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Jackson 49269
7997 Hickory Creek Drive
$360,000
● House - Off Market

7997 Hickory Creek Drive

Parma, MI 49269
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,346 Ft²
$384,495
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Seller has received multiple offers. Please have all offers in by Saturday 11/6/2021. Western Schools for this very well maintained 4 bedroom and 2 1/2 bathroom ranch with wood burning fireplace in the open and spacious living room, eat in kitchen, large entryway and pantry. It boasts a finished walkout basement with large 4th bedroom, family room, laundry room, recreation room, gas fireplace and plenty of storage. Situated on a picturesque 1.7 acres with oversized 3 car detached garage with electric, basketball court and shade garden with deck, above ground pool (2019.) Complete with reverse osmosis system, whole house water filtration system, master bath (2018)
Unit Size
3,346 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$104
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1984

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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 #21106708)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Sep 19, 2021 Listed by HOWARD HANNA REAL ESTATE SERVI $349,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Jun 15, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 1,846
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,270
  • Total Building Area: 1,846
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001705
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT CEN OF SEC 10 TH S ALG N&S 1/4 LN 405 FT TH W PAR TO E&W 1/4 LN 525 FT TO A PT FOR PL OF BEG OF THIS DESCN TH

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006500

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 14
  • Parcel: 000-07-10-326-001-03
  • Meridian: SEC 10 TWN 02S RNG 02W
  • Municipality: SANDSTONE TWP
  • Latitude: 42.3116
  • Longitude: -84.5347

    Address

  • Full Address: 7997 Hickory Creek Dr
  • Address - House Number: 7997
  • Address - Street Name: Hickory Creek
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Parma
  • Carrier Code: R061
  • 4-Digit Zip Code: 9510
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,276
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 377,174
  • High Value: 444,752
  • Low Value: 309,596

    Market Valuation

  • Market Total Value: $278,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2901325
  • Previous Sale Recording Date: Jun 15, 1998
  • Previous Sale Contract Date: Jun 15, 1998
  • Previous Sale Amount: $193,000
  • 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:

$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: MISTY SMITH, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21106708
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 7997 Hickory Creek Drive built and last sold?
The property at 7997 Hickory Creek Drive was built in 1984 and last sold on Dec 6, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 7997 Hickory Creek Drive is $359,988.
What are some comparable homes to 7997 Hickory Creek Drive?
There are currently no comparable homes to 7997 Hickory Creek Drive.
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