NOT LISTED FOR SALE

550 Newell Ave Jackson, MI 49202

Estimated Value: $137,225 - $159,000

2 Beds
1 Bath
1,202 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $50,000 $42 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $961/month

119 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch
  • 1-Story Property

About This Home

As of May 2012

Cute 2 bedroom, 1 bath Home in Northwest School District. Lovely lot - wooded & private at back. Lg deck off back. NW schools, Blackman twp- close to highways for commuters! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for both HomePath Renovation Mortgage and Homepath Mortgage Financing

Last Agent to Sell the Property

Edward Kerley

EXIT REALTY 1ST LLC License #6506037187 Listed on: 12/13/2011

EXIT REALTY 1ST LLC

Last Buyer's Agent

Brent Johnson

Century 21 Affiliated - Jackson License #6501307692

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 102x120

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Woodworth Add Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

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: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 39.85
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 102x120
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1202.0
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 1275.34
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Location Property Info:Subdivision2: Woodworth Add
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1202.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Partial
  • LivingArea: 1202.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 810.0

Exterior Features

  • Exterior Features: Porch(es), Deck(s)
  • List Price: 47900.0
  • Water Body Name: None
  • Waterfront: No
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Forced Air, Natural Gas, Other
  • Heating: Yes
  • Sewer: Public Sewer
  • 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: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 102x120
  • Lot Size Sq Ft: 12196.8
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1275.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2011
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
Current Estimated Value
$150,056

Purchase Details

Closed on
Sep 18, 2006
Sold by
Tripp Ryan D and Tripp Olivia J
Bought by
Williams Tiffaney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Kasprzycki Garred J and Kasprzycki Theresa A
Bought by
Tripp Ryan D and Tripp Olivia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1996
Sold by
Kasprzycki Garred J

Purchase Details

Closed on
Jun 27, 1996
Sold by
Baker Robert S and Baker Doreen M
Bought by
Kasprzycki Garred J
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
Federal National Mortgage Association -- None Available
Williams Tiffaney $121,000 At
Tripp Ryan D $82,000 --
-- -- --
Kasprzycki Garred J $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Tiffaney $121,000
Previous Owner Tripp Ryan D $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $50,000 -- $42 / Sq Ft
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 $2,110 $68,050 $0 $0
2024 $7 $68,400 $0 $0
2023 $620 $62,100 $0 $0
2022 $1,902 $58,500 $0 $0
2021 $1,860 $51,800 $0 $0
2020 $1,839 $48,600 $0 $0
2019 $1,798 $47,800 $0 $0
2018 $1,685 $46,100 $0 $0
2017 $1,613 $43,900 $0 $0
2016 $1,250 $43,192 $43,192 $0
2015 $1,558 $32,655 $32,655 $0
2014 $1,558 $30,807 $0 $0
2013 -- $30,807 $30,807 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Kerley

    Seller's Agent in 2012

    Edward Kerley

    EXIT REALTY 1ST LLC

    (517) 796-0108

    4 in this area

    70 Total Sales

    Edward Kerley
    Section Image
  • Brent Johnson

    Buyer's Agent in 2012

    Brent Johnson

    Century 21 Affiliated - Jackson

    (517) 206-6548

    17 in this area

    106 Total Sales

    Brent Johnson
    Section Image
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Map

Source: MichRIC

MLS Number: 21076965

MichRIC

APN: 000-08-22-378-001-00

Michigan Jackson County Jackson 49202

550 Newell Ave, Jackson, MI

Not Listed for Sale

Detached

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