NOT LISTED FOR SALE

123 W Franklin St Jackson, MI 49201

Partnership Park Neighborhood

Estimated Value: $158,000 - $208,000

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

Last Sold June 21, 2021

Last sale price $155,000

Est. 19% increase in value since last sale

Current estimated payment $1,224/month

12 Days on Market

About This Home

As of June 2021

Completely renovated triplex in the growing Downtown Jackson area. Walking distance to the YMCA, Churches, Restaurants and Bars. City Certified thru August 2022 and Lead Base Paint Free Certified. Unit 1 is a 2 story with 2 bedrooms a full bath and laundry upstairs with a living room, formal dining room, kitchen and half bath downstairs. Unit 2 is a single level, 2 bedroom, living room, eat in kitchen with access to the full basement and additional bathroom. Unit 3 is an upper unit in back with 2 bedrooms, full bath, laundry, living room and eat in kitchen. The garage is a 2 car garage with a large loft currently being used by owner. This is a great investment property or live in one unit and rent the other 2 units.

Last Agent to Sell the Property

Mary Whitson

EXIT REALTY 1ST LLC License #6501385481 Listed on: 05/18/2021

EXIT REALTY 1ST LLC

Last Buyer's Agent

Phil Morgan

ERA REARDON REALTY, L.L.C. License #6502108104

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1880

Lot Details

  • 8,276

Additional Features

  • 8,276 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,561
  • Net Operating Income $33,519

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,466

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Net Operating Income: 33518.8
  • Number of Units Total: 3
  • Operating Expense: 8561.2

Tax Info

  • Tax Annual Amount: 1466.2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 23, 2021
Sold by
Silcher Richard F
Bought by
Jackson Ymca Inc
Seller's Agent
Mary Whitson
EXIT REALTY 1ST LLC
Buyer's Agent
Phil Morgan
ERA REARDON REALTY, L.L.C.
Sold Price
$155,000
Current Estimated Value
$184,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,338
Avg. Annual Appreciation
2.50%

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 21, 2021
Sold by
Kierczak Dennis and Kierczak Phyllis
Bought by
Silcher Ricahrd F
Seller's Agent
Mary Whitson
EXIT REALTY 1ST LLC
Buyer's Agent
Phil Morgan
ERA REARDON REALTY, L.L.C.
Sold Price
$155,000

Purchase Details

Closed on
Mar 30, 2007
Sold by
Flowers Jason and Flowers Jordan
Bought by
Kierczak Dennis and Kierczak Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2005
Sold by
Chmielewski Christopher and Atkinson William
Bought by
Flowers Jason and Flowers Jordan

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
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac
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
Jackson Ymca Inc -- None Available
Silcher Ricahrd F $155,000 Midstate Ttl Agcy Of Souther
Kierczak Dennis $180,000 Mst
Flowers Jason $56,000 Mst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kierczak Dennis $100,000
Previous Owner Kierczak $5,620
Previous Owner Kierczak Dennis $116,150
Previous Owner Flowers Jason $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $155,000 -- --
05/30/2021 05/30/21 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 $2,890 $61,900 $0 $0
2024 $2,500 $54,300 $0 $0
2023 $2,399 $46,700 $0 $0
2022 $2,642 $38,200 $0 $0
2021 $1,484 $34,750 $0 $0
2020 $1,466 $31,400 $0 $0
2019 $1,427 $23,250 $0 $0
2018 $1,361 $19,850 $0 $0
2017 $1,261 $19,650 $0 $0
2016 $1,214 $21,800 $21,800 $0
2015 $1,349 $22,750 $22,750 $0
2014 $1,349 $21,750 $0 $0
2013 -- $21,750 $21,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Whitson

    Seller's Agent in 2021

    Mary Whitson

    EXIT REALTY 1ST LLC

    (517) 937-0532

    1 in this area

    77 Total Sales

    Mary Whitson
    Section Image
  • Phil Morgan

    Buyer's Agent in 2021

    Phil Morgan

    ERA REARDON REALTY, L.L.C.

    (517) 782-2024

    1 in this area

    70 Total Sales

    Phil Morgan
    Section Image

  • P

    Buyer's Agent in 2021

    PHILLIP MORGAN

    GOOD EARTH REAL ESTATE, LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21095242

Southwestern Michigan Association of REALTORS®

APN: 4-011600000

Michigan Jackson County Jackson 49201 Partnership Park

123 W Franklin St, Jackson, MI

This home is located at 123 W Franklin St, Jackson, MI 49201 since 18 May 2021 and is currently estimated at $184,338. This property was built in 1880. 123 W Franklin St is a home located in Jackson County with nearby schools including Middle School at Parkside, Jackson High School, and Francis Street Primary 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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