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Jackson 49201
5343 Ann Arbor Road
$245,000
● House - Off Market

5343 Ann Arbor Road

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,544 Ft²
$1,370
Est. Monthly
14.05%
Cap Rate

About This Property

Discover your own Private Oasis with this Serene ranch, Nestled on over 5 picturesque acres, offers a peaceful escape surrounded by abundant wildlife, Deer, Turkey, House features 3 bedrooms on main floor, open kitchen dining concept, Brand new slider leading to rear deck, large living room, walkout basement with 4th bedroom/ or home office, 2 detached garages for ample parking and storage, An outbuilding with Concrete floor ideal for workshop or extra cars, serene country living and convenient Highway access to I-94 for commuting, Don't miss your chance to make this unique property your home!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
5.35 acres
Price per sqft
$155
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1970

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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 #24035162)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Jul 28, 2024 In contract -
In contract
Jul 19, 2024 Price Decreased $239,900
↓ $20K (7.7%)
Price Decreased
Jul 10, 2024 Listed by ERA REARDON REALTY, L.L.C. $259,900
Listed by ERA REARDON REALTY, L.L.C.
May 16, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 408
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 233,046
  • Total Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005350
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT W 1/4 POST SEC 28 TH S89?28'37"E 1873.01 FT TO POB TH CONT S89?28'37"E 256.02 FT TH N00?08'10"W 984.90 FT TH

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: RS SUBU

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-28-176-001-06
  • Meridian: SEC 28 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2722
  • Longitude: -84.3215

    Address

  • Full Address: 5343 Ann Arbor Rd
  • Address - House Number: 5343
  • Address - Street Name: Ann Arbor
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8859
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $154,793
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 215,212
  • High Value: 264,728
  • Low Value: 165,695

    Market Valuation

  • Market Total Value: $173,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,741

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2018
  • Current Sale Recording Date: May 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2796656
  • Previous Sale Recording Date: Apr 11, 2005
  • Previous Sale Contract Date: Mar 25, 2005
  • Previous Sale Amount: $175,000
  • 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: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24035162
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 5343 Ann Arbor Road built and last sold?
The property at 5343 Ann Arbor Road was built in 1970 and last sold on May 8, 2018 for $109,900.
How much is this home worth?
The estimated value of the home located at 5343 Ann Arbor Road is $0.
What are some comparable homes to 5343 Ann Arbor Road?
There are currently no comparable homes to 5343 Ann Arbor Road.
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