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Jackson 49203
1013 W Franklin Street
$156,000
● House - Off Market

1013 W Franklin Street

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,626 Ft²
$164,154
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This 2-story style home is located on the southside of Jackson is perfectly located near Cascades Park and Golf Course, and just a short distance to Ella Sharp Park and golf course, the Ella Sharp Museum and Falling Waters Trail. Find many updates including new flooring, fresh paint throughout, updated baths, updated kitchen with new kitchen, sink and faucet, new countertops, refrigerator, stove, microwave, and dishwasher included. Updates also include new windows and furnace. Featuring 4-5 bedrooms, 2 full baths, bonus 4th bedroom/family room upstairs and a private office/home school room. Nice backyard with large deck and a detached two car garage and fenced in backyard. This home comes with a 12-month home warranty from America's Preferred Home Warranty.
Unit Size
1,626 Ft²
Days on Market
37 days
Land Size
0.20 acres
Price per sqft
$92
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1930

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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: 10 months ago (MichRIC MLS #21112523)

Price History

Date / Event Date Event Price
Dec 8, 2021 Sold
Premium
Sold
Oct 26, 2021 Listed by TOM SCHINDLER $149,000
Listed by TOM SCHINDLER
Jul 26, 2021 Sold
Premium
Sold
Feb 24, 2021 Listed by TOM SCHINDLER $45,000
Listed by TOM SCHINDLER
Apr 15, 2009 Sold
Premium
Sold
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Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 924
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • 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: 1,645
  • Building Area: 1,645
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,645
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOEMAKERS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 BLK 17 SHOEMAKER'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-13
  • District: 50
  • Parcel: 3-086300000
  • Block: 17
  • Lot: 3
  • Municipality: JACKSON CITY
  • Latitude: 42.2435
  • Longitude: -84.4266

    Address

  • Full Address: 1013 W Franklin St
  • Legal Unit: 3
  • Address - House Number: 1013
  • Street Direction: W
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C015
  • 4-Digit Zip Code: 1615
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $322,420
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 63
  • Final Value: 193,355
  • High Value: 242,920
  • Low Value: 143,789

    Market Valuation

  • Market Total Value: $155,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2901172
  • Previous Sale Recording Date: Apr 15, 2009
  • Previous Sale Contract Date: Apr 09, 2009
  • Previous Sale Amount: $80,000
  • 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

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MichRIC

Listed by: Tom Schindler, TOM SCHINDLER
Last Updated: 10 months ago
Data Source: MichRIC, MLS# 21112523
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 West Franklin Street built and last sold?
The property at 1013 West Franklin Street was built in 1930 and last sold on Dec 3, 2021 for $156,000.
How much is this home worth?
The estimated value of the home located at 1013 West Franklin Street is $0.
What are some comparable homes to 1013 West Franklin Street?
There are currently no comparable homes to 1013 West Franklin Street.
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