Pending
7367 Terrace Lane, Jenison, MI 49428
$350,000
MLS # 26032430 (Michigan Regional Information Center (MichRIC))
3 beds3 baths1,374 sqftBuilt 19600.26 acres
1 / 19
Listing Description
Welcome to this well-maintained 3-bedroom, 2.5-bath home in the heart of Jenison! Offering a functional layout with an attached two-stall garage, this home also features a finished lower level with the potential to create a fourth bedroom, home office, or additional living space. Fresh interior paint upstairs and downstairs adds to its move-in-ready appeal. Conveniently located near schools, parks, shopping, and major commuter routes. The home is currently tenant occupied with a lease in place through February 26, 2027, generating $2,210 per month in rental income. Whether you're looking to add a quality property to your investment portfolio or planning ahead for future owner occupancy, this home offers flexibility in a highly desirable location. Showings are by appointment only and subject to tenant rights under the current lease.
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 1,374 sq ft home built in 1960 sits in Georgetown Township in Jenison.
Asking $350,000 (about $255/sq ft).
Property tax estimate: $3,811 per year ($318/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area1,374 sqft
Lot Size0.26 acres
Year Built1960
Stories2
Location
CityJenison
MunicipalityGeorgetown Twp
Zip Code49428
CountyOttawa
School DistrictJenison
Construction & Systems
StyleTraditional
ConstructionAluminum Siding, Brick
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/26/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,811
Tax Year2025
State Equalized Value$138,400
Taxable Value$134,030
Assessed Value$134,030
Homestead (PRE)100%
Parcel #70-14-14-474-004
Source: Public Records
Legal Description
LOT 34 TERRACE GARDENS SUB
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Darryl A Matthews Jr
Keller Williams GR East
Frequently Asked Questions about 7367 Terrace Lane, Jenison, MI 49428
Which school district serves 7367 Terrace Lane, Jenison, MI 49428?
Per MLS# 26032430, 7367 Terrace Lane, Jenison, MI 49428 is in the Jenison boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Jenison directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26032430, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7367 Terrace Lane, Jenison, MI 49428?
Per public tax records, annual property taxes for this property are $3,811 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7367 Terrace Lane, Jenison, MI 49428 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 7367 Terrace Lane, Jenison, MI 49428 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 7367 Terrace Lane, Jenison, MI 49428?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Georgetown Twp police department or the Ottawa County sheriff's office.
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Monthly payment$2,270
Principal & interest$2,270
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7367 Terrace Lane, Jenison, MI 49428
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Municipality
Georgetown Township
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