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Jackson 49203
939 Russell Street
$152,500
● House - Off Market

939 Russell Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$151,739
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Open concept, 3 bedroom, 2 full bath conveniently located on the outskirts of town. Home features a dedicated master with its own ensuite; main floor laundry; updated kitchen with brand new appliance and new flooring throughout. Enjoy the spacious fenced in back yard and full 2.5 car garage. This one won't last long!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$99
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
2003

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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 #22021014)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
May 30, 2022 Listed by BNR Real Estate Group $150,000
Listed by BNR Real Estate Group

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,512
  • Garage Type: 7
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUSSELLS ADD
  • Land Acres: 0000000400
  • Standard Land Use Code: 1016
  • County Land Use Code: 401
  • Legal Description 1: 1508, 1509 LOTS 14 & 16 RUSSELL'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 001200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 6-23
  • District: 50
  • Parcel: 6-1508.1000
  • Lot: 14,16
  • Municipality: JACKSON CITY
  • Latitude: 42.2429
  • Longitude: -84.3779

    Address

  • Full Address: 939 Russell St
  • Address - House Number: 939
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2052
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,749
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 64
  • Final Value: 117,941
  • High Value: 147,556
  • Low Value: 88,327

    Market Valuation

  • Market Total Value: $87,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,900

    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:

$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: Jordon Jarrett, BNR Real Estate Group
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22021014
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 939 Russell Street built and last sold?
The property at 939 Russell Street was built in 2003 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 939 Russell Street is $152,594.
What are some comparable homes to 939 Russell Street?
There are currently no comparable homes to 939 Russell Street.
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