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Jackson 49240
2565 Wolf Lake Road
$182,000
● House - Off Market

2565 Wolf Lake Road

Grass Lake, MI 49240
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,126 Ft²
$171,869
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Located in Grass Lake Twp. and School District, this affordably priced 4 bedroom ranch home on nearly an acre is available. Main floor features foyer, living room, kitchen with appliances included, dining room, four bedrooms, one full bath, office, pantry, laundry room, and  storage room. Basement offers more storage space, and utilities. Exterior offers ramped entrance, deck, and space for your new pole barn. This location is close to parks, lakes, shopping, dining, and more in Grass Lake.
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$80
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1900

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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 #22019683)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 23, 2022 Listed by BNR Real Estate Group $169,900
Listed by BNR Real Estate Group
May 1, 2019 Sold
Premium
Sold
Mar 10, 2019 Listed by BNR Real Estate Group $115,900
Listed by BNR Real Estate Group
Dec 11, 2014 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,406
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Lot Size Depth Feet: 2,722
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,126
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRASS LAKE
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT CEN 1/4 COR OF SEC 8 TH S01?06'47"W ALG N&S 1/4 LN & CEN LN OF WOLF LAKE RD 200 FT TO POB TH N88?34'35"E 274.45 FT TH

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: 000-15-08-400-001-23
  • Meridian: SEC 08 TWN 03S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2249
  • Longitude: -84.2191

    Address

  • Full Address: 2565 Wolf Lake Rd
  • Address - House Number: 2565
  • Address - Street Name: Wolf Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R046
  • 4-Digit Zip Code: 9424
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $226,777
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 170,041
  • High Value: 188,561
  • Low Value: 151,521

    Market Valuation

  • Market Total Value: $187,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2822331
  • Previous Sale Recording Date: Dec 11, 2014
  • Previous Sale Contract Date: Dec 05, 2014
  • Previous Sale Amount: $68,000
  • 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: Doug Beiswanger, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22019683
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 2565 Wolf Lake Road built and last sold?
The property at 2565 Wolf Lake Road was built in 1900 and last sold on Apr 26, 2019 for $115,000.
How much is this home worth?
The estimated value of the home located at 2565 Wolf Lake Road is $0.
What are some comparable homes to 2565 Wolf Lake Road?
There are currently no comparable homes to 2565 Wolf Lake Road.
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