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Jackson 49203
1007 Oak Grove Road
$230,000
● House - Off Market

1007 Oak Grove Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,810 Ft²
$1,356
Est. Monthly
11.34%
Cap Rate

About This Property

Summit Township 3 bedroom 2 bath in quiet Foote Grove Manor.  Walk into the foyer that leads to the open living room offering lots of natural light.  Main floor family room opens to the kitchen with island and appliance package included.  Main floor primary bedroom and main floor full bath.  2nd floor features 2 spacious bedrooms and full bath.  Unfinished basement is wide open and offers additional living space and storage space.  Exterior features a large deck off the back of the home, 2 car attached garage and storage shed.  Priced to sell!  Come see this one before it's gone!
Unit Size
2,810 Ft²
Days on Market
58 days
Land Size
0.25 acres
Price per sqft
$82
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1971

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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: 11 months ago (MichRIC MLS #25032122)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Premium
Sold
Jul 8, 2025 In contract -
In contract
Jul 2, 2025 Listed by RE/MAX MID-MICHIGAN R.E. $230,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,124
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,108
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOOTE GROVE MANOR
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 119 FOOTE GROVE MANOR

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005301

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS ABAND WELL
  • District: 17
  • Parcel: 190-13-05-480-116-00
  • Lot: 119
  • Municipality: SUMMIT TWP
  • Latitude: 42.2343
  • Longitude: -84.445

    Address

  • Full Address: 1007 Oak Grove Rd
  • Legal Unit: 119
  • Address - House Number: 1007
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C004
  • 4-Digit Zip Code: 2647
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $167,095
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 220,927
  • High Value: 276,489
  • Low Value: 165,364

    Market Valuation

  • Market Total Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,500

    Exemptions

  • Homeowner Exemption: Yes
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: AJ Crownover, RE/MAX MID-MICHIGAN R.E.
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25032122
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 1007 Oak Grove Road built and last sold?
The property at 1007 Oak Grove Road was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1007 Oak Grove Road is $241,726.
What are some comparable homes to 1007 Oak Grove Road?
There are currently no comparable homes to 1007 Oak Grove Road.
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