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Spring Arbor 49283
3470 Henderson Road
$345,000
● House - Off Market

3470 Henderson Road

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$336,022
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Custom built by Ken Moe.  Original owner was a mechanical contractor.  Home sits off the road affording lots of privacy.  Accessed by paved driveway.  Impeccably kept ranch styled home built on full finished walkout basement with 8' ceilings, 4th bedroom and 3rd bath.  Quality built and includes 2 x 6 sidewalls, Andersen windows, quartz kitchen counters, 18 x 36 heated inground pool, central vacuum, heated basement floors, underground lawn sprinkling system which covers front and side yards, whirlpool tub, on demand hot water heater, house generator and central air.  EXCLUDE:  Downstairs refrigerator.
Unit Size
2,500 Ft²
Days on Market
27 days
Land Size
0.91 acres
Price per sqft
$130
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1994

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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: 7 months ago (MichRIC MLS #22028416)

Price History

Date / Event Date Event Price
Aug 4, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Howard Hanna Real Estate $325,000
Listed by Howard Hanna Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 5
  • 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: 1,597
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Lot Size Depth Feet: 3,960
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,597
  • Building Area: 1,597
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,597
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000910
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 16 TH N 89%59'W ALG E&W 1/4 LN 929.55 FT TH N 0%57'22''W 450 FT TO A PT FOR PL OF BEG OF THIS DESCN

Neighborhood

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

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-16-276-002-02
  • Meridian: SEC 16 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2125
  • Longitude: -84.5454

    Address

  • Full Address: 3470 Henderson Rd
  • Address - House Number: 3470
  • Address - Street Name: Henderson
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R082
  • 4-Digit Zip Code: 9603
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,494
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 332,581
  • High Value: 368,804
  • Low Value: 296,358

    Market Valuation

  • Market Total Value: $293,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 1994
  • Current Sale Recording Date: Mar 01, 1994
  • Current 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 Spring Arbor

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1378 ft²

Average Home Age

53.3 years

Currently For Sale

3 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: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 22028416
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 3470 Henderson Road built and last sold?
The property at 3470 Henderson Road was built in 1994 and last sold on Mar 1, 1994 for $0.
How much is this home worth?
The estimated value of the home located at 3470 Henderson Road is $328,250.
What are some comparable homes to 3470 Henderson Road?
There are currently no comparable homes to 3470 Henderson Road.
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