NOT LISTED FOR SALE

1910 W Franklin St Jackson, MI 49203

Estimated Value: $110,000 - $134,000

2 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold May 07, 2024

Last sale price $110,000

Est. 11% increase in value since last sale

Current estimated payment $772/month

3 Days on Market

About This Home

As of May 2024

Welcome to this income-generating gem located in the heart of Summit Township! This property features two units, bringing in $1550/month in rental income, ensuring a stable and lucrative investment. With 2 separate buildings, tenants enjoy spacious and comfortable living spaces. Conveniently situated close to shopping centers, restaurants, and doctor offices, tenants will appreciate the easy access to amenities. Don't miss out on this fantastic opportunity to capitalize on Summit Township's thriving real estate market!

Last Agent to Sell the Property

Jeff Windham

ERA REARDON REALTY, L.L.C. License #6501390464 Listed on: 04/09/2024

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Cliff Risner

Executive Brokers Residential and Commercial Real Estate License #6502432896

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 143 x 40
  • Flag Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 143 x 40
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1443.8
  • Tax Info:Zoning3: RU1
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: 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
  • Util Avail at Street:Cable2: Yes
  • Driveway:Gravel: Yes
  • Lot Description:Flag Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 110000.0
  • Lot Features: Flag Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 143 x 40
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: RU1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1443.8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 19, 2017
Sold by
Winn Bolli Llc
Bought by
Frattini Mark J
Seller's Agent
Zach Williams
Next Step Realty
Buyer's Agent
Timothy Atkins
ERA REARDON REALTY, L.L.C.
Sold Price
$38,400
Current Estimated Value
$121,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,394
Avg. Annual Appreciation
14.96%
Original Mortgage
$28,800
Outstanding Balance
$23,975
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$97,819

Purchase Details

Closed on
Jun 26, 2014
Sold by
Winn Gayle A
Bought by
Winn Bolli Llc
Source: Public Records

Range of Values:

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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
Frattini Mark J $38,400 Attorney
Winn Bolli Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frattini Mark J $28,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $110,000 0.0% --
04/09/2024 04/09/24 For Sale $110,000 +186.5% --
06/19/2017 06/19/17 Sold $38,400 -- -- View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

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 $1,512 $54,400 $0 $0
2024 $1,147 $43,700 $0 $0
2023 $1,099 $38,900 $0 $0
2022 $1,381 $34,800 $0 $0
2021 $1,355 $33,000 $0 $0
2020 $1,336 $30,100 $0 $0
2019 $1,319 $27,200 $0 $0
2018 $1,281 $23,000 $0 $0
2017 $997 $21,600 $0 $0
2016 $783 $20,200 $20,200 $0
2015 $821 $18,700 $18,700 $0
2014 $821 $17,700 $17,700 $0
2013 -- $17,700 $17,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24016575

Southwestern Michigan Association of REALTORS®

APN: 090-13-04-113-117-00