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Jackson 49202
1315 N WATERLOO AVE
$83,400
● House - Off Market

1315 N WATERLOO AVE

Jackson, MI 49202
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$117,857
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Cute & cozy on over half an acre of open yard this tidy and sunlit home has a welcoming, retro appeal. The spacious Family Room addition that nearly doubled the original home is a perfect TV room which then opens to the rear deck and expansive back yard. Enjoy the sunny kitchen with basic appliance package to the front living room and 3 main floor bedrooms. Walk up attic that is great for storage but has been used for a 4th bedroom in the past. Detached 1-car garage offers side  sunroom for she shed/man cave hideaway. Large back shed holds gardening tools, lawnmower leaving car-space in the garage. Fenced side yard for pets is off the rear deck. Lower Level Laundry. Central A/C. Home is move-in ready. Priced so Buyers can afford updates to make it their own.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$62
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1900

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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 #21048408)

Price History

Date / Event Date Event Price
Jul 9, 2020 Sold
Premium
Sold
May 23, 2020 Listed by ERA REARDON REALTY, L.L.C. $85,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,788
  • Lot Size Depth Feet: 3,910
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMONDS ADD
  • Land Acres: 0000000592
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 4 RDS OF LOT 3 HAMMOND'S ADD

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 8-183700000
  • Lot: 3
  • Municipality: JACKSON CITY
  • Latitude: 42.2662
  • Longitude: -84.3953

    Address

  • Full Address: 1315 N Waterloo St
  • Legal Unit: 3
  • Address - House Number: 1315
  • Street Direction: N
  • Address - Street Name: Waterloo
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 2418
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $187,607
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 137,888
  • High Value: 170,680
  • Low Value: 105,097

    Market Valuation

  • Market Total Value: $103,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2854124
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: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048408
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 1315 North Waterloo Avenue built and last sold?
The property at 1315 North Waterloo Avenue was built in 1900 and last sold on Jul 1, 2020 for $83,400.
How much is this home worth?
The estimated value of the home located at 1315 North Waterloo Avenue is $0.
What are some comparable homes to 1315 North Waterloo Avenue?
There are currently no comparable homes to 1315 North Waterloo Avenue.
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