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Jackson 49201
315 7th Street
$175,000
● House - Off Market

315 7th Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$970
Est. Monthly
9.89%
Cap Rate

About This Property

Amazing home! Check out some of the nice features and updates that this home offers: updated kitchen includes things like stainless steel appliances, butcher block counters, 2 windows so great lighting and updated cabinets with glass accent doors! Bathroom has been updated to include a stand up shower PLUS a bathtub! Laundry is on 2nd floor so extra convenient. Wood floors throughout. Also, check out the recessed lighting. Most windows have been updated to vinyl as well as most walls have been updated to drywall opposed to plaster. Plumbing and electrical also updated. Outside, there is a DOUBLE driveway for extra parking, extra lighting in garage with lots of plugs if you need a work area in garage. Yard is almost completely fenced!. Convenient location. Schedule your tour today
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$142
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1907

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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 #24004389)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Jan 23, 2024 Listed by Key Realty One LLC $174,900
Listed by Key Realty One LLC
Feb 24, 2012 Sold
Premium
Sold
Aug 17, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • 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: 616
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIVERMORES ADD
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 60 FT OF LOT 13 LIVERMORE'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 3-5
  • District: 50
  • Parcel: 3-033100000
  • Lot: 13
  • Municipality: JACKSON CITY
  • Latitude: 42.2448
  • Longitude: -84.422

    Address

  • Full Address: 315 7th St
  • Legal Unit: 13
  • Address - House Number: 315
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C025
  • 4-Digit Zip Code: 2003
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,517
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2504
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 133,029
  • High Value: 166,347
  • Low Value: 99,711

    Market Valuation

  • Market Total Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2012
  • Current Sale Recording Date: Feb 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2611472
  • Previous Sale Recording Date: Aug 17, 2006
  • Previous Sale Contract Date: Jul 24, 2006
  • Previous Sale Amount: $68,500
  • 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

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Julie K Childers, Key Realty One LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24004389
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 315 7th Street built and last sold?
The property at 315 7th Street was built in 1907 and last sold on Jan 11, 2012 for $16,005.
How much is this home worth?
The estimated value of the home located at 315 7th Street is $174,880.
What are some comparable homes to 315 7th Street?
There are currently no comparable homes to 315 7th Street.
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