NOT LISTED FOR SALE

307 S Webster St Jackson, MI 49203

Queens Neighborhood

Estimated Value: $170,681 - $284,000

6 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $110,000

Est. 109% increase in value since last sale

Current estimated payment $1,531/month

46 Days on Market

About This Home

As of July 2018

Wonderful investment opportunity in this side by side duplex. Features 3 bedrooms in each unit, 1 1/2 baths in one and 1 full bath in the other. Roof new in 2014. Lovely hardwood floors in both units. Tenant pays gas and electric. Perfect set up to live in one and rent the other. City certified.

Last Agent to Sell the Property

Sharon Norton

RE/MAX MID-MICHIGAN R.E. License #6501286070 Listed on: 04/25/2018

RE/MAX MID-MICHIGAN R.E.

Last Buyer's Agent

NON-MBR 'SOLD' NON-MBR 'SOLD'

NON-MEMBER REALTOR 'SOLD'

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1920

Lot Details

  • 6,970

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Operating Expense $8,672
  • Gross Income $11,956
  • Net Operating Income $18,307

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,561

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 120000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 11956.0
  • Net Operating Income: 18307.29
  • Operating Expense: 8671.71

Tax Info

  • Tax Annual Amount: 2560.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jul 31, 2018
Sold by
Meek Tamela and Majchrowski Karen
Bought by
Mccray Tracie
Seller's Agent
Sharon Norton
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$110,000
Current Estimated Value
$229,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,920
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jul 5, 2005
Sold by
Kirby Marcus J and Kirby Heidi J
Bought by
Satus Llc

Purchase Details

Closed on
Oct 27, 2004
Sold by
Kirby Marcus J and Kirby Heidi J
Bought by
Satus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2004
Sold by
Satus Llc
Bought by
Kirby Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Kirby Marcus J and Kirby Heidi J
Bought by
Satus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Mccray Tracie $110,000 Devon Title Co
Satus Llc -- --
Satus Llc -- --
Kirby Marcus -- Allen Title Services Llc
Satus Llc -- --
Kirby Marcus J $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirby Marcus $131,600
Previous Owner Kirby Marcus J $101,600
Closed Kirby Marcus $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $110,000 -- --
06/10/2018 06/10/18 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 $3,965 $75,000 $0 $0
2024 $3,349 $107,000 $0 $0
2023 $3,777 $94,500 $0 $0
2022 $3,629 $89,600 $0 $0
2021 $3,596 $75,600 $0 $0
2020 $3,562 $75,750 $0 $0
2019 $3,137 $51,300 $0 $0
2018 $2,735 $46,300 $0 $0
2017 $2,512 $45,700 $0 $0
2016 $2,207 $44,600 $44,600 $0
2015 $2,408 $41,100 $41,100 $0
2014 $2,408 $39,100 $0 $0
2013 -- $39,100 $39,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Norton

    Seller's Agent in 2018

    Sharon Norton

    RE/MAX Michigan

    (517) 789-9945

    1 in this area

    85 Total Sales

    Sharon Norton
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MBR 'SOLD' NON-MBR 'SOLD'

    NON-MEMBER REALTOR 'SOLD'

See All Agents

Map

Source: MichRIC

MLS Number: 21028585

MichRIC

APN: 3-078500000

Michigan Jackson County Jackson 49203 Queens

307 S Webster St, Jackson, MI

Not Listed for Sale

MultiFamily

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