NOT LISTED FOR SALE

313 W Ganson St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $92,000 - $115,000

3 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $54,000

Est. 87% increase in value since last sale

Current estimated payment $644/month

73 Days on Market

About This Home

As of May 2018

Calling all investors!! Don’t miss out on a fantastic opportunity to add positive cashflow to your portfolio. This 3 unit building has been recently city certified and is currently rented by long term tenants. Schedule your showing today!

Last Agent to Sell the Property

Brandon McClinchey

ERA REARDON REALTY, L.L.C. License #6501401186 Listed on: 11/14/2017

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Chris Spicer

Heart for Homes, LLC License #6501385374

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $618

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Listing and Financial Details

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

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,674
  • Gross Income $17,100
  • Net Operating Income $26,990

Property Details

Home Type

Apartment

Est. Annual Taxes

$618

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 57900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17100.0
  • Net Operating Income: 26990.0
  • Number of Units Total: 3
  • Operating Expense: 13674.0

Tax Info

  • Tax Annual Amount: 617.67
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Apr 30, 2018
Sold by
Hartley Kyle A
Bought by
313 W Ganson Llc
Seller's Agent
Brandon McClinchey
ERA REARDON REALTY, L.L.C.
Buyer's Agent
Chris Spicer
Heart for Homes, LLC
Sold Price
$54,000
Current Estimated Value
$100,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,743
Avg. Annual Appreciation
12.09%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Lindstrom Bruce and Lindstrom Donelda
Bought by
Hartley Kyle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 17, 2001
Sold by
Hammond Jeffrey S
Bought by
Lindstrom Bruce and Lindstrom Donelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,650
Interest Rate
14.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Briggs John S and Briggs Carole L
Bought by
Hammond Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,650
Interest Rate
14.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1998
Sold by
Hammond Jeffrey S and Briggs Carole L
Bought by
Lindstrom Bruce and Lindstrom Donelda
Source: Public Records

Range of Values:

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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
313 W Ganson Llc $54,000 None Available
Hartley Kyle A $45,800 At
Lindstrom Bruce $39,500 Fidelity National Title Ins
Hammond Jeffrey S $33,855 --
Lindstrom Bruce $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartley Kyle A $10,000
Previous Owner Hartley Kyle A $35,800
Previous Owner Lindstrom Bruce $27,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $54,000 -- --
01/26/2018 01/26/18 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

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 $1,050 $30,900 $0 $0
2024 $908 $29,600 $0 $0
2023 $871 $25,600 $0 $0
2022 $960 $21,100 $0 $0
2021 $949 $19,100 $0 $0
2020 $938 $17,050 $0 $0
2019 $912 $13,000 $0 $0
2018 $680 $13,450 $0 $0
2017 $623 $12,850 $0 $0
2016 $537 $11,100 $11,100 $0
2015 $744 $9,600 $9,600 $0
2014 $744 $12,000 $12,000 $0
2013 -- $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brandon McClinchey

    ERA REARDON REALTY, L.L.C.

    Section Image
  • Chris Spicer

    Buyer's Agent in 2018

    Chris Spicer

    Heart for Homes, LLC

    (517) 240-0638

    1 in this area

    79 Total Sales

    Section Image

  • C

    Buyer's Agent in 2018

    CHRISTOPHER SPICER

    GOOD EARTH REAL ESTATE, LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21035029

Southwestern Michigan Association of REALTORS®

APN: 1-032600000

Michigan Jackson County Jackson 49201 Downtown Jackson

313 W Ganson St, Jackson, MI

This home is located at 313 W Ganson St, Jackson, MI 49201 since 14 November 2017 and is currently estimated at $103,587. This property was built in 1910. 313 W Ganson St is a home located in Jackson County with nearby schools including Hunt Elementary School, Middle School at Parkside, and Jackson High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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