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Jackson 49203
3542 Roosevelt Road
$152,000
● House - Off Market

3542 Roosevelt Road

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,098 Ft²
$148,347
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

DON'T WAIT to check out this adorable ranch home in the heart of Summit township!! Only minutes from Falling Waters bike trails, shopping and restaurants, and located in a quiet neighborhood with an extra deep fenced back yard. This home is larger than it looks with 3 bedrooms, large living room and full bath on the main level and an additional full bath in the basement. So much potential to finish the rest of the basement for additional living space. The home has fresh paint throughout as well as new carpet in the living room. The cheery kitchen has plenty of counter space for baking and a wood burning stove for those chilly winter mornings -with a huge space for that large dining table. Hurry and schedule your showing before this one is SOLD!!
Unit Size
1,098 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$132
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1953

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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 #22021861)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by ERA REARDON REALTY, L.L.C. $145,000
Listed by ERA REARDON REALTY, L.L.C.
Jul 11, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 898
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,058
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,058
  • 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 75 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: 445-13-16-402-061-00
  • Lot: 75
  • Municipality: SUMMIT TWP
  • Latitude: 42.2082
  • Longitude: -84.4307

    Address

  • Full Address: 3542 Roosevelt Rd
  • Legal Unit: 75
  • Address - House Number: 3542
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C022
  • 4-Digit Zip Code: 5263
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $176,099
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 141,833
  • High Value: 157,281
  • Low Value: 126,386

    Market Valuation

  • Market Total Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2801008
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
Unit for rent at 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: MICHELLE EPPERLY, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22021861
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 3542 Roosevelt Road built and last sold?
The property at 3542 Roosevelt Road was built in 1953 and last sold on Jun 29, 2018 for $81,000.
How much is this home worth?
The estimated value of the home located at 3542 Roosevelt Road is $0.
What are some comparable homes to 3542 Roosevelt Road?
There are currently no comparable homes to 3542 Roosevelt Road.
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