NOT LISTED FOR SALE

508 N State St Jackson, MI 49201

Health District Neighborhood

Estimated Value: $146,000 - $178,000

4 Beds
3 Baths
-- Sq Ft
0.4 Acres

Last Sold November 26, 2019

Last sale price $87,000

Est. 83% increase in value since last sale

Current estimated payment $1,095/month

936 Days on Market

About This Home

As of November 2019

City certified 3 unit apartment building near ford Hospital.

Last Agent to Sell the Property

George Pierson

Home 1st Real Estate License #6501344130 Listed on: 02/17/2017

Last Buyer's Agent

Mary Shean

SPROAT REALTY PROFESSIONALS License #6502135904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1915

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 130x200

Parking

  • Gravel Driveway

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units
  • City Subdivision

Building Details

  • Operating Expense $250
  • Net Operating Income $3,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$854

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 130X200
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 853.57
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 3
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • List Price: 90000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 130X200
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 3250.0
  • Number of Units Total: 3
  • Operating Expense: 250.0

Tax Info

  • Tax Annual Amount: 853.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Nov 26, 2019
Sold by
Long Cleedis
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
$159,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,495
Avg. Annual Appreciation
10.48%
Original Mortgage
$65,250
Outstanding Balance
$57,695
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$101,800

Purchase Details

Closed on
Aug 23, 1999
Sold by
Winn Harold Edward and Flack Robert D
Bought by
Long Cleedis

Purchase Details

Closed on
Aug 12, 1999
Sold by
Davis Charles O and Davis Edith N
Bought by
Winn Harold Edward
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
Burr Matthew T $87,000 None Available
Long Cleedis $25,000 --
Winn Harold Edward $10,395 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burr Matthew T $65,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $87,000 -- --
09/11/2019 09/11/19 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 $3,102 $56,200 $0 $0
2024 $2,683 $45,200 $0 $0
2023 $1,838 $37,000 $0 $0
2022 $2,025 $35,400 $0 $0
2021 $2,003 $29,900 $0 $0
2020 $1,979 $27,950 $0 $0
2019 $818 $19,750 $0 $0
2018 $780 $17,300 $0 $0
2017 $715 $16,650 $0 $0
2016 $617 $11,100 $11,100 $0
2015 $1,145 $11,050 $11,050 $0
2014 $1,145 $18,450 $0 $0
2013 -- $18,450 $18,450 $0
Source: Public Records

Agents Affiliated with this Home

  • George Pierson

    Seller's Agent in 2019

    George Pierson

    Home 1st Real Estate

    (517) 740-8910

    24 Total Sales

    George Pierson
    Section Image
  • Mary Shean

    Buyer's Agent in 2019

    Mary Shean

    SPROAT REALTY PROFESSIONALS

    (517) 206-3229

    124 Total Sales

    Mary Shean
    Section Image
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Map

Source: MichRIC

MLS Number: 21034995

MichRIC

APN: 7-0733.1000

Michigan Jackson County Jackson 49201 Health District

508 N State St, Jackson, MI

Not Listed for Sale

MultiFamily

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