Sara Tripp
Responds Quickly
Xsell Realty
(517) 300-9775
158 Total Sales
1 in Under the Oaks
$135,000 Price
504 3rd St Jackson, MI 49203
Under the Oaks Neighborhood
Studio
--
Baths
11,334
Sq Ft
8,276
Sq Ft Lot
Highlights
- Corner Lot
- Sharp Park Academy Rated A-
- 1-minute walk to Under the Oaks
About This Home
As of October 2012Great opportunity on this 14 unit apartment building. Three story brick building with lots of character. Priced to sell at half the SEV. Less than $8,000 a unit. Located very close to downtown Jackson and near the City Bus stop. All units are two bedroom, one bath units. This building is currently occupied, and has been city certified in 2011.
Co-Listed By
Dan Verlin
Guardhouse Rentals License #6501329323
Last Buyer's Agent
Annie Hoover
ERA Reardon - Brooklyn
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 123x66
- Property fronts a private road
- Corner Lot
Home Design
- Brick Exterior Construction
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, trash collection, water
Community Details
Overview
- 14 Units
Building Details
- Operating Expense $5,000
- Net Operating Income $9,000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2019
Sold by
Greenfield Greenview Llc
Bought by
Purchase Details
Closed on
Dec 26, 2018
Sold by
Alix Invest Llc
Bought by
Greenfield Greenview Llc
Purchase Details
Closed on
Feb 14, 2018
Sold by
Fountain Leasing Llc
Bought by
Alix Invest Llc
Purchase Details
Listed on
Aug 3, 2012
Closed on
Oct 31, 2012
Sold by
Kimuchu Investments Llc
Bought by
Fountain Leasing Llc
Seller's Agent
Ben Latocki
Production Realty
Buyer's Agent
Annie Hoover
ERA Reardon - Brooklyn
Sold Price
$67,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 30, 2010
Sold by
Rainerson Investment Company Llc
Bought by
Kimuchu Investments Llc
Purchase Details
Closed on
Sep 30, 2008
Sold by
Phillips Jared
Bought by
Rainerson Investment Co Llc
Purchase Details
Closed on
May 26, 2006
Sold by
Lincoln Venture Enterprises Llc
Bought by
Rainerson Investment Co Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 25, 2005
Sold by
Payeur Daniel Edward and Payeur Susan Kay
Bought by
Lincoln Venture Enterprises Llc
Purchase Details
Closed on
Apr 13, 2004
Sold by
Christ Centered Homes
Bought by
Payeur Dan and Payeur Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.48%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Under the Oaks, MI
-
Sara Tripp
-
Doug Beiswanger
Doug Beiswanger
Coldwell Banker Beiswanger Realty Group
(517) 684-2922
411 Total Sales
7 in Under the Oaks
$50K - $350K Price Range
-
Cori Baumann
Cori Baumann
The Brokerage House
(517) 888-7376
67 Total Sales
3 in Under the Oaks
$45K - $102K Price Range
-
Scott Timms
Scott Timms
Coldwell Banker Beiswanger Realty Group
(517) 684-2987
137 Total Sales
1 in Under the Oaks
$137,500 Price
-
Heather Herndon
Heather Herndon
Howard Hanna Real Estate
(517) 742-3134
752 Total Sales
9 in Under the Oaks
$30K - $155K Price Range
-
Kittyanne Latocki
Kittyanne Latocki
Production Realty
(517) 888-0674
159 Total Sales
3 in Under the Oaks
$30K - $175K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Greenfield Greenview Llc | -- | None Available | |
| Alix Invest Llc | $300,000 | None Available | |
| Fountain Leasing Llc | $67,500 | Midstate Title Agency Of Sou | |
| Kimuchu Investments Llc | $135,000 | At | |
| Rainerson Investment Co Llc | -- | None Available | |
| Rainerson Investment Co Llc | $290,000 | At | |
| Lincoln Venture Enterprises Llc | -- | -- | |
| Payeur Dan | $360,000 | At |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $380,000 | ||
| Previous Owner | Rainerson Investment Co Llc | $325,000 | |
| Previous Owner | Payeur Dan | $360,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 10/31/2012 10/31/12 | Sold | $67,500 | -- | $6 / Sq Ft |
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 | $11,865 | $286,200 | $0 | $0 |
| 2025 | $11,865 | $284,100 | $0 | $0 |
| 2024 | $116 | $292,700 | $0 | $0 |
| 2023 | $11,168 | $186,200 | $0 | $0 |
| 2022 | $5,825 | $116,100 | $0 | $0 |
| 2021 | $5,763 | $102,000 | $0 | $0 |
| 2020 | $5,692 | $80,400 | $0 | $0 |
| 2019 | $5,149 | $73,350 | $0 | $0 |
| 2018 | $2,522 | $54,300 | $0 | $0 |
| 2017 | $2,312 | $45,750 | $0 | $0 |
| 2016 | $1,993 | $43,400 | $7,100 | $36,300 |
| 2015 | $2,174 | $37,650 | $37,650 | $0 |
| 2014 | $2,174 | $35,050 | $35,050 | $0 |
| 2013 | -- | $35,050 | $35,050 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Latocki
Seller's Agent in 2012
Ben Latocki
Production Realty
(517) 812-0009
1 in this area
17 Total Sales
-
DV
Seller Co-Listing Agent in 2012
Dan Verlin
Guardhouse Rentals
-
AH
Buyer's Agent in 2012
Annie Hoover
ERA Reardon - Brooklyn
Map
Source: MichRIC
MLS Number: 21032570
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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