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Jackson 49203
353 Prairie
$65,000
● House - Off Market

353 Prairie

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,172 Ft²
$172,427
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Open Floor Plan Ranch With Hardwood Floors Throughout. The Living Room Features A Stone Wood-burning Fireplace With Large Windows. The Spacious Kitchen Has Plenty Of Counter And Cupboard Space. Three Bedrooms And Full Bath On The Main Level. The Walkout Lower Level Features A Finished Family Room Setup For A Wood Burning Stove. 4th Bedroom In Lower Level, 2nd Full Bath In The Lower Level Needs To Be Renovated, And Tons Of Storage. The Backyard Backs Up To Woods For Privacy. 2 Car Detached Garage, Basketball Hoop. All This On A Qui, Rec Room: Finished
Unit Size
2,172 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$37
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1950

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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 #23074891)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 11, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by Beiswanger and Risner RE Group $229,900
Listed by Beiswanger and Risner RE Group
The manager has listed the unit size as 2647 square feet.
Jun 24, 2021 Listed by Thinking Real Estate $229,900
Listed by Thinking Real Estate
Nov 1, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,447
  • Garage Type: 7
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 1,447
  • Building Area: 1,447
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,447
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAND SUBDIVISION
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 350, 351 AND 352 SOUTHLANDS

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005000

Zoning

  • Zoning: RU1

Geography

  • Assessors Map Reference: MAPS LABEL CITY
  • District: 17
  • Parcel: 485-13-10-485-248-00
  • Lot: 350-351
  • Municipality: SUMMIT TWP
  • Latitude: 42.2186
  • Longitude: -84.4077

    Address

  • Full Address: 353 Prairie St
  • Address - House Number: 353
  • Address - Street Name: Prairie
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C030
  • 4-Digit Zip Code: 4562
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277,686
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 276,469
  • High Value: 329,916
  • Low Value: 223,022

    Market Valuation

  • Market Total Value: $241,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2891355
  • Previous Sale Recording Date: Nov 01, 2012
  • Previous Sale Contract Date: Oct 26, 2012
  • Previous Sale Amount: $65,000
  • 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

Rentals Near You

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MichRIC

Listed by: Laura D Schlecte, Thinking Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23074891
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 353 Prairie Street built and last sold?
The property at 353 Prairie Street was built in 1950 and last sold on Aug 6, 2021 for $235,000.
How much is this home worth?
The estimated value of the home located at 353 Prairie Street is $233,344.
What are some comparable homes to 353 Prairie Street?
There are currently no comparable homes to 353 Prairie Street.
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