NOT LISTED FOR SALE

108 S Union St Parma, MI 49269

Estimated Value: $142,000 - $170,000

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

Last Sold June 27, 2014

Last sale price $59,000

Est. 154% increase in value since last sale

Current estimated payment $1,002/month

34 Days on Market

About This Home

As of June 2014

Agent is related to owner. Non-conforming use continues with change of ownership as long as there is no change in the nature or character of the non-conforming use. Zoning ordinance is available in associated docs. There are not a lot of rentals in the Western School district area. This has been consistently rented and is a money maker. With separate gas and electric meters, the tenants could pay their own utilities. No City of Jackson inspections!

Last Agent to Sell the Property

Ray Snell

EXIT REALTY 1ST LLC License #6501330536 Listed on: 05/21/2014

EXIT REALTY 1ST LLC

Last Buyer's Agent

Ray Snell

EXIT REALTY 1ST LLC License #6501330536 Listed on: 05/21/2014

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

  • Operating Expense $15,342
  • Net Operating Income $20,612

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 65000.0
  • 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, Gas

Multi Family

  • Net Operating Income: 20612.0
  • Operating Expense: 15342.0

Tax Info

  • Tax Annual Amount: 1754.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Malec Toni L and Kalahar Wendy J
Bought by
108 S Union Llc
Total Days on Market
34
Current Estimated Value
$149,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 27, 2014
Sold by
Burgan Lawrence and Burgan Barbara
Bought by
Ferguson Larry L and Larry L Ferguson Living Trust
Seller's Agent
Ray Snell
EXIT REALTY 1ST LLC
Buyer's Agent
Ray Snell
EXIT REALTY 1ST LLC
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Brave Investments Llc
Bought by
Burgan Lawrence J and Burgan Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
7.06%

Purchase Details

Closed on
Sep 14, 1999
Sold by
Wellman Duane J and Wellman Maria
Bought by
Brave Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.21%

Purchase Details

Closed on
Dec 1, 1992
Sold by
Moe Kenneth V and Moe Shari L
Bought by
Wellman Duane J

Purchase Details

Closed on
Sep 16, 1985
Sold by
Hubert George B
Bought by
Moe Kenneth and Moe Shari L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
108 S Union Llc $72,450 None Available
Ferguson Larry L $59,000 None Available
Burgan Lawrence J $89,900 --
Brave Investments Llc $60,000 --
Wellman Duane J $27,000 Fidelity National Title Ins
Moe Kenneth V $15,000 --
Wellman Duane J $27,000 --
Moe Kenneth $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 108 S Union Llc $175,000
Previous Owner Burgan Lawrence J $67,400
Previous Owner Brave Investments Llc $48,000
Closed Brave Investments Llc $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $59,000 -- --
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
2024 $1,989 $63,600 $63,600 $0
2023 $1,947 $46,400 $46,400 $0
2022 $2,727 $48,700 $48,700 $0
2021 $2,391 $47,600 $47,600 $0
2020 $772 $44,200 $0 $0
2019 $1,657 $40,300 $0 $0
2018 $204 $37,500 $0 $0
2017 $200 $33,100 $0 $0
2016 $198 $34,900 $34,900 $0
2015 -- $32,550 $32,550 $0
2014 -- $34,950 $0 $0
2013 -- $34,950 $34,950 $0
Source: Public Records

Agents Affiliated with this Home

  • Ray Snell

    Seller's Agent in 2014

    Ray Snell

    EXIT REALTY 1ST LLC

    (517) 474-0048

    58 Total Sales

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032622

Southwestern Michigan Association of REALTORS®

APN: 001-06-36-232-003-00

Michigan Jackson County Parma 49269

108 S Union St, Parma, MI

This home is located at 108 S Union St, Parma, MI 49269 since 21 May 2014 and is currently estimated at $149,660. This property was built in 1900. 108 S Union St is a home located in Jackson County with nearby schools including Western High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes