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Ingham 49251
5112 STATE RD
$200,000
● House - Off Market

5112 STATE RD

Leslie, MI 49251
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,396 Ft²
$210,491
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Lots of house here!  Nearly 2400 sq ft, 4 bedroom, 2 bathroom home with basement and attached 2 car garage is nestled in the country but only minutes to highway access.  This updated tri-level home boasts some fresh paint and carpet, updated windows in 2009, roofing in 2013, driveway in 2010, garbage disposal, countertop and sink in 2021.  Sliding glass door off the kitchen overlooks a fenced backyard and great sunsets. Formal dining area features big windows for ample natural light and cozy hardwood flooring.  The huge living room will fit the largest of furniture and walks out to a covered front porch.  And the mature trees shade the blacktop circle driveway.
Unit Size
2,396 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$75
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1965

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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 #21095895)

Price History

Date / Event Date Event Price
Jun 24, 2021 Sold
Premium
Sold
May 10, 2021 Listed by SPROAT REALTY PROFESSIONALS $179,900
Listed by SPROAT REALTY PROFESSIONALS
Oct 6, 2009 Sold
Premium
Sold
May 7, 2009 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 13
  • Basement Type: 9
  • Basement Area: 812
  • Garage Type: 7
  • Garage Square Area: 613
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 2,396
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,396
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND ACRES
  • Land Acres: 0000000840
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LS-33-2 W 1/2 OF NE 1/4 OF NE 1/4 -SEC. 33 T1NR1W 20 A

Neighborhood

  • School District Name: Leslie Public Schools
  • School Tax School District: 33100
  • Census Tract: 006100

Zoning

  • Zoning: R-1

Geography

  • District: 14-14
  • Section: 33
  • Parcel: 33-14-14-33-201-012
  • Lot: 7
  • Municipality: LESLIE TWP
  • Latitude: 42.4331
  • Longitude: -84.4288

    Address

  • Full Address: 5112 State Rd
  • Legal Unit: 7
  • Address - House Number: 5112
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Leslie
  • Carrier Code: R051
  • 4-Digit Zip Code: 9733
  • Zip Code: 49251

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $237,600

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 77
  • Final Value: 223,426
  • High Value: 262,993
  • Low Value: 183,859

    Market Valuation

  • Market Total Value: $165,196

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,598

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-028133
  • Previous Sale Recording Date: Oct 06, 2009
  • Previous Sale Contract Date: Aug 12, 2009
  • Previous Sale Amount: $85,150
  • Previous Sale Document Type: 51
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 Ingham

Stats & Trends

Median Asking:

$179,950

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

62

Average Home Size

1658 ft²

Average Home Age

69.8 years

Currently For Sale

78 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: DAVID M. ALLARD, SPROAT REALTY PROFESSIONALS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095895
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 5112 State Road built and last sold?
The property at 5112 State Road was built in 1965 and last sold on Jun 18, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 5112 State Road is $191,465.
What are some comparable homes to 5112 State Road?
There are currently no comparable homes to 5112 State Road.
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