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Jackson 49201
9502 Lee Road
$455,000
● House - Off Market

9502 Lee Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,105 Ft²
$2,817
Est. Monthly
4.32%
Cap Rate

About This Property

Built in 2021, this sprawling ranch impresses with cathedral ceilings, custom built-ins, and a bright, open layout. Over 2,000 sq ft on the main level offers a spacious primary suite with a huge walk-in closet and views of the park-like backyard, plus two additional bedrooms, 2.5 baths, and main floor laundry. The living room flows into a beautiful kitchen with stone counters, ample prep space, and stainless appliances. Step out onto the back deck to relax or entertain. The 2000 sq. ft. walkout level is ready for your vision. Nestled near Wolf Lake and the charming Village of Grass Lake, and GL schools, with landscaping and thoughtful upgrades already in place-this one is a must-see!
Unit Size
2,105 Ft²
Days on Market
64 days
Land Size
1.00 acres
Price per sqft
$226
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #25038173)

Price History

Date / Event Date Event Price
Oct 3, 2025 Sold
Premium
Sold
Sep 6, 2025 In contract -
In contract
Aug 30, 2025 Price Decreased $474,900
↓ $15K (3.1%)
Price Decreased
Jul 31, 2025 Listed by The Brokerage House $489,900
Listed by The Brokerage House
Jul 29, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,105
  • 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: 43,560
  • Lot Size Depth Feet: 2,756
  • Total Building Area: 2,105
  • Building Area: 2,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,105
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT S 1/4 POST OF SEC 7 TH N88*39'32"E 100 FT TO POB TH N1*04'57"E 275.55 FT TH N88*39'32"E 158.23 FT TH S1*04'57"W 275.55

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: 000-15-07-400-001-08
  • Meridian: SEC 07 TWN 03S RNG 01E
  • Municipality: GRASS LAKE TWP
  • Latitude: 42.2185
  • Longitude: -84.2387

    Address

  • Full Address: 9502 Lee Rd
  • Address - House Number: 9502
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R007
  • 4-Digit Zip Code: 9869
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,498
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 398,906
  • High Value: 442,353
  • Low Value: 355,459

    Market Valuation

  • Market Total Value: $342,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,100

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2890300
  • Previous Sale Recording Date: Jan 18, 2018
  • Previous Sale Contract Date: Jan 11, 2018
  • Previous Sale Amount: $45,000
  • 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: JENIFER SCANLON, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25038173
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 9502 Lee Road built and last sold?
The property at 9502 Lee Road was built in and last sold on Jul 27, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 9502 Lee Road is $465,788.
What are some comparable homes to 9502 Lee Road?
There are currently no comparable homes to 9502 Lee Road.
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