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Jackson 49203
720 Glenwood Avenue
$74,000
● House - Off Market

720 Glenwood Avenue

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,283 Ft²
$87,591
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Showings have resumed...This home has just had a price reduction and is just waiting for the right buyer to bring out its full potential! You can move right in and with a little bit of TLC, this house could be transformed into your home sweet home. Don't miss out on this very affordable opportunity and make your mark! Located near Cascade & Ella Sharp Parks, formal dining room, main level bedroom/office & convenient access to the kitchen through the mudroom/laundry room from the detached garage. Recent updates include paint, flooring, wood kitchen counters & some new windows. Full basement, there is a deck off the backdoor, the backyard is fenced in & the concrete patio behind the garage could make a great outdoor space.
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$66
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1930

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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 #22044675)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Oct 19, 2022 Listed by RE/MAX Platinum - Ann Arbor $85,000
Listed by RE/MAX Platinum - Ann Arbor
May 10, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 572
  • 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: 5,793
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACKSON MOUND ADD
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 44 FT OF LOT 8 BLK 3 JACKSON MOUND ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-24
  • District: 50
  • Parcel: 3-159400000
  • Block: 3
  • Lot: 8
  • Municipality: JACKSON CITY
  • Latitude: 42.2376
  • Longitude: -84.4199

    Address

  • Full Address: 720 Glenwood Ave
  • Legal Unit: 8
  • Address - House Number: 720
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 2939
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $121,907
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 97,630
  • High Value: 108,264
  • Low Value: 86,997

    Market Valuation

  • Market Total Value: $83,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2004
  • Current Sale Recording Date: May 10, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2350723

    Financing

  • First Mortgage Financing Type: FIX
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

Rentals Near You

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MichRIC

Listed by: Yvonne Hoyt, RE/MAX Platinum - Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22044675
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 720 Glenwood Avenue built and last sold?
The property at 720 Glenwood Avenue was built in 1930 and last sold on May 5, 2004 for $79,900.
How much is this home worth?
The estimated value of the home located at 720 Glenwood Avenue is $0.
What are some comparable homes to 720 Glenwood Avenue?
There are currently no comparable homes to 720 Glenwood Avenue.
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