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Jackson 49240
15279 WATERLOO MUNITH RD
$146,000
● House - Off Market

15279 WATERLOO MUNITH RD

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,716 Ft²
$284,430
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Wow! Priced to sell quickly. You will feel like you're up north with this 3 level, A frame home on over 4 acres. Beautiful stone fireplace on 2 levels, large deck overlooking river & in-ground pool, many upgrades include central air 2012, new gutters 2013, new ground water drainage tile 2011, new roof 2010, new entry doors, Jackson County, Chelsea schools.
Unit Size
2,716 Ft²
Days on Market
-
Land Size
4.06 acres
Price per sqft
$54
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1973

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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 #21092348)

Price History

Date / Event Date Event Price
Oct 16, 2013 Sold
Premium
Sold
Aug 16, 2013 Listed by HOWARD HANNA REAL ESTATE SERVI $145,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Aug 4, 2006 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 34
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 176,854
  • Total Building Area: 1,902
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERLOO
  • Land Acres: 0000004060
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT THE INTERSECTION OF THE CEN LN OF HARR RD AND WATERLOO-MUNITH RD TH S 42%01'30''E 847.15 FT AND S 53%30'E 2364.22 FT

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: 81040
  • Census Tract: 006801

Geography

  • Assessors Map Reference: MAPS
  • District: 19
  • Parcel: 000-05-25-151-001-01
  • Meridian: SEC 25 TWN 01S RNG 02E
  • Municipality: WATERLOO TWP
  • Latitude: 42.359
  • Longitude: -84.1471

    Address

  • Full Address: 15279 Waterloo Munith Rd
  • Legal Unit: H,H,H
  • Address - House Number: 15279
  • Address - Street Name: Waterloo Munith
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R044
  • 4-Digit Zip Code: 9496
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $174,467
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 355,146
  • High Value: 422,726
  • Low Value: 287,566

    Market Valuation

  • Market Total Value: $312,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2013
  • Current Sale Recording Date: Oct 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2666339
  • Previous Sale Recording Date: Aug 04, 2006
  • Previous Sale Contract Date: Jul 27, 2006
  • Previous Sale Amount: $266,000
  • 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: MISTY SMITH, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21092348
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 15279 Waterloo Munith Road built and last sold?
The property at 15279 Waterloo Munith Road was built in 1973 and last sold on Oct 11, 2013 for $146,000.
How much is this home worth?
The estimated value of the home located at 15279 Waterloo Munith Road is $160,336.
What are some comparable homes to 15279 Waterloo Munith Road?
There are currently no comparable homes to 15279 Waterloo Munith Road.
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