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Jackson 49285
12490 Leeke Road
$215,000
● House - Off Market

12490 Leeke Road

Stockbridge, MI 49285
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,199 Ft²
$227,985
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautiful ranch in Stockbridge. This 3 bed/ 1 bath house has beautiful country views on just under an acre, just off of M-52 with convenience to both Chelsea and Jackson. New roof, fresh paint and carpet were installed 2022. Kinetico water system added in 2021, partially finished basement and a wood burning stove are just some things to love about this home!
Unit Size
2,199 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$98
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1978

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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 #23112701)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Nov 2, 2022 Listed by The Charles Reinhart Company $214,900
Listed by The Charles Reinhart Company
Nov 10, 2003 Sold
Premium
Sold
Feb 3, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 36,242
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,524
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000832
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NE COR OF W 1/2 OF SE 1/4 OF SEC 1 TH W 180 FT TH S 200 FT TH E 180 FT TH N 200 FT TO BEG. SEC 1 T1S R2E

Neighborhood

  • School District Name: Stockbridge Community Schools
  • School Tax School District: 33200
  • Census Tract: 006801

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: MAPS A-1
  • District: 19
  • Parcel: 000-05-01-401-001-01
  • Meridian: SEC 01 TWN 01S RNG 02E
  • Municipality: WATERLOO TWP
  • Latitude: 42.4161
  • Longitude: -84.1365

    Address

  • Full Address: 12490 Leeke Rd
  • Address - House Number: 12490
  • Address - Street Name: Leeke
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Stockbridge
  • Carrier Code: R003
  • 4-Digit Zip Code: 9408
  • Zip Code: 49285

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,139
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 247,575
  • High Value: 295,437
  • Low Value: 199,714

    Market Valuation

  • Market Total Value: $195,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2003
  • Current Sale Recording Date: Nov 10, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2326284
  • Previous Sale Recording Date: Feb 03, 1999
  • Previous Sale Contract Date: Dec 17, 1998
  • Previous Sale Amount: $116,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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: Holly M Valliere, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23112701
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 12490 Leeke Road built and last sold?
The property at 12490 Leeke Road was built in 1978 and last sold on Sep 29, 2003 for $137,500.
How much is this home worth?
The estimated value of the home located at 12490 Leeke Road is $222,663.
What are some comparable homes to 12490 Leeke Road?
There are currently no comparable homes to 12490 Leeke Road.
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