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Jackson 49201
8852 College Avenue
$130,000
● House - Off Market

8852 College Avenue

Jackson, MI 49201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,378 Ft²
$717
Est. Monthly

About This Property

Grass Lake Schools location for this 1372sf 2 story home which was built on what was the site of Michigan Union College later to become Adrian College.  Quiet country location for this 4-bedroom home. Features include newer roof shingles, water heater, furnace and replacement windows. 484 sf detached vinyl side building with electricity and cement floor. Walking distance to Bob's Blueberry Farm. Currently property tax exempt VA disability.
Unit Size
1,378 Ft²
Days on Market
72 days
Land Size
0.31 acres
Price per sqft
$106
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1889

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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: 8 months ago (MichRIC MLS #24037534)

Price History

Date / Event Date Event Price
Oct 2, 2024 Sold
Premium
Sold
Aug 29, 2024 In contract -
In contract
Aug 20, 2024 Price Decreased $145,900
↓ $10K (6.4%)
Price Decreased
Jul 22, 2024 Listed by Howard Hanna Real Estate $155,900
Listed by Howard Hanna Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 448
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: BEG AT NW COR OF SEC 1 TH E ALG N SEC LN 33 FT TH S PAR WITH W SEC LN 198 FT TH E PAR WITH N SEC LN 383.625 FT TO POB TH N

Neighborhood

  • School District Name: Grass Lake Community Schools
  • School Tax School District: 38050
  • Census Tract: 006002

Zoning

  • Zoning: RS SUBU

Geography

  • Assessors Map Reference: MAPS
  • District: 07
  • Parcel: 000-14-01-101-003-01
  • Meridian: SEC 01 TWN 03S RNG 01E
  • Municipality: LEONI TWP
  • Latitude: 42.248
  • Longitude: -84.2679

    Address

  • Full Address: 8852 College Ave
  • Address - House Number: 8852
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 9152
  • Zip Code: 49201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $74,702
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4727
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 5
  • Final Value: 123,918
  • High Value: 182,505
  • Low Value: 65,330

    Market Valuation

  • Market Total Value: $95,986

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,993

    Exemptions

  • Homeowner Exemption: Yes
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:

$234,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1875 ft²

Average Home Age

74.7 years

Currently For Sale

417 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: WILLIAM H WHITE, Howard Hanna Real Estate
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 24037534
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 8852 College Avenue built and last sold?
The property at 8852 College Avenue was built in 1889 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8852 College Avenue is $150,392.
What are some comparable homes to 8852 College Avenue?
There are currently no comparable homes to 8852 College Avenue.
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