NOT LISTED FOR SALE

1117 First St Jackson, MI 49203

Flat Iron Neighborhood

Estimated Value: $79,000 - $92,000

2 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold December 09, 2016

Last sale price $35,200

Est. 145% increase in value since last sale

Current estimated payment $595/month

80 Days on Market

About This Home

As of December 2016

Income potential for this charming two unit with new roof in 2013 and fresh exterior paint in 2014. Large covered front porch, large foyer with beautiful woodwork. Main floor unit is lovely, living room, formal dining, convenient kitchen, one bedroom, one full bath, nice covered rear porch and is now vacant. Second floor unit is currently vacant and has been repainted. This unit offers inside access and with living room, large eat-in kitchen full of natural light, two bedrooms, one full bath. New hot water heater in lower unit 2014. Fenced yard on 3 sides, shed in backyard. New Carpet in Both Units in October 2016. Has Generated $9600 gross income per year in the last several years. A great opportunity!

Last Agent to Sell the Property

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 08/01/2016

HOWARD HANNA REAL ESTATE SERVI

Last Buyer's Agent

Timothy Atkins

ERA REARDON REALTY, L.L.C. License #6506036004

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $738

Year Built

  • Built in 1900

Lot Details

  • 3,049

Home Design

  • Wood Siding

Additional Features

  • 3,049 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water

Community Details

Overview

  • Garfields Plat Subdivision

Building Details

  • Operating Expense $2,398
  • Net Operating Income $9,600

Property Details

Home Type

Apartment

Est. Annual Taxes

$738

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: 42900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Net Operating Income: 9600.0
  • Operating Expense: 2398.0

Tax Info

  • Tax Annual Amount: 737.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2021
Sold by
Frattini Mark J and Frattini Nina Salas
Bought by
Hundred Acre Wood Properties Llc
Current Estimated Value
$86,199

Purchase Details

Closed on
Jun 19, 2017
Sold by
Frattini Mark J
Bought by
Frattini Mark J and Frattini Nina Salas

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 9, 2016
Sold by
Wilson Michael G and Hesslau Thomas L
Bought by
Frattini Mark J
Seller's Agent
Heather Herndon
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Timothy Atkins
ERA REARDON REALTY, L.L.C.
Sold Price
$35,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$26,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2001
Sold by
Hills Roberts W and Hills Beatrice L
Bought by
Hesslau Thomas L and Wilson Michael G
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
Hundred Acre Wood Properties Llc -- None Available
Frattini Mark J -- Attorney
Frattini Mark J $35,200 Attorney
Hesslau Thomas L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frattini Mark J $26,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $35,200 -- --
10/20/2016 10/20/16 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 $1,733 $34,100 $0 $0
2024 $15 $32,500 $0 $0
2023 $1,438 $28,000 $0 $0
2022 $1,584 $22,900 $0 $0
2021 $886 $20,850 $0 $0
2020 $875 $18,950 $0 $0
2019 $851 $13,750 $0 $0
2018 $812 $11,950 $0 $0
2017 $744 $11,600 $0 $0
2016 $648 $12,600 $12,600 $0
2015 $707 $12,150 $12,150 $0
2014 $707 $11,400 $11,400 $0
2013 -- $11,400 $11,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Herndon

    Seller's Agent in 2016

    Heather Herndon

    HOWARD HANNA REAL ESTATE SERVI

    (517) 787-9800

    9 in this area

    753 Total Sales

    Heather Herndon
    Section Image
  • Timothy Atkins

    Buyer's Agent in 2016

    Timothy Atkins

    ERA REARDON REALTY, L.L.C.

    (517) 937-2473

    3 in this area

    166 Total Sales

    Timothy Atkins
    Section Image
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Map

Source: MichRIC

MLS Number: 21035201

MichRIC

APN: 4-128500000

Michigan Jackson County Jackson 49203 Flat Iron

1117 First St, Jackson, MI

Not Listed for Sale

MultiFamily

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