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Jackson 49224
865 Athena Drive
$110,000
● House - Off Market

865 Athena Drive

Albion, MI 49224
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,709 Ft²
$123,658
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Cute home in a cozy neighborhood just a short distance from the freeway for easy travel and commute. Seller has worked hard to prepare this home for you. Painted throughout. Updated flooring, Septic was pumped. Back yard is fenced, Shutters are painted and welcoming. New flooring in kitchen. Spacious basement is partially finished with rec room and Non-conforming potential 3rd bedroom, laundry and storage. Fenced back yard perfect for pets and safe for kids. New storm door opens to the patio out back for entertaining. Shed for storage. Great price for the neighborhood and updates. Visit and make this your home today!
Unit Size
1,709 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$70
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
1965

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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 #23001684)

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold
Premium
Sold
Jan 17, 2023 Listed by ERA REARDON REALTY, L.L.C. $120,000
Listed by ERA REARDON REALTY, L.L.C.
Jan 21, 2021 Sold
Premium
Sold
Feb 6, 2003 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,073
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,073
  • Building Area: 1,073
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,073
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMBERTON VILLAGE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: AMBERTON VILLAGE LOT 1

Neighborhood

  • School District Name: Albion Public Schools
  • School Tax School District: 13010
  • Census Tract: 006500

Zoning

  • Zoning: R 1

Geography

  • Assessors Map Reference: MAPS NW1/4, SEC
  • District: 11
  • Parcel: 050-06-31-152-001-00
  • Lot: 1
  • Municipality: PARMA TWP
  • Latitude: 42.255
  • Longitude: -84.7132

    Address

  • Full Address: 865 Athena Dr
  • Address - House Number: 865
  • Address - Street Name: Athena
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Albion
  • Carrier Code: R004
  • 4-Digit Zip Code: 9162
  • Zip Code: 49224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,778
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 120,488
  • High Value: 149,626
  • Low Value: 91,351

    Market Valuation

  • Market Total Value: $75,000
  • Market Land Value: $75,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,500
  • Assessed Land Value: $37,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2870691
  • Previous Sale Recording Date: Feb 06, 2003
  • Previous Sale Contract Date: Oct 30, 2002
  • Previous Sale Amount: $24,000
  • 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23001684
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 865 Athena Drive built and last sold?
The property at 865 Athena Drive was built in 1965 and last sold on Jan 12, 2021 for $45,000.
How much is this home worth?
The estimated value of the home located at 865 Athena Drive is $0.
What are some comparable homes to 865 Athena Drive?
There are currently no comparable homes to 865 Athena Drive.
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