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Jackson 49201
5495 Kibby Road
$350,000
● House - Off Market

5495 Kibby Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$1,995
Est. Monthly
7.63%
Cap Rate

About This Property

Spacious brick ranch on 3.76 mostly wooded acres, lovingly maintained by the same family for 48 years. Features include a sunroom crafted with cherry wood from the property, a recently updated en suite bath, and a cozy brick fireplace in both the living room and basement. Enjoy the outdoors out back on the paver patio overlooking the abundant wildlife. Additional highlights of the property: 20x40 pole barn with overhead storage, front paver walkway, hickory kitchen cabinets, solid wood doors, cove ceilings, whole-house generator, central vacuum system, and a newer water heater. A perfect blend of charm and functionality, ready for its next chapter!
Unit Size
1,880 Ft²
Days on Market
-
Land Size
3.76 acres
Price per sqft
$186
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1964

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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: 2 years ago (MichRIC MLS #24060052)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Nov 19, 2024 Listed by Sproat Realty Professionals-J $350,000
Listed by Sproat Realty Professionals-J

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,880
  • Garage Type: 7
  • Garage Square Area: 1,856
  • Parking Space Count: 7
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,786
  • Total Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003760
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE N 707 FT OF THE W 232 FT OF THE W 1/2 OF THE SE 1/4. SEC 13 T3S R2W

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RNF-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-13-401-001-01
  • Meridian: SEC 13 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2107
  • Longitude: -84.4918

    Address

  • Full Address: 5495 Kibby Rd
  • Address - House Number: 5495
  • Address - Street Name: Kibby
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9389
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $206,030
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 264,115
  • High Value: 314,373
  • Low Value: 213,857

    Market Valuation

  • Market Total Value: $213,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,500

    Exemptions

  • Homeowner Exemption: Yes
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: SUSAN M MOHLMAN, Sproat Realty Professionals-J
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24060052
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 5495 Kibby Road built and last sold?
The property at 5495 Kibby Road was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5495 Kibby Road is $349,902.
What are some comparable homes to 5495 Kibby Road?
There are currently no comparable homes to 5495 Kibby Road.
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