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Jackson 49269
8001 WELLMAN RD
$270,000
● House - Off Market

8001 WELLMAN RD

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,119 Ft²
$639,701
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

Nature surrounds this stunning walk-out ranch on rolling 10 acres w/woods.  Home features large fire-lit living rm w/cathedral ceiling, designer kitchen w/nook, formal dining rm, sunny family rm.  1st Flr laundry. Hard wood floors thru-out. Spacious wrap-around porches. Basement w/bay windows & french doors is ready for your finishing touches. Energy efficient geothermal heat. Pole barn for storage or hobbies. Well-maintained, tastefully decorated &  beautifully landscape. 4 Miles from I-94!
Unit Size
2,119 Ft²
Days on Market
147 days
Land Size
10.11 acres
Price per sqft
$135
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1999

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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: 8 months ago (MichRIC MLS #21086033)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Oct 6, 2016 Listed by RE/MAX MID-MICHIGAN R.E. $349,900
Listed by RE/MAX MID-MICHIGAN R.E.
Sep 20, 2011 Sold
Premium
Sold
Apr 21, 2011 Listed by RE/MAX MID-MICHIGAN R.E. $285,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,862
  • Garage Type: 7
  • Garage Square Area: 1,444
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 440,609
  • Total Building Area: 1,883
  • Building Area: 1,883
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,883
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010115
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 32 TO A PT FOR PL OF BEG OF THIS DESCN THE N89?43'21"E 498.17 FT TH S0?08'15" E 884.11 FT THE

Neighborhood

  • School District Name: Springport Public Schools
  • School Tax School District: 38150
  • Census Tract: 006600

Zoning

  • Zoning: AGRICULTUR

Geography

  • Assessors Map Reference: MAPS 0
  • District: 18
  • Parcel: 000-02-32-200-001-03
  • Meridian: SEC 32 TWN 01S RNG 02W
  • Municipality: TOMPKINS TWP
  • Latitude: 42.3488
  • Longitude: -84.5702

    Address

  • Full Address: 8001 Wellman Rd
  • Address - House Number: 8001
  • Address - Street Name: Wellman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R062
  • 4-Digit Zip Code: 9798
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,559
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 525,785
  • High Value: 619,990
  • Low Value: 431,581

    Market Valuation

  • Market Total Value: $484,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2756348
  • Previous Sale Recording Date: Sep 20, 2011
  • Previous Sale Contract Date: Sep 15, 2011
  • Previous Sale Amount: $270,000
  • 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

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MichRIC

Listed by: DEBBIE CROWNOVER, RE/MAX MID-MICHIGAN R.E.
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 21086033
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 8001 Wellman Road built and last sold?
The property at 8001 Wellman Road was built in 1999 and last sold on Nov 7, 2016 for $335.
How much is this home worth?
The estimated value of the home located at 8001 Wellman Road is $0.
What are some comparable homes to 8001 Wellman Road?
There are currently no comparable homes to 8001 Wellman Road.
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