NOT LISTED FOR SALE

2901 Page Ave Jackson, MI 49203

Estimated Value: $174,000 - $248,475

6 Beds
5 Baths
-- Sq Ft
22,651 Sq Ft

Last Sold March 06, 2019

Last sale price $70,000

Est. 201% increase in value since last sale

Current estimated payment $1,426/month

11 Days on Market

Highlights

  • Corner Lot
  • Space Heater
  • Wood Siding

About This Home

As of March 2019

MULTI-FAMILY HOME- Calling all investors! Come check out this large multi-family home located in Summit Twp. Currently, the home features four units in the main home with an additional unit above the 3-car garage. Most of the units are currently occupied. This home is being sold with (2) vacant adjoining parcels each with road frontage.

Last Agent to Sell the Property

Rachael Wingle

RE/MAX MID-MICHIGAN R.E. License #6501406237 Listed on: 12/01/2018

Last Buyer's Agent

Amy Gilpin

Production Realty License #6501309873

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 176x132
  • Corner Lot

Home Design

  • Wood Siding
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $2,327
  • Net Operating Income $27,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.52 Acres

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 94900.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Space Heater
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Dimensions: 176x132

Rental Info

  • Owner Pays: Water

Multi Family

  • Net Operating Income: 27740.0
  • Number of Units Total: 5
  • Operating Expense: 2326.54

Tax Info

  • Tax Annual Amount: 2260.54
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Wigent Robert George
Bought by
J & M Properties Llc
Current Estimated Value
$210,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$98,107
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$112,762

Purchase Details

Listed on
Dec 1, 2018
Closed on
Mar 5, 2019
Sold by
Wigent Robert George and Wigent Robert G
Bought by
Wigent Robert George and Wigent Robert George
Seller's Agent
Rachael Wingle
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
Amy Gilpin
Production Realty
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%
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
J & M Properties Llc $140,000 None Available
Wigent Robert George -- None Available
Wigent Robert George -- None Available
Wigent Robert George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Properties Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $70,000 -- --
12/12/2018 12/12/18 Pending -- -- --
Source: MichRIC

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 $4,118 $105,100 $0 $0
2024 $30 $100,400 $0 $0
2023 $2,827 $91,500 $0 $0
2022 $3,765 $77,900 $0 $0
2021 $3,457 $63,200 $0 $0
2020 $3,719 $61,700 $0 $0
2019 $2,500 $56,100 $0 $0
2018 $2,427 $55,000 $0 $0
2017 $2,083 $53,900 $0 $0
2016 $1,647 $52,900 $52,900 $0
2015 $1,993 $49,100 $49,100 $0
2014 $1,993 $48,700 $48,700 $0
2013 -- $48,700 $48,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21028832

MichRIC

APN: 265-13-01-429-034-00

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