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Jackson 49201
2963 Valley View Road
$27,500
● House - Off Market

2963 Valley View Road

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
754 Ft²
$30,133
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Three bedroom, 1 bath home in Vandercook Lake Schools. Has 2 car detached garage, porch and is on a corner lot. All offers must be submitted by the buyer's agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer's broker upon consummation of a sale..

Offer link to property:  http://www.spsreo.com/?c=BQJF

The property is under H&B with a current due date of 4/29/2022 11:59:00 PM Mountain Time.
Unit Size
754 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$40
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1942

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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 #22008421)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by LEFERE REALTY $29,900
Listed by LEFERE REALTY
Sep 17, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,127
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 754
  • Building Area: 754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF ROBERT HERNDONS GARDEN CITY ESTATES
  • Land Acres: 0000000485
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT SE COR OF SEC 26 TH N ALG E SEC LN 399.59 FT TH W 493.7 FT TO A PT WH IS PL OF BEG OF THIS DESCN TH W 104.8 FT TH S

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005100

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 000-13-26-451-057-00
  • Lot: 33
  • Meridian: SEC 26 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.1759
  • Longitude: -84.386

    Address

  • Full Address: 2963 Valley View Rd
  • Legal Unit: 33
  • Address - House Number: 2963
  • Address - Street Name: Valley View
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R011
  • 4-Digit Zip Code: 8736
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,367
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 88
  • Final Value: 27,432
  • High Value: 30,443
  • Low Value: 24,421

    Market Valuation

  • Market Total Value: $76,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,100

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2831900
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

Rentals Near You

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MichRIC

Listed by: DOUGLAS J DEMOTT, LEFERE REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22008421
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 2963 Valley View Road built and last sold?
The property at 2963 Valley View Road was built in 1942 and last sold on Sep 11, 2019 for $23,545.
How much is this home worth?
The estimated value of the home located at 2963 Valley View Road is $34,335.
What are some comparable homes to 2963 Valley View Road?
There are currently no comparable homes to 2963 Valley View Road.
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