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Jackson 49283
3196 MATTHEWS
$172,500
● House - Off Market

3196 MATTHEWS

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$296,887
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Beautiful setting in Western School District for this 2006 built 4BR/2.5BA ranch home offering an open floor plan, living room with fireplace and a beautiful dining room and kitchen. Appliance package included and plenty of cabinet and counter space. Main floor laundry. Master suite with private bath. Full basement with 8' ceiling. New water heater 2015. 2.5 car attached garage. Deck overlooking the back yard and a 1.5 acre setting.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$104
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
2004

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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 #21088988)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by HOWARD HANNA REAL ESTATE SERVI $229,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Jun 30, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by HOWARD HANNA REAL ESTATE SERVI $174,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 8
  • 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: 1,680
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COMMENCING AT THE INTERSECTION OF THE CENTERLINE OF KING RD AND N-S 1/4 LINE OF SEC 17, T3S, R2W, TH S-00?30'00"-E ON THE N-S

Neighborhood

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

Zoning

  • Zoning: AG-1

Geography

  • District: 15
  • Parcel: 000-12-17-126-008-04
  • Meridian: SEC 17 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR
  • Latitude: 42.2167
  • Longitude: -84.571

    Address

  • Full Address: 3196 Mathews Rd
  • Address - House Number: 3196
  • Address - Street Name: Mathews
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R082
  • 4-Digit Zip Code: 9664
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2014
  • Tax Amount: $7,285,700
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Aug 14, 2019
  • Confidence Score: 89
  • Final Value: 218,374
  • High Value: 251,725
  • Low Value: 185,023

    Market Valuation

  • Market Total Value: $166,854
  • Market Land Value: $10,160
  • Market Improvement Value: $156,694

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $86,790
  • Assessed Land Value: $5,080
  • Assessed Improvements Value: $81,710

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2828292
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $172,500
  • Previous Sale Document Type: 54
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: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21088988
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 3196 Mathews Road built and last sold?
The property at 3196 Mathews Road was built in 2004 and last sold on Jul 25, 2019 for $207,000.
How much is this home worth?
The estimated value of the home located at 3196 Mathews Road is $229,872.
What are some comparable homes to 3196 Mathews Road?
There are currently no comparable homes to 3196 Mathews Road.
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