NOT LISTED FOR SALE

202 S Gorham St Jackson, MI 49203

Poletown Neighborhood

Estimated Value: $104,000 - $130,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $67,900

Est. 68% increase in value since last sale

Current estimated payment $803/month

8 Days on Market

About This Home

As of June 2021

Nice 2 Unit Home - Each Unit has 2 Bedrooms/1 Bath. Each Unit is Occupied. Each Unit has their own Driveway parking, with parking on Street. City Certified 2021.

Last Agent to Sell the Property

Jessie Koebbe-Wood

HOWARD HANNA REAL ESTATE SERVI License #6501326900 Listed on: 05/18/2021

HOWARD HANNA REAL ESTATE SERVI

Last Buyer's Agent

Tim Rilett

PRODUCTION REALTY - GRASS LAKE License #6501395295

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Listing and Financial Details

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

Community Details

Overview

  • East Add Subdivision

Building Details

  • Operating Expense $250
  • Net Operating Income $2,550

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,381

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 74900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2

Rental Info

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

Multi Family

  • Net Operating Income: 2550.0
  • Operating Expense: 250.0

Tax Info

  • Tax Annual Amount: 1381.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 22, 2021
Sold by
Park Alan and Gan Wenxiu
Bought by
Tlc Ira Llc
Seller's Agent
Jessie Koebbe-Wood
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Tim Rilett
PRODUCTION REALTY - GRASS LAKE
Sold Price
$67,900
Current Estimated Value
$113,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,984
Avg. Annual Appreciation
12.06%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Mar 29, 2018
Sold by
Long Cleedis
Bought by
Park Alan and Gan Wenxiu
Seller's Agent
George Pierson
Home 1st Real Estate
Buyer's Agent
Kellie Garris
HOWARD HANNA REAL ESTATE SERVI
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$45,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Tlc Ira Llc $67,900 None Available
Park Alan $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Alan $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2021 06/24/21 Sold $67,900 +13.2% --
05/26/2021 05/26/21 Pending -- -- --
03/29/2018 03/29/18 Sold $60,000 -- -- View Prior Sale
01/18/2018 01/18/18 Pending -- -- --
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
2025 $2,497 $56,300 $0 $0
2024 $2,160 $44,700 $0 $0
2023 $2,072 $36,200 $0 $0
2022 $2,282 $33,000 $0 $0
2021 $1,399 $29,100 $0 $0
2020 $1,381 $27,150 $0 $0
2019 $1,344 $19,150 $0 $0
2018 $977 $17,600 $0 $0
2017 $896 $16,950 $0 $0
2016 $772 $14,900 $14,900 $0
2015 $1,083 $13,800 $13,800 $0
2014 $1,083 $17,450 $17,450 $0
2013 -- $17,450 $17,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessie Koebbe-Wood

    Seller's Agent in 2021

    Jessie Koebbe-Wood

    HOWARD HANNA REAL ESTATE SERVI

    (517) 812-9415

    1 in this area

    122 Total Sales

    Jessie Koebbe-Wood
    Section Image
  • Tim Rilett

    Buyer's Agent in 2021

    Tim Rilett

    PRODUCTION REALTY - GRASS LAKE

    (517) 414-8018

    5 in this area

    41 Total Sales

    Tim Rilett
    Section Image
  • George Pierson

    Seller's Agent in 2018

    George Pierson

    Home 1st Real Estate

    (517) 740-8910

    23 Total Sales

    George Pierson
    Section Image
  • Kellie Garris

    Buyer's Agent in 2018

    Kellie Garris

    HOWARD HANNA REAL ESTATE SERVI

    (517) 206-5449

    12 Total Sales

    Kellie Garris
    Section Image
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Map

Source: MichRIC

MLS Number: 21095224

MichRIC

APN: 6-088500000

Michigan Jackson County Jackson 49203 Poletown

202 S Gorham St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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