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Michigan Center 49203
4037 Fairview Avenue
$100,000
● House - Off Market

4037 Fairview Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,249 Ft²
$160,545
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Come home to this affordable ranch home in Michigan Center Schools on a half acre of land backing to woods. This home features: 3 bedrooms, 1 bath, basement, newer kitchen & bathroom, updated electrical and furnace.  There is an unfinished attic area that could be finished for additional square footage.  There is also a detached garage with a fenced in back yard.  First floor laundry hook-up.  Includes: stove, refrigerator, dishwasher & disposal.  This home is a must see!
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$80
Property Type
House
Property Taxes
$96
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 #23081574)

Price History

Date / Event Date Event Price
Jun 19, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by NON-MEMBER REALTOR 'LIST' $100,000
Listed by NON-MEMBER REALTOR 'LIST'
Jan 2, 2013 Sold
Premium
Sold
Aug 6, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 755
  • Garage Type: 7
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,249
  • Building Area: 1,249
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,249
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW HEIGHTS
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG IN E&W 1/4 LN OF SEC 5 AT A PT DISTANT 1585.85 FT E OF W 1/4 POST TH S88?35'E ALG SD 1/4 LN 100 FT TH N1?25'E 225 FT TH

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006101

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-05-156-004-00
  • Lot: 16
  • Meridian: SEC 05 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2409
  • Longitude: -84.3407

    Address

  • Full Address: 4037 Fairview Ave
  • Legal Unit: 16
  • Address - House Number: 4037
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C012
  • 4-Digit Zip Code: 2409
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $77,532
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 179,468
  • High Value: 222,847
  • Low Value: 136,089

    Market Valuation

  • Market Total Value: $135,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,683

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2012
  • Current Sale Recording Date: Jan 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2639759
  • Previous Sale Recording Date: Aug 06, 2012
  • Previous Sale Contract Date: Jul 27, 2012
  • Previous Sale Amount: $33,500
  • 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

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MichRIC

Listed by: Shelley Scott, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23081574
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 4037 Fairview Avenue built and last sold?
The property at 4037 Fairview Avenue was built in 1950 and last sold on Dec 27, 2012 for $89,000.
How much is this home worth?
The estimated value of the home located at 4037 Fairview Avenue is $0.
What are some comparable homes to 4037 Fairview Avenue?
There are currently no comparable homes to 4037 Fairview Avenue.
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