NOT LISTED FOR SALE

1405 Fourth St Jackson, MI 49203

Falling Waters Neighborhood

Estimated Value: $66,751 - $145,000

2 Beds
3 Baths
1,347 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2021

Last sale price $50,000 $37 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $652 / mo

58 Days on Market

About This Home

As of June 2021

Great income producer! 3 units, fully rented. Owner pays expenses. Take a look!!

Last Agent to Sell the Property

Sharon Norton

RE/MAX Mid-Michigan R.E. License #6501286070 Listed on: 02/01/2021

RE/MAX Mid-Michigan R.E.

Last Buyer's Agent

Sharon Norton

RE/MAX Mid-Michigan R.E. License #6501286070 Listed on: 02/01/2021

RE/MAX Mid-Michigan R.E.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $882

Year Built

  • Built in 1890

Lot Details

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

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

  • The owner pays for electricity, gas, trash collection, water

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,553
  • Gross Income $10,950
  • Net Operating Income $19,386

Property Details

Home Type

Apartment

Est. Annual Taxes

$882

Year Built

Built in 1890

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: 1890
  • 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

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

  • Owner Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 10950.0
  • Net Operating Income: 19386.0
  • Number of Units Total: 3
  • Operating Expense: 8553.0

Tax Info

  • Tax Annual Amount: 881.78
  • Tax Year: 2019

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
Feb 1, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Sharon Norton
RE/MAX Mid-Michigan R.E.
Buyer's Agent
Sharon Norton
RE/MAX Mid-Michigan R.E.
Sold Price
$50,000
Current Estimated Value
$99,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,188
Avg. Annual Appreciation
14.53%
Original Mortgage
$37,500
Outstanding Balance
$34,179
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$65,009

Purchase Details

Closed on
Jan 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2014
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
-- None Available
$50,000 None Available
-- Attorney
$28,334 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $37,500
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
06/11/2021 06/11/21 Sold $50,000 -- $37 / Sq Ft
03/31/2021 03/31/21 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 $1,432 $34,500 $0 $0
2025 $1,432 $32,800 $0 $0
2024 $14 $28,300 $0 $0
2023 $1,344 $25,000 $0 $0
2022 $1,480 $21,400 $0 $0
2021 $962 $16,800 $0 $0
2020 $950 $15,050 $0 $0
2019 $924 $14,600 $0 $0
2018 $882 $13,650 $0 $0
2017 $808 $15,100 $0 $0
2016 $527 $15,300 $15,300 $0
2015 $728 $12,450 $12,450 $0
2014 $728 $15,050 $15,050 $0
2013 -- $15,050 $15,050 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Norton

    Seller's Agent in 2021

    Sharon Norton

    RE/MAX Michigan

    (517) 789-9945

    2 in this area

    68 Total Sales

    Sharon Norton
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Map

Source: MichRIC

MLS Number: 21034763

MichRIC

APN: 3-229300000

Michigan Jackson County Jackson 49203 Falling Waters

1405 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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