Morgan Meredith
KELLER WILLIAMS LANSING
(517) 777-8043
309 Total Sales
2 in Loomis
$79K - $212K Price Range
306 N Elm Ave Jackson, MI 49202
Loomis NeighborhoodEstimated Value: $150,000 - $171,000
3
Beds
3
Baths
--
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
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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
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
Listed on
Jun 1, 2020
Closed on
Sep 11, 2020
Sold by
Bought by
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
$85,598
Avg. Annual Appreciation
13.83%
Original Mortgage
$56,250
Outstanding Balance
$48,665
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$111,933
Purchase Details
Closed on
Sep 16, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 2003
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
$76,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
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
$76,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Loomis, MI
-
Morgan Meredith
-
Scott Timms
Scott Timms
Coldwell Banker Beiswanger Realty Group
(517) 684-2987
138 Total Sales
3 in Loomis
$100K - $219K Price Range
-
Jerlee Taylor-Bond
Jerlee Taylor-Bond
RE/MAX Platinum
(734) 418-6122
68 Total Sales
2 in Loomis
$140,000 Price Range
-
Lisa Bartleman
Lisa Bartleman
Norfolk Realty Limited
(947) 224-7147
97 Total Sales
2 in Loomis
$187K - $195K Price Range
-
Karrie Brunner
Karrie Brunner
Campbell Caron Real Estate
(269) 775-4549
27 Total Sales
2 in Loomis
$125,000 Price Range
-
Missy Lord
Missy Lord
RE/MAX Real Estate Professionals Dewitt
(517) 272-8399
576 Total Sales
1 in Loomis
$117,000 Price
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 |
|---|---|---|---|
| $75,000 | None Available | ||
| -- | -- | ||
| $85,000 | -- | ||
| $80,000 | -- |
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 | $56,250 | ||
| Previous Owner | $76,500 |
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 | 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
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 | $2,308 | $63,800 | $0 | $0 |
| 2025 | $2,308 | $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
Seller's Agent in 2025
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 914-9555
10 in this area
409 Total Sales
-
Katherine Stewart
K
Buyer's Agent in 2025
Katherine Stewart
ERA Reardon Realty, L.L.C.
(517) 962-9092
1 in this area
57 Total Sales
-
Crystal LeFaive
C
Seller's Agent in 2020
Crystal LeFaive
ERA Reardon Realty, L.L.C.
(517) 937-2062
20 Total Sales
Map
Source: MichRIC
MLS Number: 25039490
APN: 7-101400000
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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