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Jackson 49241
8300 FOLKS RD
$107,000
● House - Off Market

8300 FOLKS RD

Horton, MI 49241
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$184,328
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

One owner home sitting on almost 5 acres, mostly wooded and nice rolling hills.  All kinds of wildlife here, sit out on the deck and watch it happen before you! Newer roof and furnace, walkout basement could easily be finished for more living space. 3 bedrooms on the main level, small garage on lower level of home and 2 carport spaces, and plenty of great views.  Home  has a wood burner and forced air keeping heating bills lower. Original kitchen and hardwood floors add to the woodsy nostalgic  feel of the setting.  Live your dream of tranquility and nature on this almost 5 acre parcel, hunt, cut wood, camp or just watch the wildlife.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
4.82 acres
Price per sqft
$93
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1960

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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 #21059785)

Price History

Date / Event Date Event Price
Apr 13, 2016 Sold
Premium
Sold
Jan 8, 2016 Listed by ERA REARDON REALTY, L.L.C. $107,000
Listed by ERA REARDON REALTY, L.L.C.
Jul 15, 2014 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,189
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 209,959
  • Total Building Area: 1,189
  • Building Area: 1,189
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,189
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004820
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE W 16 RDS OF THE S 50 RDS OF THE SE 1/4 OF THE SE 1/4. SEC 17 T4S R2W

Neighborhood

  • School District Name: Hanover-Horton Schools
  • School Tax School District: 38100
  • Census Tract: 006402

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 05
  • Parcel: 000-17-17-476-001-00
  • Meridian: SEC 17 TWN 04S RNG 02W
  • Municipality: HANOVER TWP
  • Latitude: 42.1156
  • Longitude: -84.5614

    Address

  • Full Address: 8300 Folks Rd
  • Address - House Number: 8300
  • Address - Street Name: Folks
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Hanover
  • Carrier Code: R001
  • 4-Digit Zip Code: 9788
  • Zip Code: 49241

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $59,379
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 69
  • Final Value: 182,311
  • High Value: 222,220
  • Low Value: 142,401

    Market Valuation

  • Market Total Value: $131,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2873222
  • Previous Sale Recording Date: Apr 13, 2016
  • Previous Sale Contract Date: Apr 08, 2016
  • Previous Sale Amount: $107,000
  • 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: MEREDYTHE L HILL-VanDUSEN, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21059785
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 8300 Folks Road built and last sold?
The property at 8300 Folks Road was built in 1960 and last sold on Feb 1, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 8300 Folks Road is $0.
What are some comparable homes to 8300 Folks Road?
There are currently no comparable homes to 8300 Folks Road.
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