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Jackson 49203
3543 Timber Ln Drive
$255,000
● House - Off Market

3543 Timber Ln Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,335 Ft²
$267,783
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This cozy, well maintained, executive ranch home is in an attractive neighborhood in Summit Township, just north of Spring Arbor Road near Lumen Christi High School, Cascades Golf Courses and Park. Featuring over 2335 sq ft.² of living space, with a large living room, formal dining room, a family room with a brick gas fireplace and sliding glass door leading to a spacious porch with lots of sunlight. A large kitchen with solid surface countertops and a complete appliance package. Convenient main floor laundry/storage/workshop room and spacious foyer. Main bedroom has an ensuite bath. Additional 2 bedrooms with updated full and ½ baths. Hardwood floors under carpets in most of the home. Other updates include a newer furnace and A/C, on demand water heater, newer windows, and fresh paint
Unit Size
2,335 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$111
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1967

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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 #22031140)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by TOM SCHINDLER, REALTOR $259,000
Listed by TOM SCHINDLER, REALTOR

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,513
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,863
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION
  • Land Acres: 0000000425
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 37 PINE VIEW ACRES SUBDIVISION NO 2

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005302

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS ABAND WELL
  • District: 17
  • Parcel: 391-13-08-106-019-00
  • Lot: 37
  • Municipality: SUMMIT TWP
  • Latitude: 42.229
  • Longitude: -84.4609

    Address

  • Full Address: 3543 Timber Lane Dr
  • Legal Unit: 37
  • Address - House Number: 3543
  • Address - Street Name: Timber Lane
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C035
  • 4-Digit Zip Code: 3627
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,430
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 262,461
  • High Value: 291,047
  • Low Value: 233,875

    Market Valuation

  • Market Total Value: $254,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,100

    Exemptions

  • Homeowner Exemption: Yes
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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22031140
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 3543 Timber Lane Drive built and last sold?
The property at 3543 Timber Lane Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3543 Timber Lane Drive is $265,995.
What are some comparable homes to 3543 Timber Lane Drive?
There are currently no comparable homes to 3543 Timber Lane Drive.
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