NOT LISTED FOR SALE

175 W Prospect St Jackson, MI 49203

Exchange Neighborhood

Estimated Value: $73,000 - $92,059

3 Beds
2 Baths
-- Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: January 7, 2022

Last sale price $58,000

Est. 42% increase in value since last sale

Current estimated payment $571 / mo

3 Days on Market

About This Home

As of January 2022

City Certified cash flowing duplex offering upper/lower units. Lower unit offers 2BR's, living room w/ electric fireplace, kitchen w/ eating area. Lower Level Leased through 12/2022, rented for $600 per month. Upper unit offers 2 stairways up, 1 BR, living room, hardwood floors, kitchen w/ eating area. Full basement offers laundry hook up, 2 water heaters & 2 furnaces & storage space for tenants. Parking on side of driveway and in back of home. Owners pay for Water, Sewer & Trash Service. Would be great for an owner/occupant w/ upper level currently vacant or could place new tenant in that unit. Duplex is on City Bus Route with pickup/drop offs very close by. Near Ella Sharp Park as well! Long time owners are retiring.

Last Agent to Sell the Property

Heather Herndon

Howard Hanna Real Estate Services License #6501335416 Listed on: 12/03/2021

Howard Hanna Real Estate Services

Last Buyer's Agent

MichRIC Non-Member

NON-MEMBER REALTOR 'LIST'

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $739

Year Built

  • Built in 1930

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 100x128

Home Design

  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

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

Community Details

Overview

  • 2 Units
  • Harmon's Addition Subdivision

Building Details

  • Insurance Expense $1,242
  • Utility Expense $2,143
  • Operating Expense $3,385
  • Gross Income $13,740
  • Net Operating Income $10,355

Property Details

Home Type

Apartment

Est. Annual Taxes

$739

Year Built

Built in 1930

Lot Details

0.29 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • Driveway:Driveway: Gravel
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: None
  • Extras:Extras: Sep Electric Meter, Sep Gas Meter
  • Lot Description:Lot Description: Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 49900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 100x128
  • Lot Size Sq Ft: 12632.0

Rental Info

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

Multi Family

  • Gross Income: 13740.0
  • Insurance Expense: 1242.0
  • Net Operating Income: 10355.0
  • Number of Units Total: 2
  • Operating Expense: 3385.0

Tax Info

  • Tax Annual Amount: 738.92
  • Tax Year: 2021

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

Closed on
Apr 27, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Current Estimated Value
$82,265

Purchase Details

Closed on
Jun 27, 2005
Sold by
Juarez Raphael
Bought by
Intrepid Investments Pcf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,150
Interest Rate
2.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Thomas Judy C
Bought by
Juarez Raphael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,150
Interest Rate
2.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Exchange, MI

  • Dawn Buehrer-Butts Real Estate Agent - Coldwell Banker Beiswanger Realty Group

    Dawn Buehrer-Butts

    Coldwell Banker Beiswanger Realty Group

    (517) 594-4045

    73 Total Sales

    3 in Exchange

    $175K - $200K Price Range

    Dawn Buehrer-Butts
     Section Image
  • Doug Beiswanger Real Estate Agent - Coldwell Banker Beiswanger Realty Group

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    (517) 684-2922

    411 Total Sales

    5 in Exchange

    $65K - $375K Price Range

    Doug Beiswanger
     Section Image
  • Morgan Meredith Real Estate Agent - KELLER WILLIAMS LANSING

    Morgan Meredith

    KELLER WILLIAMS LANSING

    (517) 777-8043

    312 Total Sales

    1 in Exchange

    $45,000 Price

    Morgan Meredith
     Section Image
  • Brock Fletcher Real Estate Agent - Keller Williams Lansing East

    Brock Fletcher

    Keller Williams Lansing East

    (517) 696-6275

    278 Total Sales

    2 in Exchange

    $45,000 Price Range

    Brock Fletcher
     Section Image
  • Missy Lord Real Estate Agent - RE/MAX Real Estate Professionals Dewitt

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    (517) 272-8399

    589 Total Sales

    4 in Exchange

    $70K - $146K Price Range

    Missy Lord
     Section Image
  • John O'Dowd Real Estate Agent - Century 21 Affiliated - Jackson

    John O'Dowd

    Responds Quickly

    Century 21 Affiliated - Jackson

    (517) 960-2775

    65 Total Sales

    1 in Exchange

    $83,000 Price

    John O'Dowd
     Section Image
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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
-- Parks Title
Intrepid Investments Pcf Llc -- --
Juarez Raphael $83,500 At
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
Previous Owner $75,150
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
01/07/2022 01/07/22 Sold $58,000 +16.2% --
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $49,900 -- --
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 $1,427 $30,700 $0 $0
2025 $1,427 $27,600 $0 $0
2024 $14 $25,900 $0 $0
2023 $1,340 $22,400 $0 $0
2022 $710 $19,100 $0 $0
2021 $703 $16,550 $0 $0
2020 $1,014 $15,200 $0 $0
2019 $675 $11,750 $0 $0
2018 $644 $9,400 $0 $0
2017 $600 $9,350 $0 $0
2016 $575 $10,300 $10,300 $0
2015 $806 $12,550 $12,550 $0
2014 $806 $13,000 $13,000 $0
2013 -- $13,000 $13,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Herndon Real Estate Agent - Howard Hanna Real Estate Services

    Seller's Agent in 2022

    Heather Herndon

    Howard Hanna Real Estate Services

    (517) 787-9800

    6 in this area

    748 Total Sales

    Heather Herndon
    Section Image

  • MN

    Buyer's Agent in 2022

    MichRIC Non-Member

    NON-MEMBER REALTOR 'LIST'

See All Agents

Map

Source: MichRIC

MLS Number: 21117198

MichRIC

APN: 4-163200000

Michigan Jackson County Jackson 49203 Exchange

175 W Prospect St, Jackson, MI

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