NOT LISTED FOR SALE

313 1st St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $99,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 05, 2018

Last sale price $45,000

Est. 120% increase in value since last sale

Current estimated payment $609/month

17 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Under the Oaks

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

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $918

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 66x70

Home Design

  • Wood Siding

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

  • 2 Units
  • Livermore Wood & Eaton's Subdivision

Building Details

  • Operating Expense $4,740
  • Net Operating Income $31,470

Property Details

Home Type

Apartment

Est. Annual Taxes

$918

Year Built

Built in 1890

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 44000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 66x70

Rental Info

  • Owner Pays: Water

Multi Family

  • Net Operating Income: 31470.0
  • Number of Units Total: 2
  • Operating Expense: 4740.0

Tax Info

  • Tax Annual Amount: 918.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Capital Midwest Holdings Llc
Bought by
New View Properties Llc
Current Estimated Value
$99,000

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
$189,280
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
Source: Public Records
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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
New View Properties Llc $299,000 None Available
Capital Midwest Holdings Llc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New View Properties Llc $243,200
Source: Public Records

Property History

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

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 $1,528 $25,500 $0 $0
2021 $1,510 $23,200 $0 $0
2020 $1,494 $21,100 $0 $0
2019 $1,116 $16,250 $0 $0
2018 $918 $13,800 $0 $0
2017 $867 $13,400 $0 $0
2016 $867 $14,500 $14,500 $0
2015 $831 $14,250 $14,250 $0
2014 $831 $13,400 $13,400 $0
2013 -- $13,400 $13,400 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John O'Dowd

    JOD REAL ESTATE GROUP

  • S

    Seller Co-Listing Agent in 2018

    Susan Mulvaney

    Century 21 Affiliated - Jackson

    (517) 414-0444

    5 Total Sales

    Susan Mulvaney
    Section Image

  • D

    Buyer's Agent in 2018

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    Section Image
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Map

Source: MichRIC

MLS Number: 21034963

MichRIC

APN: 4-037100000

Michigan Jackson County Jackson 49201 Downtown Jackson

313 1st St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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