NOT LISTED FOR SALE

306 1st St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $72,000 - $458,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 19, 2012

Last sale price $152,000

Est. 104% increase in value since last sale

Current estimated payment $1,684/month

224 Days on Market

About This Home

As of January 2012

This is 7 units. 6 buildings total. 34 units total. 6 apartments currently listed. Bank owned. No land contracts. Under $6,000 per unit. Other addresses are 403 W. Washington, 407 W. Washington, 411 W. Washington, 309 Second St., 308 First St.

Last Agent to Sell the Property

Marc Meyer

THINKING REAL ESTATE License #6501267202 Listed on: 06/01/2011

Last Buyer's Agent

Ray Snell

EXIT REALTY 1ST LLC License #6501330536

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 63x135

Basement

  • Basement Fills Entire Space Under The House

Community Details

  • 7 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Year Built: 1920
  • General Property Info:Lot Dimensions: 63x135
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1482.31
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 7
  • Substructure:Full: Yes
  • Location Property Info:Subdivision2: None
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • List Price: 199999.0
  • Water Body Name: None
  • Waterfront: No

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 63x135
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 7

Tax Info

  • Tax Annual Amount: 1482.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2011
Closed on
Jan 19, 2012
Sold by
Republic Bank
Bought by
Ferris Frank
Seller's Agent
Marc Meyer
THINKING REAL ESTATE
Buyer's Agent
Ray Snell
EXIT REALTY 1ST LLC
Sold Price
$152,000
Current Estimated Value
$309,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,333
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Feb 17, 2004
Sold by
Creech Frank E and Creech Marjorie
Bought by
Jbj Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ferris Frank $152,000 At
Jbj Real Estate Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jbj Real Estate Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2012 01/19/12 Sold $152,000 -- --
01/11/2012 01/11/12 Pending -- -- --
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 $820 $9,600 $0 $0
2024 $816 $2,800 $0 $0
2023 $837 $1,800 $0 $0
2022 $863 $2,400 $0 $0
2021 $886 $900 $0 $0
2020 $29 $850 $0 $0
2019 $29 $500 $0 $0
2018 $27 $400 $0 $0
2017 $26 $550 $0 $0
2016 $22 $600 $600 $0
2015 $31 $400 $400 $0
2014 $31 $500 $500 $0
2013 -- $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marc Meyer

    THINKING REAL ESTATE

    Section Image

  • R

    Buyer's Agent in 2012

    Ray Snell

    EXIT REALTY 1ST LLC

    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 21035661

MichRIC

APN: 3-003900000

Michigan Jackson County Jackson 49201 Under the Oaks

306 1st St, Jackson, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes