NOT LISTED FOR SALE

3250 Kingsbrooke Dr Jackson, MI 49202

Blackman Area

Estimated Value: $2,686,115

Studio
-- Bath
21,500 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2012

Last sale price $950,000 $44 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $15,274 / mo

359 Days on Market

Highlights

  • 7 Acre Lot
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of August 2012

Well maintained 40 unit apartment complex with room for additional apartments. Located on springport Road near US 127 and I-94. Townhome style apartments with full basements. Lovely setting. Some of the Owners are licensed Real Estate Brokers in Michigan.

Last Agent to Sell the Property

Robert Simmons

The Brokerage House License #6502129928 Listed on: 06/14/2011

Last Buyer's Agent

Robert Simmons

The Brokerage House License #6502129928 Listed on: 06/14/2011

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7 Acre Lot
  • Wooded Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 40 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7 Acres

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1980
  • Driveway:Driveway: Paved
  • Mineral Rights:Mineral Rights: No
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Wooded
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 1200000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 7.0
  • Lot Size Area: 7.0
  • Lot Dimensions: 0

Rental Info

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

Multi Family

  • Number of Units Total: 40

Tax Info

  • Tax Annual Amount: 36299.77
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2011
Closed on
Aug 23, 2012
Sold by
Bought by
Seller's Agent
Robert Simmons
The Brokerage House
Buyer's Agent
Robert Simmons
The Brokerage House
Sold Price
$950,000
Current Estimated Value
$2,686,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,115
Avg. Annual Appreciation
7.71%
Original Mortgage
$700,000
Outstanding Balance
$464,714
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$2,221,401

Purchase Details

Closed on
Mar 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1997
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Jackson, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- At
-- At
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2012 08/22/12 Sold $950,000 -- $44 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,117 $427,750 $0 $0
2025 $6,117 $395,550 $0 $0
2024 $60 $397,900 $0 $0
2023 $5,671 $339,200 $0 $0
2022 $17,340 $365,100 $0 $0
2021 $16,949 $345,800 $0 $0
2020 $16,769 $362,800 $0 $0
2019 $16,387 $357,300 $0 $0
2018 $15,348 $307,200 $0 $0
2017 $14,671 $296,800 $0 $0
2016 $11,583 $293,369 $182,948 $110,421
2015 $14,946 $289,984 $289,984 $0
2014 $14,946 $305,722 $0 $0
2013 -- $305,722 $305,722 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 21035571

MichRIC

APN: 000-08-21-351-001-02

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