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Jackson 49201
2515 S SANDSTONE RD
$150,000
● House - Off Market

2515 S SANDSTONE RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,882 Ft²
$233,126
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A phenomenal opportunity! This solid 3 bedroom ranch home is situated in a beautiful private setting on 3.18 acres with an Up North feel and has so much great potential! Original ownership, Western Schools, spacious rooms, hardwood floors under carpet, all appliances stay, walk-out basement with potential for a nice rec room & full bath, great storage, 1-car attached garage plus workshop, 40'x 28' 3-car detached garage, the 28'x30' rustic barn has a beautiful loft space, fantastic possibilities! This property has all the right attributes to make your dreams come true, you can move in and make it yours over time! Don't wait, arrange for your showing today!
Unit Size
1,882 Ft²
Days on Market
-
Land Size
3.18 acres
Price per sqft
$85
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1956

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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 #21049548)

Price History

Date / Event Date Event Price
Feb 20, 2020 Sold
Premium
Sold
Nov 24, 2019 Listed by RE/MAX MID-MICHIGAN R.E. $160,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • 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: 1,257
  • Garage Type: 7
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 138,521
  • Total Building Area: 1,257
  • Building Area: 1,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,257
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003180
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE W 600 FT OF THE N 231 FT OF THE S 618 FT OF THE SE 1/4 OF NW 1/4 SEC 11 T3S R2W 3.18 A+/- SPLIT ON 01/06/2013 WITH

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-11-176-004-01
  • Meridian: SEC 11 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2271
  • Longitude: -84.5155

    Address

  • Full Address: 2515 S Sandstone Rd
  • Address - House Number: 2515
  • Street Direction: S
  • Address - Street Name: Sandstone
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9374
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,121
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 223,193
  • High Value: 266,748
  • Low Value: 179,639

    Market Valuation

  • Market Total Value: $174,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,000

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2843211
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: Randy Hoyt, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21049548
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 2515 South Sandstone Road built and last sold?
The property at 2515 South Sandstone Road was built in 1956 and last sold on Jan 31, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 2515 South Sandstone Road is $158,263.
What are some comparable homes to 2515 South Sandstone Road?
There are currently no comparable homes to 2515 South Sandstone Road.
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