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Michigan Center 49201
3920 MEMORY LANE
$176,000
● House - Off Market

3920 MEMORY LANE

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,565 Ft²
$255,820
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Finally a home has come on the market that is perfect for your family! This lovely home was completely updated in 2011 and is move-in ready. Your new kitchen is perfect for the chef in the family and with the open floor plan entertaining is a snap with large living room and your family room just steps away. With 3 bedrooms, 2 and ½ baths, 2 living spaces, huge deck and pole barn you have all the room you need for your growing family. Close to public lakes, shopping, dining and easy access to highways for easy commute. Christmas 2019 is the beginning of the great memories you are going to have in your new home. Call your Realtor today for your private tour.
Unit Size
1,565 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$112
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1969

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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 #21049909)

Price History

Date / Event Date Event Price
Jan 8, 2020 Sold
Premium
Sold
Nov 8, 2019 Listed by RE/MAX IRISH HILLS REALTY $174,900
Listed by RE/MAX IRISH HILLS REALTY
Apr 27, 2011 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,591
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,565
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BACKUS SUBDIVISION
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 83 BACKUS SUBDIVISION NO. 5 BEING PART OF NE 1/4 OF SEC 17 AND RESUBDIVISION OF LOTS 456 & PART OF LOT 7 BACKUS

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006102

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-17-281-006-00
  • Lot: 83,456
  • Meridian: SEC 17 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.212
  • Longitude: -84.3269

    Address

  • Full Address: 3920 Memory Ln
  • Address - House Number: 3920
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Jackson
  • Carrier Code: R019
  • 4-Digit Zip Code: 8428
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $123,895
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 239,127
  • High Value: 293,180
  • Low Value: 185,074

    Market Valuation

  • Market Total Value: $176,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,146

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Jan 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2839955
  • Previous Sale Recording Date: Apr 27, 2011
  • Previous Sale Contract Date: Apr 25, 2011
  • Previous Sale Amount: $40,000
  • 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 Michigan Center

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1550 ft²

Average Home Age

94.6 years

Currently For Sale

11 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: SUZIE CREECH, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21049909
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 3920 Memory Lane built and last sold?
The property at 3920 Memory Lane was built in 1969 and last sold on Dec 27, 2019 for $176,000.
How much is this home worth?
The estimated value of the home located at 3920 Memory Lane is $0.
What are some comparable homes to 3920 Memory Lane?
There are currently no comparable homes to 3920 Memory Lane.
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