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Jackson 49203
724 JASPER
$40,000
● House - Off Market

724 JASPER

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,257 Ft²
$70,843
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Cute home on City South side. Home feature open porch, 2 car detached garage, 3 bedrooms dining room,large living room. Home has several built in cabinets with natural woodwork thru-out. Home selling in its as -is condition. Proof of funds to be submitted with offers.
Unit Size
1,257 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$36
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1930

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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 #21074351)

Price History

Date / Event Date Event Price
Oct 19, 2022 Sold
Premium
Sold
Sep 15, 2022 Listed by The Charles Reinhart Company $149,000
Listed by The Charles Reinhart Company
A Must-See Home. Located in Downtown Jackson right by Parkside schools and within walking distance to biking/jogging trails. Sitting on just over .5 an acre on a quiet dead end street, this is a great city home. New HVAC throughout, New Water Heater, Siding, and the Roof is only 5 yrs old! Spacious Updated Bath with a tiled shower. The Kitchen is also updated with new cupboards and counter tops. This home has 3 Bedrooms and 1 bath, you will absolutely love the practical design of this floor plan with so much to offer, Just come see it and you won't be disappointed!
Mar 4, 2019 Sold
Premium
Sold
Jan 19, 2019 No longer available -
No longer available
Nov 30, 2018 Price Decreased $129,900
↓ $5K (3.7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • 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: 576
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,263
  • Building Area: 1,263
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,263
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAT OF SUMMITVILLE
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: E 46.5 FT OF LOT 9 & W 5.5 FT OF LOT 8 BLK 5 DIV 12 PLAT OF SUMMITVILLE

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 3-319200000
  • Block: 5
  • Lot: 8-9
  • Municipality: JACKSON CITY
  • Latitude: 42.2229
  • Longitude: -84.4199

    Address

  • Full Address: 724 Jasper St
  • Legal Unit: 9,8
  • Address - House Number: 724
  • Address - Street Name: Jasper
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 3913
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $270,289
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 88
  • Final Value: 148,740
  • High Value: 165,406
  • Low Value: 132,075

    Market Valuation

  • Market Total Value: $115,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2816101
  • Previous Sale Recording Date: Jan 22, 2018
  • Previous Sale Contract Date: Jan 16, 2018
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 27
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

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MichRIC

Listed by: TIMOTHY L JACOBS, Next Step Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21074351
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 724 Jasper Street built and last sold?
The property at 724 Jasper Street was built in 1930 and last sold on Mar 1, 2019 for $123,000.
How much is this home worth?
The estimated value of the home located at 724 Jasper Street is $0.
What are some comparable homes to 724 Jasper Street?
There are currently no comparable homes to 724 Jasper Street.
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