NOT LISTED FOR SALE

120 Bates St Unit 122 & 122 1/2 BATES Jackson, MI 49202

East Jackson Neighborhood

Estimated Value: $109,000 - $130,000

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

Last Sold August 09, 2018

Last sale price $40,000

Est. 208% increase in value since last sale

Current estimated payment $839/month

105 Days on Market

About This Home

As of August 2018

Very conveniently located home. There is a 3 car detached garage. Home would make a nice owner occupied home with tenants renting two other units. Same owner for 25 years+ Currently, rent is month to month with tenant in Unit 120 leaving in June of 2018.

Last Agent to Sell the Property

Tim Creech

Five Star Real Estate License #6501373671 Listed on: 04/09/2018

Last Buyer's Agent

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

NON-MEMBER REALTOR 'SOLD'

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66x131

Home Design

  • Vinyl Siding

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, gas

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $4,501
  • Net Operating Income $18,419

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x131
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1051.92
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 3
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: N/A
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 49500.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes
  • Water Source: Public

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 66x131
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Net Operating Income: 18419.0
  • Number of Units Total: 3
  • Operating Expense: 4501.0

Tax Info

  • Tax Annual Amount: 1051.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Lopez Romualdo
Bought by
Doetsch Joshua D
Current Estimated Value
$123,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Outstanding Balance
$46,513
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$72,417

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 9, 2018
Sold by
Ritchie Nezra and Ritchie Rachel E
Bought by
Lopez Romualdo
Seller's Agent
Tim Creech
Five Star Real Estate
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Source: Public Records

Range of Values:

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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
Doetsch Joshua D $63,000 Ata National Title Group Llc
Lopez Romualdo $40,000 Midstate Title Agency Of Sou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doetsch Joshua D $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2018 08/09/18 Sold $40,000 -- --
07/23/2018 07/23/18 Pending -- -- --
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 $2,268 $58,800 $0 $0
2024 $1,933 $47,500 $0 $0
2023 $2,063 $39,100 $0 $0
2022 $2,272 $36,000 $0 $0
2021 $2,248 $31,800 $0 $0
2020 $1,634 $29,750 $0 $0
2019 $1,590 $22,650 $0 $0
2018 $1,147 $20,450 $0 $0
2017 $1,052 $19,600 $0 $0
2016 $907 $17,000 $17,000 $0
2015 $1,275 $16,200 $16,200 $0
2014 $1,275 $20,550 $0 $0
2013 -- $20,550 $20,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Creech

    Seller's Agent in 2018

    Tim Creech

    Five Star Real Estate

    (517) 612-9735

    254 Total Sales

    Tim Creech
    Section Image

  • N

    Buyer's Agent in 2018

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

    NON-MEMBER REALTOR 'SOLD'

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034675

Southwestern Michigan Association of REALTORS®

APN: 7-118600000

Michigan Jackson County Jackson 49202 East Jackson

120 Bates St Unit 122 & 122 1/2 BATES, Jackson, MI

This home is located at 120 Bates St Unit 122 & 122 1/2 BATES, Jackson, MI 49202 since 09 April 2018 and is currently estimated at $123,182. This property was built in 1910. 120 Bates St Unit 122 & 122 1/2 BATES is a home located in Jackson County with nearby schools including Northeast Elementary School, Middle School at Parkside, and Jackson 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.
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