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Jackson 49269
7272 MINARD
$150,000
● House - Off Market

7272 MINARD

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$205,999
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

MOTIVATED SELLERL!!  Quiet country setting in this 3-bedroom, 2 full bath ranch home in Western schools.   Nice breezeway for added space that leads to a heated 2 1/2 car garage.  Walkout lower level that could be a mother-in-law suite.  Backyard overlooks Sandstone Creek.   The home features a new boiler, water heater, washer, dryer, range, refrigerator and the water softener is only two-year-old.  Needs some fresh paint and carpet and will be even more lovely.  Great location!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$96
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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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 #21095799)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 25, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by RE/MAX MID-MICHIGAN R.E. $180,000
Listed by RE/MAX MID-MICHIGAN R.E.
The manager has listed the unit size as 1872 square feet.
May 3, 2021 Listed by RE/MAX MID-MICHIGAN R.E. $180,000
Listed by RE/MAX MID-MICHIGAN R.E.
Jun 4, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • 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: 936
  • Garage Type: 7
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT INTERSECTION OF CEN OF MINARD RD WITH THE S 1/8 LN OF SEC 33 THN 12DEG 15'E 115 FT ALG CEN OF SD RD TH N 81DEG 45'W

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006600

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAPS
  • District: 18
  • Parcel: 000-02-33-427-003-00
  • Meridian: SEC 33 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.3391
  • Longitude: -84.5465

    Address

  • Full Address: 7272 Minard Rd
  • Address - House Number: 7272
  • Address - Street Name: Minard
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R062
  • 4-Digit Zip Code: 9598
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $151,612
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 185,406
  • High Value: 223,320
  • Low Value: 147,492

    Market Valuation

  • Market Total Value: $146,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2892435
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Contract Date: May 25, 2007
  • Previous Sale Amount: $128,000
  • 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:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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

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MichRIC

Listed by: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095799
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 7272 Minard Road built and last sold?
The property at 7272 Minard Road was built in 1970 and last sold on Aug 19, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 7272 Minard Road is $184,476.
What are some comparable homes to 7272 Minard Road?
There are currently no comparable homes to 7272 Minard Road.
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