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Jackson 49203
1013 Oak Grove Rd Road
$180,000
● House - Off Market

1013 Oak Grove Rd Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$201,462
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

LIKE NEW! Welcome home to this fully renovated, turn key property located in Summit Township. Open concept, which features 3 bedrooms and 1 full bath. All new finishes throughout, stainless steel appliances, furnace, AC and hot water heater. Updated electrical, new roof, siding and vinyl windows. Unfinished basement that is plumbed for an additional bathroom and egress windows to add a 4th bedroom. Great back yard with a small deck to relax and entertain. Reach out today to schedule a showing!
Unit Size
925 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$205
Property Type
House
Property Taxes
$35
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: 3 years ago (MichRIC MLS #22043368)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Oct 8, 2022 Listed by BNR Real Estate Group $189,900
Listed by BNR Real Estate Group
Jun 29, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOOTE GROVE MANOR
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 121 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: 190-13-05-480-118-00
  • Lot: 121
  • Municipality: SUMMIT TWP
  • Latitude: 42.2341
  • Longitude: -84.4455

    Address

  • Full Address: 1013 Oak Grove Rd
  • Legal Unit: 121
  • Address - House Number: 1013
  • 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: $202,394
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 187,073
  • High Value: 207,448
  • Low Value: 166,698

    Market Valuation

  • Market Total Value: $172,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2887569
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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22043368
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 1013 Oak Grove Road built and last sold?
The property at 1013 Oak Grove Road was built in and last sold on Jun 21, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 1013 Oak Grove Road is $189,135.
What are some comparable homes to 1013 Oak Grove Road?
There are currently no comparable homes to 1013 Oak Grove Road.
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