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Jackson 49201
3965 Kibby Road
$315,000
● House - Off Market

3965 Kibby Road

Jackson, MI 49201
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,554 Ft²
$1,827
Est. Monthly
9.95%
Cap Rate

About This Property

FIVE BEDROOM, expansive first floor home on ALMOST 5.0 acres in Summit Township. Near Cascades, Ella Sharp Park, and three golf courses! Trail & bike access so close! Major curb appeal yet maintenace free with stone and manicured sidewalk. BRAND NEW ROOF just completed Oct 2024. Basement level offers additional room space and fireplace. Updated electrical in 2021 and a combi-boiler system installed in 2019--creating this home more energy efficient. Need additional workspace or storage for your outdoor toys? Make sure to checkout the pole barn! Incredible!! The three lots have a natural tree line for privacy while creating a beautiful private setting.
Unit Size
2,554 Ft²
Days on Market
-
Land Size
4.99 acres
Price per sqft
$127
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1950

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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: 2 years ago (MichRIC MLS #24060625)

Price History

Date / Event Date Event Price
Feb 12, 2025 Sold
Premium
Sold
Dec 27, 2024 In contract -
In contract
Dec 14, 2024 Price Decreased $325,000
↓ $5K (1.5%)
Price Decreased
Nov 22, 2024 Listed by Five Star Real Estate $330,000
Listed by Five Star Real Estate
Jul 21, 2017 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 1,329
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,105
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,329
  • Building Area: 1,329
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001288
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: N 330 FT OF THE E 170 FT OF W 1/2 OF NE 1/4 OF SE 1/4 SEC 18 T3S R1W

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS WELL ABAND
  • District: 17
  • Parcel: 000-13-18-427-044-01
  • Meridian: SEC 18 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.2105
  • Longitude: -84.465

    Address

  • Full Address: 3965 Kibby Rd
  • Address - House Number: 3965
  • Address - Street Name: Kibby
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9345
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $177,028
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 277,825
  • High Value: 331,534
  • Low Value: 224,116

    Market Valuation

  • Market Total Value: $228,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2774616
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: TIMOTHY CREECH, Five Star Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24060625
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 3965 Kibby Road built and last sold?
The property at 3965 Kibby Road was built in 1950 and last sold on May 3, 2017 for $150,000.
How much is this home worth?
The estimated value of the home located at 3965 Kibby Road is $322,367.
What are some comparable homes to 3965 Kibby Road?
There are currently no comparable homes to 3965 Kibby Road.
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