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Jackson 49201
1499 Glasgow Road
$229,000
● House - Off Market

1499 Glasgow Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,670 Ft²
$1,345
Est. Monthly
12.82%
Cap Rate

About This Property

Move right into this 3 bedroom home in Western schools! With easy access to highways but a country setting, the location is perfect for everyone! Featuring cozy spaces and loads of updates including a new well in 2023 and a barn for storage! Don't miss this one! Priced below appraised value with motivated sellers! Immediate occupancy available!
Unit Size
1,670 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$141
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1955

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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: 2 years ago (MichRIC MLS #24047534)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Premium
Sold
Feb 1, 2025 In contract -
In contract
Jan 19, 2025 Price Decreased $234,900
↓ $5K (2.1%)
Price Decreased
Jan 6, 2025 Price Decreased $239,900
↓ $5K (2.1%)
Price Decreased
Dec 4, 2024 Price Decreased $245,000
↓ $5K (2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 768
  • 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: 92,783
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEONDALE SUBDIVISION
  • Land Acres: 0000002130
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 6 & 7 LEONDALE SUBDIVISION ALSO BEG IN W 1/8 LN OF SEC 36 AT A PT 1220.87 FT S OF N LN OF SD SEC TH N89?55'E 160.55 FT TH

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 006500

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS 41-07A
  • District: 14
  • Parcel: 052-07-36-126-007-01
  • Lot: 6-7
  • Meridian: SEC 36 TWN 02S RNG 02W
  • Municipality: SANDSTONE TWP
  • Latitude: 42.2585
  • Longitude: -84.4978

    Address

  • Full Address: 1499 Glasgow Rd
  • Legal Unit: 6 , 7
  • Address - House Number: 1499
  • Address - Street Name: Glasgow
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 8914
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,530
  • Tax Rate Code Area: 14

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 201,778
  • High Value: 223,755
  • Low Value: 179,801

    Market Valuation

  • Market Total Value: $142,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2894566
  • Previous Sale Recording Date: Sep 24, 2020
  • Previous Sale Contract Date: Sep 15, 2020
  • Previous Sale Amount: $140,000
  • 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: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24047534
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 1499 Glasgow Road built and last sold?
The property at 1499 Glasgow Road was built in 1955 and last sold on Sep 8, 2021 for $221,000.
How much is this home worth?
The estimated value of the home located at 1499 Glasgow Road is $0.
What are some comparable homes to 1499 Glasgow Road?
There are currently no comparable homes to 1499 Glasgow Road.
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