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Jackson 49203
2006 Parkwood Way
$150,000
● House - Off Market

2006 Parkwood Way

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,910 Ft²
$149,442
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Great opportunity in highly desired Upper Essex Heights with so much potential to make this 2 bedroom, 1.5 bath home your own!  2006 Parkwood Way offers hilltop views, parks & schools within walking distance, and close to shopping , dining & golf courses. This home is reminiscent of a Frank Lloyd Wright house. The open concept design allows for a seamless flow between the living room, dining area, and kitchen. Large windows throughout the house flood the rooms with natural light. Embrace the beauty of hilltop living and make this delightful retreat your next home. Brand new metal roof installed in 2023!
Unit Size
1,910 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$79
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1958

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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 #23027773)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Aug 2, 2023 Listed by ERA REARDON REALTY, L.L.C. $150,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,469
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESSEX HEIGHTSNO 2
  • Land Acres: 0000000424
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD COM AT PT ON NLY LN OF BRIGHTON RD AT COR COMMON TO LOTS 378 & 424 ESSEX HEIGHTS NO 4 TH NLY 118.90 FT ALG LN COMMON TO

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-41
  • District: 50
  • Parcel: 3-2895.1000
  • Lot: 378,424
  • Meridian: SEC 09 TWN 03S RNG 01W
  • Municipality: JACKSON CITY
  • Latitude: 42.2253
  • Longitude: -84.4253

    Address

  • Full Address: 2006 Parkwood Way
  • Address - House Number: 2006
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 3852
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $310,739
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 88
  • Final Value: 146,093
  • High Value: 162,316
  • Low Value: 129,870

    Market Valuation

  • Market Total Value: $192,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,000

    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:

$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

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: TIMOTHY J ATKINS, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23027773
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 2006 Parkwood Way built and last sold?
The property at 2006 Parkwood Way was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2006 Parkwood Way is $0.
What are some comparable homes to 2006 Parkwood Way?
There are currently no comparable homes to 2006 Parkwood Way.
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