NOT LISTED FOR SALE

116 Gibson Place Jackson, MI 49202

Arts District Neighborhood

Estimated Value: $72,000 - $98,000

3 Beds
1 Bath
768 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $37,000 $48 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $621/month

50 Days on Market

About This Home

As of November 2017

Updated North East City home, Features include large open porch, open living room/dining room.

Last Agent to Sell the Property

TIMOTHY JACOBS

Next Step Realty License #6501312552 Listed on: 09/21/2017

Last Buyer's Agent

NON-MBR 'SOLD' NON-MBR 'SOLD'

NON-MEMBER REALTOR 'SOLD'

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 768 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Talbott's Add Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 768.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 39900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Property Detailers Llc
Bought by
Zonca Victoria
Current Estimated Value
$88,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,750
Outstanding Balance
$25,176
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$61,481

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jan 14, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Property Detailers Llc
Seller's Agent
PAULA JESTER
C-21 Affiliated - Jackson
Buyer's Agent
Timothy Jacobs
ERA REARDON - BROOKLYN
Sold Price
$14,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.04%

Purchase Details

Listed on
Nov 24, 2015
Closed on
Nov 24, 2015
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development
Seller's Agent
PAULA JESTER
C-21 Affiliated - Jackson
Buyer's Agent
Timothy Jacobs
ERA REARDON - BROOKLYN
Sold Price
$14,050

Purchase Details

Closed on
Dec 17, 2014
Sold by
Weigand Carol A
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
May 10, 2002
Sold by
Sharlow Kenneth E
Bought by
Weigand Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,284
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Zonca Victoria $37,000 Midstate Title Agency Inac
Property Detailers Llc $14,050 Midstate Title Agency Of Sou
Secretary Of Housing & Urban Development -- Attorney
Abn Amro Mortgage Group Inc $19,500 None Available
Weigand Carol A $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zonca Victoria $28,750
Previous Owner Weigand Carol A $46,284
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2017 11/17/17 Sold $37,000 +163.3% $48 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
01/14/2016 01/14/16 Sold $14,050 -- $19 / Sq Ft View Prior Sale
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 $1,908 $30,900 $0 $0
2024 $1,650 $27,800 $0 $0
2023 $635 $22,400 $0 $0
2022 $1,005 $19,600 $0 $0
2021 $995 $17,400 $0 $0
2020 $982 $16,650 $0 $0
2019 $956 $15,750 $0 $0
2018 $912 $13,300 $0 $0
2017 $895 $13,950 $0 $0
2016 $700 $12,600 $12,600 $0
2015 $695 $15,550 $15,550 $0
2014 $695 $16,050 $0 $0
2013 -- $16,050 $16,050 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    TIMOTHY JACOBS

    Next Step Realty

  • N

    Buyer's Agent in 2017

    NON-MBR 'SOLD' NON-MBR 'SOLD'

    NON-MEMBER REALTOR 'SOLD'

  • P

    Seller's Agent in 2016

    PAULA JESTER

    C-21 Affiliated - Jackson

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Marvin Jester

    C-21 Affiliated - Jackson

    Section Image
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Map

Source: MichRIC

MLS Number: 21055636

MichRIC

APN: 8-224500000

Michigan Jackson County Jackson 49202 Arts District

116 Gibson Place, Jackson, MI

Not Listed for Sale

Detached

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