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Jackson 49203
1012 4th Street
$194,500
● House - Off Market

1012 4th Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,724 Ft²
$1,395
Est. Monthly
9.08%
Cap Rate

About This Property

COMPLETELY UPDATED, TURN-KEY, GORGEOUS GEM! Breathtaking architectural character & custom designs create irresistible charm. Expansive, sprawling home featuring 4 bdrms, abundance of closet space w/lighting in each one plus 2 FULL baths! Step inside the grand entry, easily flowing into the living & formal dining rms. Gleaming hardwood floors, detailed doorways, custom pairing pocket doors, stunning staircase & banister including built-in bench. Main floor bdrm & updated bath w/subway tile shower. New granite counters, appliance set & window sink appoint the kitchen in style. 2nd Floor bathroom was JUST gutted & remodeled in 2021. BRAND NEW ROOF! Timeless brick & vinyl siding, vinyl windows, new HWH (21). Backyard oasis, fenced-in, patio & more! This home is sure to capture your heart!
Unit Size
1,724 Ft²
Days on Market
23 days
Land Size
0.20 acres
Price per sqft
$110
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1900

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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: 7 months ago (MichRIC MLS #24020716)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Apr 30, 2024 Listed by Howard Hanna Real Estate $189,950
Listed by Howard Hanna Real Estate
Mar 21, 2022 Sold
Premium
Sold
Jan 24, 2022 Listed by Howard Hanna Real Estate $158,900
Listed by Howard Hanna Real Estate
Aug 5, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 974
  • Garage Type: 7
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,724
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON MOUND ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 14 BLK 2 JACKSON MOUND ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-24
  • District: 50
  • Parcel: 3-158300000
  • Block: 2
  • Lot: 14
  • Municipality: JACKSON CITY
  • Latitude: 42.2385
  • Longitude: -84.4187

    Address

  • Full Address: 1012 4th St
  • Legal Unit: 14
  • Address - House Number: 1012
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 3051
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,270
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 180,154
  • High Value: 223,698
  • Low Value: 136,609

    Market Valuation

  • Market Total Value: $160,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,300

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 05, 2004
  • Previous Sale Contract Date: Jul 30, 2004
  • Previous Sale Amount: $126,000
  • 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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera
Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 7 months ago
Data Source: MichRIC, MLS# 24020716
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 1012 4th Street built and last sold?
The property at 1012 4th Street was built in 1900 and last sold on Feb 25, 2022 for $158,900.
How much is this home worth?
The estimated value of the home located at 1012 4th Street is $0.
What are some comparable homes to 1012 4th Street?
There are currently no comparable homes to 1012 4th Street.
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