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Jackson
8730 SEARS RD
$255,000
● House - Off Market

8730 SEARS RD

Horton, MI 49246
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,594 Ft²
$394,446
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

As you walk into this gorgeous home you will instantly notice the beautiful hardwood floors, cathedral ceiling, updated kitchen, and open concept.  Two bedrooms and full bath are on the main level, loft area and master suite are upstairs for privacy.  The basement is finished with two non conforming bedrooms, living room, storage area, walk out, and a half bath.  This home sits on almost 12 acres, has 30x48 barn with 4 horse stalls, 2 fenced in pastures, very private!
Unit Size
2,594 Ft²
Days on Market
-
Land Size
11.87 acres
Price per sqft
$100
Property Type
House
Property Taxes
$275
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: 3 years ago (MichRIC MLS #21053330)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Five Star Real Estate-Cooper $418,500
Listed by Five Star Real Estate-Cooper
Nov 19, 2018 Sold
Premium
Sold
Aug 6, 2018 Listed by Five Star Real Estate-Cooper $259,900
Listed by Five Star Real Estate-Cooper

Property Highlights

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,100
  • Garage Type: 7
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 517,057
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011870
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 32 TH S0154'45''E 1355.23 FT TO POB TH CONTINUING S0154'45''E 604.23 FT TH W 625.52 FT TH

Neighborhood

  • School District Name: Concord Community Schools
  • School Tax School District: 38080
  • Census Tract: 006401

Zoning

  • Zoning: AG-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-32-176-005-06
  • Meridian: SEC 32 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.17
  • Longitude: -84.5709

    Address

  • Full Address: 8730 Sears Rd
  • Address - House Number: 8730
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Horton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9589
  • Zip Code: 49246

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,387
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Nov 30, 2022
  • Confidence Score: 75
  • Final Value: 422,837
  • High Value: 501,481
  • Low Value: 344,194

    Market Valuation

  • Market Total Value: $330,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2900537
  • Previous Sale Recording Date: Nov 21, 2019
  • Previous Sale Contract Date: Nov 07, 2019
  • Previous Sale Document Type: 40
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: Jessica N Villarreal, Five Star Real Estate-Cooper
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21053330
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 8730 Sears Road built and last sold?
The property at 8730 Sears Road was built in 1999 and last sold on Nov 18, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 8730 Sears Road is $415,903.
What are some comparable homes to 8730 Sears Road?
There are currently no comparable homes to 8730 Sears Road.
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