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Jackson 49201
2950 S Sandstone
$64,500
● House - Off Market

2950 S Sandstone

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$143,166
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Finished Walkout Basement Makes This A Spacious 4 Bedroom Home. Lots Of Updates Include New Roofing, Hardwood Floors, Fresh Painting.Enclosed Porch Overlooks A Large Backyard W/Mature Trees & Wildlife. Gas Log Franklin Stove Can Keep The Home Warm Enough. 2 Driveways On Corner Lot. Hardwood Flrs On Main Floor. Feb. 2011 - New 50 Gallon Gas Water Heater. Summer 2011 Drain In Basement Replaced. Subject To Short Sale; All Offers Subject To Approval By Third Party - See Assoc. Docs., Rec Room: Finished
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$48
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1968

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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 #23096165)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Sep 13, 2018 Listed by Thinking Real Estate $104,900
Listed by Thinking Real Estate
Apr 18, 2012 Sold
Premium
Sold
Nov 22, 2011 Listed by Thinking Real Estate $65,000
Listed by Thinking Real Estate
Aug 17, 2011 Listed by Thinking Real Estate $65,000
Listed by Thinking Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 912
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTERN ACRES ESTATES #1
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 WESTERN ACRES ESTATES NO 1

Neighborhood

  • School District Name: Western School District
  • School Tax School District: 38010
  • Census Tract: 005400

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAPS
  • District: 15
  • Parcel: 206-12-11-306-001-00
  • Lot: 3
  • Municipality: SPRING ARBOR TWP
  • Latitude: 42.2199
  • Longitude: -84.5169

    Address

  • Full Address: 2950 S Sandstone Rd
  • Legal Unit: 3
  • Address - House Number: 2950
  • Street Direction: S
  • Address - Street Name: Sandstone
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 9325
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 15

    Appraisal Valuation

  • Standard Deviation: 0.2888
  • Valuation Date: Jun 15, 2022
  • Confidence Score: 42
  • Final Value: 167,275
  • High Value: 215,589
  • Low Value: 118,960

    Market Valuation

  • Market Total Value: $134,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2812267
  • Previous Sale Recording Date: Apr 18, 2012
  • Previous Sale Contract Date: Apr 13, 2012
  • Previous Sale Amount: $64,500
  • 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

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MichRIC

Listed by: Laura D Schlecte, Thinking Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23096165
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 2950 South Sandstone Road built and last sold?
The property at 2950 South Sandstone Road was built in 1968 and last sold on Dec 21, 2018 for $107,000.
How much is this home worth?
The estimated value of the home located at 2950 South Sandstone Road is $0.
What are some comparable homes to 2950 South Sandstone Road?
There are currently no comparable homes to 2950 South Sandstone Road.
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