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Jackson 49203
3315 W FRANKLIN ST
$155,000
● House - Off Market

3315 W FRANKLIN ST

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,146 Ft²
$283,637
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Amazing wooded setting on .68 of an acre in Summit Township.  4 bedroom 2 full bath home with over 2100 sq. ft. of living space, large kitchen w/ custom cabinets, eat-in area, dining area, living room with fireplace and master bedroom and full bath on main level.  3 bedrooms up with full bath and beautiful views of the backyard.  Huge finished rec room in basement perfect for entertaining. Nice finished breezeway attached to the 2.5 car garage with additional RV stall.  Backyard boasts the most private wooded setting.  Updates include driveway, baths, furnace and more.  You will have to see this one to believe!
Unit Size
2,146 Ft²
Days on Market
49 days
Land Size
0.68 acres
Price per sqft
$75
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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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: 11 months ago (MichRIC MLS #21060249)

Price History

Date / Event Date Event Price
Sep 11, 2019 Sold
Premium
Sold
Aug 2, 2019 Listed by RE/MAX MID-MICHIGAN R.E. $178,000
Listed by RE/MAX MID-MICHIGAN R.E.
Oct 22, 2015 Sold
Premium
Sold
Aug 28, 2015 Listed by RE/MAX MID-MICHIGAN R.E. $159,900
Listed by RE/MAX MID-MICHIGAN R.E.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 952
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,769
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEFFT ACRES
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE E 90 FT OF THE N 175 FT OF LOT 10 BLOCK 1 SUPERVISOR'S PLAT OF TEFFT ACRES

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005301

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS WELL ABAND
  • District: 17
  • Parcel: 555-13-05-176-011-00
  • Block: 1
  • Lot: 10
  • Municipality: SUMMIT TWP
  • Latitude: 42.2434
  • Longitude: -84.4563

    Address

  • Full Address: 3315 W Franklin St
  • Legal Unit: 10
  • Address - House Number: 3315
  • Street Direction: W
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C031
  • 4-Digit Zip Code: 1249
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $219,502
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 263,817
  • High Value: 323,952
  • Low Value: 203,681

    Market Valuation

  • Market Total Value: $236,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2831364
  • Previous Sale Recording Date: Oct 22, 2015
  • Previous Sale Contract Date: Oct 16, 2015
  • Previous Sale Amount: $155,000
  • 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:

$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

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MichRIC

Listed by: AJ Crownover, RE/MAX MID-MICHIGAN R.E.
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 21060249
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 3315 West Franklin Street built and last sold?
The property at 3315 West Franklin Street was built in 1953 and last sold on Sep 6, 2019 for $178,000.
How much is this home worth?
The estimated value of the home located at 3315 West Franklin Street is $0.
What are some comparable homes to 3315 West Franklin Street?
There are currently no comparable homes to 3315 West Franklin Street.
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