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Jackson 49240
2121 WOLF LAKE RD
$308,000
● House - Off Market

2121 WOLF LAKE RD

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,482 Ft²
$350,766
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Beautiful home sitting on 10 acres and the desired Grass Lake Township.
Unit Size
1,482 Ft²
Days on Market
-
Land Size
10.01 acres
Price per sqft
$199
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1994

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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 #21095866)

Price History

Date / Event Date Event Price
May 12, 2021 Sold
Premium
Sold
Feb 16, 2021 Listed by EXIT REALTY 1ST LLC $294,900
Listed by EXIT REALTY 1ST LLC
Nov 1, 1993 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 2
  • Bedroom Count: 3
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,482
  • Garage Type: 7
  • Garage Square Area: 714
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 436,036
  • Lot Size Depth Feet: 13,121
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010010
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 8 TH S 0?14'47''E 332.26 FT TO A PT FOR PL OFBEG OF THIS DESCN TH CONTINUING S 0?14'47''E 332.32 FT

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38050
  • Census Tract: 006804

Zoning

  • Zoning: R2- SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 000-15-08-200-004-02
  • Meridian: SEC 08 TWN 03S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2318
  • Longitude: -84.2185

    Address

  • Full Address: 2121 Wolf Lake Rd
  • Address - House Number: 2121
  • Address - Street Name: Wolf Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R046
  • 4-Digit Zip Code: 9192
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,383
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 380,240
  • High Value: 448,368
  • Low Value: 312,113

    Market Valuation

  • Market Total Value: $328,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2883540
  • Previous Sale Recording Date: Nov 01, 1993
  • Previous Sale Contract Date: Nov 01, 1993
  • Previous Sale Amount: $25,000
  • 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Benjamin Kono, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095866
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 2121 Wolf Lake Road built and last sold?
The property at 2121 Wolf Lake Road was built in 1994 and last sold on May 7, 2021 for $308,000.
How much is this home worth?
The estimated value of the home located at 2121 Wolf Lake Road is $0.
What are some comparable homes to 2121 Wolf Lake Road?
There are currently no comparable homes to 2121 Wolf Lake Road.
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