5 months on rocket

521 Steward Ave, Jackson, MI, 49201

$89,000

Home List Price

$1,057*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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521 Steward Ave, Jackson$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1935
HeatingNatural Gas, Forced Air
BasementYes
MLS #55023141225
Lot Size0.15 Acres
StatusActive

About 521 Steward Ave

PRIME OPPORTUNITY FOR INVESTORS & HOME BUYERS! Brand new furnace 2024. This dynamic rental concept offers a rooming house comprised of 11 rent-ready rooms & 3 bathrooms. Property backs up to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. Create cash flow & build your rental portfolio. Great parking. The seller has good success w/ this concept. Tenants pay weekly. The owner manages the property & covers utilities. Vinyl siding & interior updates. This could be a great setup for a home owner to create income by renting out rooms to over your mortgage. Other possibilities could include in-law/multi-generational housing, at-home caregiver, multi-unit & more! Showings Monday - Friday 9:00-3:30.

Property Details

Property Features

Property Information:

  • Year Built: 1935

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Between Ganson & Trail

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000

Tax Information:

  • Annual Amount: $805
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jackson, MI.

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Jackson, MI

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$130

Avg. Days On Market

51

# of Sold Homes

88

521 Steward Ave vs Jackson

176 DAYS ON ROCKET

+125 Days

$89,000

-$85.9K Less

KEY TAKEAWAY

This property is $85.9K less than the Median Sold Price in Jackson, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS®
  • MLS Number: #55023141225

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$805$18,550
2020$747$16,900
2019$684$13,250
2018$672$14,000
2017$672$13,400

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4608295
4
/10

  • Hunt Elementary School

  • 1143 N Brown St

  • 1.01 miles

  • Public Magnet Grades PK-5

school-card-donut-4608296
2
/10

  • Frost Elementary School

  • 1226 S Wisner St

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-4608297
3
/10

  • Northeast Elementary School

  • 1024 Fleming Ave

  • 1.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,768. Most Jackson, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Jackson County›Jackson›49201›521 Steward Ave

This home is located at 521 Steward Ave in Jackson, MI and zip code 49201. This home, which was built in 1935, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $89,000.

In April 2024, from all listings sold in Jackson, MI there were more than 37 sold above asking price, over 39 sold below and more than 12 were sold right at the asked price. The number of listings in Jackson, MI increased by 4.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $174,971, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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