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Jackson 49269
8225 Lockerbie Dr Drive
$215,000
● House - Off Market

8225 Lockerbie Dr Drive

Parma, MI 49269
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$197,260
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome home to this beautiful bi-level home, nestled in an established subdivision within Western school district. Home features an open concept floor plan on the primary level, with access to 2 bedrooms, 1 full bath and deck that overlooks the fenced in back yard. The lower level offers another bedroom, 1 full bath, dedicated laundry and a bonus room. Reach out today to schedule your showing!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$135
Property Type
House
Property Taxes
$146
HOA Dues
$5
Year Built
2006

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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 #22016131)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
May 5, 2022 Listed by BNR Real Estate Group $195,000
Listed by BNR Real Estate Group
Dec 20, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHAPEL HEIGHTS SITE CONDOMINIUM
  • Land Acres: 0000000145
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 22 CHAPEL HEIGHTS SITE CONDOMINIMUMS SPLIT FROM 000-12-08-476-002-01 ON 12/28/04

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006401

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 078-12-08-477-002-22
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2203
  • Longitude: -84.562

    Address

  • Full Address: 8225 Lockerbie Rd
  • Legal Unit: 22
  • Address - House Number: 8225
  • Address - Street Name: Lockerbie
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Parma
  • Carrier Code: R063
  • 4-Digit Zip Code: 9335
  • Zip Code: 49269

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $187,687
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 88
  • Final Value: 195,157
  • High Value: 216,573
  • Low Value: 173,740

    Market Valuation

  • Market Total Value: $157,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2006
  • Current Sale Recording Date: Dec 20, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2462524
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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22016131
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 8225 Lockerbie Drive built and last sold?
The property at 8225 Lockerbie Drive was built in 2006 and last sold on Dec 1, 2006 for $15,000.
How much is this home worth?
The estimated value of the home located at 8225 Lockerbie Drive is $197,885.
What are some comparable homes to 8225 Lockerbie Drive?
There are currently no comparable homes to 8225 Lockerbie Drive.
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