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Jackson 49224
3712 LUDLOW
$226,000
● House - Off Market

3712 LUDLOW

Albion, MI 49224
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,488 Ft²
$242,595
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Impeccably maintained 3 bedroom, 2 bath ranch home situated on nearly 7 serene acres in Parma Township. Attractive features include a walkout lower level, formal dining, 2.5 car attached garage, spacious deck, attractively landscaped yard and private setting. Recent updates include water heater, siding, windows and roof. Pride of ownership is evident throughout.
Unit Size
2,488 Ft²
Days on Market
-
Land Size
6.74 acres
Price per sqft
$84
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
1978

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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 #21096367)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
Jun 30, 2021 No longer available -
No longer available
Jun 26, 2021 Listed by C-21 Affiliated - Jackson $209,900
Listed by C-21 Affiliated - Jackson

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,288
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 293,594
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG N89?45'E 1327.1 FT & S00?32'E 1103.34 FT FROM NW COR THEREOF TH S00?32'E 221 FT TH N89?36'E 1329.71 FT TO N & S 1/4 LINE

Neighborhood

  • School District Name: Springport Public Schools
  • School Tax School District: 38150
  • Census Tract: 006500

Zoning

  • Zoning: AG 1

Geography

  • Assessors Map Reference: MAPS SEC 20, NW
  • District: 11
  • Parcel: 000-06-20-126-007-00
  • Meridian: SEC 20 TWN 02S RNG 03W
  • Municipality: PARMA TWP
  • Latitude: 42.2876
  • Longitude: -84.693

    Address

  • Full Address: 3712 Ludlow Rd
  • Address - House Number: 3712
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Albion
  • Carrier Code: R005
  • 4-Digit Zip Code: 9146
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $102,802
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 270,191
  • High Value: 322,425
  • Low Value: 217,958

    Market Valuation

  • Market Total Value: $203,600
  • Market Land Value: $203,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,800
  • Assessed Land Value: $101,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2889927
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: BRENT JOHNSON, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21096367
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 3712 Ludlow Road built and last sold?
The property at 3712 Ludlow Road was built in 1978 and last sold on Jul 26, 2021 for $226,000.
How much is this home worth?
The estimated value of the home located at 3712 Ludlow Road is $185,435.
What are some comparable homes to 3712 Ludlow Road?
There are currently no comparable homes to 3712 Ludlow Road.
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