NOT LISTED FOR SALE

124 N Gorham St Jackson, MI 49202

East Jackson Neighborhood

Estimated Value: $100,000 - $120,000

3 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $70,000

Est. 57% increase in value since last sale

Current estimated payment $776/month

3 Days on Market

Highlights

  • Main Floor Bedroom
  • Accessible Bedroom
  • Forced Air Heating System
  • 1 Fireplace
  • Roll Under Sink

About This Home

As of August 2023

DYNAMIC DUPLEX WITH BONUS EXTRA LOT RIGHT ACROSS THE STREET! Great investment opportunity in Jackson County's Northeast neighborhood with a convenient location near Henry Ford Allegiance Hospital, booming downtown & easy access to I-94/US-127 hub making a drive to Chelsea, Ann Arbor, Lansing & more a breeze! This 2 unit investment property features a main floor unit with 2 bedrooms, 1 bath, living room, spacious kitchen & basement access. The upper unit includes 2 bedrooms, 1 bath & open kitchen. Beyond the covered front porch, an enclosed foyer provides private entry to each unit. Nice, level backyard offers room to play and a delightful deck to enjoy the afternoons. The extra lot across the street is 0.22 acres, level & perfect for additional parking or possible development. Call today!

Last Agent to Sell the Property

Stephanie Bosanac

RE/MAX MID-MICHIGAN R.E. License #6501336455 Listed on: 08/01/2023

RE/MAX MID-MICHIGAN R.E.

Last Buyer's Agent

Kimberly Kurtz

EXIT REALTY 1ST LLC License #6502343614

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x131

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Accessible Home Design

  • Roll Under Sink
  • Accessible Bedroom
  • Accessible Kitchen

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • East Add Subdivision

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

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
  • 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
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1086.12
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: EAST ADD
  • Substructure:Crawl Space: Yes
  • Accessibility Feat:Accessible Kitchen Sink: Yes
  • Accessibility Feat:Accessible Mn Flr Be: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Kitchen, Accessible Bath Sink, Accessible Mn Flr Be
  • Fireplaces: 1
  • Basement: Crawl Space, Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 75000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x131
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1086.12
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2007
Sold by
Elting Timothy H
Bought by
Oliver Lynard and Oliver Lubertha
Current Estimated Value
$110,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Outstanding Balance
$40,213
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,897
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliver Lynard $83,000 Sst
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Lynard $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $70,000 -6.7% --
08/01/2023 08/01/23 For Sale $75,000 -- --
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 $2,402 $43,300 $0 $0
2024 $2,078 $35,000 $0 $0
2023 $947 $28,800 $0 $0
2022 $1,042 $27,000 $0 $0
2021 $1,031 $23,450 $0 $0
2020 $1,019 $21,850 $0 $0
2019 $991 $17,100 $0 $0
2018 $946 $15,700 $0 $0
2017 $867 $15,400 $0 $0
2016 $747 $13,600 $13,600 $0
2015 $1,033 $13,350 $13,350 $0
2014 $1,033 $16,650 $0 $0
2013 -- $16,650 $16,650 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Bosanac

    Seller's Agent in 2023

    Stephanie Bosanac

    RE/MAX Michigan

    (517) 990-0707

    6 in this area

    457 Total Sales

    Stephanie Bosanac
    Section Image
  • Kimberly Kurtz

    Buyer's Agent in 2023

    Kimberly Kurtz

    EXIT REALTY 1ST LLC

    (517) 796-9300

    4 in this area

    82 Total Sales

    Kimberly Kurtz
    Section Image
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Map

Source: MichRIC

MLS Number: 23027666

MichRIC

APN: 7-121000000

Michigan Jackson County Jackson 49202 East Jackson

124 N Gorham St, Jackson, MI

Not Listed for Sale

MultiFamily

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