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Jackson 49203
318 WATTS ST
$59,900
● House - Off Market

318 WATTS ST

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$100,579
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Pack your bags and move right in to this adorable ranch home. Everything is done for you with no work required. It is freshly painted with a newer bathroom, carpet, windows, siding, furnace etc.  Laundry is  on the main level, and home comes with the complete appliance package. It is situated in a quiet neighborhood in Blackman township and East Jackson school district. Call right away to see this gem-it won't last long at this price!!
Unit Size
672 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$89
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
-

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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 #21057356)

Price History

Date / Event Date Event Price
Jan 12, 2017 Sold
Premium
Sold
Nov 1, 2016 Listed by ERA REARDON REALTY, L.L.C. $59,900
Listed by ERA REARDON REALTY, L.L.C.
Apr 29, 1997 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 560
  • Garage Type: 7
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAMES T GANSONS SUBDIVISION
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 8 BLOCK 6 JAMES T. GANSON'S SUBDIVISION

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 005900

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MAPS
  • District: 01
  • Parcel: 000-08-36-411-020-00
  • Block: 6
  • Lot: 8
  • Municipality: BLACKMAN TWP
  • Latitude: 42.2506
  • Longitude: -84.3713

    Address

  • Full Address: 318 Watts St
  • Legal Unit: 8
  • Address - House Number: 318
  • Address - Street Name: Watts
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2145
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $53,407
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 86,879
  • High Value: 108,729
  • Low Value: 65,029

    Market Valuation

  • Market Total Value: $62,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 1997
  • Current Sale Recording Date: Apr 29, 1997
  • Current Sale Price:
    Premium
  • Current 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:

$233,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1889 ft²

Average Home Age

74.5 years

Currently For Sale

414 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

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MichRIC

Listed by: MICHELLE EPPERLY, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21057356
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 318 Watts Street built and last sold?
The property at 318 Watts Street was built in and last sold on Apr 29, 1997 for $23,000.
How much is this home worth?
The estimated value of the home located at 318 Watts Street is $0.
What are some comparable homes to 318 Watts Street?
There are currently no comparable homes to 318 Watts Street.
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