NOT LISTED FOR SALE

409 2nd St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $139,000 - $186,207

4 Beds
4 Baths
2,852 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $36,000 $13 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $1,048/month

150 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • Sharp Park Academy Rated A-
  • 1-minute walk to Under the Oaks

About This Home

As of February 2012

Great income property! Very good condition with new boiler system, vinyl siding. Shows well! One car detached garage, not used by tenants.

Last Agent to Sell the Property

LAURA WATERS

RE/MAX MID-MICHIGAN R.E. License #6501250432 Listed on: 08/15/2011

Last Buyer's Agent

LAURA WATERS

RE/MAX MID-MICHIGAN R.E. License #6501250432 Listed on: 08/15/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,148

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,148 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Net Operating Income $21,840

Listing and Financial Details

  • The owner pays for electricity, water, gas

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 136
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 2346.35
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: none
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 39900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel

Utilities

  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 136
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water, Gas

Multi Family

  • Net Operating Income: 21840.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2346.35

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
$162,552

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

Closed on
Mar 4, 2016
Sold by
Dielman Vickie L
Bought by
Focus 4:8 Properties-01 Llc

Purchase Details

Listed on
Aug 15, 2011
Closed on
Feb 27, 2012
Sold by
Dielman Elizabeth M and Dielman Dale A
Bought by
Dielman Vicki L
Seller's Agent
LAURA WATERS
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
LAURA WATERS
RE/MAX MID-MICHIGAN R.E.
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
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:

--
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
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 Dielman Vicki L $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2012 02/27/12 Sold $36,000 -- $13 / Sq Ft
01/12/2012 01/12/12 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 $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

  • L

    Seller's Agent in 2012

    LAURA WATERS

    RE/MAX Michigan

See All Agents

Map

Source: MichRIC

MLS Number: 21035780

MichRIC

APN: 3-005000000

Michigan Jackson County Jackson 49201 Under the Oaks

409 2nd St, Jackson, MI

Not Listed for Sale

MultiFamily

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