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Jackson
4885 FOLKS RD
$78,000
● House - Off Market

4885 FOLKS RD

Horton, MI 49246
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$148,513
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Great one level living in this move in condition ranch in desirable Hanover Horton Schools.  Nice, open floor plan with large island/bar in the kitchen, and enough room for eat in space.  Updated kitchen has many cupboards and comes with all appliances.  Laundry in also on main level and has possibilities as a fourth bedroom.  Exterior has vinyl siding, nice, large garage with cement circle drive coming from the road, all this and a huge yard! Furnace and hot water heater are newer and newer flooring within the past few years.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
1.87 acres
Price per sqft
$69
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1978

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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 #21064068)

Price History

Date / Event Date Event Price
Oct 26, 2021 Sold
Premium
Sold
Aug 29, 2021 Listed by ERA REARDON REALTY, L.L.C. $83,500
Listed by ERA REARDON REALTY, L.L.C.
Jun 24, 2014 Sold
Premium
Sold
Dec 4, 2013 Listed by ERA REARDON REALTY, L.L.C. $79,900
Listed by ERA REARDON REALTY, L.L.C.
Dec 5, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 76,666
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001760
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG 220 FT E OF NW COR OF SEC 24 TH S 378.8 FT TH E 222.91 FT TH N 378.8 FT TH W 222.91 FT TO BEG. SEC 24 T4S R2W COMBINED ON

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 05
  • Parcel: 000-17-24-101-003-01
  • Meridian: SEC 24 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1158
  • Longitude: -84.4966

    Address

  • Full Address: 4885 Folks Rd
  • Address - House Number: 4885
  • Address - Street Name: Folks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R001
  • 4-Digit Zip Code: 9631
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $51,857
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 63
  • Final Value: 141,828
  • High Value: 178,271
  • Low Value: 105,385

    Market Valuation

  • Market Total Value: $128,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2897399
  • Previous Sale Recording Date: Jun 24, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $78,000
  • 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: MEREDYTHE L HILL-VanDUSEN, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21064068
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 4885 Folks Road built and last sold?
The property at 4885 Folks Road was built in 1978 and last sold on Oct 18, 2021 for $83,500.
How much is this home worth?
The estimated value of the home located at 4885 Folks Road is $88,360.
What are some comparable homes to 4885 Folks Road?
There are currently no comparable homes to 4885 Folks Road.
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