NOT LISTED FOR SALE

1011 E Ganson St Jackson, MI 49201

Health District Neighborhood

Estimated Value: $102,000 - $122,000

3 Beds
3 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold January 23, 2019

Last sale price $69,000

Est. 62% increase in value since last sale

Current estimated payment $795/month

3 Days on Market

About This Home

As of January 2019

City Certified 3 Unit (Plus) Rental. Rare Find all units have own electric and gas service even garage has own Electrical service. All units have had updates. Large parking lot. Located on bus route close to hospital, shopping. Home warranty is in effect on this property.

Last Agent to Sell the Property

TIMOTHY JACOBS

Next Step Realty License #6501312552 Listed on: 01/02/2019

Last Buyer's Agent

Amy Gilpin

Production Realty License #6501309873

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

  • Operating Expense $5,422
  • Net Operating Income $33,823

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,186

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 69000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4

Rental Info

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

Multi Family

  • Net Operating Income: 33822.53
  • Operating Expense: 5422.47

Tax Info

  • Tax Annual Amount: 1186.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Feb 22, 2016
Sold by
Deutsche Bank Trust Company Americas
Bought by
Property Detailers Ii Llc
Seller's Agent
LOGAN FARRER
REAL HOME SERVICES & SOLUTIONS
Buyer's Agent
Timothy Jacobs
ERA REARDON - BROOKLYN
Sold Price
$26,424
Current Estimated Value
$111,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,097
Avg. Annual Appreciation
15.76%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Klavon Thomas L and Klavon Julie
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Sep 30, 2015
Sold by
Klavon Thomas L and Klavon Julie
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 18, 2005
Sold by
Foote John W and Foote Donna D
Bought by
Klavon Thomas L and Klavon Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Adams Charles E and Adams Connie L
Bought by
Foote John W and Foote Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Property Detailers Ii Llc $26,424 Premium Title Services Inc
Deutsche Bank Trust Company Americas -- Attorney
Deutsche Bank Trust Company Americas $82,658 Attorney
Klavon Thomas L $99,000 At
Foote John W $45,000 At
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klavon Thomas L $89,100
Previous Owner Foote John W $89,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2019 01/23/19 Sold $69,000 +161.1% --
01/05/2019 01/05/19 Pending -- -- --
02/24/2016 02/24/16 Sold $26,424 -- $14 / Sq Ft View Prior Sale
02/09/2016 02/09/16 Pending -- -- --
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 $2,536 $53,300 $0 $0
2024 $2,194 $43,000 $0 $0
2023 $2,105 $35,200 $0 $0
2022 $3,642 $32,500 $0 $0
2021 $1,867 $28,450 $0 $0
2020 $1,844 $26,050 $0 $0
2019 $1,244 $20,600 $0 $0
2018 $1,186 $17,450 $0 $0
2017 $1,088 $16,950 $0 $0
2016 $798 $14,300 $14,300 $0
2015 $1,216 $14,250 $14,250 $0
2014 $1,216 $19,600 $0 $0
2013 -- $19,600 $19,600 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    TIMOTHY JACOBS

    Next Step Realty

  • A

    Buyer's Agent in 2019

    Amy Gilpin

    Production Realty

    Section Image

  • L

    Seller's Agent in 2016

    LOGAN FARRER

    REAL HOME SERVICES & SOLUTIONS

See All Agents

Map

Source: MichRIC

MLS Number: 21035106

MichRIC

APN: 7-077600000

Michigan Jackson County Jackson 49201 Health District

1011 E Ganson St, Jackson, MI

Not Listed for Sale

MultiFamily

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