NOT LISTED FOR SALE

514 First St Jackson, MI 49203

Nicholls Neighborhood

Estimated Value: $68,000 - $272,000

4 Beds
4 Baths
4,547 Sq Ft
$40/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $38,000 $8 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $1,266/month

6 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • 2-minute walk to Under the Oaks
  • Sharp Park Academy Rated A-

About This Home

As of April 2024

Incredible opportunity to restore this large, 4 Unit Home or you could convert it to a Single Family home which would be great for multi-generational families just minutes to downtown. There are currently 4 units and each unit has 2 bedrooms, bathroom, living room, dining room and kitchen. You'll find two of these units on the 1st floor, 1 on the 2nd floor and the 4th on the 3rd floor. A floating staircase, lots of charm and character throughout the house. However, home is in need of significant repairs/renovations and is priced accordingly. There are 4 separate electric/gas meters. Gas & Electricity and Water are currently turned off. Home sold as is, seller will make no repairs. Seller will not activate utilities.

Last Agent to Sell the Property

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 03/28/2024

HOWARD HANNA REAL ESTATE SERVI

Co-Listed By

Teri Daniels

HOWARD HANNA REAL ESTATE SERVI License #6501398249

Last Buyer's Agent

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 03/28/2024

HOWARD HANNA REAL ESTATE SERVI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 67x136

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 67X136
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Crawl Space: Yes
  • Roofing:Rubber: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 49900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water
  • Heating: Yes
  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 67X136
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: R2

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4053.7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 25, 2021
Sold by
The City Of Jackson
Bought by
Rodney Hamilton Investments Inc
Seller's Agent
Rich Cook
ERA REARDON REALTY, L.L.C.
Buyer's Agent
Rich Cook
ERA REARDON REALTY, L.L.C.
Sold Price
$30,000
Current Estimated Value
$181,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,883
Avg. Annual Appreciation
47.34%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Jackson County Treasurer
Bought by
City Of Jackson

Purchase Details

Closed on
Feb 21, 2013
Sold by
Iberiabank
Bought by
Kouba Meredith

Purchase Details

Closed on
Oct 7, 2003
Sold by
Moe Rental Properties Llc
Bought by
Sadjak Lynn J and Sajdak Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2000
Sold by
Talmage Danny R and Talmage Carol S
Bought by
Moe Michael D and Moe Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.43%
Mortgage Type
Purchase Money Mortgage
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
Rodney Hamilton Investments Inc $30,000 Devon Title Agency
City Of Jackson $266,882 None Available
Kouba Meredith $1,700 Mst
Sadjak Lynn J $120,000 Midstate Title Co
Moe Michael D $69,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadjak Lynn J $108,000
Previous Owner Moe Michael D $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold $38,000 -23.8% $8 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $49,900 +66.3% $11 / Sq Ft
06/25/2021 06/25/21 Sold $30,000 -- $7 / Sq Ft View Prior Sale
05/27/2021 05/27/21 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 $3,957 $37,700 $0 $0
2024 $34 $74,800 $0 $0
2023 $3,284 $64,300 $0 $0
2022 $3,617 $52,300 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $1,328 $21,300 $21,300 $0
2014 $1,328 $21,400 $21,400 $0
2013 -- $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Herndon

    Seller's Agent in 2024

    Heather Herndon

    HOWARD HANNA REAL ESTATE SERVI

    (517) 787-9800

    4 in this area

    755 Total Sales

    Heather Herndon
    Section Image
  • Teri Daniels

    Seller Co-Listing Agent in 2024

    Teri Daniels

    HOWARD HANNA REAL ESTATE SERVI

    (517) 795-4680

    1 in this area

    90 Total Sales

    Teri Daniels
    Section Image

  • R

    Buyer Co-Listing Agent in 2024

    RUTH GUNDY

    HOWARD HANNA REAL ESTATE SERVI

    (517) 740-8353

    1 in this area

    37 Total Sales

    RUTH GUNDY
    Section Image
  • Rich Cook

    Seller's Agent in 2021

    Rich Cook

    ERA REARDON REALTY, L.L.C.

    (517) 474-7424

    5 in this area

    236 Total Sales

    Rich Cook
    Section Image
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Map

Source: MichRIC

MLS Number: 24014677

MichRIC

APN: 3-001100000

Michigan Jackson County Jackson 49203 Nicholls

514 First St, Jackson, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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