NOT LISTED FOR SALE

Estimated Value: $182,000 - $201,000

4 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold September 14, 2020

Last sale price $118,000

Est. 62% increase in value since last sale

Current estimated payment $1,240/month

5 Days on Market

About This Home

As of September 2020

Live in this wonderful home and rent out the smaller apartment to help pay the mortgage! You are going to love the character, charm and easy upkeep of this city home. Great location with easy access to I-94 as well as the bustling community of Downtown Jackson. The main unit is 3 bed, 2 bath with a finished attic that could be used as a 4th bedroom. The rental unit has 1 bed, 1 bath,an eat-in space kitchen and living room. There is room for plenty of parking and the majority of the yard fenced in!

Last Agent to Sell the Property

John Rockey

EXIT REALTY 1ST LLC License #6501316560 Listed on: 07/31/2020

EXIT REALTY 1ST LLC

Co-Listed By

Benjamin Kono

EXIT REALTY 1ST LLC License #6501407864

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

  • $2,022

Year Built

  • Built in 1890

Lot Details

  • 0.28

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • Operating Expense $3,604
  • Gross Income $7,200
  • Net Operating Income $12,598

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,022

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 109900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12196.8

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Gross Income: 7200.0
  • Net Operating Income: 12598.0
  • Operating Expense: 3604.0

Tax Info

  • Tax Annual Amount: 2022.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 10, 2020
Sold by
Lindley Andrew and Lindley Megan
Bought by
Depner Dawn A
Seller's Agent
John Rockey
EXIT REALTY 1ST LLC
Buyer's Agent
Timothy Atkins
ERA REARDON REALTY, L.L.C.
Sold Price
$118,000
Current Estimated Value
$190,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,706
Avg. Annual Appreciation
9.83%
Original Mortgage
$112,100
Outstanding Balance
$99,481
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$91,225

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 22, 2015
Sold by
Lindley Andrew
Bought by
Lindley Andrew and Lindley Megan
Seller's Agent
SANDRA FLEMING
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
ERIN CLARKE
ERA REARDON REALTY, L.L.C.
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$63,920
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Taylor Bean & Whitaker Mortgage Corporat
Bought by
Us Bank National Association and Series Tbw 2006-5

Purchase Details

Closed on
Aug 2, 2004
Sold by
Sauvageau Edward J and Sauvageau Judy A
Bought by
Moore Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1999
Sold by
Callender Marlin K and Callender Christina
Bought by
Sauvageau Edward J and Sauvageau Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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
Depner Dawn A $118,000 None Available
Lindley Andrew -- At
Lindley Andrew $79,900 At
Us Bank National Association -- E Title Agency
Moore Robert $132,500 Nta
Sauvageau Edward J $82,000 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depner Dawn A $112,100
Previous Owner Lindley Andrew $63,920
Previous Owner Moore Robert $119,250
Previous Owner Sauvageau Edward J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2020 09/14/20 Sold $118,000 +47.7% --
08/05/2020 08/05/20 Pending -- -- --
10/22/2015 10/22/15 Sold $79,900 -- $29 / 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 $2,849 $94,200 $0 $0
2024 $2,327 $76,900 $0 $0
2023 $2,239 $69,600 $0 $0
2022 $2,612 $61,100 $0 $0
2021 $2,604 $49,600 $0 $0
2020 $1,939 $32,350 $0 $0
2019 $2,507 $43,350 $0 $0
2018 $2,379 $41,400 $0 $0
2017 $2,152 $41,100 $0 $0
2016 $1,799 $40,100 $40,100 $0
2015 $1,530 $33,850 $33,850 $0
2014 $1,530 $33,000 $0 $0
2013 -- $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034629

MichRIC

APN: 8-201800000