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Jackson 49224
739 MERCURY DR
$136,000
● House - Off Market

739 MERCURY DR

Albion, MI 49224
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,183 Ft²
$172,182
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Cozy 3 BR, 2 Bath Ranch.   Great Master Suite with Large Master Bath & Walk-in Closet.  Very Quiet Neighborhood.  Lovely updated kitchen with full appliance package.  1 Car attached garage, fenced back yard with 10x12 shed.  Extra Lot adjacent to back yard available with good offer!
Unit Size
2,183 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$60
Property Type
House
Property Taxes
$71
HOA Dues
-
Year Built
1970

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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 #21047170)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by RE/MAX MID-MICHIGAN R.E. $129,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 925
  • Garage Type: 7
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,329
  • Building Area: 1,329
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMBERTON VILLAGE 3
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: AMBERTON VILLAGE NO. 3 LOT 134

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006500

Zoning

  • Zoning: R 1

Geography

  • Assessors Map Reference: MAPS NW1/4, SEC
  • District: 11
  • Parcel: 050-06-31-152-134-00
  • Lot: 134
  • Meridian: SEC 31 TWN 2S RNG 3W
  • Municipality: PARMA TWP
  • Latitude: 42.2513
  • Longitude: -84.7139

    Address

  • Full Address: 739 Mercury Dr
  • Address - House Number: 739
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Albion
  • Carrier Code: R004
  • 4-Digit Zip Code: 9103
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,096
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 196,529
  • High Value: 236,718
  • Low Value: 156,341

    Market Valuation

  • Market Total Value: $147,200
  • Market Land Value: $147,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,600
  • Assessed Land Value: $73,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2865423
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

Nearby Rentals

Rentals Near You

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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# 21047170
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 739 Mercury Drive built and last sold?
The property at 739 Mercury Drive was built in 1970 and last sold on Nov 6, 2020 for $136,000.
How much is this home worth?
The estimated value of the home located at 739 Mercury Drive is $130,923.
What are some comparable homes to 739 Mercury Drive?
There are currently no comparable homes to 739 Mercury Drive.
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