NOT LISTED FOR SALE

2885 N Oak Creek Dr Unit 2883 N. Oak Creek Dr Jackson, MI 49201

Estimated Value: $241,000 - $271,000

-- Bed
4 Baths
2,036 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $100,000 $49 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,756/month

27 Days on Market

About This Home

As of December 2016

Nice investment opportunity in country subdivision. Northwest Schools. Many updates done on both units in past couple of years. Easy to maintain. Electric and natural gas already split. Only one well & septic systems.

Last Agent to Sell the Property

David Allard

SPROAT REALTY PROFESSIONALS License #6501286875 Listed on: 08/24/2016

Last Buyer's Agent

Debbie Crownover

RE/MAX MID-MICHIGAN R.E. License #6502123236

RE/MAX MID-MICHIGAN R.E.

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 0.4

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Well
  • Septic System

Additional Features

  • Crawl Space
  • 0.4 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, trash collection, gas

Community Details

Overview

  • Oak Creek Subdivision

Building Details

  • Operating Expense $8,555
  • Net Operating Income $29,125

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 114900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424.0

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Gas

Multi Family

  • Net Operating Income: 29125.0
  • Operating Expense: 8555.0

Tax Info

  • Tax Annual Amount: 2795.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 30, 2016
Sold by
Layton Scott E and Layton Catherine A
Bought by
Staudinger Craig and Balluff William N
Seller's Agent
David Allard
SPROAT REALTY PROFESSIONALS
Buyer's Agent
Debbie Crownover
RE/MAX MID-MICHIGAN R.E.
Sold Price
$100,000
Current Estimated Value
$261,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,895
Avg. Annual Appreciation
11.45%
Original Mortgage
$75,000
Outstanding Balance
$61,951
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$193,418

Purchase Details

Closed on
Apr 28, 2004
Sold by
Layton Lisa M
Bought by
Layton Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 11, 2001
Sold by
Sosinski James H and Sosinski Teresa A
Bought by
Layton Scott E and Layton Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
7.03%

Purchase Details

Closed on
Dec 18, 1998
Sold by
Williams Charles K
Bought by
Sosinski James H

Purchase Details

Closed on
Jul 1, 1993
Bought by
Williams
Source: Public Records

Range of Values:

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
Staudinger Craig $100,000 None Available
Layton Scott E -- Midstate Title Company
Layton Scott E $138,000 --
Sosinski James H $126,000 --
Williams -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staudinger Craig $75,000
Previous Owner Layton Scott E $118,400
Previous Owner Layton Scott E $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $100,000 -- $49 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
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 $3,953 $118,500 $118,500 $0
2024 $1,376 $112,800 $112,800 $0
2023 $1,310 $106,600 $106,600 $0
2022 $3,586 $107,700 $107,700 $0
2021 $3,526 $88,500 $88,500 $0
2020 $3,472 $81,400 $0 $0
2019 $3,395 $75,700 $0 $0
2018 $3,342 $69,000 $0 $0
2017 $3,191 $66,900 $0 $0
2016 $2,361 $61,400 $61,400 $0
2015 $2,809 $59,100 $59,100 $0
2014 $2,809 $59,800 $59,800 $0
2013 -- $59,800 $59,800 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Allard

    SPROAT REALTY PROFESSIONALS

    (517) 204-4039

    69 Total Sales

    David Allard
    Section Image
  • Debbie Crownover

    Buyer's Agent in 2016

    Debbie Crownover

    RE/MAX Michigan

    (517) 789-8290

    189 Total Sales

    Debbie Crownover
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21035333

Southwestern Michigan Association of REALTORS®

APN: 000-03-27-302-001-00

Michigan Jackson County Jackson 49201

2885 N Oak Creek Dr Unit 2883 N. Oak Creek Dr, Jackson, MI

This home is located at 2885 N Oak Creek Dr Unit 2883 N. Oak Creek Dr, Jackson, MI 49201 since 24 August 2016 and is currently estimated at $261,895, approximately $128 per square foot. This property was built in 1960. 2885 N Oak Creek Dr Unit 2883 N. Oak Creek Dr is a home located in Jackson County with nearby schools including Northwest Elementary School, Northwest Early Elementary School, and Northwest Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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