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Jackson
7461 Sears Road
$22,000
● Land - Off Market

7461 Sears Road

Horton, MI 49246
bedrooms
Studio
bathrooms
0 Bath
$25,189
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This beautiful one acre buildable parcel in Concord School District has an existing driveway and is just waiting for you to make it home!
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
-
Year Built
-

Payment Calculator

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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 #21108490)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
Sep 29, 2021 Listed by ERA REARDON REALTY, L.L.C. $24,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001010
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: COM AT THE E 1/4 POST OF SEC 33 TH S89?5355"W 1585.92 FT ALG THE E-W 1/4 LN & CL OF SEARS RD TH CONT S89? 53'55"W 66.02 FT TO

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38080
  • Census Tract: 006403

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS 37-12B
  • District: 15
  • Parcel: 000-12-33-401-004-12
  • Meridian: SEC 33 TWN 35 RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.1671
  • Longitude: -84.5458

    Address

  • Full Address: 7461 Sears Rd
  • Address - House Number: 7461
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9800
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,605
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 15

    Market Valuation

  • Market Total Value: $15,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,700

    Exemptions

  • Homeowner Exemption: Yes
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

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: Jodi Burns, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21108490
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 7461 Sears Road built and last sold?
The property at 7461 Sears Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7461 Sears Road is $25,149.
What are some comparable homes to 7461 Sears Road?
There are currently no comparable homes to 7461 Sears Road.
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