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Jackson 49201
5025 Rimers Drive
$237,000
● House - Off Market

5025 Rimers Drive

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,003 Ft²
$235,394
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Great location for this well maintained 3 BR 1 1/2 Bath with a full finished basement. Original hardwood flooring throughout, living with cove ceiling, a picture window, and a gas fireplace, dining area, galley kitchen with pantry and eat-in space. Enjoy relaxing in the 3 season room overlooking the large fenced back yard. Added living space in the full finished basement with a family room with dry bar, craft room, work room and laundry/utility area with lots of storage. Shed, corner lot, and a circle drive. Hot water heat along with central air.
Unit Size
2,003 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$117
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1967

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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 #23013205)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Apr 28, 2023 Listed by HOWARD HANNA REAL ESTATE SERVI $235,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Jan 9, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,162
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,903
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,870
  • Total Building Area: 1,258
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION
  • Land Acres: 0000000939
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 12 EXC THE E 25 FT THEREOF STONEY ACRES SUBDIVISION

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 0
  • District: 15
  • Parcel: 176-12-23-228-006-00
  • Lot: 12
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.1973
  • Longitude: -84.5045

    Address

  • Full Address: 5025 Rimers Dr
  • Legal Unit: 12
  • Address - House Number: 5025
  • Address - Street Name: Rimers
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R001
  • 4-Digit Zip Code: 9339
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $71,476
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 238,573
  • High Value: 264,557
  • Low Value: 212,589

    Market Valuation

  • Market Total Value: $166,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 1998
  • Current Sale Recording Date: Jan 09, 1998
  • Current Sale Price:
    Premium
  • Current 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: SHERRY HOOD, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23013205
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 5025 Rimers Drive built and last sold?
The property at 5025 Rimers Drive was built in 1967 and last sold on Jan 9, 1998 for $103,000.
How much is this home worth?
The estimated value of the home located at 5025 Rimers Drive is $0.
What are some comparable homes to 5025 Rimers Drive?
There are currently no comparable homes to 5025 Rimers Drive.
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