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Jackson 49240
4750 Norvell Road
$375,000
● House - Off Market

4750 Norvell Road

Grass Lake, MI 49240
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$397,406
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This home features 3 bedrooms, 2 1/2 baths, new flooring, freshly painted, main floor primary bedroom with updated bath, main floor laundry, beautiful cathedral ceilings in the kitchen/dining area, nice size bedrooms, multiple outbuildings, pond, over 5 acres, and fresh fruit throughout the property as well.  Don't wait to check this one out!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
5.49 acres
Price per sqft
$167
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1993

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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 #23025553)

Price History

Date / Event Date Event Price
Sep 5, 2023 Sold
Premium
Sold
Jul 18, 2023 Listed by Five Star Real Estate-Jackson $399,900
Listed by Five Star Real Estate-Jackson
Feb 27, 1998 Sold
Premium
Sold
Jun 6, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • 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: 239,144
  • Lot Size Depth Feet: 3,591
  • Lot Size Frontage Feet: 6,660
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005490
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 21 TH S 1?22'15''W 650.84 FT TO A PT FOR PL OF BEG OF THIS DESCN TH S 88?42'26''W 359 FT TH S

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006804

Zoning

  • Zoning: R1-SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 000-15-21-426-003-00
  • Meridian: SEC 21 TWN 03S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.1948
  • Longitude: -84.1923

    Address

  • Full Address: 4750 Norvell Rd
  • Address - House Number: 4750
  • Address - Street Name: Norvell
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grass Lake
  • Carrier Code: R041
  • 4-Digit Zip Code: 9726
  • Zip Code: 49240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $210,402
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 381,462
  • High Value: 423,009
  • Low Value: 339,915

    Market Valuation

  • Market Total Value: $300,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 1998
  • Current Sale Recording Date: Feb 27, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 06, 1994
  • Previous Sale Contract Date: Jun 06, 1994
  • Previous Sale Amount: $146,000
  • 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 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

Currently no nearby rentals
MichRIC

Listed by: Jessica N Villarreal, Five Star Real Estate-Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23025553
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 4750 Norvell Road built and last sold?
The property at 4750 Norvell Road was built in 1993 and last sold on Feb 27, 1998 for $160,000.
How much is this home worth?
The estimated value of the home located at 4750 Norvell Road is $401,675.
What are some comparable homes to 4750 Norvell Road?
There are currently no comparable homes to 4750 Norvell Road.
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