NOT LISTED FOR SALE

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

East Jackson Neighborhood

Estimated Value: $94,000 - $132,000

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

Last Sold August 09, 2018

Last sale price $40,000

Est. 197% increase in value since last sale

Current estimated payment $849/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
  • 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

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
$118,930

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
17.11%
Source: Public Records

Similar Home in Jackson, MI

  • 612 1st St, Jackson, MI 49203

    $125,000

    • 5 Beds
    • 3.5 Baths
    • 2,988 Sq Ft
    • 612 1st St
    • Jackson, MI

    3 unit income property location in Jackson. Recently renovated. Lower unit is a 1 bedroom, 1.5 bath. Middle unit has 2 bedrooms, 1 bath, large living room and kitchen. Upper unit has 2 bedrooms, large living room, kitchen and 1 bath. Plenty of parking in the back. Tenant occupied. 24 hour notice to show. Pre-approved/proof of funds buyers only. BATVAI Net amount of yearly rent is approximate.

    Tramar Clay National Realty Centers, Inc

    Section Image

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
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

  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034675

Southwestern Michigan Association of REALTORS®

APN: 7-118600000