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Spring Arbor 49283
9420 SPRING ARBOR RD
$178,000
● House - Off Market

9420 SPRING ARBOR RD

Spring Arbor, MI 49283
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,672 Ft²
$216,461
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Great Country Living in the beautiful township of Spring Arbor.
Unit Size
3,672 Ft²
Days on Market
-
Land Size
2.12 acres
Price per sqft
$48
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
2000

Payment Calculator

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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 #21095690)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by EXIT REALTY 1ST LLC $178,000
Listed by EXIT REALTY 1ST LLC
Oct 11, 2000 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,836
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,347
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002120
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 20 TH S01DEG 28'02''E 957.50 FT ALG N&S 1/4 LN TO CEN LN OF HWY M-60 TH N67DEG 34'56''E 256.91 FT TO

Neighborhood

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

Zoning

  • Zoning: RNF1/AG1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 000-12-20-201-001-09
  • Meridian: SEC 20 TWN 03S RNG 02W
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2023
  • Longitude: -84.5686

    Address

  • Full Address: 9420 Spring Arbor Rd
  • Address - House Number: 9420
  • Address - Street Name: Spring Arbor
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Spring Arbor
  • Carrier Code: R082
  • 4-Digit Zip Code: 9678
  • Zip Code: 49283

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,083
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 264,323
  • High Value: 314,621
  • Low Value: 214,025

    Market Valuation

  • Market Total Value: $195,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2881620
  • Previous Sale Recording Date: Oct 11, 2000
  • Previous Sale Contract Date: Oct 03, 2000
  • Previous Sale Amount: $17,000
  • 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 Spring Arbor

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$155

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1378 ft²

Average Home Age

53.3 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: JOHN T ROCKEY, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21095690
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 9420 Spring Arbor Road built and last sold?
The property at 9420 Spring Arbor Road was built in 2000 and last sold on Apr 16, 2021 for $178,000.
How much is this home worth?
The estimated value of the home located at 9420 Spring Arbor Road is $0.
What are some comparable homes to 9420 Spring Arbor Road?
There are currently no comparable homes to 9420 Spring Arbor Road.
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