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Jackson 49201
5151 STONE RIVER RD
$247,900
● House - Off Market

5151 STONE RIVER RD

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,250 Ft²
$331,490
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

The "Malibu" features 1550 square feet of living space. Open the front entry and enjoy soaring 18' tall ceilings in the great room. This home features great use of windows through out the main level to bring the outdoors into your home. The kitchen and dining room are sure to provide an open and airy feel to the entire first floor. All 3 bedrooms and 2 additional baths are located on the upper floor. Come view the master suite with its optional high pitched cathedral ceiling. The laundry is located on the upper floor. Photos are of a previously built home and may depict upgrades.
Unit Size
3,250 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$76
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
-

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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 #21047021)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Oct 16, 2020 Listed by IMPACT REAL ESTATE, LLC $247,900
Listed by IMPACT REAL ESTATE, LLC
Jun 4, 2020 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 776
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,028
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,623
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONEGATE FARMS 3
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 243 STONEGATE FARMS NO 3

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: 000-08-10-481-036-00
  • Lot: 243
  • Meridian: SEC 10 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.31
  • Longitude: -84.4019

    Address

  • Full Address: 5151 Stone River Rd
  • Legal Unit: 243
  • Address - House Number: 5151
  • Address - Street Name: Stone River
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R016
  • 4-Digit Zip Code: 8187
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,274
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 304,397
  • High Value: 371,746
  • Low Value: 237,047

    Market Valuation

  • Market Total Value: $255,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2864637
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: May 29, 2020
  • Previous Sale Amount: $148,000
  • 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

Rentals Near You

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MichRIC

Listed by: TRACY SNYDER, IMPACT REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047021
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 5151 Stone River Road built and last sold?
The property at 5151 Stone River Road was built in and last sold on Oct 30, 2020 for $247,900.
How much is this home worth?
The estimated value of the home located at 5151 Stone River Road is $262,754.
What are some comparable homes to 5151 Stone River Road?
There are currently no comparable homes to 5151 Stone River Road.
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