NOT LISTED FOR SALE

Estimated Value: $68,000 - $144,000

Studio
-- Bath
3,800 Sq Ft
$26/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2015

Last sale price $20,000 $5 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $564 / mo

356 Days on Market

About This Home

As of September 2015

Huge price reduction!!! 25000$ off for immediate sale!!! Great income potential with this 6 unit apartment building! Three 2 bedroom and three 1 bedroom units with refrigerator and stove. Lots of updates and city certified. Boiler was updated and certified along with all the electrical. New gutters with maintenance free exterior. 3 units are currently rented. All terms and conditions to be verified by purchaser.

Last Agent to Sell the Property

Rich Cook

ERA Reardon Realty, L.L.C. License #6501277357 Listed on: 09/08/2014

ERA Reardon Realty, L.L.C.

Last Buyer's Agent

Tad French

Heart for Homes, LLC License #6501345481

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 175x125

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 6 Units
  • Village Of Jacksonburg Subdivision

Building Details

  • Operating Expense $20,722
  • Gross Income $34,200
  • Net Operating Income $57,370

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Driveway:Driveway: Paved
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 34999.0
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 175x125

Rental Info

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

Multi Family

  • Gross Income: 34200.0
  • Net Operating Income: 57370.08
  • Number of Units Total: 6
  • Operating Expense: 20721.92

Tax Info

  • Tax Annual Amount: 1537.83
  • Tax Year: 2015

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
May 18, 2021
Sold by
Bought by
Current Estimated Value
$99,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.024%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2021
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
$75,000
Interest Rate
0.024%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2015
Sold by
Bought by

Purchase Details

Listed on
Sep 8, 2014
Closed on
Sep 30, 2015
Sold by
Bought by
Seller's Agent
Rich Cook
ERA Reardon Realty, L.L.C.
Buyer's Agent
Tad French
Heart for Homes, LLC
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%

Purchase Details

Listed on
Sep 8, 2014
Closed on
Sep 28, 2015
Sold by
Bought by
Seller's Agent
Rich Cook
ERA Reardon Realty, L.L.C.
Buyer's Agent
Tad French
Heart for Homes, LLC
Sold Price
$20,000

Purchase Details

Closed on
Jun 30, 2011
Sold by
Bought by

Purchase Details

Closed on
May 13, 2002
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
$117,675
Interest Rate
0.0716%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
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
$117,675
Interest Rate
0.0716%
Mortgage Type
Purchase Money Mortgage
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

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
$362 None Available
-- None Available
-- American Title Co Of Jackson
$20,000 At
-- At
$45,000 At
$115,000 --
$55,000 --
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
Open $75,000
Previous Owner $25,000
Previous Owner $110,000
Previous Owner $117,675
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
09/30/2015 09/30/15 Sold $20,000 -- $5 / Sq Ft
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
2026 $212 $800 $0 $0
2025 $212 $800 $0 $0
2024 $0 $500 $0 $0
2023 $37 $600 $0 $0
2022 $78 $1,100 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $1,358 $23,250 $23,250 $0
2014 $1,358 $21,200 $0 $0
2013 -- $21,200 $21,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21032792

MichRIC

APN: 4-019600000

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