Seller's Agent in 2025
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
11 in this area
457 Total Sales
306 N Elm Ave Jackson, MI 49202
Loomis Neighborhood
--
Bed
--
Bath
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Forced Air Heating System
- High Speed Internet
- Level Lot
- 4 Car Garage
About This Home
As of August 2025Located on the north side of the City of Jackson, this PROFESSIONALLY MANAGED and CITY CERTIFIED TRIPLEX investment property is ready for its new owners. Priced above market CAP rate and indicative of achieving any lender required DSCR for financing, the property offers a turn key opportunity. Transit, shopping, and dining in the immediate area. Additional properties in this portfolio are available offering investors the opportunity to purchase multiple locations. Contact REALTOR to learn more about this offering.
Last Agent to Sell the Property
Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 08/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,650
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Level Lot
Parking
- 4 Car Garage
Home Design
- Composition Roof
- Vinyl Siding
Laundry
- Washer and Gas Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Phone Connected
- Cable TV Available
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Community Details
Overview
- 3 Units
- East Add Subdivision
Building Details
- Operating Expense $15,140
- Gross Income $31,440
- Net Operating Income $16,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2020
Closed on
Sep 11, 2020
Sold by
Rice Investments Llc
Bought by
Gaskill Greg Wiliam and Gaskill Linda Gay
Seller's Agent
Crystal LeFaive
ERA REARDON REALTY, L.L.C.
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$75,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,459
Avg. Annual Appreciation
14.43%
Original Mortgage
$56,250
Outstanding Balance
$49,826
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$103,633
Purchase Details
Closed on
Sep 16, 2003
Sold by
Rice David L and Rice David Lawrence
Bought by
Rice Investments Llc
Purchase Details
Closed on
Jun 25, 2003
Sold by
Holsworth David B and Hosworth David B
Bought by
Rice David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
Sold by
Thurow Norma R and Thurow George C
Bought by
Hosworth David B and Holsworth David B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $56,250 | New Conventional | |
| Previous Owner | $76,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $155,000 | -6.1% | -- | |
| 08/06/2025 08/06/25 | For Sale | $165,000 | +120.0% | -- | |
| 09/15/2020 09/15/20 | Sold | $75,000 | -- | -- | View Prior Sale |
| 07/19/2020 07/19/20 | Pending | -- | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $2,610 | $61,800 | $0 | $0 |
| 2024 | $23 | $49,900 | $0 | $0 |
| 2023 | $2,167 | $41,000 | $0 | $0 |
| 2022 | $2,386 | $37,700 | $0 | $0 |
| 2021 | $2,361 | $33,400 | $0 | $0 |
| 2020 | $1,412 | $31,200 | $0 | $0 |
| 2019 | $1,373 | $24,800 | $0 | $0 |
| 2018 | $1,310 | $22,800 | $0 | $0 |
| 2017 | $1,201 | $22,250 | $0 | $0 |
| 2016 | $1,019 | $19,300 | $19,300 | $0 |
| 2015 | $1,433 | $18,200 | $18,200 | $0 |
| 2014 | $1,433 | $23,100 | $0 | $0 |
| 2013 | -- | $23,100 | $23,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Beiswanger
-
Katherine Stewart
K
Buyer's Agent in 2025
Katherine Stewart
ERA REARDON REALTY, L.L.C.
(517) 962-9092
1 in this area
50 Total Sales
-
Crystal LeFaive
C
Seller's Agent in 2020
Crystal LeFaive
ERA REARDON REALTY, L.L.C.
(517) 937-2062
23 Total Sales
Map
Source: MichRIC
MLS Number: 25039490
APN: 7-101400000
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Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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