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Jackson 49202
616 Adams Street
$53,000
● House - Off Market

616 Adams Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
810 Ft²
$88,633
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

This home has a newly updated kitchen, stainless steel appliances, open concept living, screened in porch, 2 car garage and large back yard.  It is close to I-94, restaurants, shopping, and so much more for easy access.  Pride of ownership throughout, this home is a must see!  Sellers are Motived!
Unit Size
810 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$65
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1920

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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 #23116850)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Dec 2, 2023 Listed by Five Star Real Estate-Jackson $105,900
Listed by Five Star Real Estate-Jackson
This adorable home is ready for you to make it home! It features 2 bedrooms, 1 1/2 baths, large kitchen, fresh paint throughout, fully fenced in back yard, 2 car garage, shed, new furnace with transferable warranty and water heater!
Sep 13, 2016 Sold
Premium
Sold
Jul 11, 2016 Listed by Howard Hanna $52,500
Listed by Howard Hanna
Aug 8, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLK C MARVINS ADD
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 50 FT OF LOTS 9 & 11 BLK C MARVIN'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000100

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 2-44
  • District: 50
  • Parcel: 2-205800000
  • Block: C
  • Lot: 9,11
  • Municipality: JACKSON CITY
  • Latitude: 42.2627
  • Longitude: -84.4198

    Address

  • Full Address: 616 Adams St
  • Address - House Number: 616
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2104
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $92,416
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2726
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 109,546
  • High Value: 139,419
  • Low Value: 79,673

    Open Liens

  • First Open Lien Mortgage Lender:
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  • First Open Lien Mortgage Recording Date:
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  • First Open Lien Mortgage Loan Amount:
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  • First Open Lien Mortgage Term:
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    Market Valuation

  • Market Total Value: $79,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 07, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2749430
  • Previous Sale Recording Date: Aug 08, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $77,000
  • 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 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: Jessica N Villarreal, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23116850
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 616 Adams Street built and last sold?
The property at 616 Adams Street was built in 1920 and last sold on Sep 7, 2016 for $53,000.
How much is this home worth?
The estimated value of the home located at 616 Adams Street is $101,606.
What are some comparable homes to 616 Adams Street?
There are currently no comparable homes to 616 Adams Street.
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