NOT LISTED FOR SALE

1401 Fourth St Jackson, MI 49203

Falling Waters Neighborhood

Estimated Value: $88,000 - $137,000

2 Beds
2 Baths
1,463 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2020

Last sale price $47,500 $32 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $685 / mo

217 Days on Market

About This Home

As of February 2020

Great Money Maker! 2 Unit in the city that's fully rented. Lower unit rents for $500/month plus utilities. Has furnace and water heater. Upper unit pays $500/month plus gas and electric. 2 car garage. Rent is reduced by $50/month to accomodate utilities in lower unit.

Last Agent to Sell the Property

Sharon Norton

RE/MAX Mid-Michigan R.E. License #6501286070 Listed on: 07/08/2019

RE/MAX Mid-Michigan R.E.

Last Buyer's Agent

Ray Snell

Exit Realty 1st LLC License #6501330536

Exit Realty 1st LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $946

Year Built

  • Built in 1870

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 54x99

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,000
  • Net Operating Income $17,400

Property Details

Home Type

Apartment

Est. Annual Taxes

$946

Year Built

Built in 1870

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1870
  • Driveway:Driveway: Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 55000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 54x99

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 17400.0
  • Number of Units Total: 2
  • Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 945.51
  • Tax Year: 2009

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Feb 20, 2020
Sold by
Bought by
Seller's Agent
Sharon Norton
RE/MAX Mid-Michigan R.E.
Buyer's Agent
Ray Snell
Exit Realty 1st LLC
Sold Price
$47,500
Current Estimated Value
$102,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,981
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Jul 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2012
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$47,500 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $47,500 -- $32 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,621 $37,700 $0 $0
2025 $1,621 $35,500 $0 $0
2024 $13 $30,600 $0 $0
2023 $3,046 $28,200 $0 $0
2022 $1,350 $24,000 $0 $0
2021 $1,336 $18,900 $0 $0
2020 $1,019 $16,950 $0 $0
2019 $991 $16,300 $0 $0
2018 $946 $15,700 $0 $0
2017 $867 $17,050 $0 $0
2016 $747 $16,900 $16,900 $0
2015 $986 $13,350 $13,350 $0
2014 $986 $15,900 $15,900 $0
2013 -- $15,900 $15,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Norton

    Seller's Agent in 2020

    Sharon Norton

    RE/MAX Michigan

    (517) 789-9945

    2 in this area

    68 Total Sales

    Sharon Norton
    Section Image

  • R

    Buyer's Agent in 2020

    Ray Snell

    Exit Realty 1st LLC

    Section Image
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Map

Source: MichRIC

MLS Number: 21034883

MichRIC

APN: 3-229400000

Michigan Jackson County Jackson 49203 Falling Waters

1401 Fourth St, Jackson, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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