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Jackson 49203
3539 Roosevelt Road
$158,000
● House - Off Market

3539 Roosevelt Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$1,023
Est. Monthly
11.11%
Cap Rate

About This Property

Enter this cute little 3 BR ranch and see how big it feels! Open living-dining area with big window & lots of natural light. Time-saving kitchen has great layout for cooks & loads of cupboards. Handy main floor laundry rm. right off kitchen overlooks  a backyard you will just love! If you like gardening, this yard is the perfect canvas  to create & it's an ideal spot for kids or adults to play. Partially fenced, the yard is loaded with possibility.  People love this area! It's off the busy roads in a family-friendly subdivision and so close to Jackson's hidden treasures: parks, trails & golf courses plus convenient to town and shopping. All on one level this home is great whether just starting out or scaling down! It's not too late to enjoy your summer here! Call me now, easy to show.
Unit Size
999 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$156
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1955

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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 #24036165)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jul 20, 2024 In contract -
In contract
Jul 15, 2024 Listed by ERA Reardon Realty $155,900
Listed by ERA Reardon Realty
Sep 17, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by ERA Reardon Realty $130,000
Listed by ERA Reardon Realty
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,327
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 660
  • Total Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHARP PARK SUBDIVISION
  • Land Acres: 0000000283
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 91 SHARP PARK SUBDIVISION

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS CITY
  • District: 17
  • Parcel: 445-13-16-403-074-00
  • Lot: 91
  • Municipality: SUMMIT TWP
  • Latitude: 42.2081
  • Longitude: -84.43

    Address

  • Full Address: 3539 Roosevelt Rd
  • Legal Unit: 91
  • Address - House Number: 3539
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C022
  • 4-Digit Zip Code: 5262
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $228,732
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 62
  • Final Value: 184,630
  • High Value: 233,738
  • Low Value: 135,523

    Market Valuation

  • Market Total Value: $140,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,200

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2804187
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Contract Date: Jul 05, 2016
  • Previous Sale Amount: $103,000
  • 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

Unit for rent at 1024 S Brown St, MI, 48203

$950 /mo

  • 1 Bed
  • 1 Bath
1024 S Brown St, MI, 48203 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Vikki Pudil, ERA Reardon Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24036165
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 3539 Roosevelt Road built and last sold?
The property at 3539 Roosevelt Road was built in 1955 and last sold on Sep 14, 2021 for $130,000.
How much is this home worth?
The estimated value of the home located at 3539 Roosevelt Road is $0.
What are some comparable homes to 3539 Roosevelt Road?
There are currently no comparable homes to 3539 Roosevelt Road.
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