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Jackson 49283
6515 KING RD
$178,500
● House - Off Market

6515 KING RD

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,508 Ft²
$270,841
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

WESTERN SCHOOLS- Spacious, 4 bedroom, 1.5 bath, ranch style home with over 2,500 total finished square feet. Home features include an oversized driveway, 2 car attached garage, beautiful stamped concrete walkways, a large, low maintenance, composite deck with built in seating & planters plus vinyl windows & siding. Inside there is a large living room, updated kitchen w/ a breakfast bar, dovetail cabinetry, crown molding & a full appliance package. Recently finished, walkout lower level with a great back patio, and all the storage anyone would ever need. The home comes with a newer high efficiency furnace, central air, and BOSCH washer and dryer. OPEN HOUSE THIS SUNDAY 1:00-2:30 PM!
Unit Size
2,508 Ft²
Days on Market
38 days
Land Size
0.49 acres
Price per sqft
$70
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1969

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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: 8 months ago (MichRIC MLS #21054999)

Price History

Date / Event Date Event Price
Mar 14, 2018 Sold
Premium
Sold
Jan 30, 2018 Listed by RE/MAX MID-MICHIGAN R.E. $174,900
Listed by RE/MAX MID-MICHIGAN R.E.
Dec 31, 2015 Sold
Premium
Sold
Nov 4, 2015 Listed by RE/MAX MID-MICHIGAN R.E. $147,400
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 1,508
  • Garage Type: 7
  • Garage Square Area: 1,060
  • Parking Space Count: 4
  • 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: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,508
  • 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 3 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: 120-12-15-227-001-00
  • Lot: 3
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2181
  • Longitude: -84.525

    Address

  • Full Address: 6515 King Rd
  • Legal Unit: 3
  • Address - House Number: 6515
  • 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: $190,933
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 265,181
  • High Value: 314,382
  • Low Value: 215,980

    Market Valuation

  • Market Total Value: $193,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2018
  • Current Sale Recording Date: Mar 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2790513
  • Previous Sale Recording Date: Dec 31, 2015
  • Previous Sale Contract Date: Dec 28, 2015
  • Previous Sale Amount: $147,000
  • 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: DEBBIE CROWNOVER, RE/MAX MID-MICHIGAN R.E.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 21054999
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 6515 King Road built and last sold?
The property at 6515 King Road was built in 1969 and last sold on Mar 9, 2018 for $178,500.
How much is this home worth?
The estimated value of the home located at 6515 King Road is $0.
What are some comparable homes to 6515 King Road?
There are currently no comparable homes to 6515 King Road.
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