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Jackson 49269
2312 S PARMA RD
$200,000
● House - Off Market

2312 S PARMA RD

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,898 Ft²
$332,490
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Great Western Schools home on a beautifully landscaped 1.8 acre lot that sets peacefully off the road. This home offers three bedrooms, an office, 2 full baths along with a half bath and laundry room on the main floor, a large eat-in kitchen, formal dining room, hardwood floors and a cozy living room fireplace. The front of the house greets your guests with an inviting covered porch. The back deck is just for you! There you will relax in the hot tub, enjoy grilling and outdoor entertaining as you enjoy the private country setting. Don't miss the opportunity to make this home "Your Own"!
Unit Size
1,898 Ft²
Days on Market
51 days
Land Size
1.84 acres
Price per sqft
$110
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1997

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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: 9 months ago (MichRIC MLS #21056651)

Price History

Date / Event Date Event Price
Dec 31, 2020 Sold
Premium
Sold
Oct 30, 2020 Listed by Century 21 Affiliated - Jackson $254,900
Listed by Century 21 Affiliated - Jackson
Jul 31, 2017 Sold
Premium
Sold
Jun 5, 2017 Listed by Century 21 Affiliated - Jackson $208,000
Listed by Century 21 Affiliated - Jackson

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 768
  • 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: 80,150
  • Lot Size Depth Feet: 2,680
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001840
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SPLIT ON 04/09/1998 FROM 000-11-12-226-001-01; BEG AT E 1/4 POST OF SEC 12 TH N00DEG 05'30''W 890 FT ALG E SEC LN TH N87DEG

Neighborhood

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

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS 99-11B
  • District: 03
  • Parcel: 000-11-12-226-001-11
  • Meridian: SEC 12 TWN 03S RNG 03W
  • Municipality: CONCORD TWP
  • Latitude: 42.2285
  • Longitude: -84.6003

    Address

  • Full Address: 2312 S Parma Rd
  • Address - House Number: 2312
  • Street Direction: S
  • Address - Street Name: Parma
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R063
  • 4-Digit Zip Code: 9569
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,337
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 333,015
  • High Value: 392,681
  • Low Value: 273,349

    Market Valuation

  • Market Total Value: $265,200
  • Market Improvement Value: $265,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,600
  • Assessed Improvements Value: $132,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2869002
  • Previous Sale Recording Date: Jul 31, 2017
  • Previous Sale Contract Date: Jun 19, 2017
  • Previous Sale Amount: $200,000
  • 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: Debra Kruse, Century 21 Affiliated - Jackson
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 21056651
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 2312 South Parma Road built and last sold?
The property at 2312 South Parma Road was built in 1997 and last sold on Dec 17, 2020 for $253,500.
How much is this home worth?
The estimated value of the home located at 2312 South Parma Road is $0.
What are some comparable homes to 2312 South Parma Road?
There are currently no comparable homes to 2312 South Parma Road.
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