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Jackson 49202
706 EDGEWOOD
$38,000
● House - Off Market

706 EDGEWOOD

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,560 Ft²
$72,879
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Great 1.25 story bungalow in northeast Jackson city area ready for your cosmetic touches.  Beautiful natural woodwork with built-ins are sure to please.  Enjoy hardwood floors and nice enclosed front porch.  All rooms are good sized.  Open and expansive 2nd level is perfect for an easy-fix 3rd bedroom.  Home has a newer furnace and some newer windows.  Home is solid and well-priced for a quick sale.. be sure to see it today.  With cosmetic touches you will have a lovely home!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$25
Property Type
House
Property Taxes
$88
HOA Dues
-
Year Built
1940

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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 #21062475)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Premium
Sold
Feb 1, 2024 Listed by RE/MAX MID-MICHIGAN R.E. $125,000
Listed by RE/MAX MID-MICHIGAN R.E.
2 bedroom home with walk up attic that could be finished for additional living space. New laminate floor and freshly painted interior. Full basement. Enclosed front porch. Convenient North East location.
Feb 10, 2021 Sold
Premium
Sold
Jan 5, 2015 Sold
Premium
Sold
Oct 9, 2014 Listed by ERA REARDON REALTY, L.L.C. $39,000
Listed by ERA REARDON REALTY, L.L.C.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,445
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 414
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENNEDYS ADD
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 41.39 FT OF LOT 3 BLK 2 KENNEDY'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-27
  • District: 50
  • Parcel: 8-132100000
  • Block: 2
  • Lot: 3
  • Municipality: JACKSON CITY
  • Latitude: 42.2569
  • Longitude: -84.3895

    Address

  • Full Address: 706 Edgewood St
  • Legal Unit: 3
  • Address - House Number: 706
  • Address - Street Name: Edgewood
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 3404
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $167,463
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 109,286
  • High Value: 136,212
  • Low Value: 82,360

    Market Valuation

  • Market Total Value: $74,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2872595
  • Previous Sale Recording Date: Jan 05, 2015
  • Previous Sale Contract Date: Dec 30, 2014
  • Previous Sale Amount: $38,000
  • 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 1511 S Martin Luther King Jr Drive, Jackson, MI, 49203

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,134 ft²
1511 S Martin Luther King Jr Drive, Jackson, MI, 49203 Listing by Stephanie Bosanac-Mortimer

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: SUSAN T FIRTH, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21062475
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 706 Edgewood Street built and last sold?
The property at 706 Edgewood Street was built in 1940 and last sold on Feb 4, 2021 for $64,500.
How much is this home worth?
The estimated value of the home located at 706 Edgewood Street is $0.
What are some comparable homes to 706 Edgewood Street?
There are currently no comparable homes to 706 Edgewood Street.
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