Seller's Agent in 2022
Timothy Atkins
ERA REARDON REALTY, L.L.C.
(517) 937-2473
2 in this area
175 Total Sales
312 W Louis Glick Hwy Jackson, MI 49201
Downtown Jackson NeighborhoodEstimated Value: $170,391 - $193,000
3
Beds
3
Baths
--
Sq Ft
0.27
Acres
Highlights
- 0.27 Acre Lot
- Forced Air Heating System
- 2-minute walk to Betty's Dog Park
About This Home
As of June 2022Great 3 unit rental property near desirable Downtown Jackson activities! New replacement windows throughout most of home, fresh exterior painting summer of 2021, large shaded lot with deck space for tenants to enjoy outside grilling/relaxing. 2nd floor tenant has been here 6 years (but may be moving soon), main floor (west tenant) is planning to move into the east apartment once full renovation of the east apartment has been completed. Both main floor units offer original fireplaces (non-working), east unit offers hardwood flooring, all units unique & charming with plenty of natural light & the character that an older home offers! Property offers separate gas & electric, but owner currently pays gas & electric for 2nd floor tenant. Owner occupant potential here in this well maintained home Main floor east unit renovation will be completed prior to close, leaving one vacant unit for the new owner to do as they please - select new tenant, or move right in! 1.5 car garage on property with a tenant that rents month to month, so owner can use the garage as desired as well.
Last Agent to Sell the Property
ERA REARDON REALTY, L.L.C. License #6506036004 Listed on: 05/13/2022
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,889
Year Built
- Built in 1930
Lot Details
- 0.27
Parking
- 4 Parking Spaces
Home Design
- Rubber Roof
- Aluminum Siding
Utilities
- No Cooling
- Forced Air Heating System
- Cable TV Available
Additional Features
- Walk-Out Basement
- 0.27 Acre Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, gas
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $1,200
- Maintenance Expense $1,000
- Manager Expense $2,528
- Operating Expense $8,713
- Gross Income $25,284
- Net Operating Income $16,571
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2006
Sold by
Smith Dora J
Bought by
Smith Dora J and Dora J Smith Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Jun 30, 2004
Sold by
Smith Dora J and Smith Dora
Bought by
The Atkins Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$48,262
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,336
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Dora J | -- | None Available | |
| The Atkins Group Llc | $100,000 | At |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | The Atkins Group Llc | $0 | |
| Open | The Atkins Group Llc | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2022 06/02/22 | Sold | $155,000 | 0.0% | -- |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $155,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
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 | $4,172 | $78,300 | $0 | $0 |
| 2024 | $3,609 | $71,300 | $0 | $0 |
| 2023 | $3,463 | $57,900 | $0 | $0 |
| 2022 | $1,912 | $43,800 | $0 | $0 |
| 2021 | $1,892 | $37,950 | $0 | $0 |
| 2020 | $1,869 | $37,050 | $0 | $0 |
| 2019 | $1,818 | $28,550 | $0 | $0 |
| 2018 | $1,735 | $25,300 | $0 | $0 |
| 2017 | $1,755 | $27,350 | $0 | $0 |
| 2016 | $1,535 | $27,500 | $27,500 | $0 |
| 2015 | $2,078 | $36,000 | $36,000 | $0 |
| 2014 | $2,078 | $33,500 | $0 | $0 |
| 2013 | -- | $33,500 | $33,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Atkins
-
Cheryl Mull
C
Buyer's Agent in 2022
Cheryl Mull
Keller Williams Realty
(269) 965-7010
1 in this area
12 Total Sales
-
Cassie Scramlin
Buyer Co-Listing Agent in 2022
Cassie Scramlin
Keller Williams Realty
(269) 965-7010
1 in this area
247 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 22017800
APN: 2-004500000
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