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Jackson 49203
2401 VINING
$12,000
● House - Off Market

2401 VINING

Jackson, MI 49203
bedrooms
1 Bed
bathrooms
1 Bath
square feet
484 Ft²
$22,738
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Lots of potential.  Quiet neighborhood.  Garage appears to have been being converted to living space, but not finished.  No garage doors.   Being sold as-is and subject to probate court approval.
Unit Size
484 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$31
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1928

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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 #21090379)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Apr 6, 2021 Listed by THINKING REAL ESTATE $24,000
Listed by THINKING REAL ESTATE
Jun 18, 2018 Sold
Premium
Sold
Apr 3, 2018 Listed by THINKING REAL ESTATE $15,000
Listed by THINKING REAL ESTATE
Sep 21, 2015 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 1
  • 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: 420
  • Garage Type: 7
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 484
  • Building Area: 484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UPLANDS SUBDIVISION
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 102 UPLANDS SUBDIVISION OF LOTS 4 AND 5 OF SHOEMAKER AND MCDEVITT'S SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005000

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 470-13-12-304-076-00
  • Lot: 4-5,102
  • Municipality: SUMMIT TWP
  • Latitude: 42.2235
  • Longitude: -84.3795

    Address

  • Full Address: 2401 Vining St
  • Address - House Number: 2401
  • Address - Street Name: Vining
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C036
  • 4-Digit Zip Code: 4764
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $53,542
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 21,434
  • High Value: 23,768
  • Low Value: 19,099

    Market Valuation

  • Market Total Value: $26,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,300

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2884801
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 13, 2018
  • Previous Sale Amount: $12,000
  • 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:

$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 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: MARC J MEYER, THINKING REAL ESTATE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21090379
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 2401 Vining Street built and last sold?
The property at 2401 Vining Street was built in 1928 and last sold on May 14, 2021 for $24,000.
How much is this home worth?
The estimated value of the home located at 2401 Vining Street is $25,815.
What are some comparable homes to 2401 Vining Street?
There are currently no comparable homes to 2401 Vining Street.
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