NOT LISTED FOR SALE

409 2nd St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $133,000 - $168,255

4 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $55,000

Est. 171% increase in value since last sale

Current estimated payment $1,020/month

14 Days on Market

Highlights

  • Space Heater
  • Sharp Park Academy Rated A-
  • 1-minute walk to Under the Oaks

About This Home

As of March 2016

Money Maker! All occupied. Attractive 3 unit with vinyl siding. New roof/chimney 2014; new boiler 2012 installed and maintained by Wm North; new plumbing in basement 2015. Numerous improvements to each apartment. Top floor is one large 2 bdrm, 2 bath apartment. Two other apartments on main floor are 1 bdrm, 1 bath each. Seller manages all maintenance and repairs, building is in great condition and is VERY clean. All Pro Rental Agency assumes the rental responsibilities. Building is City Certified. Owner pays all utilities, locks on each thermostat manage heat. Local attorney lives next door and shares the driveway. 1 garage bay is used by the owner for lawn equipment and storage. One tenant has access to one garage. Tenants do NOT use basement. Room for off-street parking on

Last Agent to Sell the Property

Dana Howell

ERA REARDON REALTY, L.L.C. License #6502355055 Listed on: 12/31/2015

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

ANN ARBOR NON-MEMBER SOLD

NON-MEMBER SOLD ANN ARBOR

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1910

Lot Details

  • 9,148

Additional Features

  • 9,148 Sq Ft Lot
  • Space Heater

Listing and Financial Details

  • The owner pays for water, gas

Community Details

Overview

  • Livermore Wood & Easton A Subdivision

Building Details

  • Operating Expense $20,116
  • Gross Income $24,000
  • Net Operating Income $37,951

Property Details

Home Type

Apartment

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 59500.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147.6

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Gross Income: 24000.0
  • Net Operating Income: 37951.44
  • Operating Expense: 20115.56

Tax Info

  • Tax Annual Amount: 1730.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Focus 4 8 Properties 01 Llc
Bought by
Hart David M and Hart Deborah
Current Estimated Value
$149,314

Purchase Details

Closed on
Apr 8, 2019
Sold by
Hart David M and Hart Deborah R
Bought by
Focus 4 8 Properties 01 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Focus 4 8 Properties 01 Llc
Bought by
Hart Deborah and Hart David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 4, 2016
Sold by
Dielman Vickie L
Bought by
Focus 4:8 Properties-01 Llc
Seller's Agent
Dana Howell
ERA REARDON REALTY, L.L.C.
Buyer's Agent
ANN ARBOR NON-MEMBER SOLD
NON-MEMBER SOLD ANN ARBOR
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Dielman Elizabeth M and Dielman Dale A
Bought by
Dielman Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2010
Sold by
Kimball Kelvin J and Kimball Eileen A
Bought by
Dielman Elizabeth M
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
Hart David M -- American Title Co Of Jackson
Focus 4 8 Properties 01 Llc -- American Title Co Of Jackson
Hart Deborah -- None Available
Focus 4:8 Properties-01 Llc $55,000 At
Dielman Vicki L $36,000 At
Dielman Elizabeth M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Deborah $30,100
Previous Owner Hart David M $48,300
Previous Owner Dielman Vicki L $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $55,000 -- --
01/14/2016 01/14/16 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 $2,357 $87,700 $0 $0
2024 $2,039 $69,000 $0 $0
2023 $1,956 $63,100 $0 $0
2022 $2,154 $52,900 $0 $0
2021 $2,131 $41,800 $0 $0
2020 $2,588 $37,650 $0 $0
2019 $2,048 $29,950 $0 $0
2018 $1,954 $28,500 $0 $0
2017 $1,899 $29,600 $0 $0
2016 $1,181 $27,400 $27,400 $0
2015 $1,731 $21,100 $21,100 $0
2014 $1,731 $27,900 $27,900 $0
2013 -- $27,900 $27,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Howell

    Seller's Agent in 2016

    Dana Howell

    ERA REARDON REALTY, L.L.C.

    (517) 740-6098

    1 in this area

    55 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    ANN ARBOR NON-MEMBER SOLD

    NON-MEMBER SOLD ANN ARBOR

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21035274

Southwestern Michigan Association of REALTORS®

APN: 3-005000000

Michigan Jackson County Jackson 49201 Under the Oaks

409 2nd St, Jackson, MI

This home is located at 409 2nd St, Jackson, MI 49201 since 31 December 2015 and is currently estimated at $149,314. This property was built in 1910. 409 2nd St is a home located in Jackson County with nearby schools including Cascades School, Sharp Park Academy, and Middle School at Parkside.

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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