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Jackson 49237
15502 CORNELL
$210,000
● House - Off Market

15502 CORNELL

Concord, MI 49237
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,370 Ft²
$399,187
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Where to begin? The number of awesome features this home offers is endless! Geothermal heat, automatic sky lights with rain sensor, sprinkler system with drip irrigation, 2x6 walls, remote control ceiling fans, quartz countertops, wood floors, main floor laundry with ceramic tile, trim and doors were all sprayed with oil-based paint for extra durability, newer carpet, foyer closet converted to a bench/mud room area, newly finished second level, underground dog fencing around entire yard, a huge walk in shower in master, two walk-in closets in the master bedroom, five large above-grade bedrooms, three full baths, basement plumbed for another bath. All this and in pristine condition! This house is absolutely beautiful! Concord schools.
Unit Size
2,370 Ft²
Days on Market
-
Land Size
1.58 acres
Price per sqft
$95
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
2006

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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 #21060008)

Price History

Date / Event Date Event Price
Dec 18, 2015 Sold
Premium
Sold
Nov 3, 2015 Listed by PRODUCTION REALTY $224,900
Listed by PRODUCTION REALTY

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,570
  • 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: 68,825
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001580
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT THE S 1/4 POST SEC 20 TH W 1320 FT ALG S SEC LN FOR POB TH N 300 FT TH E 230 FT TH S 300 FT TH W 230 FT TO BEG. SEC 20

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006401

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS 36-11A
  • District: 03
  • Section: 20
  • Parcel: 000-11-20-376-001-08
  • Meridian: SEC 20 TWN 03S RNG 03W
  • Municipality: CONCORD TWP
  • Latitude: 42.1889
  • Longitude: -84.6891

    Address

  • Full Address: 15502 Cornell Rd
  • Address - House Number: 15502
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Concord
  • Carrier Code: R032
  • 4-Digit Zip Code: 9728
  • Zip Code: 49237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $133,557
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 399,456
  • High Value: 475,468
  • Low Value: 323,444

    Market Valuation

  • Market Total Value: $317,800
  • Market Improvement Value: $317,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,900
  • Assessed Improvements Value: $158,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2015
  • Current Sale Recording Date: Dec 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2727494
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: AMY E GILPIN, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21060008
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 15502 Cornell Road built and last sold?
The property at 15502 Cornell Road was built in 2006 and last sold on Dec 11, 2015 for $210,000.
How much is this home worth?
The estimated value of the home located at 15502 Cornell Road is $226,374.
What are some comparable homes to 15502 Cornell Road?
There are currently no comparable homes to 15502 Cornell Road.
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