NOT LISTED FOR SALE

Estimated Value: $536,000 - $562,000

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

Last Sold August 14, 2020

Last sale price $388,000

Est. 41% increase in value since last sale

Current estimated payment $3,900/month

74 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • 4-minute walk to Veteran's Park
  • Eberwhite Elementary School Rated A
  • Community Storage Space

About This Home

As of August 2020

This home is located at 2125 Jackson Ave, Ann Arbor, MI 48103 since 21 May 2020 and is currently estimated at $546,361. This property was built in 1951. 2125 Jackson Ave is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Joel Zell

The Charles Reinhart Company License #6501375429 Listed on: 05/21/2020

The Charles Reinhart Company

Last Buyer's Agent

Wai Ching Au

Keller Williams Ann Arbor Mrkt License #6501395605

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66'x134'

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Eberwhite Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1951
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 66'X134'
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 9801.0
  • Tax Info:Zoning3: R1C
  • General Property Info:Total _pound_ Units: 2
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • Substructure:Walk Out: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Eberwhite
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab, Walk Out, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 425000.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Eberwhite
  • High School: Pioneer
  • Middle/Junior School: Slauson

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66'X134'
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R1C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 33600.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 9801.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Aug 14, 2020
Sold by
2120 Jackson Avenue Llc
Bought by
Huang Jingtong and Huang Jindeng
Seller's Agent
Joel Zell
The Charles Reinhart Company
Buyer's Agent
Wai Ching Au
Keller Williams Ann Arbor Mrkt
List Price
$445,000
Sold Price
$388,000
Premium/Discount to List
-$57,000
-12.81%
Current Estimated Value
$548,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,752
Avg. Annual Appreciation
7.09%
Original Mortgage
$310,400
Outstanding Balance
$276,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$269,653

Purchase Details

Listed on
Sep 20, 2016
Closed on
Feb 21, 2017
Sold by
Nicholaescu Gamily Limited Partnershgip
Bought by
2125 Jackson Ave
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Sean Smith
Coldwell Banker Professionals
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$272,000
Interest Rate
4.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Huang Jingtong $388,000 Liberty Title
2125 Jackson Ave $340,000 American Title Co Of Washten
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Jideng $310,400
Previous Owner 2125 Jackson Ave $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $388,000 -12.8% --
08/03/2020 08/03/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $445,000 +30.9% --
02/21/2017 02/21/17 Sold $340,000 -2.9% --
02/16/2017 02/16/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $350,000 -- --
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 $10,747 $241,600 $0 $0
2024 $10,008 $219,400 $0 $0
2023 $9,228 $223,100 $0 $0
2022 $10,055 $197,700 $0 $0
2021 $10,127 $197,400 $0 $0
2020 $9,139 $215,300 $0 $0
2019 $9,801 $154,100 $154,100 $0
2018 $11,540 $180,600 $0 $0
2017 $6,463 $161,100 $0 $0
2016 $5,029 $101,780 $0 $0
2015 $6,039 $101,476 $0 $0
2014 $6,039 $98,306 $0 $0
2013 -- $98,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19889

Southwestern Michigan Association of REALTORS®

APN: 09-30-209-013