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Jackson 49201
5497 SHERWOOD DR
$104,900
● House - Off Market

5497 SHERWOOD DR

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,086 Ft²
$179,151
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Very nice home in Western Schools with nice landscaping and curb appeal. Home has all new paint and carpet and in move in condition. Large kitchen with eating area and space for stackable washer and dryer. Private back yard that looks out onto natural marshy area .Sit on the large deck or open porch and enjoy all forms of wildlife. Crawl space contains well pump and water softener and is nearly four foot deep. Western bus pulls right up to the house. Great family  neighborhood.  At a affordable price at 104,900
Unit Size
1,086 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$97
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1959

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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 #21089071)

Price History

Date / Event Date Event Price
Jun 2, 2016 Sold
Premium
Sold
Apr 4, 2016 Listed by HOWARD HANNA REAL ESTATE SERVI $104,900
Listed by HOWARD HANNA REAL ESTATE SERVI

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,801
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY HEIGHTS SUBDIVISION
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 30 FAIRWAY HEIGHTS SUBDIVISION

Neighborhood

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

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 0
  • District: 15
  • Parcel: 101-12-12-329-023-00
  • Lot: 30
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2213
  • Longitude: -84.4957

    Address

  • Full Address: 5497 Sherwood Dr
  • Legal Unit: 30
  • Address - House Number: 5497
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9317
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $131,936
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 190,606
  • High Value: 229,405
  • Low Value: 151,806

    Market Valuation

  • Market Total Value: $134,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2016
  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2741673
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: MARY ANNE RILEY-SEAMANS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21089071
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 5497 Sherwood Drive built and last sold?
The property at 5497 Sherwood Drive was built in 1959 and last sold on May 27, 2016 for $105,000.
How much is this home worth?
The estimated value of the home located at 5497 Sherwood Drive is $0.
What are some comparable homes to 5497 Sherwood Drive?
There are currently no comparable homes to 5497 Sherwood Drive.
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