NOT LISTED FOR SALE

511 2nd St Jackson, MI 49203

Nicholls Neighborhood

Estimated Value: $72,000 - $99,072

3 Beds
2 Baths
2,142 Sq Ft
$41/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $44,500 $21 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $630/month

23 Days on Market

Highlights

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

About This Home

As of June 2019

This is a city certified 2 unit property. Great income opportunity, renters pay their own gas and electric. 2 bedroom lower unit and 1 bedroom upper.

Last Agent to Sell the Property

NON-MBR 'LIST' NON-MBR 'LIST'

NON-MEMBER REALTOR 'LIST' Listed on: 05/07/2019

Last Buyer's Agent

RACHEAL STOYK

JOD REAL ESTATE GROUP License #6501388443

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $616

Year Built

  • Built in 1930

Lot Details

  • 5,227

Home Design

  • Wood Siding

Additional Features

  • 5,227 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Net Operating Income $1,070

Property Details

Home Type

Apartment

Est. Annual Taxes

$616

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 49900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Net Operating Income: 1070.0

Tax Info

  • Tax Annual Amount: 616.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 21, 2019
Sold by
Elliott Eric P and Searis Elliott Jessica D
Bought by
Jrp2014 D2 Llc
Seller's Agent
NON-MBR 'LIST' NON-MBR 'LIST'
NON-MEMBER REALTOR 'LIST'
Buyer's Agent
RACHEAL STOYK
JOD REAL ESTATE GROUP
Sold Price
$44,500
Current Estimated Value
$88,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,268
Avg. Annual Appreciation
10.52%
Original Mortgage
$35,600
Outstanding Balance
$27,593
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$55,209

Purchase Details

Closed on
Dec 8, 2015
Sold by
Turner Robert E
Bought by
Axon Bruce William and Axon Rebecca
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
Jrp2014 D2 Llc $44,500 Transnation Title Agency
Axon Bruce William $17,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrp2014 D2 Llc $35,600
Previous Owner Searls Elliott Jessica D $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $44,500 +23.6% $21 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
11/12/2018 11/12/18 Sold $36,000 -- $17 / Sq Ft
10/05/2018 10/05/18 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 $1,795 $47,800 $0 $0
2024 $1,553 $41,100 $0 $0
2023 $1,490 $37,900 $0 $0
2022 $1,641 $31,900 $0 $0
2021 $1,623 $25,100 $0 $0
2020 $1,603 $22,650 $0 $0
2019 $1,077 $15,350 $0 $0
2018 $616 $14,450 $0 $0
2017 $565 $15,050 $0 $0
2016 $487 $15,000 $15,000 $0
2015 $1,300 $8,700 $8,700 $0
2014 $1,300 $20,950 $20,950 $0
2013 -- $20,950 $20,950 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    NON-MBR 'LIST' NON-MBR 'LIST'

    NON-MEMBER REALTOR 'LIST'

  • R

    Buyer's Agent in 2019

    RACHEAL STOYK

    JOD REAL ESTATE GROUP

  • R

    Seller's Agent in 2018

    Randy Hoyt

    RE/MAX Michigan

  • N

    Buyer's Agent in 2018

    NON-MBR 'SOLD' NON-MBR 'SOLD'

    NON-MEMBER REALTOR 'SOLD'

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034893

Southwestern Michigan Association of REALTORS®

APN: 3-000900000

Michigan Jackson County Jackson 49203 Nicholls

511 2nd St, Jackson, MI

This home is located at 511 2nd St, Jackson, MI 49203 since 07 May 2019 and is currently estimated at $88,768, approximately $41 per square foot. This property was built in 1930. 511 2nd St is a home located in Jackson County with nearby schools including Cascades School, Sharp Park Academy, and Middle School at Parkside.

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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