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Jackson 49201
5700 Ridge Road
$180,000
● House - Off Market

5700 Ridge Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,378 Ft²
$216,231
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Spacious NW 3 br 2 bath home located on 3.76 acres!  New drainfield 2017, new A/c 2018, New Roof 2014! Solid home in a peaceful private setting.  Kitchen Appliances all included as well as the hardwired generator!

Huge living room boasts a wood fireplace and slider to the large back deck!.  Large Patio includes an overhead retractable sunshade.  Close to highway, shopping and entertainment as well as the desirable North West school district.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
3.76 acres
Price per sqft
$149
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
2002

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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 #22041797)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 28, 2022 Listed by HOWARD HANNA REAL ESTATE SERVI $204,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Jan 28, 2005 Sold
Premium
Sold
Oct 29, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,786
  • Total Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,378
  • 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: BEG AT W 1/4 COR OF SEC 9 TH E ALG E&W 1/4 LN 2428.12 FT TO CEN LN OF RIDGE RD TH N17 DEG 10'44''W 554.21 FT TO POB TH

Neighborhood

  • School District Name: Northwest School District
  • School Tax School District: 38140
  • Census Tract: 005602

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-09-176-003-01
  • Meridian: SEC 09 TWN 02S RNG 01W
  • Municipality: BLACKMAN TWP
  • Latitude: 42.3152
  • Longitude: -84.4356

    Address

  • Full Address: 5700 Ridge Rd
  • Address - House Number: 5700
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R023
  • 4-Digit Zip Code: 8213
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,341
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 205,156
  • High Value: 227,500
  • Low Value: 182,811

    Market Valuation

  • Market Total Value: $197,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2004
  • Current Sale Recording Date: Jan 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2382993
  • Previous Sale Recording Date: Oct 29, 1998
  • Previous Sale Contract Date: Oct 29, 1998
  • Previous Sale Amount: $90,000
  • 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 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

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MichRIC

Listed by: Tamra Allen, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22041797
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 5700 Ridge Road built and last sold?
The property at 5700 Ridge Road was built in 2002 and last sold on Dec 10, 2004 for $125,000.
How much is this home worth?
The estimated value of the home located at 5700 Ridge Road is $0.
What are some comparable homes to 5700 Ridge Road?
There are currently no comparable homes to 5700 Ridge Road.
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