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Jackson 49202
129 E PORTER
$50,000
● House - Off Market

129 E PORTER

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,100 Ft²
$118,938
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Great family home.  Huge yard completely fenced in.  Great location for commuters.  Good value.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$49
Property Type
House
Property Taxes
$64
HOA Dues
-
Year Built
1940

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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 #21068305)

Price History

Date / Event Date Event Price
Jul 30, 2019 Sold
Premium
Sold
Apr 18, 2012 Sold
Premium
Sold
Feb 3, 2012 Listed by HOWARD HANNA REAL ESTATE SERVI $54,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Jun 29, 2005 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 520
  • Garage Type: 7
  • Garage Square Area: 768
  • Parking Space Count: 3
  • 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: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT A PT ON S LN OF PORTER ST 462 FT E OF E LN OF COOPER ST TH S 132 FT TH E 66 FT TH N 132 FT TO S LN OF PORTER ST TH W

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 006900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-39
  • District: 50
  • Parcel: 8-198300000
  • Meridian: SEC 26 TWN 02S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2677
  • Longitude: -84.4019

    Address

  • Full Address: 129 E Porter St
  • Address - House Number: 129
  • Street Direction: E
  • Address - Street Name: Porter
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C008
  • 4-Digit Zip Code: 2315
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $124,987
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 128,089
  • High Value: 160,251
  • Low Value: 95,926

    Market Valuation

  • Market Total Value: $89,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2828378
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Contract Date: Jun 23, 2005
  • Previous Sale Amount: $72,000
  • 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

Rentals Near You

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MichRIC

Listed by: LORI HAUETER, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21068305
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 129 East Porter Street built and last sold?
The property at 129 East Porter Street was built in 1940 and last sold on May 24, 2019 for $50,000.
How much is this home worth?
The estimated value of the home located at 129 East Porter Street is $0.
What are some comparable homes to 129 East Porter Street?
There are currently no comparable homes to 129 East Porter Street.
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