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Jackson 49237
15091 HOMER RD
$23,000
● House - Off Market

15091 HOMER RD

Concord, MI 49237
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,536 Ft²
$53,005
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Situated on 5.45 acres in Concord, off M-60. Includes additional garage, 2nd house and shed. This is a Fannie Mae HomePath property.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
5.45 acres
Price per sqft
$15
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
-

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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 #21076987)

Price History

Date / Event Date Event Price
Mar 7, 2012 Sold
Premium
Sold
Jan 30, 2012 Listed by HOWARD HANNA REAL ESTATE SERVI $23,625
Listed by HOWARD HANNA REAL ESTATE SERVI
Dec 8, 2005 Sold
Premium
Sold
Sep 29, 1993 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 676
  • 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: 237,402
  • Lot Size Depth Feet: 3,200
  • Lot Size Frontage Feet: 6,500
  • Total Building Area: 2,157
  • Building Area: 2,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,157
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005450
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SE COR OF SEC 31 TH W ALG S SEC LN 1584 FT TH N PAR WITH N&S 1/4 LN 933.6 FT TH N 89DEG 1'E 656.5 FT TH N 0DEG 35'E

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006403

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS
  • District: 03
  • Parcel: 000-11-31-476-003-01
  • Meridian: SEC 31 TWN 03S RNG 03W
  • Municipality: CONCORD TWP
  • Latitude: 42.1634
  • Longitude: -84.6943

    Address

  • Full Address: 15091 Homer Rd
  • Address - House Number: 15091
  • Address - Street Name: Homer
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Concord
  • Carrier Code: R032
  • 4-Digit Zip Code: 9752
  • Zip Code: 49237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54,328
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 211,096
  • High Value: 251,265
  • Low Value: 170,926

    Market Valuation

  • Market Total Value: $171,400
  • Market Land Value: $171,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,700
  • Assessed Land Value: $85,700

    Sales

  • Current Sale Contract Date: Nov 23, 2005
  • Current Sale Recording Date: Dec 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2421368
  • Previous Sale Recording Date: Sep 29, 1993
  • Previous Sale Contract Date: Sep 29, 1993
  • Previous Sale Amount: $3,000
  • 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

Rentals Near You

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MichRIC

Listed by: MARY L LYONS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21076987
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 15091 Homer Road built and last sold?
The property at 15091 Homer Road was built in and last sold on Nov 23, 2005 for $103,000.
How much is this home worth?
The estimated value of the home located at 15091 Homer Road is $0.
What are some comparable homes to 15091 Homer Road?
There are currently no comparable homes to 15091 Homer Road.
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