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Jackson 49283
7160 Spring Arbor Road
$196,000
● House - Off Market

7160 Spring Arbor Road

Spring Arbor, MI 49283
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,736 Ft²
$211,752
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Darling ranch home in a beautiful country setting.  This 3 bedroom 1 bathroom home sits on a gorgeously landscaped nearly 2 acre lot.  Formerly an apple orchard this peaceful setting is truly an ideal place to live.  You'll love the spacious family room, quiet living room and incredible back patio.  Lovingly cared for by the same owners since the 1980's this home has several updates including a whole house generator, newer furnace, water heater, water softener and roof.  Not to mention, high quality windows with a lifetime, transferable warranty!  You're going to love life at 7160 Spring Arbor Rd! Schedule your private tour today!
Unit Size
1,736 Ft²
Days on Market
-
Land Size
1.76 acres
Price per sqft
$109
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1971

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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 #21103699)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by EXIT REALTY 1ST LLC $189,900
Listed by EXIT REALTY 1ST LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,143
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 120,226
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002760
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT E 1/4 POST OF SEC 15 TH N ALG E LN OF SD SEC 778.33 FT TH W AT RT ANGS TO E LN OF SD SEC 15, 1134 FT TO POB TH N6438'E

Neighborhood

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

Zoning

  • Zoning: C-3/AG1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-15-276-002-01
  • Meridian: SEC 15 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.213
  • Longitude: -84.5252

    Address

  • Full Address: 7160 Spring Arbor Rd
  • Address - House Number: 7160
  • Address - Street Name: Spring Arbor
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R081
  • 4-Digit Zip Code: 9711
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $222,298
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 251,043
  • High Value: 297,621
  • Low Value: 204,466

    Market Valuation

  • Market Total Value: $221,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2900824
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: My Smart Team, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21103699
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 7160 Spring Arbor Road built and last sold?
The property at 7160 Spring Arbor Road was built in 1971 and last sold on Nov 30, 2021 for $196,000.
How much is this home worth?
The estimated value of the home located at 7160 Spring Arbor Road is $0.
What are some comparable homes to 7160 Spring Arbor Road?
There are currently no comparable homes to 7160 Spring Arbor Road.
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