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513 N Waterloo Ave, Jackson, MI, 49201

3beds
1baths
1,184sqft
$165,000
$139price/sqft
$1,265/moest. monthly cost
$50,600/yrincome needed

About This Home

Welcome home to this beautifully renovated gem in the heart of Jackson. Fully updated inside and out, this move-in ready home combines modern finishes with a functional layout designed for everyday living. Enjoy brand new flooring and carpet, stylish tile bathroom, fresh paint throughout, and a spacious floor plan featuring a convenient main-floor bedroom and oversized laundry area. Major exterior upgrades including a brand new roof with warranty and new gutters offer peace of mind for years to come. Located in a desirable area within walking distance to Henry Ford Hospital, this home is the perfect fit for first-time buyers, growing families, or anyone looking for a turnkey property in a great location.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

2/10
4/10
5/10
Jackson High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Hardboard

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Gas Range,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom2

  • Level: Second
  • Area: 162

Bedroom3

  • Level: Second
  • Area: 222.4

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 243.39000000000001

Features

  • Flooring: Carpet,Tile,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,184

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,794
  • Total interior livable area: 1,184 sqft

Kitchen

  • Level: First
  • Area: 243.39000000000001

Laundry

  • Level: First
  • Area: 77

Living Room

  • Level: First
  • Area: 378.84

Master Bedroom

  • Level: First
  • Area: 265.44

Property

Details

  • Parcel number: 387076400000
  • Zoning description: Zoning
  • Foundation area: 610

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch,Screened
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 4,356 sqft
  • Features: Back Yard,City Lot,Front Yard
  • Lot size dimensions: 118 x 38

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Jackson County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$91$1,092
Property Taxes $152$1,824
Electricity $188$2,259
Total$1,265$15,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,371/yr
40% on housing$37,950/yr
45% on housing$33,733/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.3%
0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 49201$125
Jackson County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 49201$142
Jackson County$130

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Price change$165,000
2026-05-21Listed for sale$170,000

For Sale by Agent

AgentMissy Lord
BrokerageRE/MAX Real Estate Professionals Dewitt

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