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Jackson 49203
1539 Strathmoor Lane
$199,000
● House - Off Market

1539 Strathmoor Lane

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,477 Ft²
$205,066
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Close to the Falling Waters Trail in Summit Township, this charming and well-maintained single-story home has a lot to offer. A formal sitting area with a bay window that brings in tons of natural light. The galley style kitchen is plenty big and complete with appliances. Two ample sized bedrooms, two full baths, and laundry on the main floor. Find hardwood floors under the carpet in the formal living room, hallway and two bedrooms. Off the kitchen is a large additional family/dining area with a gas fireplace and sliding glass doors that lead to a deck to enjoy the wooded backyard. The full basement is partially finished and has a rack room, work room, and possible office/den or third bedroom. There is an attached one car garage and backyard storage shed. Newer windows and vinyl siding.
Unit Size
2,477 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$80
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1952

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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 #22051388)

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold
Premium
Sold
Dec 23, 2022 Listed by TOM SCHINDLER, REALTOR $199,000
Listed by TOM SCHINDLER, REALTOR

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 1,060
  • Garage Type: 7
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,115
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,658
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER DOWNS
  • Land Acres: 0000000347
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 74 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: 250-13-16-131-071-00
  • Lot: 74
  • Municipality: SUMMIT TWP
  • Latitude: 42.2165
  • Longitude: -84.4385

    Address

  • Full Address: 1539 Strathmoor Ln
  • Legal Unit: 74
  • Address - House Number: 1539
  • Address - Street Name: Strathmoor
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 4941
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $146,520
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 198,715
  • High Value: 220,358
  • Low Value: 177,072

    Market Valuation

  • Market Total Value: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,700

    Exemptions

  • Homeowner Exemption: Yes
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: Tom Schindler, TOM SCHINDLER, REALTOR
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22051388
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 1539 Strathmoor Lane built and last sold?
The property at 1539 Strathmoor Lane was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1539 Strathmoor Lane is $210,176.
What are some comparable homes to 1539 Strathmoor Lane?
There are currently no comparable homes to 1539 Strathmoor Lane.
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