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Jackson 49283
6589 Lorrie Drive
$259,000
● House - Off Market

6589 Lorrie Drive

Spring Arbor, MI 49283
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,682 Ft²
$259,434
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this beautiful ranch-style home, nestled in the back of a great subdivision in Spring Arbor Township, Western School District. This home features 3-4 bedrooms, 2-3 bathrooms, a large, sunny formal living room, a kitchen with updated appliances, countertops, and a large formal dining room, or it could be used as a family/flex room. 3 bedrooms on the main floor, 2 full baths, and main floor laundry. 3-season porch with incredible views of the backyard. Fully finished lower level with a large family room with a brick fireplace, an office/play area, a fourth bedroom, and a third complete bath. The backyard features a beautiful patio with two separate areas, one for lounging/dining and the other with a built-in fire pit, a storage shed with covered storage, partially fenced backyard.
Unit Size
2,682 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$97
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1975

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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 #23016501)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 18, 2023 Listed by TOM SCHINDLER, REALTOR $259,000
Listed by TOM SCHINDLER, REALTOR
Apr 27, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1,482
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,377
  • Lot Size Depth Feet: 1,538
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KING ROAD SUBDIVISION
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 70 KING ROAD SUBDIVISION NO 6

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 132-12-15-230-012-00
  • Lot: 70
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.215
  • Longitude: -84.5237

    Address

  • Full Address: 6589 Lorrie Dr
  • Legal Unit: 70
  • Address - House Number: 6589
  • Address - Street Name: Lorrie
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R081
  • 4-Digit Zip Code: 9743
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $194,205
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 261,431
  • High Value: 289,905
  • Low Value: 232,957

    Market Valuation

  • Market Total Value: $221,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 1995
  • Current Sale Recording Date: Apr 27, 1995
  • Current Sale Price:
    Premium
  • Current 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: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23016501
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 6589 Lorrie Drive built and last sold?
The property at 6589 Lorrie Drive was built in 1975 and last sold on Apr 27, 1995 for $118,400.
How much is this home worth?
The estimated value of the home located at 6589 Lorrie Drive is $0.
What are some comparable homes to 6589 Lorrie Drive?
There are currently no comparable homes to 6589 Lorrie Drive.
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