NOT LISTED FOR SALE

2015 Chapin St Jackson, MI 49203

Poletown Neighborhood

Estimated Value: $63,000 - $147,000

5 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: October 31, 2014

Last sale price $29,500

Est. 258% increase in value since last sale

Current estimated payment $679 / mo

106 Days on Market

About This Home

As of October 2014

Great investment opportunity producing 35% CAP Rate. Return on Investment at approximately 36 months. A great buy for your first investment or to add to your portfolio. Two story brick building offering 3 units. Several updates including roof and more. Contact listing agent for your private tour of this home.

Last Agent to Sell the Property

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 06/30/2014

Last Buyer's Agent

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 06/30/2014

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66x107

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • East Add No 5 Subdivision

Building Details

  • Operating Expense $11,760
  • Gross Income $22,200
  • Net Operating Income $38,082

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Brick
  • List Price: 29500.0
  • 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, Space Heater
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 66x107

Rental Info

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

Multi Family

  • Gross Income: 22200.0
  • Net Operating Income: 38082.0
  • Number of Units Total: 3
  • Operating Expense: 11760.0

Tax Info

  • Tax Annual Amount: 876.0
  • Tax Year: 14

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
Dec 3, 2019
Sold by
Bought by
Current Estimated Value
$105,708

Purchase Details

Closed on
May 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,320
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,320
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

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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
-- None Available
-- At
$82,900 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 $66,320
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
10/31/2014 10/31/14 Sold $29,500 -- --
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
2025 -- $0 $0 $0
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2020 $2,969 $0 $0 $0
2019 $1,181 $24,850 $0 $0
2018 $1,943 $25,100 $0 $0
2017 $1,240 $24,300 $0 $0
2016 $890 $21,400 $21,400 $0
2015 $819 $15,900 $15,900 $0
2014 $819 $13,200 $0 $0
2013 -- $13,200 $13,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

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Map

Source: MichRIC

MLS Number: 21032634

MichRIC

APN: 6-106500000

Michigan Jackson County Jackson 49203 Poletown

2015 Chapin 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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