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Jackson
5374 FOLKS RD
$438,000
● House - Off Market

5374 FOLKS RD

Horton, MI 49246
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$723,059
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Welcome to this majestic home and property of over 63 acres.  With the home nearly 1000 feet off of the road you can sit and relax to the peaceful sounds and views of the property.  Sit on your large front porch and look over the two large fully stocked ponds.  Half of the the property is wooded with lots of trails and makes for hunting a hunters paradise with several locations for blinds and tree stands.  The home is wonderful and warm with open spaces, custom woodworking, and well laid out to maximize your views of the property.  The 48x30 pole barn gives you a great space to store and work on your toys and tractors.  Why go up north when you can get the up north privacy and feel without the long drive this home and property provides.  Call today for more information or to set up a showing.  You wont regret it.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
63.45 acres
Price per sqft
$364
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
-

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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 #21047791)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Sep 8, 2020 Listed by GOOD EARTH REAL ESTATE, LLC $545,500
Listed by GOOD EARTH REAL ESTATE, LLC
Jun 17, 1996 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 780
  • Garage Type: 7
  • Garage Square Area: 739
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,744,280
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000063000
  • Standard Land Use Code: 1008
  • County Land Use Code: 101
  • Legal Description 1: BEG AT S 1/4 POST OF SEC 14 TH N ALG N&S 1/4 LN 546 FT TO A PT FOR PL OF BEG OF THIS DESCN TH CONTINUING N ALG SD 1/4 LN TO

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 05
  • Parcel: 000-17-14-400-001-04
  • Meridian: SEC 14 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1188
  • Longitude: -84.5057

    Address

  • Full Address: 5374 Folks Rd
  • Address - House Number: 5374
  • Address - Street Name: Folks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R001
  • 4-Digit Zip Code: 9705
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $239,667
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 70
  • Final Value: 509,772
  • High Value: 619,740
  • Low Value: 399,804

    Market Valuation

  • Market Total Value: $425,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2865529
  • Previous Sale Recording Date: Jun 17, 1996
  • Previous Sale Contract Date: Jun 17, 1996
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 55
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: ALEX C PERLOS, GOOD EARTH REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21047791
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 5374 Folks Road built and last sold?
The property at 5374 Folks Road was built in and last sold on Nov 4, 2020 for $438,000.
How much is this home worth?
The estimated value of the home located at 5374 Folks Road is $527,355.
What are some comparable homes to 5374 Folks Road?
There are currently no comparable homes to 5374 Folks Road.
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