NOT LISTED FOR SALE

515 W Franklin St Jackson, MI 49201

Under the Oaks Neighborhood

Estimated Value: $101,000 - $111,000

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

Last Sold July 27, 2022

Last sale price $75,000

Est. 39% increase in value since last sale

Current estimated payment $715/month

69 Days on Market

Highlights

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

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
  • Lot Dimensions are 65x69
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

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
  • 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: Shingle Siding, Other
  • List Price: 75000.0
  • Lot Features: Corner Lot
  • 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: 3.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam
  • Heating: Yes
  • Utilities: Electricity Connected, Cable Available, Natural Gas Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 65x69
  • Lot Size Sq Ft: 4792.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water
  • 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
$104,510

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:

--
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
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 List to Sale Price per Sq Ft
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: 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 $2,050 $41,400 $0 $0
2024 $17 $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

    17 Total Sales

    Jay Horsfall
    Section Image

  • W

    Buyer's Agent in 2022

    Watson Brothers Team

    Coldwell Banker Beiswanger Realty Group

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Map

Source: MichRIC

MLS Number: 21106044

MichRIC

APN: 3-012900000

Michigan Jackson County Jackson 49201 Under the Oaks

515 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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