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Jackson 49201
321 Carr Street
$135,000
● House - Off Market

321 Carr Street

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$765
Est. Monthly
19.15%
Cap Rate

About This Property

Move in ready 3BR Home situated on a large lot w/great backyard, garage and close to Jackson High School & just minutes to downtown is ready for a new owner to make it home. Enter into Living Room that opens to both Dining Room & Updated Kitchen w/appliances included.  Upstairs you will find 3 roomy bedrooms and updated full bath. Walk up attic is fully floored and provides great storage space! Full basement w/laundry (washer & dryer will stay), utilities and more storage space.  New Roof on Home (2022).  Exterior painted & neutral fresh paint throughout the interior of home. Main level hardwood floors recently refinished. Great home for first time buyers or investor looking to add to their portfolio.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$113
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1911

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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: 2 years ago (MichRIC MLS #24050814)

Price History

Date / Event Date Event Price
Nov 8, 2024 Sold
Premium
Sold
Oct 24, 2024 In contract -
In contract
Oct 20, 2024 Price Decreased $129,900
↓ $10K (7.2%)
Price Decreased
Sep 26, 2024 Listed by HOWARD HANNA REAL ESTATE SERVI $139,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Jul 20, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • 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: 576
  • Garage Type: 7
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,977
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 605
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARR & PECKS ADD
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 10 RDS OF LOT 7 EX N 5.5 FT & N 14.95 FT OF W 4 RDS OF E 8 RDS OF LOT 6 BLK 2 CARR & PECK'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MAPS 2-18
  • District: 50
  • Parcel: 2-072500000
  • Block: 2
  • Lot: 6-7
  • Municipality: JACKSON CITY
  • Latitude: 42.2508
  • Longitude: -84.4219

    Address

  • Full Address: 321 Carr St
  • Legal Unit: 7,6
  • Address - House Number: 321
  • Address - Street Name: Carr
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C037
  • 4-Digit Zip Code: 1002
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $120,597
  • 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: 124,988
  • High Value: 156,372
  • Low Value: 93,604

    Market Valuation

  • Market Total Value: $86,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2005
  • Current Sale Recording Date: Jul 20, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2404230
  • Previous Sale Recording Date: Sep 24, 2002
  • Previous Sale Contract Date: Sep 18, 2002
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

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MichRIC

Listed by: HEATHER HERNDON, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24050814
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 321 Carr Street built and last sold?
The property at 321 Carr Street was built in 1911 and last sold on Jun 27, 2005 for $84,900.
How much is this home worth?
The estimated value of the home located at 321 Carr Street is $0.
What are some comparable homes to 321 Carr Street?
There are currently no comparable homes to 321 Carr Street.
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