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Jackson 49203
1234 MOUND
$69,900
● House - Off Market

1234 MOUND

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,572 Ft²
$494
Est. Monthly
14.59%
Cap Rate

About This Property

Large, well kept city home ready for you to move into. Close to Cascades. Two large, non-conforming bedrooms in the basement.
Unit Size
2,572 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$27
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1946

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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 #21067601)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
May 27, 2022 Listed by Home 1st Real Estate $149,900
Listed by Home 1st Real Estate
BACK ON THE MARKET DUE TO NO FAULT OF THE HOME!!! BUYER COULDN'T GET FINANCED SINCE HOME WAS LISTED. This sprawling ranch offers 2–4 bedrooms, 1560 sq. ft. of living space on the main floor, 2 full baths on each level. Spacious living room with a fireplace & 3 seasons room attached for easy access. A nice size kitchen with room for dining table & access to the back porch & new private fenced in back yard. All kitchen appliances are included. Lower level is a finished walkout, as a family room with two non-conforming bedrooms. 1 car garage is attached to the lower level for easy access. Updates in 2021 include privacy fence, kitchen floor, new stove. Updated boiler, electrical panel, gutter guards. A short walk to CASCADES PARK & FALLS. See what pride in ownership looks like!
Jan 21, 2021 Sold
Premium
Sold
Nov 20, 2020 Listed by Howard Hanna Real Estate $110,000
Listed by Howard Hanna Real Estate
Aug 7, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,820
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOESERS SUB
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 15 EX W 21 FT & LOT 16 EX NLY 20 FT BLK 7 LOESER'S SUB DIV OF BLKS 14, 15, 16 & PART OF BLKS 6, 7 & 8 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 3-27
  • District: 50
  • Parcel: 3-192000000
  • Block: 6-7,14
  • Lot: 15-16
  • Municipality: JACKSON CITY
  • Latitude: 42.2331
  • Longitude: -84.4206

    Address

  • Full Address: 1234 Mound Ave
  • Legal Unit: 15,16
  • Address - House Number: 1234
  • Address - Street Name: Mound
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 2930
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,286
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 146,273
  • High Value: 162,204
  • Low Value: 130,341

    Market Valuation

  • Market Total Value: $157,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2870686
  • Previous Sale Recording Date: Aug 07, 2013
  • Previous Sale Contract Date: Jul 31, 2013
  • Previous Sale Amount: $60,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21067601
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 1234 Mound Avenue built and last sold?
The property at 1234 Mound Avenue was built in 1946 and last sold on Jan 13, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 1234 Mound Avenue is $156,163.
What are some comparable homes to 1234 Mound Avenue?
There are currently no comparable homes to 1234 Mound Avenue.
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