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Jackson 49201
4923 Country Ln Lane
$677,000
● House - Off Market

4923 Country Ln Lane

Jackson, MI 49201
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,324 Ft²
$621,102
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

EXCEPTIONAL McKay built home in one of Jackson's most desirable neighborhoods.  This executive brick home situated on 1.2 acres has had updates throughout and boasts charm and character. The two story great room offers amazing views of the private backyard and includes a gas log fireplace. Your updated kitchen is a dream with granite countertops, large island, stainless steel appliances including a separate beverage refrigerator and slider to expansive deck overlooking the private grounds and in ground salt water pool with auto cover. The primary bedroom is complete with en suite bath and spacious walk in closet.  Some of the updates include roof in 2022 and tankless water heater.  The second garage features a walk up 2nd floor storage area.  Kohler generator also included.
Unit Size
3,324 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$188
Property Type
House
Property Taxes
$1,113
HOA Dues
$13
Year Built
1996

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Cap Rate Calculator

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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: 3 years ago (MichRIC MLS #23030864)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Aug 21, 2023 Listed by RE/MAX MID-MICHIGAN R.E. $625,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 29
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,729
  • Garage Type: 7
  • Garage Square Area: 1,469
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,492
  • Lot Size Depth Feet: 3,430
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 3,324
  • Building Area: 3,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING MILL CONDOMINIUMS
  • Land Acres: 0000001228
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 5 SPRING MILL SITE CONDOMINIUM

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: AG1

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 000-13-19-351-005-00
  • Municipality: SUMMIT TWP
  • Latitude: 42.1932
  • Longitude: -84.4714

    Address

  • Full Address: 4923 Country Ln
  • Legal Unit: 5
  • Address - House Number: 4923
  • Address - Street Name: Country
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: R001
  • 4-Digit Zip Code: 9787
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,035,171
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 654,345
  • High Value: 725,613
  • Low Value: 583,076

    Market Valuation

  • Market Total Value: $551,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,600
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

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MichRIC

Listed by: KIRSTEN N KNUEPPEL-MOGLE, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23030864
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 4923 Country Lane built and last sold?
The property at 4923 Country Lane was built in 1996 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4923 Country Lane is $631,250.
What are some comparable homes to 4923 Country Lane?
There are currently no comparable homes to 4923 Country Lane.
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