NOT LISTED FOR SALE

329 W Mason St Unit 331 W Mason Jackson, MI 49203

Partnership Park Neighborhood

Estimated Value: $64,000 - $100,274

4 Beds
2 Baths
232 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $40,000 $172 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $660/month

About This Home

As of December 2020

Located near the central business district, this two unit is available for a new investor. Property currently produces an estimated net 25% CAP Rate with room for growth. Contact Commercial REALTOR with your questions or to schedule a private tour.

Last Agent to Sell the Property

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 11/16/2020

Last Buyer's Agent

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 11/16/2020

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Stucco

Utilities

  • Forced Air Heating System
  • Space Heater

Listing and Financial Details

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

Community Details

Overview

  • Moodys Ext Subdivision

Building Details

  • Operating Expense $4,124
  • Net Operating Income $23,824

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Stucco
  • List Price: 45000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4

Rental Info

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

Multi Family

  • Net Operating Income: 23824.0
  • Operating Expense: 4124.0

Tax Info

  • Tax Annual Amount: 1048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 7, 2020
Sold by
Alvarado Antonio
Bought by
Gaskill Greg and Gaskill Linda
Seller's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
Sold Price
$40,000
Current Estimated Value
$89,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,569
Avg. Annual Appreciation
22.57%
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
Gaskill Greg -- None Available
Alvarado Antonio $10,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $40,000 -- $172 / Sq Ft
11/11/2020 11/11/20 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 $2,216 $47,300 $0 $0
2024 $1,917 $44,300 $0 $0
2023 $1,839 $38,400 $0 $0
2022 $2,025 $30,800 $0 $0
2021 $2,004 $28,350 $0 $0
2020 $1,056 $25,800 $0 $0
2019 $1,027 $16,450 $0 $0
2018 $980 $14,400 $0 $0
2017 $2,118 $14,000 $0 $0
2016 $832 $14,900 $14,900 $0
2015 $1,011 $16,750 $16,750 $0
2014 $1,011 $16,300 $16,300 $0
2013 -- $16,300 $16,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Beiswanger

    Seller's Agent in 2020

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    (517) 914-9555

    5 in this area

    489 Total Sales

    Doug Beiswanger
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034587

Southwestern Michigan Association of REALTORS®

APN: 4-052900000

Michigan Jackson County Jackson 49203 Partnership Park

329 W Mason St Unit 331 W Mason, Jackson, MI

This home is located at 329 W Mason St Unit 331 W Mason, Jackson, MI 49203 since 16 November 2020 and is currently estimated at $89,569, approximately $386 per square foot. This property was built in 1930. 329 W Mason St Unit 331 W Mason is a home located in Jackson County with nearby schools including Middle School at Parkside, Jackson High School, and Francis Street Primary 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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