NOT LISTED FOR SALE

307 3rd St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $72,000 - $153,000

3 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 31, 2024

Last sale price $70,000

Est. 61% increase in value since last sale

Current estimated payment $683/month

20 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Under the Oaks
  • Sharp Park Academy Rated A-

About This Home

As of October 2024

Looking for investment property this three unit in the City of Jackson is available. This rental properety is close to bus route and walking distance to downtown. Resently City Certified.

Last Agent to Sell the Property

Mary Shean

SPROAT REALTY PROFESSIONALS License #6502135904 Listed on: 10/04/2024

Last Buyer's Agent

MichRIC Non-Member

NON-MEMBER REALTOR 'LIST'

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 41.8 x 68

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Parking

  • 1 Parking Space
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 3 Units
  • Livermore Wood & Easton Subdivision

Listing and Financial Details

  • Tenant pays for electric, water, trash, sewer, gas
  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,124

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 53.46
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 41.8 x 68
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R3
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: Livermore Wood & Easton
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 85000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 41.8 x 68
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: R3

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1124.32
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na
Current Estimated Value
$112,675

Purchase Details

Closed on
Mar 31, 2006
Sold by
Hunt Jeffrey M and Hunt Kimberly C
Bought by
Bail Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 1999
Sold by
K & G Investments
Bought by
Hunt Jeffrey M and Hunt Kimberly C
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
Us Bank Na -- Prism Title & Closing Servic
Bail Joe $120,000 Chicago Title
Hunt Jeffrey M $64,500 Midstate Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bail Joe $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $70,000 -17.6% --
10/15/2024 10/15/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $85,000 0.0% --
10/02/2024 10/02/24 Off Market $85,000 -- --
09/25/2024 09/25/24 For Sale $85,000 -- --
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 $1,132 $38,000 $0 $0
2024 $10 $32,800 $0 $0
2023 $939 $30,600 $0 $0
2022 $1,035 $25,700 $0 $0
2021 $1,024 $20,300 $0 $0
2020 $1,011 $18,350 $0 $0
2019 $984 $17,800 $0 $0
2018 $938 $17,000 $0 $0
2017 $860 $17,650 $0 $0
2016 $742 $17,600 $17,600 $0
2015 $1,089 $13,250 $13,250 $0
2014 $1,089 $17,550 $17,550 $0
2013 -- $17,550 $17,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Shean

    Seller's Agent in 2024

    Mary Shean

    SPROAT REALTY PROFESSIONALS

    (517) 206-3229

    1 in this area

    122 Total Sales

    Mary Shean
    Section Image

  • M

    Buyer's Agent in 2024

    MichRIC Non-Member

    NON-MEMBER REALTOR 'LIST'

See All Agents

Map

Source: MichRIC

MLS Number: 24050661

MichRIC

APN: 3-010400000

Michigan Jackson County Jackson 49201 Under the Oaks

307 3rd St, Jackson, MI

Not Listed for Sale

MultiFamily

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