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Michigan Center 49254
414 BALLARD RD
$125,000
● House - Off Market

414 BALLARD RD

Jackson, MI 49201
bedrooms
2 Beds
bathrooms
1 Bath
square feet
748 Ft²
$206,859
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Great value on this nicely updated 2 BR 1 Bath ranch over full walkout basement, with detached 24x30 insulated garage with heat, electric, water and 2 OH doors, all on 5 beautiful acres to enjoy.  New kitchen cabinets, tops and stainless steel appliances. Nicely updated bathroom too.  First come, first served at this hot pricepoint.
Unit Size
748 Ft²
Days on Market
49 days
Land Size
5.00 acres
Price per sqft
$174
Property Type
House
Property Taxes
$119
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: 9 months ago (MichRIC MLS #21056110)

Price History

Date / Event Date Event Price
Sep 27, 2017 Sold
Premium
Sold
Aug 4, 2017 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $129,900
Listed by RE/MAX MID-MICHIGAN-BROOKLYN
Sep 4, 2014 Sold
Premium
Sold
Jun 4, 2014 Listed by RE/MAX MID-MICHIGAN-BROOKLYN $72,000
Listed by RE/MAX MID-MICHIGAN-BROOKLYN

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • 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: 748
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 748
  • Building Area: 748
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 748
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S 206.16 FT OF THE N 2592.93 FT OF THAT PART OF NEFRL 1/4 LYING WEST OF CEN OF BALLARD RD SEC 4 T3S R1E 5A

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006101

Zoning

  • Zoning: RS SUBU

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-04-251-008-00
  • Meridian: SEC 04 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2411
  • Longitude: -84.3142

    Address

  • Full Address: 414 Ballard Rd
  • Address - House Number: 414
  • Address - Street Name: Ballard
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 8464
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $103,037
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 210,106
  • High Value: 251,106
  • Low Value: 169,105

    Market Valuation

  • Market Total Value: $167,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,684

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Sep 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2779165
  • Previous Sale Recording Date: Sep 04, 2014
  • Previous Sale Contract Date: Aug 02, 2014
  • Previous Sale Amount: $65,000
  • Previous 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 Michigan Center

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1550 ft²

Average Home Age

94.6 years

Currently For Sale

11 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: LARRY WETHERBY, RE/MAX MID-MICHIGAN-BROOKLYN
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 21056110
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 414 Ballard Road built and last sold?
The property at 414 Ballard Road was built in 1994 and last sold on Sep 22, 2017 for $125,000.
How much is this home worth?
The estimated value of the home located at 414 Ballard Road is $0.
What are some comparable homes to 414 Ballard Road?
There are currently no comparable homes to 414 Ballard Road.
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