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Jackson 49203
312 DOUGLAS
$42,500
● House - Off Market

312 DOUGLAS

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,126 Ft²
$55,956
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

2 Bedroom, 1 Bath home.  Features spacious living room, formal dining room, breakfast nook, full basement and carport.  New hot water heater, fenced yard with vacant lots adjacent to two sides of property.  Currently used as a city certified rental.
Unit Size
1,126 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$40
Property Type
House
Property Taxes
$114
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 #21046600)

Price History

Date / Event Date Event Price
Apr 8, 2021 Sold
Premium
Sold
Dec 29, 2020 Listed by RE/MAX MID-MICHIGAN R.E. $45,000
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 712
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,126
  • Building Area: 1,126
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMITVILLE ADD
  • Land Acres: 0000000076
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 50 FT OF S 1/2 OF LOT 7 BLK 3 DIV 2 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: 4-140400000
  • Block: 3
  • Lot: 7
  • Municipality: JACKSON CITY
  • Latitude: 42.2312
  • Longitude: -84.4145

    Address

  • Full Address: 312 Douglas St
  • Legal Unit: 7
  • Address - House Number: 312
  • Address - Street Name: Douglas
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 4128
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,973
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 93,349
  • High Value: 116,789
  • Low Value: 69,910

    Market Valuation

  • Market Total Value: $49,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2879703
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: SHARON A. NORTON, RE/MAX MID-MICHIGAN R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21046600
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 312 Douglas Court built and last sold?
The property at 312 Douglas Court was built in 1920 and last sold on Mar 31, 2021 for $42,500.
How much is this home worth?
The estimated value of the home located at 312 Douglas Court is $50,332.
What are some comparable homes to 312 Douglas Court?
There are currently no comparable homes to 312 Douglas Court.
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