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Jackson 49240
2271 MAUTE RD
$155,000
● House - Off Market

2271 MAUTE RD

Grass Lake, MI 49240
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,384 Ft²
$316,767
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Owned by the same family since new.  Excellent condition.  Brick and vinyl ranch on nearly 9 acres in Grass Lake twp. between Grass Lake and Chelsea.  Quiet location.  2 large bedrooms.  2 full bathrooms, including a master.  Lots of storage.  Full basement.  Central air.  2 car attached garage and oversized 1 car detached garage.  Updated kitchen with stainless appliances.  Large back yard with lots of privacy.  Move-in ready. Mineral/gas/oil rights will not be conveyed with the property.
Unit Size
1,384 Ft²
Days on Market
-
Land Size
8.97 acres
Price per sqft
$123
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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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: 3 years ago (MichRIC MLS #21063112)

Price History

Date / Event Date Event Price
Apr 23, 2015 Sold
Premium
Sold
Jan 8, 2015 Sold
Premium
Sold
Jul 1, 2014 Listed by THINKING REAL ESTATE $169,900
Listed by THINKING REAL ESTATE

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 1,136
  • Garage Type: 7
  • Garage Square Area: 912
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 390,559
  • Lot Size Depth Feet: 13,212
  • Total Building Area: 1,186
  • Building Area: 1,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,186
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRASS LAKE
  • Land Acres: 0000008966
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT 2935.75 FT S OF NE COR OF SEC 27 TH CONTINUING S 296.66 FTTH S 89?36'W 1321.6 FT TH N 296.66 FT TH N 89?36'E

Neighborhood

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

Zoning

  • Zoning: R1-SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 000-10-27-426-002-01
  • Meridian: SEC 27 TWN 02S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2697
  • Longitude: -84.1744

    Address

  • Full Address: 2271 Maute Rd
  • Address - House Number: 2271
  • Address - Street Name: Maute
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R044
  • 4-Digit Zip Code: 9326
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $214,006
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 290,446
  • High Value: 346,595
  • Low Value: 234,297

    Market Valuation

  • Market Total Value: $204,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2708473
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: MARC J MEYER, THINKING REAL ESTATE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21063112
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 2271 Maute Road built and last sold?
The property at 2271 Maute Road was built in 1973 and last sold on Apr 3, 2015 for $155,000.
How much is this home worth?
The estimated value of the home located at 2271 Maute Road is $172,752.
What are some comparable homes to 2271 Maute Road?
There are currently no comparable homes to 2271 Maute Road.
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