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Jackson 49202
201 N ELM
$62,000
● House - Off Market

201 N ELM

Jackson, MI 49202
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,620 Ft²
$98,529
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Freshly updated, 5 bedroom/2 full bath City charmer!  Updates include, newer furnace, new carpet, paint, updated bathrooms, brand new poured concrete driveway & new windows on the three seasons room.  If you have been searching for a large home with generous sized bedrooms, look no further!  Convenient to hospital, shopping, parks and downtown!
Unit Size
3,620 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$18
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1920

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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 #21089960)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Jul 14, 2017 Listed by Home 1st Real Estate $65,000
Listed by Home 1st Real Estate
Mar 23, 2017 Sold
Premium
Sold
Jan 13, 2017 Listed by Home 1st Real Estate $57,900
Listed by Home 1st Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 714
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST ADD
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 74.68 FT OF LOT 17 BLK 4 EAST ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 7-33
  • District: 50
  • Parcel: 7-105200000
  • Block: 4
  • Lot: 17
  • Municipality: JACKSON CITY
  • Latitude: 42.2532
  • Longitude: -84.3841

    Address

  • Full Address: 201 N Elm Ave
  • Legal Unit: 17
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 3503
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $128,050
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 129,988
  • High Value: 165,098
  • Low Value: 94,879

    Market Valuation

  • Market Total Value: $98,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2798818
  • Previous Sale Recording Date: Mar 23, 2017
  • Previous Sale Contract Date: Mar 20, 2017
  • Previous Sale Amount: $55,000
  • 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

Rentals Near You

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MichRIC

Listed by: Steve Jackson, Home 1st Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21089960
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 201 North Elm Avenue built and last sold?
The property at 201 North Elm Avenue was built in 1920 and last sold on Jun 4, 2018 for $62,000.
How much is this home worth?
The estimated value of the home located at 201 North Elm Avenue is $67,450.
What are some comparable homes to 201 North Elm Avenue?
There are currently no comparable homes to 201 North Elm Avenue.
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