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Jackson 49203
3022 Francis Street
$110,000
● House - Off Market

3022 Francis Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,684 Ft²
$124,701
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Charming 3 bedroom 1 full bath home located in Summit Township.  This home has some amazing opportunities.  This home sits on .63 acres with a front porch, huge garage/pole barn that has a half bath and electricity. The pole barn has enough space to add another bay if needed and was used as a lawn mower business.  An additional living room could be turned in to a fourth bedroom that is on the main floor.  Home is close to shopping, restaurants, and highways.
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$71
Property Type
House
Property Taxes
$212
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 #22032816)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Aug 1, 2022 Listed by Home 1st Real Estate $119,900
Listed by Home 1st Real Estate
May 13, 2022 No longer available -
No longer available
Apr 24, 2022 In contract -
In contract
Nov 17, 2021 Listed by GOOD EARTH REAL ESTATE, LLC $115,000
Listed by GOOD EARTH REAL ESTATE, LLC
The manager has listed the unit size as 1684 square feet.
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 842
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG IN W LN OF FRANCIS ST AT A PT 552 FT S OF N LN OF SEC 14 TH W 314 FT TH S 108 FT TH E 314 FT TO W LN OF FRANCIS ST TH N

Neighborhood

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

Zoning

  • Zoning: C-2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 000-13-14-101-063-01
  • Meridian: SEC 14 TWN 03S RNG 01W
  • Municipality: SUMMIT TWP
  • Latitude: 42.2166
  • Longitude: -84.3994

    Address

  • Full Address: 3022 Francis St
  • Address - House Number: 3022
  • Address - Street Name: Francis
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C047
  • 4-Digit Zip Code: 5045
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $138,765
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 117,774
  • High Value: 130,602
  • Low Value: 104,947

    Market Valuation

  • Market Total Value: $118,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2016
  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2735549
  • Previous Sale Recording Date: Aug 27, 2015
  • Previous Sale Contract Date: Aug 19, 2015
  • Previous Sale Amount: $65,886
  • Previous Sale Document Type: 64
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

1881 ft²

Average Home Age

74.7 years

Currently For Sale

416 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: Josh Watson, Home 1st Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22032816
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 3022 Francis Street built and last sold?
The property at 3022 Francis Street was built in 1928 and last sold on Mar 29, 2016 for $25,000.
How much is this home worth?
The estimated value of the home located at 3022 Francis Street is $0.
What are some comparable homes to 3022 Francis Street?
There are currently no comparable homes to 3022 Francis Street.
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