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Jackson 49201
316 Fourth
$102,000
● House - Off Market

316 Fourth

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,340 Ft²
$698
Est. Monthly
17.40%
Cap Rate

About This Property

Back on the Market give you another chance at this this 3-bedroom, 1.5-bathroom home that will charm your socks off. The new siding adds a fresh, vibrant touch, standing out beautifully against the lush greenery of the expansive double lot yard, the back enclosed by trees for added privacy.  The main floor offers a welcoming & seamless flow, featuring two living spaces, a formal dining room, and a bright, cheerful kitchen. 1 bedroom completes the main floor. Upstairs, you'll find two additional bedrooms, a full bathroom, & a convenient laundry room. The original hardwood floors, w/their charming imperfections, add character and tell the story of a home that has been cherished over the years. Don't miss your chance to create your own new memories in this lovely home.
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$82
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1910

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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 #24038228)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 12, 2024 No longer available -
No longer available
Sep 7, 2024 Price Decreased $109,900
↓ $10K (8.3%)
Price Decreased
Sep 7, 2024 Relisted $119,900
Relisted
Aug 19, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 852
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,710
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASSRS FRANKLIN
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 13 ASSESSOR'S FRANKLIN PLAT

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 3-4
  • District: 50
  • Parcel: 3-029900000
  • Lot: 13
  • Municipality: JACKSON CITY
  • Latitude: 42.2447
  • Longitude: -84.4188

    Address

  • Full Address: 316 4th St
  • Legal Unit: 13
  • Address - House Number: 316
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C025
  • 4-Digit Zip Code: 2022
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $169,554
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 73,995
  • High Value: 82,054
  • Low Value: 65,935

    Market Valuation

  • Market Total Value: $56,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,400

    Sales

  • Current Sale Contract Date: Feb 02, 2016
  • Current Sale Recording Date: Feb 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2730920
  • Previous Sale Recording Date: Aug 04, 2014
  • Previous Sale Contract Date: Jul 31, 2014
  • Previous Sale Amount: $18,000
  • 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

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

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: Cori Baumann, The Brokerage House
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24038228
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 316 4th Street built and last sold?
The property at 316 4th Street was built in 1910 and last sold on Feb 2, 2016 for $20,000.
How much is this home worth?
The estimated value of the home located at 316 4th Street is $113,132.
What are some comparable homes to 316 4th Street?
There are currently no comparable homes to 316 4th Street.
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