For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson 49203
3551 Timber Lane Drive
$317,000
● House - Off Market

3551 Timber Lane Drive

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,361 Ft²
$308,264
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

~Welcome Home to 3551 Timber Lane ~  This home features 4 bedrooms and 2.5 baths with a 5th non-conforming bedroom possibility on the lower level. This home is on  a beautifully landscaped double lot (with backyard fenced in) that has a park-like setting in Summit township. This home boasts an attached 2 car garage as well as another 24x32 detached garage. Home has pride of ownership throughout and has had the same owners for over 30 years. New furnace (2022), 2 upstairs bathrooms remodeled (2021), asphalt drive recapped (2022), water softener (2022).
Unit Size
2,361 Ft²
Days on Market
23 days
Land Size
0.90 acres
Price per sqft
$131
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1969

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: 10 months ago (MichRIC MLS #23027587)

Price History

Date / Event Date Event Price
Aug 24, 2023 Sold
Premium
Sold
Aug 1, 2023 Listed by Century 21 Affiliated - Jackson $310,000
Listed by Century 21 Affiliated - Jackson

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 39
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 1,288
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,162
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 2,170
  • Total Building Area: 2,361
  • Building Area: 2,361
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,361
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION
  • Land Acres: 0000000922
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 39 AND 40 PINE VIEW ACRES SUBDIVISION NO 2 COMBINED ON 5/20/2005 - 391-13-08-106-021-00 AND 391-13-08-106-022-00

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: 391-13-08-106-021-01
  • Lot: 39-40
  • Municipality: SUMMIT TWP
  • Latitude: 42.2289
  • Longitude: -84.4618

    Address

  • Full Address: 3551 Timber Lane Dr
  • Address - House Number: 3551
  • 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: $251,608
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 315,918
  • High Value: 350,326
  • Low Value: 281,509

    Market Valuation

  • Market Total Value: $260,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,200

    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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: SARAH HARMON, Century 21 Affiliated - Jackson
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 23027587
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 3551 Timber Lane Drive built and last sold?
The property at 3551 Timber Lane Drive was built in 1969 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3551 Timber Lane Drive is $0.
What are some comparable homes to 3551 Timber Lane Drive?
There are currently no comparable homes to 3551 Timber Lane 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
Summit Homes for Sale
Summit Houses for Sale
Summit Condos for Sale
Summit Multifamily for Sale
Summit Land for Sale
Summit Commercial for Sale
Summit Homes with Basements
Summit Homes with Pools
Nearby Cities
Jackson Homes for Sale
Michigan Center Homes for Sale
Vandercook Lake Homes for Sale
Spring Arbor Homes for Sale
Parma Homes for Sale
Hanover Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Calhoun County, MI Property Records
Washtenaw County, MI Property Records
Ingham County, MI Property Records
Eaton County, MI Property Records
Lenawee County, MI Property Records
Branch County, MI Property Records
Nearby Counties
Jackson Homes for Sale
Leoni Homes for Sale
Blackman Homes for Sale
Columbia Homes for Sale
Napoleon Homes for Sale
Spring Arbor Homes for Sale
Liberty Homes for Sale
Hanover Homes for Sale
Top Real Estate Agents
Top Agents in Summit
Top Agents in 49201
Top Agents in 49203
Top Agents in Jackson
Top Agents in Jackson
Top Agents in 49202
Top Agents in Leoni
Top Agents in Blackman