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1505 Locust St

Jackson, MI 49203

3 bd 1 ba 1,014 sqft Built 1910 Lot 8,712 sqft single_family
Most recent sale
$61,900
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $61,900 Public Record
Apr 28, 2022 Sold $61,900 MichRic
Mar 24, 2022 Listed $61,900 MLS #22009568
Jul 23, 2021 Listed $61,900 MLS #21041789

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,400 $1,092
2023 $24,800 $1,261
2022 $26,600 $703
2021 $22,000 $814
2020 $21,250 $932
2019 $19,100 $907
2018 $16,550 $865
2017 $14,950 $793
2016 $15,450 $778
2015 $14,700 $762
2014 $17,300 $746
2013 $17,500 $722
2012 $19,750 $706
2011 $22,300 $676
2010 $25,350 $657
2009 $28,600 $657
2008 $31,350 $550
2007 $32,050 $538

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,014 sqft
Lot size
8,712 sqft
ZIP code
49203
City
Jackson
Street
Locust St
Coordinates
42.23476, -84.38518

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
$371
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 1505 Locust St last sell?
1505 Locust St most recently sold on May 5, 2022 for $61,900.
What is the current tax assessment for 1505 Locust St?
The most recent total assessment for 1505 Locust St (year 2025) is $36,400 with $1,092 in property tax.
How does 1505 Locust St's assessment compare to its last sale price?
The current assessment is 41.2% below the last sale price of $61,900.
When was 1505 Locust St built?
1505 Locust St was built in 1910.
How does 1505 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 1505 Locust St?
1505 Locust St is a 3 bed, 1 bath, 1,014 sqft, 8,712 sqft lot single_family.
Is 1505 Locust St a flip candidate?
No — 1505 Locust St does not appear in our flips dataset.
Is 1505 Locust St a tax-appeal candidate?
No — 1505 Locust St 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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