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Jackson 49203
1323 PARK
$90,000
● House - Off Market

1323 PARK

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,823 Ft²
$220,035
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Beautiful brick Cape Cod home with an open floor plan on the main floor, nicely finished lower level and bonus rooms on the second floor. A desirable location within Summit township near the Falling Waters Trail and both parks. Updates include water heater, kitchen appliances, roof new in 2008, garage, deck, windows and bath improvements. Finished Basement offers waterproofing system.  Fantastic yard with additional shed for storage.
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$55
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1950

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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 #21068258)

Price History

Date / Event Date Event Price
Oct 29, 2018 Sold
Premium
Sold
Aug 31, 2018 Listed by HOWARD HANNA REAL ESTATE SERVI $124,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Sep 25, 2013 Sold
Premium
Sold
May 7, 2013 Listed by HOWARD HANNA REAL ESTATE SERVI $109,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Apr 30, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,006
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,284
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,006
  • Building Area: 1,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,006
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHARP PARK SUBDIVISION
  • Land Acres: 0000000282
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 59 SHARP PARK SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 445-13-16-402-047-00
  • Lot: 59
  • Municipality: SUMMIT TWP
  • Latitude: 42.2108
  • Longitude: -84.4313

    Address

  • Full Address: 1323 Park Rd
  • Legal Unit: 59
  • Address - House Number: 1323
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C022
  • 4-Digit Zip Code: 5012
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $153,672
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 208,242
  • High Value: 249,322
  • Low Value: 167,162

    Market Valuation

  • Market Total Value: $142,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2018
  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2130-0361
  • Previous Sale Recording Date: Sep 25, 2013
  • Previous Sale Contract Date: Sep 20, 2013
  • Previous Sale Amount: $105,000
  • 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

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MichRIC

Listed by: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21068258
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 1323 Park Road built and last sold?
The property at 1323 Park Road was built in 1950 and last sold on Oct 24, 2018 for $132,000.
How much is this home worth?
The estimated value of the home located at 1323 Park Road is $0.
What are some comparable homes to 1323 Park Road?
There are currently no comparable homes to 1323 Park Road.
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