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Jackson 49201
9425 Lee Road
$365,750
● House - Off Market

9425 Lee Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$396,527
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This stunning fully remodeled home located in Grass Lake charter township offers 3 large bedrooms and 2 full bathrooms, all new kitchen, and stainless-steel appliances. Over 1,774 sq Feet of living space not including the full finished walk-out basement. Newly installed egress windows in basement. Large loft/office space on second floor. Master suite bathroom has jacuzzi tub and standing shower. 6 acres of land. Private driveway. 1.5 car heated attached garage. Newly installed central air system (09/22). Newly installed roof (07/21). All new floors throughout the home. 855 sq Feet natural wood deck. Lots of land and privacy. The listing agent is part owner of this property.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
6.06 acres
Price per sqft
$158
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
2003

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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 #22048322)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Nov 16, 2022 Listed by NCDG REALTY & PROPERTY MANAGE $379,500
Listed by NCDG REALTY & PROPERTY MANAGE
Jan 18, 2005 Sold
Premium
Sold
Jul 24, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,183
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 263,974
  • Lot Size Depth Feet: 4,400
  • Lot Size Frontage Feet: 6,000
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006060
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT N 1/4 POST OF SEC 18 TH S0*47'48"W ALG CEN LN OF BURKHART RD 440 FT TH S88*31'52"W 600 FT TH N0*47'52"E 440 FT TO CEN

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38050
  • Census Tract: 006804

Zoning

  • Zoning: R2- SIN

Geography

  • Assessors Map Reference: MAPS
  • District: 04
  • Parcel: 000-15-18-126-002-03
  • Meridian: SEC 18 TWN 03S RNG 02E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2174
  • Longitude: -84.2411

    Address

  • Full Address: 9425 Lee Rd
  • Address - House Number: 9425
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 9186
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $292,670
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 396,470
  • High Value: 439,652
  • Low Value: 353,289

    Market Valuation

  • Market Total Value: $311,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2005
  • Current Sale Recording Date: Jan 18, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2381683
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Contract Date: Jul 14, 2003
  • Previous Sale Amount: $41,500
  • 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: Pouria Namazi, NCDG REALTY & PROPERTY MANAGE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22048322
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 9425 Lee Road built and last sold?
The property at 9425 Lee Road was built in 2003 and last sold on Jan 7, 2005 for $165,000.
How much is this home worth?
The estimated value of the home located at 9425 Lee Road is $382,101.
What are some comparable homes to 9425 Lee Road?
There are currently no comparable homes to 9425 Lee Road.
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