NOT LISTED FOR SALE

504 N State St Jackson, MI 49201

Health District Neighborhood

Estimated Value: $139,000 - $156,000

4 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 03, 2022

Last sale price $125,000

Est. 17% increase in value since last sale

Current estimated payment $996/month

4 Days on Market

About This Home

As of November 2022

GREAT RENTAL INVESTMENT PROPERTY!
Each unit is comprised of 2 BR 1 BA with a large living space and kitchen. Each unit also has its own laundry. They were purposely built as triplexes. Unit 1 rents for $700/month, Unit 2 rents for $875/month, and Unit 3 rents for $795/month. The total monthly rent on the property is $2,370.00.

Last Agent to Sell the Property

Brock Spink

GOOD EARTH REAL ESTATE, LLC License #6501409679 Listed on: 10/24/2022

Last Buyer's Agent

Stephanie Hall

Real Estate One Rosemary Davis License #6501400150

Real Estate One Rosemary Davis

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,874

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 139900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1874.29
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Dec 30, 2019
Sold by
Long Cleedis and Long Avedine
Bought by
Burr Matthew T and Burr Emily J
Seller's Agent
George Pierson
Home 1st Real Estate
Buyer's Agent
Mary Shean
SPROAT REALTY PROFESSIONALS
Sold Price
$87,000
Current Estimated Value
$145,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,994
Avg. Annual Appreciation
8.39%
Original Mortgage
$65,250
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Burr Matthew T $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kik Property Management Llc $588,000
Closed Burr Matthew T $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $125,000 -10.7% --
10/24/2022 10/24/22 For Sale $139,900 +60.8% --
12/30/2019 12/30/19 Sold $87,000 -- --
10/28/2019 10/28/19 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 $2,486 $52,100 $0 $0
2024 $2,151 $42,000 $0 $0
2023 $2,063 $34,500 $0 $0
2022 $1,894 $32,000 $0 $0
2021 $1,874 $27,950 $0 $0
2020 $1,851 $26,150 $0 $0
2019 $725 $19,100 $0 $0
2018 $692 $16,650 $0 $0
2017 $634 $16,050 $0 $0
2016 $547 $9,800 $9,800 $0
2015 $897 $9,900 $9,900 $0
2014 $897 $15,400 $0 $0
2013 -- $15,400 $15,400 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brock Spink

    GOOD EARTH REAL ESTATE, LLC

  • S

    Buyer's Agent in 2022

    Stephanie Hall

    Real Estate One Rosemary Davis

    Section Image
  • George Pierson

    Seller's Agent in 2019

    George Pierson

    Home 1st Real Estate

    (517) 740-8910

    28 Total Sales

    George Pierson
    Section Image
  • Mary Shean

    Buyer's Agent in 2019

    Mary Shean

    SPROAT REALTY PROFESSIONALS

    (517) 206-3229

    127 Total Sales

    Mary Shean
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22045279

Southwestern Michigan Association of REALTORS®

APN: 7-073300000

Michigan Jackson County Jackson 49201 Health District

504 N State St, Jackson, MI

This home is located at 504 N State St, Jackson, MI 49201 since 24 October 2022 and is currently estimated at $145,994. This property was built in 1920. 504 N State St is a home located in Jackson County with nearby schools including Northeast Elementary School, Middle School at Parkside, and Jackson High School.

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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