NOT LISTED FOR SALE

1000 Page Ave Jackson, MI 49203

Poletown Neighborhood

Estimated Value: $130,999

Studio
-- Bath
3,680 Sq Ft
$36/Sq Ft Est. Value

Last Sold April 23, 2014

Last sale price $54,000 $15 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $816/month

106 Days on Market

About This Home

As of April 2014

A real money maker here (100% occupied)! 5 units total. Four 2 bedroom units and one efficiency. 2 car garage. Completely vinyl sided. Newer hi-efficiency furnaces, one in 2012, one in 2013 (oldest in 2006). New hot water heater in 2013. New porch roof with lifetime warranty. Owner pays heat and common area (hallway lighting) electric only. Tenants pay their own electric bill and for hot water/gas. Great tax shelter. Close to expressways and on city bus line. Easy to rent! 4 units on one year leases, one is month to month. This property is also zoned commercial, so this large corner lot could be used for a number of things. Great exposure on one of the main routes to expressways and downtown Jackson.

Last Agent to Sell the Property

Scott Shoemaker

GOOD EARTH REAL ESTATE, LLC License #6501266337 Listed on: 12/12/2013

Last Buyer's Agent

KAY LEMASTERS

SPROAT REALTY PROFESSIONALS License #6501244196

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.3 Acre Lot

Utilities

  • Forced Air Heating System
  • Space Heater

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Community Details

Overview

  • Assessor's Tomlinson Plat Subdivision

Building Details

  • Operating Expense $28,585
  • Net Operating Income $37,548

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 59900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 37548.0
  • Operating Expense: 28585.0

Tax Info

  • Tax Annual Amount: 1825.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Jackson County Treasurer
Bought by
City Of Jackson
Current Estimated Value
$130,999

Purchase Details

Closed on
Jun 7, 2017
Sold by
Arnold Reginald and Arnold Ella F
Bought by
Arnold Reginald and Arnold Ella F

Purchase Details

Listed on
Dec 12, 2013
Closed on
Apr 23, 2014
Sold by
Dowding Mary Ann
Bought by
Boatwright Kasandra
Seller's Agent
Scott Shoemaker
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
KAY LEMASTERS
SPROAT REALTY PROFESSIONALS
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
City Of Jackson -- None Available
Arnold Reginald $27,049 Attorney
Boatwright Kasandra $54,000 Midstate Title Agency Of Sou
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2014 04/23/14 Sold $54,000 -- $15 / Sq Ft
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $0 $0 $0
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2020 $48 $0 $0 $0
2019 $48 $1,350 $0 $0
2018 $46 $1,350 $0 $0
2017 $1,653 $31,850 $0 $0
2016 $1,425 $30,300 $10,100 $20,200
2015 $1,424 $25,450 $25,450 $0
2014 $1,424 $22,950 $0 $0
2013 -- $22,950 $22,950 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Shoemaker

    GOOD EARTH REAL ESTATE, LLC

    Section Image

  • K

    Buyer's Agent in 2014

    KAY LEMASTERS

    SPROAT REALTY PROFESSIONALS

See All Agents

Map

Source: MichRIC

MLS Number: 21032764

MichRIC

APN: 6-145800000

Michigan Jackson County Jackson 49203 Poletown

1000 Page Ave, Jackson, MI

Not Listed for Sale

MultiFamily

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