See Home Value
Jackson 49201
5502 Sherwood Drive
$220,000
● House - Off Market

5502 Sherwood Drive

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,514 Ft²
$1,205
Est. Monthly
14.09%
Cap Rate

About This Property

Multiple offers received. Sellers are asking for highest and best offers by 8 p.m. on Tuesday 1/7. Welcome home to this turn-key ranch located in a peaceful and inviting neighborhood within the sought-after Western School District. From the moment you arrive, you'll appreciate the curb appeal, highlighted by a charming front porch and a brand-new garage door. Inside, you'll find an extremely well-maintained home with thoughtful updates throughout. The tastefully renovated kitchen is a true showstopper. The cozy breakfast nook is the perfect spot to sip your morning coffee. The finished basement offers even more living space, complete with an additional full bathroom, perfect for guests, a home office, or a recreation area. Exterior features include vinyl siding, fenced-in yard area, and an underground sprinkler system. This home truly checks all the boxes and is ready for you to move right in. Schedule your private showing today and make this incredible home your own!
Unit Size
1,514 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$139
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

Last updated: 2 years ago (MichRIC MLS #25000396)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Sold
Jan 10, 2025 In contract -
In contract
Jan 4, 2025 Listed by C-21 Affiliated - Jackson $210,000
Listed by C-21 Affiliated - Jackson
Aug 27, 2015 Sold
Sold
Jun 19, 2015 Listed by C-21 Affiliated - Jackson $108,500
Listed by C-21 Affiliated - Jackson
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 9
  • Basement Area: 1,014
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,501
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY HEIGHTS SUBDIVISION
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 37 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: 102-12-12-327-019-00
  • Lot: 37
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2217
  • Longitude: -84.4962

    Address

  • Full Address: 5502 Sherwood Dr
  • Legal Unit: 37
  • Address - House Number: 5502
  • 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: $127,590
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 188,697
  • High Value: 232,423
  • Low Value: 144,970

    Market Valuation

  • Market Total Value: $140,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2015
  • Current Sale Recording Date: Aug 27, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2719759
  • Previous Sale Recording Date: Apr 15, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson


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Frequently Asked Questions

When was property at 5502 Sherwood Drive built and last sold?
The property at 5502 Sherwood Drive was built in 1961 and last sold on Aug 20, 2015 for $110,500.
How much is this home worth?
The estimated value of the home located at 5502 Sherwood Drive is $204,035.
What are some comparable homes to 5502 Sherwood Drive?
There are currently no comparable homes to 5502 Sherwood Drive.