NOT LISTED FOR SALE

1043 Martin Luther King Junior Dr Jackson, MI 49203

King Neighborhood

Estimated Value: $88,044 - $96,000

4 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold June 27, 2024

Last sale price $85,000

Est. 9% increase in value since last sale

Current estimated payment $566/month

36 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • 3-minute walk to Friendship Park

About This Home

As of June 2024

3 unit income property generating over $2k/month ready for new owner. Section 8 qualified and recently city certified (good for 3 years).

Last Agent to Sell the Property

Tony Pruitt

EXP Realty License #6501333249 Listed on: 05/06/2024

EXP Realty

Last Buyer's Agent

Mike Kanser

ERA REARDON REALTY, L.L.C. License #6501392301

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 732.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Heat Type:Hot Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 90000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Heating: Hot Water
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 732.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2014
Sold by
Winn Gayle A
Bought by
L & B Futures Llc
Current Estimated Value
$92,261
Source: Public Records

Range of Values:

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Average Value
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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
L & B Futures Llc -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $85,000 -5.6% --
05/06/2024 05/06/24 For Sale $90,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $764 $28,100 $0 $0
2024 $661 $26,700 $0 $0
2023 $634 $23,100 $0 $0
2022 $698 $19,400 $0 $0
2021 $691 $17,150 $0 $0
2020 $682 $15,300 $0 $0
2019 $664 $11,700 $0 $0
2018 $633 $9,250 $0 $0
2017 $581 $9,050 $0 $0
2016 $547 $9,800 $9,800 $0
2015 $682 $11,600 $11,600 $0
2014 $682 $11,000 $11,000 $0
2013 -- $11,000 $11,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24022037

Southwestern Michigan Association of REALTORS®

APN: 5-105200000