NOT LISTED FOR SALE

121 S Elm Ave Jackson, MI 49203

Poletown Neighborhood

Estimated Value: $291,851

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $229,900

Est. 27% increase in value since last sale

Current estimated payment $2,238/month

8 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of February 2022

Attention Investors, be first to discover this Sharp 6 unit, income property, very well maintained, Exterior features New windows, Roof, Siding, and Concrete, easy care exterior maintenance, Nice full basement, Attached garage for extra Storage space, fully occupied, City Certified. Impressive, shows well!

Last Agent to Sell the Property

TRACEY CONNORS

ERA REARDON REALTY, L.L.C. License #6501284448 Listed on: 01/12/2022

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

TRACEY CONNORS

ERA REARDON REALTY, L.L.C. License #6501284448 Listed on: 01/12/2022

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $3,120
  • Maintenance Expense $3,630
  • Manager Expense $3,192
  • Operating Expense $9,452
  • Gross Income $42,900
  • Net Operating Income $33,448

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,120

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 229900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Baseboard
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42900.0
  • Insurance Expense: 3120.0
  • Maintenance Expense: 3630.0
  • Manager Expense: 3192.0
  • Net Operating Income: 33448.0
  • Number of Units Total: 6
  • Operating Expense: 9452.0

Tax Info

  • Tax Annual Amount: 3120.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 1997
Sold by
Rabaskas M Joette M and Rabaskas Eric P
Bought by
Surgener Theodore and Surgener Brian W
Current Estimated Value
$291,851
Source: Public Records

Range of Values:

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Average Value
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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
Surgener Theodore $10,749 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $229,900 0.0% --
01/20/2022 01/20/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $229,900 -- --
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 $8,287 $146,600 $0 $0
2024 $7,169 $121,200 $0 $0
2023 $6,878 $155,200 $0 $0
2022 $5,170 $101,700 $0 $0
2021 $2,549 $57,100 $0 $0
2020 $2,518 $61,050 $0 $0
2019 $2,450 $34,900 $0 $0
2018 $1,277 $27,300 $0 $0
2017 $1,171 $23,050 $0 $0
2016 $1,010 $22,500 $22,500 $0
2015 $1,101 $19,550 $19,550 $0
2014 $1,101 $17,750 $0 $0
2013 -- $17,750 $17,750 $0
Source: Public Records

Agents Affiliated with this Home

  • TRACEY CONNORS

    Seller's Agent in 2022

    TRACEY CONNORS

    ERA REARDON REALTY, L.L.C.

    (517) 206-6798

    1 in this area

    125 Total Sales

    TRACEY CONNORS
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22000958

Southwestern Michigan Association of REALTORS®

APN: 6-086500000

Michigan Jackson County Jackson 49203 Poletown

121 S Elm Ave, Jackson, MI

This home is located at 121 S Elm Ave, Jackson, MI 49203 since 12 January 2022 and is currently estimated at $291,851. This property was built in 1910. 121 S Elm Ave is a home located in Jackson County with nearby schools including Middle School at Parkside, Jackson High School, and St. Mary Star of the Sea 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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