NOT LISTED FOR SALE

540 Newell Ave Jackson, MI 49202

Estimated Value: $137,000 - $178,000

2 Beds
1 Bath
720 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $120,000 $167 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $962/month

3 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Cooling Available
  • No HOA
  • Eat-In Kitchen
  • Living Room

About This Home

As of January 2021

Super clean and ready to move in! Cozy home in a quiet neighborhood. This adorable bungalow is updated with newer electrical panel, roof, siding, and refrigerator. Hardwood floors under the carpet and nice features such as arched doorways and ceiling trim. Two sump pumps in basement. Located just outside the city, but close to shopping, parks, and highways.

Last Agent to Sell the Property

Laura Schlecte

THINKING REAL ESTATE License #6502106966 Listed on: 12/02/2020

Last Buyer's Agent

Misty Smith

HOWARD HANNA REAL ESTATE SERVI License #6501376523

HOWARD HANNA REAL ESTATE SERVI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1950

Lot Details

  • 6,098

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 6,098 Sq Ft Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 166.53
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 720.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1135.24
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: None
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 720.0
  • Air Conditioning:Attic Fan: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Dryer, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 720.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 720.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 119900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Attic Fan
  • Cooling: Yes
  • Heating: Forced Air, Other
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Association/Amenities

  • Association Info:Assoc Fee Payable: Other

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 120
  • Lot Size Sq Ft: 6098.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1135.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 27, 2021
Sold by
Carter Louise M
Bought by
Coats Maureen
Seller's Agent
Laura Schlecte
THINKING REAL ESTATE
Buyer's Agent
Misty Smith
HOWARD HANNA REAL ESTATE SERVI
Sold Price
$120,000
Current Estimated Value
$154,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,246
Avg. Annual Appreciation
5.19%
Original Mortgage
$11,782,600
Outstanding Balance
$10,519,946
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
-$10,365,700

Purchase Details

Closed on
Jun 11, 2020
Sold by
Carter Louise M and Carter Ronald A
Bought by
Carter Louise M

Purchase Details

Closed on
Sep 29, 2014
Sold by
Mcconnell Jason
Bought by
Carter Louise M and Carter Ronald A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Coats Maureen $120,000 None Available
Carter Louise M -- None Available
Carter Louise M $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coats Maureen $11,782,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $120,000 -- $167 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
Source: MichRIC

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 $1,861 $52,200 $0 $0
2024 $790 $52,650 $0 $0
2023 $790 $47,700 $0 $0
2022 $1,584 $45,000 $0 $0
2021 $1,153 $39,600 $0 $0
2020 $1,142 $37,000 $0 $0
2019 $1,114 $36,400 $0 $0
2018 $1,022 $36,300 $0 $0
2017 $965 $38,200 $0 $0
2016 $638 $34,527 $34,527 $0
2015 $926 $30,617 $30,617 $0
2014 $926 $28,926 $0 $0
2013 -- $28,926 $28,926 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Schlecte

    Seller's Agent in 2021

    Laura Schlecte

    THINKING REAL ESTATE

    (517) 780-3830

    4 in this area

    50 Total Sales

    Laura Schlecte
    Section Image
  • Misty Smith

    Buyer's Agent in 2021

    Misty Smith

    HOWARD HANNA REAL ESTATE SERVI

    (517) 474-3244

    2 in this area

    41 Total Sales

    Misty Smith
    Section Image
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Map

Source: MichRIC

MLS Number: 21047034

MichRIC

APN: 000-08-22-378-005-00

Michigan Jackson County Jackson 49202

540 Newell Ave, Jackson, MI

Not Listed for Sale

Detached

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