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Jackson 49283
6501 KING RD
$156,000
● House - Off Market

6501 KING RD

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$231,465
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Welcome to Western! This well maintained, one owner, corner lot home offers a 1 year old steel roof with life time warranty, newer windows and vinyl siding (3 years), partially finished basement that walks-out to a covered patio as well as the garage, and original hardwood floors in all four bedrooms. Worried about having to pull out on King Rd? Don't be! The horseshoe drive way is on Faith Dr, a quiet, low traffic street. It won't last long so schedule your showing today. Don't miss out on this gem!
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$89
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1968

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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 #21052056)

Price History

Date / Event Date Event Price
May 20, 2019 Sold
Premium
Sold
Jan 31, 2019 Listed by PRODUCTION REALTY $156,900
Listed by PRODUCTION REALTY

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 1,404
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,606
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KING ROAD SUBDIVISION
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 5 KING ROAD 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: 120-12-15-227-003-00
  • Lot: 5
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2181
  • Longitude: -84.5243

    Address

  • Full Address: 6501 King Rd
  • Legal Unit: 5
  • Address - House Number: 6501
  • Address - Street Name: King
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R081
  • 4-Digit Zip Code: 9775
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $176,331
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 224,191
  • High Value: 267,532
  • Low Value: 180,850

    Market Valuation

  • Market Total Value: $163,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2823619
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# 21052056
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 6501 King Road built and last sold?
The property at 6501 King Road was built in 1968 and last sold on May 15, 2019 for $156,000.
How much is this home worth?
The estimated value of the home located at 6501 King Road is $0.
What are some comparable homes to 6501 King Road?
There are currently no comparable homes to 6501 King Road.
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