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1240 Greenwood Ave

Jackson, MI 49203

4 bd 1 ba 1,409 sqft Built 1936 Lot 5,663 sqft single_family
Most recent sale
$85,000
Dec 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2025 Sold $132,700 SEBorderAOR
Feb 26, 2025 Listed $134,500 SEBorderAOR
Jun 28, 2024 Sold $107,500 MichRic
Apr 11, 2024 Listed $98,000 MichRic
Dec 12, 2022 Sold $85,000 MichRic
Aug 17, 2020 Sold $69,000 Public Record
Aug 11, 2020 Listing removed Jackson
Aug 10, 2020 Sold $69,000 MichRic
May 21, 2020 Listed $69,000 Jackson

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $33,400 $1,655
2021 $28,800 $1,512
2020 $26,600 $1,413
2019 $25,000 $1,375
2018 $24,550 $1,632
2017 $23,450 $1,203
2016 $21,300 $842
2015 $19,100 $819
2014 $18,800 $799
2013 $17,950 $768
2012 $18,600 $798
2011 $21,900 $916
2009 $27,950 $1,146
2008 $30,750 $912
2007 $35,100 $894

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,409 sqft
Lot size
5,663 sqft
ZIP code
49203
City
Jackson
Street
Greenwood Ave
Coordinates
42.23313, -84.41646

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1240 Greenwood Ave last sell?
1240 Greenwood Ave most recently sold on Dec 12, 2022 for $85,000.
What is the current tax assessment for 1240 Greenwood Ave?
The most recent total assessment for 1240 Greenwood Ave (year 2022) is $33,400 with $1,655 in property tax.
How does 1240 Greenwood Ave's assessment compare to its last sale price?
The current assessment is 60.7% below the last sale price of $85,000.
When was 1240 Greenwood Ave built?
1240 Greenwood Ave was built in 1936.
How does 1240 Greenwood Ave compare to others on Greenwood Ave?
We track 8 other properties on Greenwood Ave. Browse the list under "Other properties on Greenwood Ave" to compare beds, baths, and sale history.
What are the property facts for 1240 Greenwood Ave?
1240 Greenwood Ave is a 4 bed, 1 bath, 1,409 sqft, 5,663 sqft lot single_family.
Is 1240 Greenwood Ave a flip candidate?
Yes — 1240 Greenwood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1240 Greenwood Ave a tax-appeal candidate?
No — 1240 Greenwood Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+11.0%
2026 Q3
$223.1K
2026 Q4
$228.3K
ZIP 49203 — Median Price History + Forecast

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