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Jackson 49203
3217 MATTHEWS
$65,000
● House - Off Market

3217 MATTHEWS

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,060 Ft²
$103,645
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Cute home in East Jackson Schools. This home could be used as either a 2 bedroom or 3. Home has had lots of updates in the past few years including water softener (2015), interior paint, electrical, attic insulation (2015) and roof (2015). Sits on a large fenced in lot. Bring your ideas and make this one your own.
Unit Size
1,060 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$59
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1925

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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 #21057135)

Price History

Date / Event Date Event Price
Apr 3, 2017 Sold
Premium
Sold
Feb 21, 2017 Listed by EXIT REALTY 1ST LLC $62,900
Listed by EXIT REALTY 1ST LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,060
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,153
  • Lot Size Depth Feet: 2,060
  • Lot Size Frontage Feet: 1,707
  • Total Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,060
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAWN FARMS
  • Land Acres: 0000000807
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 52 53 & 54 WOODLAWN FARMS SESC 31 T2S R1E

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-31-327-002-00
  • Lot: 52-54
  • Meridian: SEC 31 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2495
  • Longitude: -84.3617

    Address

  • Full Address: 3217 Matthews St
  • Address - House Number: 3217
  • Address - Street Name: Matthews
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2232
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $83,721
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 144,554
  • High Value: 183,003
  • Low Value: 106,106

    Market Valuation

  • Market Total Value: $114,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,394

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2765654
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: EDWARD J KERLEY, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21057135
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 3217 Matthew Street built and last sold?
The property at 3217 Matthew Street was built in 1925 and last sold on Mar 29, 2017 for $65,000.
How much is this home worth?
The estimated value of the home located at 3217 Matthew Street is $68,847.
What are some comparable homes to 3217 Matthew Street?
There are currently no comparable homes to 3217 Matthew Street.
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