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Jackson 49203
306 GRISWOLD
$16,000
● House - Off Market

306 GRISWOLD

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
836 Ft²
$51,121
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

THIS HOME IS PRICED TO SELL!! Home is located in historic Downtown Jackson. Home features, 2 bedrooms, 1 bath and hardwood floors throughout. This home includes appliance package and has a partial fenced in back yard. Call today! this one wont last long.
Unit Size
836 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$39
Property Type
House
Property Taxes
$115,713
HOA Dues
-
Year Built
1920

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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 #21055569)

Price History

Date / Event Date Event Price
Jan 31, 2018 Sold
Premium
Sold
Oct 25, 2017 Listed by EXIT REALTY 1ST LLC $32,400
Listed by EXIT REALTY 1ST LLC
Sep 19, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 632
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 836
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIVISION NO 3 SUMMITVILLE
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 9 BLK 3 DIV 3 AMENDED PLAT OF DIV 1, 2 & 3 OF SUMMITVILLE ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 4-22
  • District: 50
  • Parcel: 4-145700000
  • Block: 3
  • Lot: 9
  • Municipality: JACKSON CITY
  • Latitude: 42.2303
  • Longitude: -84.4141

    Address

  • Full Address: 306 Griswold St
  • Legal Unit: 9
  • Address - House Number: 306
  • Address - Street Name: Griswold
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 4108
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,829
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 80,384
  • High Value: 100,601
  • Low Value: 60,168

    Market Valuation

  • Market Total Value: $46,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,100

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2787651
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Sep 07, 2006
  • Previous Sale Amount: $91,000
  • 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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1485 ft²

Average Home Age

98.3 years

Currently For Sale

119 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 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: KARRIE LEE, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21055569
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 306 Griswold Street built and last sold?
The property at 306 Griswold Street was built in 1920 and last sold on Jan 26, 2018 for $16,000.
How much is this home worth?
The estimated value of the home located at 306 Griswold Street is $0.
What are some comparable homes to 306 Griswold Street?
There are currently no comparable homes to 306 Griswold Street.
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