NOT LISTED FOR SALE

Estimated Value: $112,000 - $174,000

5 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold October 04, 2023

Last sale price $100,000

Est. 31% increase in value since last sale

Current estimated payment $964/month

174 Days on Market

Highlights

  • Corner Lot: Yes
  • 2 Car Garage
  • Wood Siding
  • Forced Air Heating System

About This Home

As of October 2023

Great investment opportunity! Whether your looking for a investment property or a house to flip this spacious duplex offers a great return on investment with a 10% cap rate. Both 415 N. Van Dorn and 701 Burr St. are occupied and have new hot water heaters and furnaces. The current tenants are on a month to month lease. 415 N Van Dorn is bringing in $900/month. 701 Burr is bringing in $700/month.

Last Agent to Sell the Property

Charles Baxter

Century 21 Affiliated - Jackson License #6501435089 Listed on: 04/07/2023

Last Buyer's Agent

My Smart Team

Production Realty License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66x66
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Parking

  • 2 Car Garage
  • Gravel Driveway

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, sewer, gas
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 52.17
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x66
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Driveway:Gravel: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 118000.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Extras:Garages: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 66x66
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2804.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Mata Elipio and Mata Maria Guadalupe
Bought by
Big Fish Holdings Llc
Current Estimated Value
$130,672

Purchase Details

Closed on
Aug 3, 2020
Sold by
Accrual Investments Llc
Bought by
Big Fish Holdings Llc

Purchase Details

Closed on
Sep 18, 2018
Sold by
Williams Nathaniel
Bought by
Accrual Invesrments Llc

Purchase Details

Listed on
Sep 7, 2015
Closed on
Jun 15, 2016
Sold by
Eedy Dimple E and Eedy Robert E
Bought by
Mata Elipio
Seller's Agent
Sam Crawford
Production Realty
Buyer's Agent
DeAnn Gumbert
RE/MAX MID-MICHIGAN R.E.
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.01%

Purchase Details

Closed on
May 26, 2016
Sold by
Davis Charles O and Davis Edith N
Bought by
Mata Elipio
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
Big Fish Holdings Llc $55,000 None Available
Big Fish Holdings Llc $500 None Available
Accrual Invesrments Llc -- None Available
Mata Elipio -- None Available
Mata Elipio -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $100,000 -15.3% --
07/17/2023 07/17/23 Price Changed $118,000 -5.6% --
06/05/2023 06/05/23 Price Changed $125,000 -10.7% --
05/30/2023 05/30/23 Price Changed $140,000 -3.4% --
04/20/2023 04/20/23 Price Changed $145,000 -3.3% --
04/07/2023 04/07/23 For Sale $150,000 +650.0% --
08/05/2016 08/05/16 Sold $20,000 -- -- View Prior Sale
12/17/2015 12/17/15 Pending -- -- --
Source: MichRIC

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 $3,418 $61,800 $0 $0
2024 $30 $49,800 $0 $0
2023 $2,124 $40,400 $0 $0
2022 $2,643 $36,700 $0 $0
2021 $2,315 $32,750 $0 $0
2020 $1,356 $30,650 $0 $0
2019 $1,320 $18,800 $0 $0
2018 $1,099 $16,500 $0 $0
2017 $1,007 $15,700 $0 $0
2016 $526 $14,700 $14,700 $0
2015 $682 $9,400 $9,400 $0
2014 $682 $11,000 $0 $0
2013 -- $11,000 $11,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23010199

MichRIC

APN: 7-023200000