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Jackson 49201
5613 Larch Drive
$102,000
● House - Off Market

5613 Larch Drive

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$109,100
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This is it! This is your new home. With a little bit of TLC this house will shine! Roof, furnace, AC, and windows are all less than 10 years old. Located in a subdivision, there are plenty of roads to take walks and ride bikes. Public access to Gillett's Lake is close for those days when a lake day is a must. Schedule your appointment today and see all the potential this home has to offer!
Unit Size
925 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$113
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
1970

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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: 3 years ago (MichRIC MLS #22036038)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Aug 20, 2022 Listed by PRODUCTION REALTY $104,900
Listed by PRODUCTION REALTY

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 925
  • Garage Type: 7
  • Garage Square Area: 300
  • Parking Space Count: 1
  • 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: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME ESTATES
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 193 HOME ESTATES NO. 4 SEC 28 T2S R1E

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-28-210-004-00
  • Lot: 193
  • Meridian: SEC 28 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2723
  • Longitude: -84.3165

    Address

  • Full Address: 5613 Larch Dr
  • Legal Unit: 193
  • Address - House Number: 5613
  • Address - Street Name: Larch
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8819
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $138,689
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 102,964
  • High Value: 114,178
  • Low Value: 91,749

    Market Valuation

  • Market Total Value: $116,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,303

    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: Becky Smith, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22036038
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 5613 Larch Drive built and last sold?
The property at 5613 Larch Drive was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5613 Larch Drive is $0.
What are some comparable homes to 5613 Larch Drive?
There are currently no comparable homes to 5613 Larch Drive.
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