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Jackson 49202
1181 HERBERT J
$65,000
● House - Off Market

1181 HERBERT J

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
790 Ft²
$98,004
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Nice Location, Close to it ALL Shopping, Dining, Major Freeway, Lots of potential here, home needs updating inside and out, 2 bedrooms, full basement, large deck on the back, one car garage with attached Carport, Great yard with lots of space, . Cash terms only.
Unit Size
790 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$88
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1977

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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: 3 years ago (MichRIC MLS #21048224)

Price History

Date / Event Date Event Price
Oct 27, 2020 Sold
Premium
Sold
Sep 29, 2020 Listed by ERA REARDON REALTY, L.L.C. $79,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 18, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by ERA REARDON REALTY, L.L.C. $69,900
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 640
  • Garage Type: 7
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,255
  • Lot Size Depth Feet: 2,027
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 640
  • Building Area: 640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY ACRES
  • Land Acres: 0000000465
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 20 SHADY ACRES

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005501

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-28-304-004-00
  • Lot: 20
  • Municipality: BLACKMAN TWP
  • Latitude: 42.268
  • Longitude: -84.4392

    Address

  • Full Address: 1181 Herbert J Ave
  • Legal Unit: 20
  • Address - House Number: 1181
  • Address - Street Name: Herbert J
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C015
  • 4-Digit Zip Code: 1927
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $129,137
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 141,665
  • High Value: 175,354
  • Low Value: 107,975

    Market Valuation

  • Market Total Value: $110,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2863405
  • Previous Sale Recording Date: Jun 18, 2020
  • Previous Sale Contract Date: Jun 15, 2020
  • Previous Sale Amount: $65,000
  • 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:

$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

Rentals Near You

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MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048224
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 1181 Herbert J Avenue built and last sold?
The property at 1181 Herbert J Avenue was built in 1977 and last sold on Oct 13, 2020 for $77,000.
How much is this home worth?
The estimated value of the home located at 1181 Herbert J Avenue is $79,647.
What are some comparable homes to 1181 Herbert J Avenue?
There are currently no comparable homes to 1181 Herbert J Avenue.
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