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Napoleon 49201
9230 WALTER LN
$117,000
● House - Off Market

9230 WALTER LN

Napoleon, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$152,520
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

NAPOLEON SCHOOLS- MUCH LARGER THAN APPEARS! 4 BEDROOMS, 2 FULL BATHS, LARGE OPEN LIVING/DINING/KITCHEN FOR LOTS OF ENTERTAINING.  KITCHEN WITH NOOK AND SLIDING GLASS DOORS.  LARGE DECK AND WALKING DISTANCE TO SCHOOL!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$76
Property Type
House
Property Taxes
$82
HOA Dues
-
Year Built
2007

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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 #21048436)

Price History

Date / Event Date Event Price
Jul 27, 2020 Sold
Premium
Sold
May 26, 2020 Listed by C-21 Affiliated - Jackson $110,000
Listed by C-21 Affiliated - Jackson
Mar 28, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 468
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,934
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STETLERS SUBDIVISION
  • Land Acres: 0000000251
  • Standard Land Use Code: 1006
  • County Land Use Code: 401
  • Mobile Home Indicator: T
  • Legal Description 1: THE E 70 FT OF LOT 1 STETLERS SUBDIVISION

Neighborhood

  • School District Name: Napoleon Community Schools
  • School Tax School District: 38130
  • Census Tract: 006202

Zoning

  • Zoning: MHP

Geography

  • Assessors Map Reference: MAPS
  • District: 09
  • Parcel: 136-15-31-126-001-00
  • Lot: 1
  • Municipality: NAPOLEON TWP
  • Latitude: 42.172
  • Longitude: -84.2447

    Address

  • Full Address: 9230 Walter Ln
  • Legal Unit: 1
  • Address - House Number: 9230
  • Address - Street Name: Walter
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: R006
  • 4-Digit Zip Code: 8543
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $65,416
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 140,316
  • High Value: 172,600
  • Low Value: 108,032

    Market Valuation

  • Market Total Value: $75,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2855526
  • Previous Sale Recording Date: Mar 28, 2001
  • Previous Sale Contract Date: Mar 19, 2001
  • Previous Sale Amount: $57,000
  • 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 Napoleon

Stats & Trends

Median Asking:

$244,900

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

52

Average Home Size

933 ft²

Average Home Age

56.3 years

Currently For Sale

3 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: RHONDA K. MILES, C-21 Affiliated - Jackson
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048436
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 9230 Walter Lane built and last sold?
The property at 9230 Walter Lane was built in 2007 and last sold on Jul 20, 2020 for $117,000.
How much is this home worth?
The estimated value of the home located at 9230 Walter Lane is $0.
What are some comparable homes to 9230 Walter Lane?
There are currently no comparable homes to 9230 Walter Lane.
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