For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Kalamazoo 49087
9867 Rainbow Ridge Drive
$400,000
● House - Off Market

9867 Rainbow Ridge Drive

Schoolcraft, MI 49087
bedrooms
6 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,516 Ft²
$704,959
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Beautiful, stone and cedar home in rolling woods with nice lake access with room for boats at dock and canoes etc. on shore a short walk away.
Unit Size
4,516 Ft²
Days on Market
-
Land Size
2.67 acres
Price per sqft
$93
Property Type
House
Property Taxes
$466
HOA Dues
$100
Year Built
2001

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (MichRIC MLS #16044918)

Price History

Date / Event Date Event Price
Dec 30, 2016 Sold
Premium
Sold
Aug 27, 2016 Listed by USREALTY.COM LLP $419,000
Listed by USREALTY.COM LLP
Mar 16, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,818
  • Garage Type: 7
  • Garage Square Area: 1,776
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 117,176
  • Total Building Area: 3,504
  • Building Area: 3,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAW HEIGHTS
  • Land Acres: 0000002690
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: SEC 5-4-12 PAW PAW HEIGHTS LOT 2 EXC SOUTH 200' 2016 CORRECTION OF DESCRIPTION ERROR NEW NUMBER 05-105-021

Neighborhood

  • School District Name: Mattawan Consolidated School
  • School Tax School District: MATTAWAN
  • Census Tract: 003002

Zoning

  • Zoning: R-1

Geography

  • District: 13
  • Parcel: 13-05-105-021
  • Lot: 2
  • Meridian: SEC 05 TWN 04 RNG 12
  • Municipality: PRAIRIE RONDE TWP
  • Latitude: 42.153
  • Longitude: -85.7427

    Address

  • Full Address: 9867 Rainbow Ridge Dr
  • Address - House Number: 9867
  • Address - Street Name: Rainbow Ridge
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Schoolcraft
  • Carrier Code: R014
  • 4-Digit Zip Code: 9490
  • Zip Code: 49087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $233,467

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 561,941
  • High Value: 649,065
  • Low Value: 474,817

    Market Valuation

  • Market Total Value: $500,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-042614
  • Previous Sale Recording Date: Mar 16, 2007
  • Previous Sale Contract Date: Mar 01, 2007
  • Previous Sale Amount: $403,000
  • 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 Kalamazoo

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1972 ft²

Average Home Age

57 years

Currently For Sale

736 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: Ryan Gehris, USREALTY.COM LLP
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 16044918
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 9867 Rainbow Ridge Drive built and last sold?
The property at 9867 Rainbow Ridge Drive was built in 2001 and last sold on Dec 23, 2016 for $400,000.
How much is this home worth?
The estimated value of the home located at 9867 Rainbow Ridge Drive is $0.
What are some comparable homes to 9867 Rainbow Ridge Drive?
There are currently no comparable homes to 9867 Rainbow Ridge Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Prairie Ronde Homes for Sale
Prairie Ronde Houses for Sale
Prairie Ronde Land for Sale
Prairie Ronde Homes with Basements
Prairie Ronde Homes with Pools
Prairie Ronde Homes with Parking
Prairie Ronde Homes with Garages
Prairie Ronde Homes with a View
Nearby Cities
Portage Homes for Sale
Vicksburg Homes for Sale
Mattawan Homes for Sale
Schoolcraft Homes for Sale
Lawton Homes for Sale
Marcellus Homes for Sale
Nearby Property Records
Kalamazoo County, MI Property Records
St. Joseph County, MI Property Records
Van Buren County, MI Property Records
Cass County, MI Property Records
Barry County, MI Property Records
Calhoun County, MI Property Records
Elkhart County, IN Property Records
LaGrange County, IN Property Records
Neighborhoods
Millwood Real Estate
Nearby Counties
Portage Homes for Sale
Texas Homes for Sale
Antwerp Homes for Sale
Schoolcraft Homes for Sale
Porter Homes for Sale
Marcellus Homes for Sale
Park Homes for Sale
Flowerfield Homes for Sale
Top Real Estate Agents
Top Agents in Prairie Ronde
Top Agents in Portage
Top Agents in Portage
Top Agents in 49024
Top Agents in Texas
Top Agents in 49002
Top Agents in Antwerp
Top Agents in 49071