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Vandercook Lake 49203
5411 Sharon Drive
$231,000
● House - Off Market

5411 Sharon Drive

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,711 Ft²
$1,248
Est. Monthly
19.82%
Cap Rate

About This Property

**Offers Received. H & B due 8pm Tuesday, 5/7/24**Welcome to 5411 Sharon! Nestled on over half an acre, this thoughtfully renovated home is ready for you with 4 bedrooms, 2 full baths and  1600+ finishes sq/ft plus an added detached garage to boot! Renovations in 2016 included beautiful Kitchen with quartz counters & stainless appliance pkg. Seller added even more updates with the patio, fenced area, new water heater & more. Recent survey confirms the size of the land that stretches back a bit into the wooded area behind. With significant updates like roof, siding, windows and A/C, this home is truly move-in ready and awaiting a new owner to start their new adventure. Close to 127 makes commute a breeze. Close to but not in the city gives options for entertainment and restaurants
Unit Size
1,711 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$129
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1950

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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: 2 years ago (MichRIC MLS #24021935)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
May 4, 2024 Listed by ERA REARDON REALTY, L.L.C. $220,000
Listed by ERA REARDON REALTY, L.L.C.
Oct 10, 2016 Sold
Premium
Sold
Sep 27, 2016 Listed by ERA REARDON REALTY, L.L.C. $149,900
Listed by ERA REARDON REALTY, L.L.C.
Jun 8, 2016 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 960
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,634
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNETT SUBDIVISION
  • Land Acres: 0000000313
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 116.667 FT OF LOT 71 BARNETT SUBDIVISION

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005100

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 080-13-26-253-086-00
  • Lot: 71
  • Municipality: SUMMIT TWP
  • Latitude: 42.1845
  • Longitude: -84.3894

    Address

  • Full Address: 5411 Sharon Dr
  • Legal Unit: 71
  • Address - House Number: 5411
  • Address - Street Name: Sharon
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C045
  • 4-Digit Zip Code: 5979
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $126,985
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 202,453
  • High Value: 249,772
  • Low Value: 155,135

    Market Valuation

  • Market Total Value: $123,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 03, 2016
  • Current Sale Recording Date: Oct 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2751435
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Amount: $39,000
  • 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 Vandercook Lake

Stats & Trends

Median Asking:

$209,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2005 ft²

Average Home Age

54.6 years

Currently For Sale

10 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: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24021935
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 5411 Sharon Drive built and last sold?
The property at 5411 Sharon Drive was built in 1950 and last sold on Oct 3, 2016 for $140,000.
How much is this home worth?
The estimated value of the home located at 5411 Sharon Drive is $0.
What are some comparable homes to 5411 Sharon Drive?
There are currently no comparable homes to 5411 Sharon Drive.
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