NOT LISTED FOR SALE

Estimated Value: $174,000 - $204,000

3 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold March 19, 2018

Last sale price $79,000

Est. 136% increase in value since last sale

Current estimated payment $1,192/month

124 Days on Market

About This Home

As of March 2018

R2 zoned property in an area of nice homes. Currently in final stages of 2017 City of Jackson Certification. Steady income stream with high occupancy rates. The numbers work. Both places have good kitchens and baths. Front home, 208 N. Webster, is a 3 bedroom and 1.5 bath property. Large living room. Formal dining. Laundry hookup in basement. 210 N. Webster, home in rear, is a 1 bedroom and 1 bath home, up. It has an open first floor plan with kitchen, eating and living room. Take a look.

Last Agent to Sell the Property

CHRISTOPHER SPICER

GOOD EARTH REAL ESTATE, LLC License #6501385374 Listed on: 09/18/2017

Last Buyer's Agent

Brandon McClinchey

ERA REARDON REALTY, L.L.C. License #6501401186

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Slab Foundation

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Net Operating Income $27,400

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 89900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 27400.0
  • Number of Units Total: 2
  • Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2089.14
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Mar 15, 2018
Sold by
Mehelas David J and Mehelas Phillip M
Bought by
Becker Kristen M
Seller's Agent
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
Brandon McClinchey
ERA REARDON REALTY, L.L.C.
Sold Price
$79,000
Current Estimated Value
$186,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,425
Avg. Annual Appreciation
11.65%
Original Mortgage
$71,100
Outstanding Balance
$60,840
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$125,585
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Becker Kristen M $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker Kristen M $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $79,000 -- --
01/20/2018 01/20/18 Pending -- -- --
06/25/2015 06/25/15 Rented -- -- --
06/21/2015 06/21/15 Under Contract -- -- --
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 $2,620 $65,100 $0 $0
2024 $2,193 $58,200 $0 $0
2023 $2,108 $45,000 $0 $0
2022 $2,399 $45,300 $0 $0
2021 $2,339 $40,950 $0 $0
2020 $2,313 $43,050 $0 $0
2019 $2,247 $38,450 $0 $0
2018 $1,903 $41,100 $0 $0
2017 $2,108 $39,800 $0 $0
2016 $1,817 $39,000 $39,000 $0
2015 $1,982 $39,700 $39,700 $0
2014 $1,982 $31,950 $31,950 $0
2013 -- $31,950 $31,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034780

MichRIC

APN: 2-024200000