NOT LISTED FOR SALE

508 W Franklin St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $102,686 - $135,000

3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $77,850

Est. 53% increase in value since last sale

Current estimated payment $816/month

73 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 1-minute walk to Under the Oaks

About This Home

As of March 2022

This is a well maintained duplex with 10 year old siding and roof. The utilities are split, so that the tenants pay for their own gas and electric. Cement drive is 5 years old. one water heater is a couple years old the other is 10. Electric was upgraded 5 years ago. Plumbing was upgraded 10 years ago. Very spacious 3 bed and 2 bed apartments!

Last Agent to Sell the Property

Jay Horsfall

Jackson Property Manager License #6502356714 Listed on: 01/26/2022

Last Buyer's Agent

Eric Ropp

Century 21 Affiliated - Jackson License #6502395717

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $874

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x61

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$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
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 75000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete
  • Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 50x61
  • Lot Size Sq Ft: 3049.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 874.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 30, 2022
Sold by
Drln Properties Llc I
Bought by
Hadley Cody and Hadley Angela
Seller's Agent
Jay Horsfall
Jackson Property Manager
Buyer's Agent
Eric Ropp
Century 21 Affiliated - Jackson
Sold Price
$77,850
Current Estimated Value
$119,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,572
Avg. Annual Appreciation
11.69%

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 23, 2022
Sold by
Drln Properties Llc I
Bought by
Hadley Cody and Hadley Angela
Seller's Agent
Jay Horsfall
Jackson Property Manager
Buyer's Agent
Eric Ropp
Century 21 Affiliated - Jackson
Sold Price
$77,850

Purchase Details

Closed on
Oct 23, 2014
Sold by
Rhoads David E and Niethammer Leslee
Bought by
Drln Properties Llc I

Purchase Details

Closed on
Mar 24, 2004
Sold by
Smith Donald W and Smith Judy A
Bought by
Rhoads David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1998
Sold by
Smith Donald W and Smith Judy A
Bought by
Rhoads David E
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
Hadley Cody $77,850 --
Hadley Cody $77,850 --
Drln Properties Llc I -- None Available
Rhoads David E $45,000 --
Rhoads David E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhoads David E $57,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $77,850 +3.8% --
01/26/2022 01/26/22 For Sale -- -- --
11/23/2021 11/23/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $75,000 -- --
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 $2,327 $45,300 $0 $0
2024 $20 $34,600 $0 $0
2023 $1,932 $32,300 $0 $0
2022 $894 $27,100 $0 $0
2021 $885 $21,450 $0 $0
2020 $874 $19,350 $0 $0
2019 $850 $15,000 $0 $0
2018 $811 $14,400 $0 $0
2017 $743 $14,950 $0 $0
2016 $641 $14,900 $14,900 $0
2015 $940 $11,450 $11,450 $0
2014 $940 $15,150 $0 $0
2013 -- $15,150 $15,150 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jay Horsfall

    Jackson Property Manager

    (517) 812-1679

    3 in this area

    17 Total Sales

    Jay Horsfall
    Section Image
  • Eric Ropp

    Buyer's Agent in 2022

    Eric Ropp

    Century 21 Affiliated - Jackson

    (517) 392-8508

    1 in this area

    139 Total Sales

    Eric Ropp
    Section Image
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Map

Source: MichRIC

MLS Number: 21105333

MichRIC

APN: 3-012300000

Michigan Jackson County Jackson 49201 Under the Oaks

508 W Franklin St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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