For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson 49269
1864 Chapel Road
$115,000
● House - Off Market

1864 Chapel Road

Parma, MI 49269
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,700 Ft²
$948
Est. Monthly

About This Property

Western Schools! Beautiful 5 acre lot! Large family home ready for you to bring it back to life! So much potential with 4 bedrooms! Large living room, kitchen and dining area and main floor laundry room.  We have a proposed survey drawing for a total of 4 splits (1 includes the house).  Take this opportunity and make some money! Township allows for the splits but needs final approval.
Unit Size
1,700 Ft²
Days on Market
107 days
Land Size
5.20 acres
Price per sqft
$88
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1800

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 9 months ago (MichRIC MLS #25057671)

Price History

Date / Event Date Event Price
Feb 26, 2026 Sold
Premium
Sold
Feb 15, 2026 In contract -
In contract
Nov 10, 2025 Listed by Century 21 Affiliated - Jackson $150,000
Listed by Century 21 Affiliated - Jackson
Mar 1, 1991 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 450
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 226,512
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THAT PART OF W 15 CHS OF N 1/2 OF SW 1/4 OF SW 1/4 LYING W OF CEN OF CHAPEL RD SEC 4 T3S R2W

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006401

Zoning

  • Zoning: RNF-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-04-351-001-00
  • Meridian: SEC 04 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2359
  • Longitude: -84.5602

    Address

  • Full Address: 1864 Chapel Rd
  • Address - House Number: 1864
  • Address - Street Name: Chapel
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R064
  • 4-Digit Zip Code: 9402
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $172,377
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.4739
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 5
  • Final Value: 152,224
  • High Value: 224,368
  • Low Value: 80,079

    Market Valuation

  • Market Total Value: $123,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 1991
  • Current Sale Recording Date: Mar 01, 1991
  • Current Sale Price:
    Premium
  • Current 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: RHONDA K. MILES, Century 21 Affiliated - Jackson
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 25057671
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 1864 Chapel Road built and last sold?
The property at 1864 Chapel Road was built in 1800 and last sold on Mar 1, 1991 for $12,000.
How much is this home worth?
The estimated value of the home located at 1864 Chapel Road is $155,864.
What are some comparable homes to 1864 Chapel Road?
There are currently no comparable homes to 1864 Chapel Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Spring Arbor Homes for Sale
Spring Arbor Houses for Sale
Spring Arbor Condos for Sale
Spring Arbor Multifamily for Sale
Spring Arbor Land for Sale
Spring Arbor Commercial for Sale
Spring Arbor Homes with Basements
Spring Arbor Homes with Pools
Nearby Cities
Jackson Homes for Sale
Vandercook Lake Homes for Sale
Concord Homes for Sale
Parma Homes for Sale
Hanover Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Calhoun County, MI Property Records
Eaton County, MI Property Records
Ingham County, MI Property Records
Branch County, MI Property Records
Washtenaw County, MI Property Records
Lenawee County, MI Property Records
Nearby Counties
Jackson Homes for Sale
Summit Homes for Sale
Blackman Homes for Sale
Liberty Homes for Sale
Hanover Homes for Sale
Sandstone Homes for Sale
Concord Homes for Sale
Parma Homes for Sale
Top Real Estate Agents
Top Agents in Spring Arbor
Top Agents in 49201
Top Agents in 49203
Top Agents in Jackson
Top Agents in Jackson
Top Agents in Summit
Top Agents in 49202
Top Agents in Blackman