NOT LISTED FOR SALE

403 Second St Jackson, MI 49203

Under the Oaks Neighborhood

Estimated Value: $102,196 - $192,000

4 Beds
3 Baths
1,484 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2016

Last sale price $23,750 $16 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $1,012 / mo

19 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 1-minute walk to Under the Oaks

About This Home

As of May 2016

Located in the City of Jackson and within walking distance of shopping, dining, parks, and more, this City Certified (2016-2018) property is ready for its next investor. Property features 3 units. All units are currently rented and producing over $23,000 in annual income. One 3 bedroom unit, one 2 bedroom unit, and one 1 bedroom unit. Recent updates include carpet, paint, a kitchen, furnaces, and more. Full basement with laundry hookups (currently not in use). Generates great cash flow as a full investment or as an owner occupant. Call for you private showing.

Last Agent to Sell the Property

Doug Beiswanger

Coldwell Banker Beiswanger Realty Group License #6502425012 Listed on: 03/27/2016

Coldwell Banker Beiswanger Realty Group

Last Buyer's Agent

Zach Williams

Next Step Realty License #6502392125

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62x136

Parking

  • Paved Parking

Home Design

  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Livermore Wood And Eatons Subdivision

Building Details

  • Operating Expense $12,196
  • Gross Income $23,340
  • Net Operating Income $40,116

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Driveway:Driveway: Paved
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Sidewalk
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 27500.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 62x136

Rental Info

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

Multi Family

  • Gross Income: 23340.0
  • Net Operating Income: 40116.0
  • Number of Units Total: 3
  • Operating Expense: 12196.0

Tax Info

  • Tax Annual Amount: 932.0
  • Tax Year: 15

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Under the Oaks, MI

  • Cori Baumann Real Estate Agent - The Brokerage House

    Cori Baumann

    The Brokerage House

    (517) 888-7376

    67 Total Sales

    3 in Under the Oaks

    $45K - $102K Price Range

    Cori Baumann
     Section Image
  • Scott Timms Real Estate Agent - Coldwell Banker Beiswanger Realty Group

    Scott Timms

    Coldwell Banker Beiswanger Realty Group

    (517) 684-2987

    136 Total Sales

    1 in Under the Oaks

    $137,500 Price

    Scott Timms
     Section Image
  • Heather Herndon Real Estate Agent - Howard Hanna Real Estate

    Heather Herndon

    Howard Hanna Real Estate

    (517) 742-3134

    746 Total Sales

    9 in Under the Oaks

    $30K - $155K Price Range

    Heather Herndon
     Section Image
  • Kittyanne Latocki Real Estate Agent - Production Realty

    Kittyanne Latocki

    Production Realty

    (517) 888-0674

    158 Total Sales

    3 in Under the Oaks

    $30K - $175K Price Range

    Kittyanne Latocki
     Section Image
  • Valerie Stover Real Estate Agent - Val Stover Real Estate Team

    Valerie Stover

    Val Stover Real Estate Team

    (517) 684-2827

    128 Total Sales

    1 in Under the Oaks

    $399,900 Price

    Valerie Stover
     Section Image
  • Cassie Scramlin Real Estate Agent - KW Ascent

    Cassie Scramlin

    KW Ascent

    (269) 457-5041

    138 Total Sales

    1 in Under the Oaks

    $54,000 Price

    Cassie Scramlin
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See All Agents

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 Prior Sale
05/13/2016 05/13/16 Sold $23,750 +35.7% $16 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
01/17/2014 01/17/14 Sold $17,500 -- $12 / Sq Ft View Prior Sale
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 $2,967 $62,000 $0 $0
2025 $2,967 $58,300 $0 $0
2024 $29 $48,900 $0 $0
2023 $2,667 $44,600 $0 $0
2022 $1,379 $37,700 $0 $0
2021 $1,365 $29,450 $0 $0
2020 $1,348 $26,600 $0 $0
2019 $1,312 $19,050 $0 $0
2018 $1,251 $18,250 $0 $0
2017 $1,305 $18,500 $0 $0
2016 $837 $18,500 $18,500 $0
2015 $1,383 $14,950 $14,950 $0
2014 $1,383 $19,600 $19,600 $0
2013 -- $19,600 $19,600 $0
Source: Public Records

Agents Affiliated with this Home

  • DB

    Seller's Agent in 2016

    Doug Beiswanger

    Coldwell Banker Beiswanger Realty Group

    Section Image

  • ZW

    Buyer's Agent in 2016

    Zach Williams

    Next Step Realty

  • TP

    Seller's Agent in 2014

    Tony Pruitt

    ERA Reardon - Brooklyn

See All Agents

Map

Source: MichRIC

MLS Number: 21035185

MichRIC

APN: 3-004600000

Michigan Jackson County Jackson 49201 Under the Oaks

403 Second St, Jackson, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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