For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson
4775 Reed Road
$585,000
● House - Off Market

4775 Reed Road

Clarklake, MI 49234
bedrooms
4 Beds
bathrooms
2 Baths
square feet
5,161 Ft²
$3,203
Est. Monthly
6.91%
Cap Rate

About This Property

You found the one! This original owner 4 Bed/2 bath home custom built on 20 acres - 10 wooded (with plenty of deer) and 10 cleared and maintained with 1.5 acre pond. Pond has an island with bridge, swim platform, electricity, fountain and bonfire pit. Awesome 40x80 pole barn with power and concrete floor. Huge 1,300 sq ft workshop and 3 car garage, all attached to home. Workshop and garage heated with separate propane furnace. 2 story sunroom to enjoy the beautiful views of the property, wildlife, pond and large garden area. Main level kitchen is huge and features tons of oak cabinets. Lower level walkout features another kitchen, large bedroom, tons of storage and access to the sunroom and patio. This home/property has SO MUCH to offer, I can't wait for you to check it out!
Unit Size
5,161 Ft²
Days on Market
40 days
Land Size
20.00 acres
Price per sqft
$113
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
-

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: 2 years ago (MichRIC MLS #24059128)

Price History

Date / Event Date Event Price
Dec 23, 2024 Sold
Premium
Sold
Nov 20, 2024 In contract -
In contract
Nov 13, 2024 Listed by EXP Realty $585,000
Listed by EXP Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 3
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,710
  • Garage Type: 7
  • Garage Square Area: 1,320
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 2,709
  • Building Area: 2,709
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,709
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000020000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 1/2 OF THE NE 1/4 OF SE 1/4. SEC 8 T4S R1E

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38040
  • Census Tract: 006304

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAPS S08SE
  • District: 02
  • Parcel: 000-19-08-426-002-00
  • Meridian: SEC 08 TWN 04S RNG 01E
  • Municipality: COLUMBIA TWP
  • Latitude: 42.1386
  • Longitude: -84.3275

    Address

  • Full Address: 4775 Reed Rd
  • Address - House Number: 4775
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Clarklake
  • Carrier Code: R031
  • 4-Digit Zip Code: 9799
  • Zip Code: 49234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,694
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 565,299
  • High Value: 672,869
  • Low Value: 457,729

    Market Valuation

  • Market Total Value: $500,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,300

    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: Tony Pruitt, EXP Realty
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24059128
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 4775 Reed Road built and last sold?
The property at 4775 Reed Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4775 Reed Road is $0.
What are some comparable homes to 4775 Reed Road?
There are currently no comparable homes to 4775 Reed Road.
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
Columbia Homes for Sale
Columbia Houses for Sale
Columbia Condos for Sale
Columbia Multifamily for Sale
Columbia Land for Sale
Columbia Commercial for Sale
Columbia Homes with Basements
Columbia Homes with Pools
Nearby Cities
Vandercook Lake Homes for Sale
Brooklyn Homes for Sale
Vineyard Lake Homes for Sale
Napoleon Homes for Sale
Onsted Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Lenawee County, MI Property Records
Washtenaw County, MI Property Records
Ingham County, MI Property Records
Fulton County, OH Property Records
Calhoun County, MI Property Records
Williams County, OH Property Records
Nearby Counties
Summit Homes for Sale
Somerset Homes for Sale
Napoleon Homes for Sale
Cambridge Homes for Sale
Manchester Homes for Sale
Woodstock Homes for Sale
Liberty Homes for Sale
Norvell Homes for Sale
Top Real Estate Agents
Top Agents in Columbia
Top Agents in 49203
Top Agents in Summit
Top Agents in 49230
Top Agents in Somerset
Top Agents in Napoleon
Top Agents in Cambridge
Top Agents in Manchester