NOT LISTED FOR SALE

386 Gilletts Lake Rd Jackson, MI 49201

Estimated Value: $117,000 - $173,000

2 Beds
1 Bath
892 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $80,000 $90 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $911/month

4 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Ceiling Fan
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Gilletts Lake Park

About This Home

As of July 2021

Here's your chance to affordably enjoy the lake life. This single story home has two bedrooms and 1 bath and offers a fenced in front yard with the occasional view of Gilletts Lake. The two car garage can handle most of your lake toys. This home is located just a 1/4 of a mile from a park and just under a mile from the boat launch. Just in time to enjoy all of the summer fun of lake life.

Last Agent to Sell the Property

Jeff Windham

ERA REARDON REALTY, L.L.C. License #6501390464 Listed on: 05/15/2021

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Dennis Groom

Executive Brokers Residential and Commercial Real Estate License #6506048188

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 96x80x100
  • Flag Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Gilletts View Unrecorded Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,176

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 96x80x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 892.0
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1176.15
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: Gilletts View Unrecorded
  • Lot Description:Flag Lot: Yes
  • General Property Info:SqFt Above Grade: 892.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 892.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Other
  • List Price: 79000.0
  • Lot Features: Flag Lot
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Other16: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 96x80x100
  • Lot Size Sq Ft: 7840.8
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1176.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jul 12, 2021
Sold by
Mcdonough Rose and Wellhoff Oren L
Bought by
Peek Drew M
Seller's Agent
Jeff Windham
ERA REARDON REALTY, L.L.C.
Buyer's Agent
Dennis Groom
Executive Brokers Residential and Commercial Real Estate
Sold Price
$80,000
Current Estimated Value
$141,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,236
Avg. Annual Appreciation
14.27%
Original Mortgage
$76,000
Outstanding Balance
$69,405
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$68,258

Purchase Details

Listed on
Jun 29, 2011
Closed on
Feb 28, 2012
Sold by
Stiver Elaine and Jones Elaine
Bought by
Wellhoff Oren L and Mcdonough Rose
Seller's Agent
Laura Schlecte
Thinking Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$80,000
Sold Price
$23,500
Premium/Discount to List
-$56,500
-70.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Jun 20, 2003
Sold by
Storms Christine L and Armstrong Christine L
Bought by
Jones Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1992
Bought by
Storms
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
Peek Drew M $80,000 Midstate Ttl Agcy Of Souther
Wellhoff Oren L $23,500 Liberty Title
Jones Elaine $100,000 Chicago Title Of Michigan
Storms -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peek Drew M $76,000
Previous Owner Jones Elaine $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $80,000 +240.4% $90 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
02/28/2012 02/28/12 Sold $23,500 -70.6% $26 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
06/29/2011 06/29/11 For Sale $80,000 -- $90 / Sq Ft
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 $1,567 $52,091 $0 $0
2024 $932 $51,243 $0 $0
2023 $920 $53,565 $0 $0
2022 $1,478 $48,173 $0 $0
2021 $1,105 $40,208 $0 $0
2020 $1,097 $40,602 $0 $0
2019 $1,061 $34,495 $0 $0
2018 $1,032 $39,683 $4,000 $35,683
2017 $970 $35,976 $0 $0
2016 $589 $35,698 $35,698 $0
2015 -- $32,161 $32,161 $0
2014 -- $32,935 $0 $0
2013 -- $32,935 $32,935 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Windham

    ERA REARDON REALTY, L.L.C.

    (517) 812-6849

    3 in this area

    78 Total Sales

    Section Image
  • Dennis Groom

    Buyer's Agent in 2021

    Dennis Groom

    Executive Brokers Residential and Commercial Real Estate

    (517) 937-9511

    3 in this area

    70 Total Sales

    Section Image

  • L

    Seller's Agent in 2012

    Laura Schlecte

    Thinking Real Estate

  • N

    Buyer's Agent in 2012

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21095958

Southwestern Michigan Association of REALTORS®

APN: 000-09-34-103-007-00

Michigan Jackson County Jackson 49201

386 Gilletts Lake Rd, Jackson, MI

This home is located at 386 Gilletts Lake Rd, Jackson, MI 49201 since 15 May 2021 and is currently estimated at $149,046, approximately $167 per square foot. This property was built in 1950. 386 Gilletts Lake Rd is a home located in Jackson County with nearby schools including Keicher Elementary School, Arnold Elementary School, and Michigan Center Junior/Senior High 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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