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Jackson 49201
506 MacDONOUGH ST
$241,192
● House - Off Market

506 MacDONOUGH ST

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,850 Ft²
$332,078
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome to Liberty Village Subdivision, Close to Gillett's Lake. LOW Leoni Twp taxes and Michigan Center schools. No construction loan needed! Call us today for more details. ''The Franklin.'' This classic design has all the features you would expect in a new home. Large open floor plan, First floor laundry and mud room, huge kitchen with island and a first floor home office. Upstairs you will find a large master suite with a full bath and large walk in closet. There are also two other bedrooms & another full bath. Don't forget that every CVE home is warrantied!! Enjoy the peace of mind knowing that your home is covered. **Photos are of a previously built home and may depict upgrades**
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$129
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
-

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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 #21048356)

Price History

Date / Event Date Event Price
Jul 6, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by IMPACT REAL ESTATE, LLC $239,500
Listed by IMPACT REAL ESTATE, LLC
Nov 14, 2019 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 1
  • Property Class: R
  • Subdivision: LIBERTY VILLAGE SITE CONDO PH
  • Land Acres: 0000000260
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 7 LIBERTY VILLAGE SITE CONDO (PHASE 1). SECS 33 AND 34 T2S R1E; SPLIT ON 02/11/2005 FROM 000-09-33-426-001-03;

Neighborhood

  • School District Name: Michigan Center School District
  • School Tax School District: 38120
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Subdivision Phase Number: 1
  • Parcel: 012-09-33-426-007-00
  • Municipality: LEONI TWP
  • Latitude: 42.2545
  • Longitude: -84.3052

    Address

  • Full Address: 506 Mcdonough Rd
  • Legal Unit: 7
  • Address - House Number: 506
  • Address - Street Name: Mcdonough
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 8025
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,650
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 312,112
  • High Value: 366,461
  • Low Value: 257,764

    Market Valuation

  • Market Total Value: $270,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,006

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2853895
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

Rentals Near You

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MichRIC

Listed by: TRACY SNYDER, IMPACT REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21048356
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 506 McDonough Street built and last sold?
The property at 506 McDonough Street was built in and last sold on Jul 2, 2020 for $241,192.
How much is this home worth?
The estimated value of the home located at 506 McDonough Street is $0.
What are some comparable homes to 506 McDonough Street?
There are currently no comparable homes to 506 McDonough Street.
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