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Barry 49050
5812 Lacey Road
$123,750
● House - Off Market

5812 Lacey Road

Dowling, MI 49050
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,575 Ft²
$260,523
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

6 plus acres ranch built home in 2003. Excellent layout. 3 large bedrooms on the main floor. Master suite with fireplace. Main floor laundry, full finished basement with large bedroom with egress. Cute 3/4 bath and very open family room. Very neutral carpet, walls, wood trim , floors etc... 2 car attached garage. Acreage is heavily wooded and very private. Call Linda Powers today @
Unit Size
3,575 Ft²
Days on Market
-
Land Size
5.89 acres
Price per sqft
$35
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
2003

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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 #10023706)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Premium
Sold
Oct 21, 2023 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $375,000
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Feb 16, 2016 Sold
Premium
Sold
Nov 19, 2015 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $199,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Jul 15, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,701
  • Garage Type: 7
  • Garage Square Area: 1,188
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 256,568
  • Total Building Area: 1,874
  • Building Area: 1,874
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,874
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005890
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ASSYRIA TOWNSHIP COM AT NE COR SEC 7-1-7 TH N 89 DEG 56' 11" W AL N LI SEC 7 713.23 FT FOR POB TH S 00 DEG 00' 00" E 33 FT TH

Neighborhood

  • School District Name: Hastings Area School District
  • School Tax School District: HASTINGS
  • Census Tract: 010800

Geography

  • District: 01
  • Parcel: 08-01-007-014-05
  • Meridian: SEC 07 TWN 01 RNG 07
  • Municipality: ASSYRIA
  • Latitude: 42.4926
  • Longitude: -85.1756

    Address

  • Full Address: 5812 Lacey Rd
  • Address - House Number: 5812
  • Address - Street Name: Lacey
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Dowling
  • Carrier Code: R011
  • 4-Digit Zip Code: 8749
  • Zip Code: 49050

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $243,559

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 89
  • Final Value: 377,490
  • High Value: 417,553
  • Low Value: 337,427

    Market Valuation

  • Market Total Value: $272,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9391
  • Previous Sale Recording Date: Feb 16, 2016
  • Previous Sale Contract Date: Dec 23, 2015
  • Previous Sale Amount: $199,900
  • 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 Barry

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1796 ft²

Average Home Age

62.1 years

Currently For Sale

134 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: Linda M Powers, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 10023706
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 5812 Lacey Road built and last sold?
The property at 5812 Lacey Road was built in 2003 and last sold on Dec 4, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 5812 Lacey Road is $0.
What are some comparable homes to 5812 Lacey Road?
There are currently no comparable homes to 5812 Lacey Road.
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