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Jackson 49201
2961 Sheridan Circle
$436,706
● House - Off Market

2961 Sheridan Circle

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,019 Ft²
$460,856
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

New construction home at The Preserve at Magnolia Park. The Winslow offers 3 bedrooms and 2.5 baths. An open floor plan with large windows that provide plenty of natural light. The kitchen has 42'' Merillat Cabinets, granite counters, center island & walk in pantry. Plenty of room for your dining table in the nook that separates the kitchen from the great room. A separate den, powder room and spacious mud room complete the first floor. Upstairs you will find 3 bedrooms, 2 full baths and the conveniently located laundry. The master suite has a tiled shower, soaker tub and a double vanity. Built with the energy efficient Zip Sheathing System, Smart Home Technology included. *Taxes are estimated*Interior pictures are of a previously built home and may depict options & upgrades not included*
Unit Size
2,019 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$216
Property Type
House
Property Taxes
$668
HOA Dues
$50
Year Built
-

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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 #22033923)

Price History

Date / Event Date Event Price
Nov 21, 2022 Sold
Premium
Sold
Aug 6, 2022 Listed by NORFOLK REALTY LIMITED $436,706
Listed by NORFOLK REALTY LIMITED

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,032
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 48 THE PRESERVE AT MAGNOLIA SITE CONDOMINIUM SPLIT ON 12/31/2019 FROM 000-13-06-101-011-00

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38010
  • Census Tract: 005301

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: MAPS 40-13A
  • District: 17
  • Parcel: 000-13-06-103-048-00
  • Municipality: SUMMIT TWP
  • Latitude: 42.2448
  • Longitude: -84.4801

    Address

  • Full Address: 2961 Sheridan Cir
  • Legal Unit: 48
  • Address - House Number: 2961
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Jackson
  • Carrier Code: R009
  • 4-Digit Zip Code: 7723
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $458,633
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 410,138
  • High Value: 513,287
  • Low Value: 306,989

    Market Valuation

  • Market Total Value: $385,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,800

    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:

$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: Lisa R Taylor, NORFOLK REALTY LIMITED
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22033923
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 2961 Sheridan Cirlce built and last sold?
The property at 2961 Sheridan Cirlce was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2961 Sheridan Cirlce is $0.
What are some comparable homes to 2961 Sheridan Cirlce?
There are currently no comparable homes to 2961 Sheridan Cirlce.
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