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Jackson 49269
3115 N PARMA RD
$62,000
● House - Off Market

3115 N PARMA RD

Parma, MI 49269
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,321 Ft²
$121,664
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Beautiful, country setting. If you dream of  privacy and natural beauty this is the one you need to see. House sits on a hill surrounded by trees and nature on over an acre. Western schools and a short drive to Parma or Jackson.  With a little paint and polish this will be the prettiest, coziest house in town. Spacious living room has a big stone fireplace and huge picture window. Imagine sitting in front of a crackling fire watching snowflakes swirl. Cute, country kitchen has nice eating area and lots of natural light. Basement has a large finished rec-room area with dry bar and conveniently walks out to the garage. Also has a laundry room and loads of storage. Seller is buying a premium home warranty for you. You will kick yourself tomorrow if you don't call today!!
Unit Size
1,321 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$53
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
1956

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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 #21060131)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Nov 18, 2015 Listed by ERA REARDON REALTY, L.L.C. $69,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG IN W LN OF SEC 19 AT A PT 1838.62 FT S OF W 1/4 POST OF SD SEC TH E 227 FT TH S 173 FT TH S 80DEG W 230 FT TO W SEC LN TH

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006500

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 14
  • Parcel: 000-07-19-351-001-00
  • Meridian: SEC 19 TWN 02S RNG 02W
  • Municipality: SANDSTONE TWP
  • Latitude: 42.2786
  • Longitude: -84.5995

    Address

  • Full Address: 3115 N Parma Rd
  • Address - House Number: 3115
  • Street Direction: N
  • Address - Street Name: Parma
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R062
  • 4-Digit Zip Code: 9655
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $107,066
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 201,926
  • High Value: 250,758
  • Low Value: 153,094

    Market Valuation

  • Market Total Value: $143,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2016
  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2735541
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: Vikki Pudil, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21060131
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 3115 North Parma Road built and last sold?
The property at 3115 North Parma Road was built in 1956 and last sold on Mar 29, 2016 for $62,000.
How much is this home worth?
The estimated value of the home located at 3115 North Parma Road is $0.
What are some comparable homes to 3115 North Parma Road?
There are currently no comparable homes to 3115 North Parma Road.
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