NOT LISTED FOR SALE

152 E Mansion St Jackson, MI 49203

Exchange Neighborhood

Estimated Value: $104,516

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 03, 2015

Last sale price $10,800

Est. 868% increase in value since last sale

Current estimated payment $653/month

76 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 1-minute walk to Exchange Park

About This Home

As of December 2015

Great investment opportunity producing great CAP Rate. Return on Investment at approximately 24 months. Live in one side and rent the other or keep this as a 2 unit investment. A great buy for your first investment or to add to your portfolio. Single story building offering 2 units on main level. Walking distance to community park with playground and more. Call with your questions or to schedule your private tour.

Last Agent to Sell the Property

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 08/21/2015

Last Buyer's Agent

Tad French

Heart for Homes, LLC License #6501345481

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x124

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, gas

Community Details

Overview

  • 2 Units
  • Jackson Land Improvements Subdivision

Building Details

  • Operating Expense $5,684
  • Net Operating Income $19,770

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1918
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35x124
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 456.0
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 2
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: Jackson Land Improvements
  • Substructure:Crawl Space: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 17000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Utilities

  • Heating: Space Heater, Forced Air, Natural Gas
  • Heating: Yes

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Net Operating Income: 19770.0
  • Number of Units Total: 2
  • Operating Expense: 5684.0

Tax Info

  • Tax Annual Amount: 456.0
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Jan 7, 2016
Sold by
City Of Jackson
Bought by
John George Home Inc
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Tad French
Heart for Homes, LLC
Sold Price
$10,800
Current Estimated Value
$104,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,716

Purchase Details

Listed on
Aug 21, 2015
Closed on
Dec 3, 2015
Sold by
Smith David L
Bought by
The City Of Jackson
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Tad French
Heart for Homes, LLC
Sold Price
$10,800

Purchase Details

Listed on
Apr 5, 2013
Closed on
May 29, 2013
Sold by
Alpha Share Pty Ltd
Bought by
Smith David L
Seller's Agent
Amy Tucker
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$9,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jan 28, 2012
Sold by
Galaxy Real Estate Llc
Bought by
Alpha Share Pty Ltd

Purchase Details

Closed on
Apr 19, 2011
Sold by
Chmielewski Christopher and Chmielewski Barbara
Bought by
Galaxy Real Estate Llc

Purchase Details

Closed on
Nov 17, 2006
Sold by
Haney Robert
Bought by
Atkinson William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
John George Home Inc -- At
The City Of Jackson $10,800 At
Smith David L $9,000 Midstate Title Agency Of Sou
Alpha Share Pty Ltd -- None Available
Galaxy Real Estate Llc $9,500 At
Chmielewski Christopher $5,000 At
Atkinson William -- Title Network Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2015 12/03/15 Sold $10,800 +20.0% --
05/28/2013 05/28/13 Sold $9,000 -- -- 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
2024 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 -- $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $450 $7,000 $7,000 $0
2014 $450 $7,250 $0 $0
2013 -- $7,250 $7,250 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    Section Image
  • Tad French

    Buyer's Agent in 2015

    Tad French

    Heart for Homes, LLC

    (517) 745-2654

    2 in this area

    118 Total Sales

    Tad French
    Section Image

  • A

    Seller's Agent in 2013

    Amy Tucker

    HOWARD HANNA REAL ESTATE SERVI

    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Beverly Uddin

    HOWARD HANNA REAL ESTATE SERVI

    Section Image
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Map

Source: MichRIC

MLS Number: 21032780

MichRIC

APN: 5-170200000

Michigan Jackson County Jackson 49203 Exchange

152 E Mansion St, Jackson, MI

Not Listed for Sale

MultiFamily

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