For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Grand Ledge 48837
71 Ferguson Street
$462,500
● House - Off Market

71 Ferguson Street

Grand Ledge, MI 48837
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,310 Ft²
$485,965
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Everything about this home is Grand!  Including its Grand River frontage!  Remarkable views!!  Over 2,850 square feet on the main level plus additional 1,450 finished square feet in the walkout lower level with living room, 2 additional bedrooms, full bath and Kitchenette.  HUGE master suite with walk-in closet with lots of storage and luxurious master bath.  Gorgeous 3 season room with rustic knotty pine interior.  Great room with beautiful stone fireplace and plenty of natural light with the floor to ceiling windows.  Extra large kitchen with built in ovens, cooktop and snack bar.  Appliances included.  First floor laundry and 2 car attached garage.   Relax and enjoy the views on the river side patio with raised firepit.  This one has it all!
Unit Size
4,310 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$110
Property Type
House
Property Taxes
$722
HOA Dues
-
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #22013267)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by EXP Realty $475,000
Listed by EXP Realty
Apr 1, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,855
  • 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: 22,216
  • Lot Size Depth Feet: 2,525
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,855
  • Building Area: 2,855
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,855
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOCH LEDGE ESTATES
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 16. LOCH LEDGE ESTATES, T4N,R4W, CITY OF GRAND LEDGE 1987

Neighborhood

  • School District Name: Grand Ledge Public Schools
  • School Tax School District: 23060
  • Census Tract: 020402

Zoning

  • Zoning: R-MD

Geography

  • District: 400
  • Parcel: 400 063 615 160 00
  • Lot: 16
  • Municipality: GRAND LEDGE CITY
  • Latitude: 42.751
  • Longitude: -84.7386

    Address

  • Full Address: 71 Ferguson St
  • Address - House Number: 71
  • Address - Street Name: Ferguson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Grand Ledge
  • Carrier Code: R009
  • 4-Digit Zip Code: 1679
  • Zip Code: 48837

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738,388

    Appraisal Valuation

  • Standard Deviation: 0.0925
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 481,940
  • High Value: 526,542
  • Low Value: 437,337

    Market Valuation

  • Market Total Value: $467,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 01, 2004
  • Previous Sale Contract Date: Mar 30, 2004
  • Previous Sale Amount: $82,000
  • 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 Grand Ledge

Stats & Trends

Median Asking:

$251,950

Sale Price/ft²

$178

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1466 ft²

Average Home Age

97 years

Currently For Sale

0 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: BRYON GOUGH, EXP Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22013267
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 71 Ferguson Street built and last sold?
The property at 71 Ferguson Street was built in 2005 and last sold on Jul 22, 2022 for $462,500.
How much is this home worth?
The estimated value of the home located at 71 Ferguson Street is $0.
What are some comparable homes to 71 Ferguson Street?
There are currently no comparable homes to 71 Ferguson Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Grand Ledge Homes for Sale
Grand Ledge Houses for Sale
Grand Ledge Condos for Sale
Grand Ledge Homes with Basements
Grand Ledge Homes with Pools
Grand Ledge Homes with Parking
Grand Ledge Homes with Garages
Grand Ledge Homes with a View
Nearby Cities
Wacousta Homes for Sale
Eagle Homes for Sale
Nearby Property Records
Eaton County, MI Property Records
Clinton County, MI Property Records
Ingham County, MI Property Records
Ionia County, MI Property Records
Shiawassee County, MI Property Records
Barry County, MI Property Records
Gratiot County, MI Property Records
Calhoun County, MI Property Records
Nearby Counties
Oneida Homes for Sale
Lansing Homes for Sale
Eagle Homes for Sale
Top Real Estate Agents
Top Agents in Grand Ledge
Top Agents in 48837
Top Agents in Oneida
Top Agents in Lansing
Top Agents in Eagle
Top Agents in Wacousta
Top Agents in Eagle