NOT LISTED FOR SALE

332 W Morrell St Jackson, MI 49203

Partnership Park Neighborhood

Estimated Value: $100,070 - $148,000

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

Last Sold September 10, 2019

Last sale price $65,000

Est. 83% increase in value since last sale

Current estimated payment $759/month

17 Days on Market

About This Home

As of September 2019

Great income property! This 4 unit has been nicely maintained. Very cute apartments. Lots of parking for tenants.

Last Agent to Sell the Property

Cynthia Kern

Key Realty One License #6501384197 Listed on: 07/27/2019

Last Buyer's Agent

ANN ARBOR NON-MEMBER SOLD

NON-MEMBER SOLD ANN ARBOR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $860

Year Built

  • Built in 1900

Lot Details

  • 8,712

Home Design

  • Wood Siding
  • Aluminum Siding

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Operating Expense $1,552
  • Net Operating Income $3,735

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$860

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 70000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Net Operating Income: 3735.0
  • Operating Expense: 1552.0

Tax Info

  • Tax Annual Amount: 859.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2019
Closed on
Sep 9, 2019
Sold by
Pride Investments Llc
Bought by
Horizon Management Lc
Seller's Agent
Cynthia Kern
Key Realty One
Buyer's Agent
ANN ARBOR NON-MEMBER SOLD
NON-MEMBER SOLD ANN ARBOR
Sold Price
$65,000
Current Estimated Value
$119,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,268
Avg. Annual Appreciation
10.08%

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jan 17, 2019
Sold by
Rice Investments Llc
Bought by
Pride Investments Llc
Seller's Agent
Crystal LeFaive
ERA REARDON REALTY, L.L.C.
Buyer's Agent
CINDY KERN
PRODUCTION REALTY - GRASS LAKE
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Jun 22, 2012
Sold by
Sonnenberg Todd R and Sonnenberg Jennifer
Bought by
Rice Investments Llc
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
Horizon Management Lc $65,000 Midstate Title Agency
Pride Investments Llc $66,000 None Available
Rice Investments Llc $17,500 Liberty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2019 09/10/19 Sold $65,000 0.0% --
08/13/2019 08/13/19 Pending -- -- --
01/17/2019 01/17/19 Sold $65,000 -- -- View Prior Sale
11/01/2018 11/01/18 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 $1,632 $37,200 $0 $0
2024 $1,412 $35,300 $0 $0
2023 $1,355 $30,400 $0 $0
2022 $1,492 $25,200 $0 $0
2021 $1,476 $22,700 $0 $0
2020 $1,458 $20,600 $0 $0
2019 $862 $14,900 $0 $0
2018 $823 $12,000 $0 $0
2017 $764 $11,900 $0 $0
2016 $703 $12,600 $12,600 $0
2015 $865 $14,800 $14,800 $0
2014 $865 $13,950 $13,950 $0
2013 -- $13,950 $13,950 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cynthia Kern

    Key Realty One

  • C

    Seller's Agent in 2019

    Crystal LeFaive

    ERA REARDON REALTY, L.L.C.

    (517) 937-2062

    23 Total Sales

    Crystal LeFaive
    Section Image

  • A

    Buyer's Agent in 2019

    ANN ARBOR NON-MEMBER SOLD

    NON-MEMBER SOLD ANN ARBOR

  • CINDY KERN

    Buyer's Agent in 2019

    CINDY KERN

    PRODUCTION REALTY - GRASS LAKE

    (517) 936-1981

    52 Total Sales

    CINDY KERN
    Section Image
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Map

Source: MichRIC

MLS Number: 21034951

MichRIC

APN: 4-058100000

Michigan Jackson County Jackson 49203 Partnership Park

332 W Morrell St, Jackson, MI

Not Listed for Sale

MultiFamily

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