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Jackson 49201
5559 Dogwood Drive
$120,000
● House - Off Market

5559 Dogwood Drive

Jackson, MI 49201
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,931 Ft²
$118,320
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

GREAT OPPORTUNITY in a well desired East Jackson neighborhood. This home appears to have a great structure but is in need of updates thru out. Listing price reflects the current condition and the items that need to be updated. Priced for a quick sale. This is a bi-level home that is partially finished in the lower level with an addition for extra living or storage space. Oversized 2 plus car detached garage surrounded by a fenced in back yard. Large yard for playing or entertaining. Located on the East side of Jackson in close proximity of Exit 145 on I-94. This location would be great for commuters. Property situated near local schools, shopping, walking/bike trail, public lake and churches. Don't miss out on this opportunity.  

*** Accepted offer subject to short sale approval.***
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$60
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #21108820)

Price History

Date / Event Date Event Price
Mar 23, 2022 Sold
Premium
Sold
Sep 30, 2021 Listed by EXIT REALTY 1ST LLC $114,900
Listed by EXIT REALTY 1ST LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,759
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,665
  • Building Area: 1,665
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,665
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOME ESTATES
  • Land Acres: 0000000247
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 239 HOME ESTATES NO. 5 SEC 28 T2S R1E

Neighborhood

  • School District Name: East Jackson Community Schools
  • School Tax School District: 38090
  • Census Tract: 006001

Zoning

  • Zoning: R-1 ONE

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-09-28-128-011-00
  • Lot: 239
  • Meridian: SEC 28 TWN 02S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.2742
  • Longitude: -84.3197

    Address

  • Full Address: 5559 Dogwood St
  • Legal Unit: 239
  • Address - House Number: 5559
  • Address - Street Name: Dogwood
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: R010
  • 4-Digit Zip Code: 8814
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $185,114
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 111,741
  • High Value: 123,911
  • Low Value: 99,570

    Market Valuation

  • Market Total Value: $155,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,819

    Exemptions

  • Homeowner Exemption: Yes
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

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MichRIC

Listed by: EDWARD J KERLEY, EXIT REALTY 1ST LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21108820
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 5559 Dogwood Drive built and last sold?
The property at 5559 Dogwood Drive was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5559 Dogwood Drive is $123,807.
What are some comparable homes to 5559 Dogwood Drive?
There are currently no comparable homes to 5559 Dogwood Drive.
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