NOT LISTED FOR SALE

512 Union St Jackson, MI 49203

Flat Iron Neighborhood

Estimated Value: $81,000 - $163,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $24,000

Est. 376% increase in value since last sale

Current estimated payment $679/month

341 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • Wood Siding

About This Home

As of September 2015

2 unit rental property in Jackson, quiet street. both units rented month to month, new roof in 2012, city certified. both units are well maintained and easy to show. lower unit has control over the basement including the laundry hookups with additional storage. all appliances included. Land contract terms available.

Last Agent to Sell the Property

Kayla Dominique

HOWARD HANNA REAL ESTATE SERVI License #6501362491 Listed on: 10/04/2014

HOWARD HANNA REAL ESTATE SERVI

Last Buyer's Agent

George Copp

ERA REARDON REALTY, L.L.C. License #6502352375

ERA REARDON REALTY, L.L.C.

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 105x43x105x43

Home Design

  • Wood Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Listing and Financial Details

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

Community Details

Overview

  • 2 Units
  • Hamiltons Subdivision

Building Details

  • Operating Expense $4,964
  • Net Operating Income $17,160

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding, Other
  • List Price: 27500.0
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 105x43x105x43

Rental Info

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

Multi Family

  • Net Operating Income: 17160.0
  • Number of Units Total: 2
  • Operating Expense: 4964.0

Tax Info

  • Tax Annual Amount: 1157.62
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Boroughf John and Boroughf Sarah
Bought by
Crownline Properties Llc
Current Estimated Value
$114,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Outstanding Balance
$312,597
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
-$198,264

Purchase Details

Listed on
Oct 4, 2014
Closed on
Sep 29, 2015
Sold by
Kuhl Property Management Llc
Bought by
Boroughf John and Boroughf Sarah
Seller's Agent
Kayla Dominique
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
George Copp
ERA REARDON REALTY, L.L.C.
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%

Purchase Details

Closed on
Jul 24, 2015
Sold by
Dake Laverne E and Dake Patricia L
Bought by
Kuhl Property Management Llc
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
Crownline Properties Llc -- Attorney
Boroughf John $24,000 At
Kuhl Property Management Llc -- At
Kuhl Property Management Llc $27,000 At
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crownline Properties Llc $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $24,000 -- --
09/10/2015 09/10/15 Pending -- -- --
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 $1,013 $43,000 $0 $0
2024 $9 $33,900 $0 $0
2023 $841 $31,300 $0 $0
2022 $926 $26,500 $0 $0
2021 $916 $20,750 $0 $0
2020 $905 $18,750 $0 $0
2019 $880 $12,750 $0 $0
2018 $840 $12,250 $0 $0
2017 $818 $12,750 $0 $0
2016 $698 $18,000 $18,000 $0
2015 $1,142 $13,950 $13,950 $0
2014 $1,142 $18,400 $18,400 $0
2013 -- $18,400 $18,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Kayla Dominique

    Seller's Agent in 2015

    Kayla Dominique

    HOWARD HANNA REAL ESTATE SERVI

    (517) 740-8910

    2 in this area

    216 Total Sales

    Kayla Dominique
    Section Image
  • George Copp

    Buyer's Agent in 2015

    George Copp

    ERA REARDON REALTY, L.L.C.

    (517) 474-2372

    1 in this area

    65 Total Sales

    George Copp
    Section Image
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Map

Source: MichRIC

MLS Number: 21035015

MichRIC

APN: 3-205600000

Michigan Jackson County Jackson 49203 Flat Iron

512 Union St, Jackson, MI

Not Listed for Sale

MultiFamily

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