NOT LISTED FOR SALE

515 W Franklin St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $95,000 - $110,000

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

Last Sold July 27, 2022

Last sale price $75,000

Est. 22% increase in value since last sale

Current estimated payment $676/month

69 Days on Market

Highlights

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

About This Home

As of July 2022

This is a unique historic duplex in the Historic district of Jackson. Both apartments have their own garage! This duplex has a brand new steam boiler heating system with plumbing in a full basement with plenty of storage space. They are one bedroom, 1 bath apartments also a newer water heater. with original woodwork. The upper apartment has a small deck off the kitchen. The lower unit has a fireplace (diagonal) in the corner which gives it a unique look.

Last Agent to Sell the Property

Jay Horsfall

Jackson Property Manager License #6502356714 Listed on: 03/22/2022

Last Buyer's Agent

Watson Brothers Team

Coldwell Banker Beiswanger Realty Group License #0000000000

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Siding

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,164

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 75000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1164.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2014
Sold by
Rhoads David E and Niethammer Leslee
Bought by
Drln Properties Llc Ii
Current Estimated Value
$91,447

Purchase Details

Closed on
Jan 12, 2004
Sold by
First National Acceptance Co
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
$64,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1998
Bought by
Rhoads David E
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
Drln Properties Llc Ii -- None Available
Rhoads David E $62,000 --
Rhoads David E $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhoads David E $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2022 07/31/22 Off Market $75,000 -- --
07/27/2022 07/27/22 Sold $75,000 0.0% --
01/26/2022 01/26/22 For Sale -- -- --
11/23/2021 11/23/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $75,000 -- --
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 $2,050 $41,400 $0 $0
2024 $1,732 $35,400 $0 $0
2023 $1,664 $32,800 $0 $0
2022 $1,191 $27,000 $0 $0
2021 $1,178 $21,100 $0 $0
2020 $1,164 $19,450 $0 $0
2019 $1,132 $18,550 $0 $0
2018 $1,080 $17,950 $0 $0
2017 $990 $19,050 $0 $0
2016 $854 $19,400 $19,400 $0
2015 $1,272 $15,250 $15,250 $0
2014 $1,272 $20,500 $0 $0
2013 -- $20,500 $20,500 $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

    18 Total Sales

    Section Image

  • W

    Buyer's Agent in 2022

    Watson Brothers Team

    Coldwell Banker Beiswanger Realty Group

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21106044

Southwestern Michigan Association of REALTORS®

APN: 3-012900000

Michigan Jackson County Jackson 49201 Under the Oaks

515 W Franklin St, Jackson, MI

This home is located at 515 W Franklin St, Jackson, MI 49201 since 22 March 2022 and is currently estimated at $102,242. This property was built in 1910. 515 W Franklin 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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