For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson 49237
280 Lake Hills Drive
$315,000
● House - Off Market

280 Lake Hills Drive

Concord, MI 49237
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,946 Ft²
$2,210
Est. Monthly
7.23%
Cap Rate

About This Property

Custom built home in a park-like setting at the end of a cul-de-sac with tons of parking on almost an acre on the channel to all sports, 70 acre, Swains Lake! Has its own dock and is close to the swimming beach. Huge windows overlooking the channel. Features 5 bedrooms, 2.5 baths with a 2.5 car attached garage.  Multi-generational living option with separate entry, full bath and mini kitchenette (wet bar) and separate patio overlooking the water and backyard. Amish constructed built-ins. Large walk-in utility room with huge workspace. Newer windows, deck, and roof done by Amish. Separate storage building. 2 fireplaces, one up and one on the lower level. Hot tub stays! Great Fishing Lake!
Unit Size
2,946 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$119
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #24043349)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Sep 6, 2024 In contract -
In contract
Aug 30, 2024 Price Decreased $350,000
↓ $20K (5.4%)
Price Decreased
Aug 19, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $370,000
Listed by RE/MAX MID-MICHIGAN R.E.
Oct 10, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 484
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,859
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 2,270
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWAINS LAKE HILLS SUBDIVISION
  • Land Acres: 0000000938
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 17 SWAIN'S LAKE HILLS SUBDIVISION NO 2

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006403

Zoning

  • Zoning: RNF-1

Geography

  • Assessors Map Reference: MAPS
  • District: 12
  • Parcel: 060-16-03-102-016-00
  • Lot: 17
  • Municipality: PULASKI TWP
  • Latitude: 42.1556
  • Longitude: -84.6509

    Address

  • Full Address: 280 Lake Hills Dr
  • Legal Unit: 17
  • Address - House Number: 280
  • Address - Street Name: Lake Hills
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Concord
  • Carrier Code: R032
  • 4-Digit Zip Code: 9741
  • Zip Code: 49237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,726
  • Tax Rate Code Area: 12

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 379,763
  • High Value: 447,805
  • Low Value: 311,721

    Market Valuation

  • Market Total Value: $395,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2833625
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: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24043349
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 280 Lake Hills Drive built and last sold?
The property at 280 Lake Hills Drive was built in 1961 and last sold on Oct 2, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 280 Lake Hills Drive is $0.
What are some comparable homes to 280 Lake Hills Drive?
There are currently no comparable homes to 280 Lake Hills Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Pulaski Homes for Sale
Pulaski Houses for Sale
Pulaski Land for Sale
Pulaski Homes with Basements
Pulaski Homes with Pools
Pulaski Homes with Parking
Pulaski Homes with Garages
Pulaski Homes with a View
Nearby Cities
Albion Homes for Sale
Spring Arbor Homes for Sale
Concord Homes for Sale
Litchfield Homes for Sale
Homer Homes for Sale
Hanover Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Calhoun County, MI Property Records
Branch County, MI Property Records
Eaton County, MI Property Records
Lenawee County, MI Property Records
Steuben County, IN Property Records
Williams County, OH Property Records
Nearby Counties
Spring Arbor Homes for Sale
Albion Homes for Sale
Hanover Homes for Sale
Concord Homes for Sale
Litchfield Homes for Sale
Homer Homes for Sale
Litchfield Homes for Sale
Scipio Homes for Sale
Top Real Estate Agents
Top Agents in Pulaski
Top Agents in Spring Arbor
Top Agents in Albion
Top Agents in Albion
Top Agents in 49250
Top Agents in Hanover
Top Agents in 49283
Top Agents in 49237