NOT LISTED FOR SALE

320 Clinton St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $81,000 - $119,000

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

Last Sold March 18, 2016

Last sale price $35,000

Est. 206% increase in value since last sale

Current estimated payment $651/month

7 Days on Market

Highlights

  • Cul-De-Sac
  • Forced Air Heating System
  • 3-minute walk to Withington Park

About This Home

As of March 2016

Located on the north side of the City of Jackson, this 2015 City Certified 2 unit income property is ready for its new owners. Upper/Lower style, both units offer good square footage and bedroom counts. Both units include range/oven and refrigerator. Located in a cul-de-sac for low traffic, and close to dining and shopping. Property cash flows and is currently professionally managed by ERA Reardon Rentals. Buyer has option of keeping property managed with ERA Reardon Rentals or managing it themselves/elsewhere.

Last Agent to Sell the Property

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 03/03/2016

Last Buyer's Agent

GRETCHEN CORWIN

PRODUCTION REALTY - GRASS LAKE License #6501282510

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Listing and Financial Details

  • The owner pays for water, gas

Community Details

Overview

  • Jackson Original Plat Subdivision

Building Details

  • Operating Expense $3,509
  • Gross Income $1,440
  • Net Operating Income $25,291

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 45000.0
  • Lot Features: Cul-De-Sac, Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Gross Income: 1440.0
  • Net Operating Income: 25291.0
  • Operating Expense: 3509.0

Tax Info

  • Tax Annual Amount: 1562.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Casrea Llc
Bought by
Edging Dakota R and Mitchell Brittany N
Current Estimated Value
$107,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$42,044
Interest Rate
3.6%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$65,093

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 18, 2016
Sold by
Baikial Properties Llc
Bought by
Casrea Llc
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
GRETCHEN CORWIN
PRODUCTION REALTY - GRASS LAKE
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Nov 30, 2012
Sold by
Smith David and Smith Nicole M
Bought by
Baikal Properties Llc
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$22,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Oct 1, 2001
Sold by
Henman Ronald A and Henman Nancy A
Bought by
Hammett Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
6.64%
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
Edging Dakota R $48,000 None Available
Casrea Llc $35,000 Midstate Title Agency Of Sou
Baikal Properties Llc $22,500 Midstate Title Agency Of Sou
Hammett Daniel P $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edging Dakota R $48,000
Previous Owner Hammett Daniel P $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2016 03/18/16 Sold $35,000 +55.6% --
03/10/2016 03/10/16 Pending -- -- --
11/30/2012 11/30/12 Sold $22,500 -- -- View Prior Sale
11/02/2012 11/02/12 Pending -- -- --
Source: MichRIC

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 $1,096 $25,200 $0 $0
2024 $9 $23,800 $0 $0
2023 $862 $20,700 $0 $0
2022 $1,151 $15,600 $0 $0
2021 $1,319 $13,700 $0 $0
2020 $906 $12,800 $0 $0
2019 $790 $11,250 $0 $0
2018 $1,022 $15,000 $0 $0
2017 $937 $14,600 $0 $0
2016 $1,080 $19,400 $19,400 $0
2015 $1,529 $25,900 $25,900 $0
2014 $1,529 $24,650 $0 $0
2013 -- $24,650 $24,650 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    Section Image
  • GRETCHEN CORWIN

    Buyer's Agent in 2016

    GRETCHEN CORWIN

    PRODUCTION REALTY - GRASS LAKE

    (517) 937-2968

    23 Total Sales

    GRETCHEN CORWIN
    Section Image
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Map

Source: MichRIC

MLS Number: 21035412

MichRIC

APN: 2-004700000

Michigan Jackson County Jackson 49201 Downtown Jackson

320 Clinton St, Jackson, MI

Not Listed for Sale

MultiFamily

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