NOT LISTED FOR SALE

316 W Wesley St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $160,000 - $193,000

5 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $140,000

Est. 28% increase in value since last sale

Current estimated payment $1,261/month

9 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Under the Oaks

About This Home

As of November 2021

Large 4 unit multi-family property. 3 of 4 units are occupied with month to month leases. Seller pays all utilities but they are all metered separately. New roof in 2020 with complete tear off off OSB. New furnaces in 2020. Freshly painted exterior in 2021. Unit 2 which is unoccupied has been freshly painted and wood floors have been recently refinished. Home sits on the corner of Wesley and the alley.

Last Agent to Sell the Property

Susie Mohlman

Sproat Realty Professionals-J License #6502111869 Listed on: 10/07/2021

Last Buyer's Agent

Catherine Pitchford

Coldwell Banker Beiswanger Realty Group License #6501423703

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot

Home Design

  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,021

Year Built

Built in 1890

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 150000.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2021.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 26, 2021
Sold by
Leathead Sharon M and Leathead William Thomas
Bought by
Bushkuhl Benjamin Lucius and Bushkuhl Rosa Abani
Seller's Agent
Susie Mohlman
Sproat Realty Professionals-J
Buyer's Agent
Catherine Pitchford
Coldwell Banker Beiswanger Realty Group
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$179,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,773
Avg. Annual Appreciation
5.93%
Original Mortgage
$105,000
Outstanding Balance
$96,547
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$83,226

Purchase Details

Closed on
Jun 12, 2018
Sold by
Hillard William T
Bought by
Rlt Hillard William T and Rlt William Thomas Hillard

Purchase Details

Closed on
May 19, 2009
Sold by
Amtrust Bank
Bought by
Hillard William Thomas

Purchase Details

Closed on
Aug 20, 2008
Sold by
Richard Erik D and Richard Christy A
Bought by
Am Trust Bank and Ohio Savings Bank

Purchase Details

Closed on
Sep 24, 2004
Sold by
Richard Erik D and Richard Christy A
Bought by
Richard Family Properties Llc

Purchase Details

Closed on
Dec 22, 2003
Sold by
Creech Frank E and Creech Marjorie K
Bought by
Richard Erik D and Richard Christy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.75%
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
Bushkuhl Benjamin Lucius $140,000 None Available
Rlt Hillard William T -- None Available
Hillard William Thomas $32,000 Mst
Am Trust Bank $65,548 None Available
Richard Family Properties Llc -- --
Richard Erik D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushkuhl Benjamin Lucius $105,000
Previous Owner Richard Erik D $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $140,000 -6.7% --
10/07/2021 10/07/21 For Sale $150,000 -- --
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
2025 $3,596 $60,800 $0 $0
2024 $31 $58,000 $0 $0
2023 $2,984 $49,900 $0 $0
2022 $2,951 $40,700 $0 $0
2021 $1,468 $37,100 $0 $0
2020 $1,450 $33,750 $0 $0
2019 $1,411 $23,350 $0 $0
2018 $1,346 $20,050 $0 $0
2017 $1,234 $19,450 $0 $0
2016 $1,064 $20,500 $20,500 $0
2015 $1,160 $19,900 $19,900 $0
2014 $1,160 $18,700 $18,700 $0
2013 -- $18,700 $18,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Susie Mohlman

    Seller's Agent in 2021

    Susie Mohlman

    Sproat Realty Professionals-J

    (517) 206-3332

    2 in this area

    357 Total Sales

    Susie Mohlman
    Section Image
  • Catherine Pitchford

    Buyer's Agent in 2021

    Catherine Pitchford

    Coldwell Banker Beiswanger Realty Group

    (517) 416-7497

    1 in this area

    21 Total Sales

    Catherine Pitchford
    Section Image
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Map

Source: MichRIC

MLS Number: 21109810

MichRIC

APN: 4-029100000

Michigan Jackson County Jackson 49201 Downtown Jackson

316 W Wesley St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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