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Jackson 49202
738 N State Street
$10,000
● House - Off Market

738 N State Street

Jackson, MI 49202
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,059 Ft²
$26,210
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

2 bedroom, 1 bath home with hardwood floors throughout. Bedrooms are spacious and one has built in's. The home appears to be in fairly decent condition. Great price. Owner occupant offers only thru 1-25-12 thru the FMFL initiative. Freddie Mac Winter Sales promo for owner occupant offers thru 1-31-2012, offers $1,000 selling agent bonus, seller may pay up to 3% concessions and provide a $1,050 2 year home warranty. Contract must close on or before 3/15/2012. Call Linda Powers for more information @ . *Has main floor laundry and 2 car detached garage. NOTE: Property has an accepted offer on it. We are waiting Seller signed documents. We will entertain back up offers only at this time.
Unit Size
1,059 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$11
Property Type
House
Property Taxes
$120
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 #12002581)

Price History

Date / Event Date Event Price
Apr 24, 2012 Sold
Premium
Sold
Jan 10, 2012 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $11,900
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Nov 20, 2007 Sold
Premium
Sold
May 14, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • 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: 468
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 485
  • Total Building Area: 1,059
  • Building Area: 1,059
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,059
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOVEYS SUB
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 25 HOVEY'S SUB DIV OF PART OF BLK 11 MURPHY'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 006900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 8-28
  • District: 50
  • Parcel: 8-177700000
  • Block: 11
  • Lot: 25
  • Municipality: JACKSON CITY
  • Latitude: 42.2587
  • Longitude: -84.3975

    Address

  • Full Address: 738 N State St
  • Legal Unit: 25
  • Address - House Number: 738
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 3467
  • Zip Code: 49202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $143,446
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 99,466
  • High Value: 124,482
  • Low Value: 74,451

    Market Valuation

  • Market Total Value: $68,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000

    Sales

  • Current Sale Contract Date: Nov 05, 2007
  • Current Sale Recording Date: Nov 20, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2493255
  • Previous Sale Recording Date: May 14, 2002
  • Previous Sale Contract Date: May 01, 2002
  • Previous Sale Amount: $66,500
  • 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

Rentals Near You

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MichRIC

Listed by: Linda M Powers, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12002581
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 738 North State Street built and last sold?
The property at 738 North State Street was built in 1930 and last sold on Nov 5, 2007 for $50,000.
How much is this home worth?
The estimated value of the home located at 738 North State Street is $0.
What are some comparable homes to 738 North State Street?
There are currently no comparable homes to 738 North State Street.
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