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Jackson 49203
1519 Warren Avenue
$174,250
● House - Off Market

1519 Warren Avenue

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,282 Ft²
$1,031
Est. Monthly
5.69%
Cap Rate

About This Property

Discover this charming ranch located in Summit township, Open- concept living and dining area, hardwood floors, Gas log fireplace, perfect for cozy nights, nice kitchen with appliances, full basement offers extra space, a nonconforming 3rd Bedroom and a 2nd full bath, family room with dry bar, Enjoy outdoor living on the deck and patio overlooking large back yard where deer and other wildlife visit frequently, Shed for storage,  just minutes from all the local amenities, and all the conveniences. Schedule a showing and make it yours!
Unit Size
1,282 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$140
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1950

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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 #24050641)

Price History

Date / Event Date Event Price
Oct 11, 2024 Sold
Premium
Sold
Sep 25, 2024 Listed by ERA REARDON REALTY, L.L.C. $179,000
Listed by ERA REARDON REALTY, L.L.C.
Oct 1, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,047
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,053
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,047
  • Building Area: 1,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUPERVISORS CASCADES VIEW
  • Land Acres: 0000000644
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 2 SUPERVISOR'S PLAT OF CASCADE'S VIEW

Neighborhood

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

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: MAPS ABAND WELL
  • District: 17
  • Parcel: 550-13-08-278-002-00
  • Lot: 2
  • Municipality: SUMMIT TWP
  • Latitude: 42.2296
  • Longitude: -84.4438

    Address

  • Full Address: 1519 Warren Ave
  • Legal Unit: 2
  • Address - House Number: 1519
  • Address - Street Name: Warren
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C039
  • 4-Digit Zip Code: 3733
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,373
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 167,248
  • High Value: 206,225
  • Low Value: 128,271

    Market Valuation

  • Market Total Value: $114,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2015
  • Current Sale Recording Date: Oct 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2722198
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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: TRACEY J CONNORS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24050641
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 1519 Warren Avenue built and last sold?
The property at 1519 Warren Avenue was built in 1950 and last sold on Sep 1, 2015 for $70,000.
How much is this home worth?
The estimated value of the home located at 1519 Warren Avenue is $181,706.
What are some comparable homes to 1519 Warren Avenue?
There are currently no comparable homes to 1519 Warren Avenue.
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