL ESTATE SERVI $84,500
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 1,920
  • Garage Type: 7
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 309,712
  • Lot Size Depth Feet: 6,618
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007110
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT THE N 1/4 COR OF SEC 22; TH N89DEG33'55"E ALG THE N LN OF SD SEC AND THE CENTERLINE OF FOLKS RD 974.00 FT TO THE POB

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006404

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS 36-16D
  • District: 12
  • Parcel: 000-16-22-201-006-11
  • Meridian: SEC 22 TWN 4S RNG 3W
  • Municipality: PULASKI TWP
  • Latitude: 42.1135
  • Longitude: -84.6381

    Address

  • Full Address: 12309 Folks Rd
  • Address - House Number: 12309
  • Address - Street Name: Folks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Hanover
  • Carrier Code: R001
  • 4-Digit Zip Code: 9606
  • Zip Code: 49241

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,310
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 247,915
  • High Value: 307,868
  • Low Value: 187,961

    Market Valuation

  • Market Total Value: $227,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2773853
  • Previous Sale Recording Date: Oct 23, 2015
  • Previous Sale Contract Date: Oct 19, 2015
  • Previous Sale Amount: $84,500
  • 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: LORI HAUETER, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21062142
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 12309 Folks Road built and last sold?
The property at 12309 Folks Road was built in 2007 and last sold on Jul 6, 2017 for $101,000.
How much is this home worth?
The estimated value of the home located at 12309 Folks Road is $0.
What are some comparable homes to 12309 Folks Road?
There are currently no comparable homes to 12309 Folks Road.
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