For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Jackson 49203
1516 KENSINGTON DR
$86,500
● House - Off Market

1516 KENSINGTON DR

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,989 Ft²
$196,070
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

"L" shaped family room with fireplace and door to deck and fenced yard. Rec room with fireplace. Eating area in kitchen and dinning area at end of living room. Very clean home.
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$50
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1952

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #21067503)

Price History

Date / Event Date Event Price
Dec 20, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by PRODUCTION REALTY $174,900
Listed by PRODUCTION REALTY
Jul 24, 2013 Sold
Premium
Sold
May 19, 2012 Listed by PRODUCTION REALTY $99,900
Listed by PRODUCTION REALTY

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,134
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,569
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER DOWNS SUBDIVISION
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 5 HEATHER DOWNS

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005302

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 250-13-09-381-005-00
  • Lot: 5
  • Municipality: SUMMIT TWP
  • Latitude: 42.2189
  • Longitude: -84.4357

    Address

  • Full Address: 1516 Kensington Dr
  • Legal Unit: 5
  • Address - House Number: 1516
  • Address - Street Name: Kensington
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 4976
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $197,476
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 63
  • Final Value: 215,982
  • High Value: 271,348
  • Low Value: 160,616

    Market Valuation

  • Market Total Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2902091
  • Previous Sale Recording Date: Jul 24, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $86,500
  • 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

Currently no nearby rentals
MichRIC

Listed by: WILLIAM F HESTWOOD, PRODUCTION REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21067503
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 1516 Kensington Drive built and last sold?
The property at 1516 Kensington Drive was built in 1952 and last sold on Dec 16, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 1516 Kensington Drive is $183,076.
What are some comparable homes to 1516 Kensington Drive?
There are currently no comparable homes to 1516 Kensington Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Summit Homes for Sale
Summit Houses for Sale
Summit Condos for Sale
Summit Multifamily for Sale
Summit Land for Sale
Summit Commercial for Sale
Summit Homes with Basements
Summit Homes with Pools
Nearby Cities
Jackson Homes for Sale
Michigan Center Homes for Sale
Vandercook Lake Homes for Sale
Spring Arbor Homes for Sale
Parma Homes for Sale
Hanover Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Calhoun County, MI Property Records
Washtenaw County, MI Property Records
Ingham County, MI Property Records
Eaton County, MI Property Records
Lenawee County, MI Property Records
Branch County, MI Property Records
Nearby Counties
Jackson Homes for Sale
Leoni Homes for Sale
Blackman Homes for Sale
Columbia Homes for Sale
Napoleon Homes for Sale
Spring Arbor Homes for Sale
Liberty Homes for Sale
Hanover Homes for Sale
Top Real Estate Agents
Top Agents in Summit
Top Agents in 49201
Top Agents in 49203
Top Agents in Jackson
Top Agents in Jackson
Top Agents in 49202
Top Agents in Leoni
Top Agents in Blackman