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Jackson 49203
1601 4th Street
$250,000
● House - Off Market

1601 4th Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,128 Ft²
$1,502
Est. Monthly
6.64%
Cap Rate

About This Property

Truly charming & elegant home, combining modern updates with historic charm. Gorgeous updated kitchen featuring granite countertops add a touch of luxury & durability. Eat-in area & formal dining, a cozy spot for everyday meals or refined dining.  Hardwood floors, wainscoting & natural woodwork throughout the home is absolutely stunning. Freshly painted interior, new lighting, & newer furnace & AC. Main level laundry room w/utility sink. Dreamy primary suite. All bathrooms are nicely updated. High ceilings in the attic, easily convert into additional living space. New deck, exterior door, outdoor lighting & fencing is a lovely space to unwind & enjoy outdoors. New sewer line & driveway. Walk to Falling Water Trails & Cascades Park. Easy access to highways, dining, shopping & entertainment
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$111
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1930

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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 #24023362)

Price History

Date / Event Date Event Price
Jul 3, 2024 Sold
Premium
Sold
May 18, 2024 In contract -
In contract
May 13, 2024 Listed by ERA REARDON REALTY, L.L.C. $237,000
Listed by ERA REARDON REALTY, L.L.C.
Jun 10, 2020 Sold
Premium
Sold
Apr 8, 2020 Listed by ERA REARDON REALTY, L.L.C. $169,900
Listed by ERA REARDON REALTY, L.L.C.
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,066
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 2,282
  • Building Area: 2,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT REYNOLDS SUB
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 86 FT OF LOT 1 & W 126 OF LOT 2 EX N 31 FT OF E 40 FT REYNOLD'S SUB DIV OF PART OF BLK 1 SABIN'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-33
  • District: 50
  • Parcel: 3-235600000
  • Block: 1
  • Lot: 1-2
  • Municipality: JACKSON CITY
  • Latitude: 42.2299
  • Longitude: -84.4181

    Address

  • Full Address: 1601 4th St
  • Legal Unit: 1,2
  • Address - House Number: 1601
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 4033
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,955
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 67
  • Final Value: 220,677
  • High Value: 272,204
  • Low Value: 169,150

    Market Valuation

  • Market Total Value: $169,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2851845
  • Previous Sale Recording Date: Jun 28, 2018
  • Previous Sale Contract Date: Jun 25, 2018
  • Previous Sale Amount: $150,000
  • 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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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

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MichRIC

Listed by: Julie Hackworth, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24023362
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 1601 4th Street built and last sold?
The property at 1601 4th Street was built in 1930 and last sold on May 22, 2020 for $164,000.
How much is this home worth?
The estimated value of the home located at 1601 4th Street is $0.
What are some comparable homes to 1601 4th Street?
There are currently no comparable homes to 1601 4th Street.
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