NOT LISTED FOR SALE

311 1st St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $75,000

5 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: November 5, 2018

Last sale price $45,000

Est. 67% increase in value since last sale

Current estimated payment $498 / mo

17 Days on Market

About This Home

As of November 2018

Same owner for over 20 years is now retiring. 13 Units, 5 Houses to be sold all together for $225,000. Properties wrap the corner of First and Wesley. Packaged price includes 311 1st (3 unit); 313 1st (2 unit); 342 W Wesley (3 unit); 336 W Wesley (2 unit); 334 W Wesley (3 unit). All properties are city certified. Great investment opportunity here!

Last Agent to Sell the Property

John O'Dowd

JOD REAL ESTATE GROUP License #6506048727 Listed on: 10/03/2018

Co-Listed By

Susan Mulvaney

Century 21 Affiliated - Jackson License #6501183544

Last Buyer's Agent

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012

Coldwell Banker Beiswanger Realty Group
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $857

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 64x130

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • 3 Units
  • Livermore Wood Subdivision

Building Details

  • Operating Expense $8,694
  • Net Operating Income $35,253

Property Details

Home Type

Apartment

Est. Annual Taxes

$857

Year Built

Built in 1890

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • List Price: 47000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 64x130

Rental Info

  • Owner Pays: Water

Multi Family

  • Net Operating Income: 35253.0
  • Number of Units Total: 3
  • Operating Expense: 8694.0

Tax Info

  • Tax Annual Amount: 856.62
  • Tax Year: 18

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

Closed on
Nov 6, 2019
Sold by
Capital Midwest Holdings Llc
Bought by
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Outstanding Balance
$179,730
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 5, 2018
Sold by
Schweda Edward J and Schweda Diane
Bought by
Capital Midwest Holdings Llc
Seller's Agent
John O'Dowd
JOD REAL ESTATE GROUP
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$45,000

Purchase Details

Closed on
Oct 19, 1998
Sold by
Giordano Virginia and Johns John H
Bought by
Schweda Edward J and Schweda Diane I
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Jackson, MI

  • Doug Beiswanger Real Estate Agent - Coldwell Banker Beiswanger Realty Group

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    (517) 684-2922

    406 Total Sales

    5 in Downtown Jackson

    $25K - $425K Price Range

    Doug Beiswanger
     Section Image
  • John O'Dowd Real Estate Agent - Century 21 Affiliated - Jackson

    John O'Dowd

    Responds Quickly

    Century 21 Affiliated - Jackson

    (517) 960-2775

    64 Total Sales

    2 in Downtown Jackson

    $124,900 Price Range

    John O'Dowd
     Section Image
  • Heather Herndon Real Estate Agent - Howard Hanna Real Estate

    Heather Herndon

    Howard Hanna Real Estate

    (517) 742-3134

    742 Total Sales

    9 in Downtown Jackson

    $67K - $324K Price Range

    Heather Herndon
     Section Image
  • Cassie Scramlin Real Estate Agent - KW Ascent

    Cassie Scramlin

    KW Ascent

    (269) 457-5041

    136 Total Sales

    1 in Downtown Jackson

    $155,000 Price

    Cassie Scramlin
     Section Image
  • Sara Tripp Real Estate Agent - Xsell Realty

    Sara Tripp

    Responds Quickly

    Xsell Realty

    (517) 300-9775

    159 Total Sales

    1 in Downtown Jackson

    $226,000 Price

    Sara Tripp
     Section Image
  • Becky Smith Real Estate Agent - Production Realty

    Becky Smith

    Responds Quickly

    Production Realty

    (517) 888-7005

    45 Total Sales

    1 in Downtown Jackson

    $110,000 Price

    Becky Smith
     Section Image
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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
$299,000 None Available
Capital Midwest Holdings Llc $225,000 None Available
Schweda Edward J $75,000 --
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 $243,200
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
11/05/2018 11/05/18 Sold $45,000 -- --
10/20/2018 10/20/18 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
2022 $1,521 $26,000 $0 $0
2021 $1,503 $23,450 $0 $0
2020 $1,487 $21,000 $0 $0
2019 $1,108 $16,250 $0 $0
2018 $857 $12,900 $0 $0
2017 $851 $12,500 $0 $0
2016 $851 $13,400 $13,400 $0
2015 $831 $14,200 $14,200 $0
2014 $831 $13,400 $13,400 $0
2013 -- $13,400 $13,400 $0
Source: Public Records

Agents Affiliated with this Home

  • JO

    Seller's Agent in 2018

    John O'Dowd

    JOD REAL ESTATE GROUP

  • SM

    Seller Co-Listing Agent in 2018

    Susan Mulvaney

    Century 21 Affiliated - Jackson

    (517) 414-0444

    3 Total Sales

    Susan Mulvaney
    Section Image

  • DB

    Buyer's Agent in 2018

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    Section Image
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Map

Source: MichRIC

MLS Number: 21034929

MichRIC

APN: 4-037000000

Michigan Jackson County Jackson 49201 Downtown Jackson

311 1st St, Jackson, MI

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 2026 MichRIC, LLC. All rights reserved.

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