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Jackson 49203
1527 Jericho Road
$210,000
● House - Off Market

1527 Jericho Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$191,378
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Summit Township neighborhood for this 1248 sf vinyl sided ranch. Concrete driveway. 2 car attached garage. Large, trellised deck. 4 permanent air conditioning units cools upstairs controlled by 2 outside condenser units. Hardwood floors throughout. Some replacement windows. Built in bookcases up and down. Pull down attic storage. Upgraded electrical. Finished walkout basement.
Unit Size
1,920 Ft²
Days on Market
53 days
Land Size
0.36 acres
Price per sqft
$99
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1961

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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: 8 months ago (MichRIC MLS #22009713)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Mar 25, 2022 Listed by Howard Hanna Real Estate $189,900
Listed by Howard Hanna Real Estate
Sep 20, 2016 Sold
Premium
Sold
May 9, 2016 Listed by Howard Hanna Real Estate $134,900
Listed by Howard Hanna Real Estate
Sep 3, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,248
  • 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: 15,682
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORD-WAY SUBDIVISION
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 23 ORD-WAY SUBDIVISION

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: 360-13-16-155-021-00
  • Lot: 23
  • Municipality: SUMMIT TWP
  • Latitude: 42.2138
  • Longitude: -84.4383

    Address

  • Full Address: 1527 Jericho Rd
  • Legal Unit: 23
  • Address - House Number: 1527
  • Address - Street Name: Jericho
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 4986
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $244,895
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 189,814
  • High Value: 210,487
  • Low Value: 169,140

    Market Valuation

  • Market Total Value: $208,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2016
  • Current Sale Recording Date: Sep 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2749975
  • Previous Sale Recording Date: Sep 03, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Amount: $129,500
  • 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:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 22009713
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 1527 Jericho Road built and last sold?
The property at 1527 Jericho Road was built in 1961 and last sold on Sep 14, 2016 for $124,000.
How much is this home worth?
The estimated value of the home located at 1527 Jericho Road is $191,464.
What are some comparable homes to 1527 Jericho Road?
There are currently no comparable homes to 1527 Jericho Road.
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