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Jackson 49201
4860 GINKGO LANE
$225,000
● House - Off Market

4860 GINKGO LANE

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,084 Ft²
$392,628
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Elegant, beautiful Dutch Colonial style home in sought after Northwest School District.  This 3 bed, 2 bath lives large with 2400+ sq. feet.  Very well maintained, upgraded and decorated in current trends.  Lovely trim details throughout.  Large gas log fireplace in living room.  Basement family area has projection unit with retractable screen installed in ceiling.  Backyard is large and private with an incredible composite deck leading to a professionally designed and installed flagstone patio with fire pit.  A three season porch with gas heat extends your Michigan outdoor time.  Enjoy a huge hosta garden and many perennials throughout the summer! Let the pictures tell the story!
Unit Size
3,084 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$75
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1976

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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 #21059047)

Price History

Date / Event Date Event Price
Aug 3, 2020 Sold
Premium
Sold
May 29, 2020 No longer available -
No longer available
May 19, 2020 Listed by GOOD EARTH REAL ESTATE, LLC $265,000
Listed by GOOD EARTH REAL ESTATE, LLC
May 10, 2016 Sold
Premium
Sold
Mar 29, 2016 Listed by GOOD EARTH REAL ESTATE, LLC $229,900
Listed by GOOD EARTH REAL ESTATE, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,316
  • Lot Size Depth Feet: 2,025
  • Total Building Area: 2,272
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLER ACRES #2
  • Land Acres: 0000000673
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 27 MILLER ACRES NO. 2

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-17-126-002-00
  • Lot: 27
  • Municipality: BLACKMAN TWP
  • Latitude: 42.305
  • Longitude: -84.4574

    Address

  • Full Address: 4860 Ginkgo Ln
  • Legal Unit: 27
  • Address - House Number: 4860
  • Address - Street Name: Ginkgo
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 9010
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,751
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 341,984
  • High Value: 417,650
  • Low Value: 266,318

    Market Valuation

  • Market Total Value: $277,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2856131
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: May 06, 2016
  • Previous Sale Amount: $225,000
  • 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

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MichRIC

Listed by: MATT POTTER, GOOD EARTH REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21059047
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 4860 Ginkgo Drive built and last sold?
The property at 4860 Ginkgo Drive was built in 1976 and last sold on Jul 23, 2020 for $255,000.
How much is this home worth?
The estimated value of the home located at 4860 Ginkgo Drive is $306,512.
What are some comparable homes to 4860 Ginkgo Drive?
There are currently no comparable homes to 4860 Ginkgo Drive.
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