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Jackson 49203
500 Sulgrave Avenue
$145,000
● House - Off Market

500 Sulgrave Avenue

Jackson, MI 49203
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
899 Ft²
$929
Est. Monthly
7.03%
Cap Rate

About This Property

This delightful ranch tucked away on a quiet street just north of Ella Sharp Park is ready for your finishing touches! Original features like coved ceiling and arched doorway add to the charm of a light filled living room with picture window. 2 nice sized bedrooms, 1 with hardwood floor, and spacious dining room with casement opening to a lovely kitchen with sliding door to the deck and treed backyard finish out the living spaces. Additional features include attached 1 car garage with enclosed, heated breezeway and laundry area providing covered access from garage to home.  A full basement affords plenty of room for storage and space for entertainment and working out as well as a half bathroom with plenty of space to convert to a full bath if you wish. Call today for your private viewing!
Unit Size
899 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$172
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1941

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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: 2 years ago (MichRIC MLS #24008064)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold
Premium
Sold
Feb 16, 2024 Listed by Real Broker LLC $154,800
Listed by Real Broker LLC
Sep 19, 2014 Sold
Premium
Sold
Jul 28, 2014 Listed by Real Broker LLC $83,000
Listed by Real Broker LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 899
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 660
  • Total Building Area: 899
  • Building Area: 899
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 899
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALGERVILLE SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 11 ALGERVILLE SUB DIV

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-50
  • District: 50
  • Parcel: 3-324300000
  • Lot: 11
  • Municipality: JACKSON CITY
  • Latitude: 42.2217
  • Longitude: -84.4159

    Address

  • Full Address: 500 Sulgrave Ave
  • Legal Unit: 11
  • Address - House Number: 500
  • Address - Street Name: Sulgrave
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 4529
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $167,035
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 149,073
  • High Value: 185,015
  • Low Value: 113,132

    Market Valuation

  • Market Total Value: $107,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2014
  • Current Sale Recording Date: Sep 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2692570
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:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 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: David Mueller, Real Broker LLC
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24008064
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 500 Sulgrave Avenue built and last sold?
The property at 500 Sulgrave Avenue was built in 1941 and last sold on Sep 11, 2014 for $78,000.
How much is this home worth?
The estimated value of the home located at 500 Sulgrave Avenue is $0.
What are some comparable homes to 500 Sulgrave Avenue?
There are currently no comparable homes to 500 Sulgrave Avenue.
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