NOT LISTED FOR SALE

562 Gilletts Lake Rd Jackson, MI 49201

Estimated Value: $210,115 - $255,000

3 Beds
1 Bath
1,795 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $120,000 $67 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,396/month

4 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Forced Air Heating System
  • Deck
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2017

This well maintained home overlooking Gilletts Lake was originally built in the early 1900's and rebuilt in 2004 using the original foundation. Turnkey opportunity to acquire the home by the lake you've always wanted! Master bed and laundry on main floor for convenience with a huge deck overlooking the lake, providing breathtaking sunsets. The finished basement offers a second living area with plenty of room for entertaining and family gatherings. In the Michigan Center School District with a close bus stop for Michigan Center and/or East Jackson.

Last Agent to Sell the Property

CHRISTOPHER BRENEMAN

EXIT REALTY 1ST LLC License #6501385709 Listed on: 03/22/2017

EXIT REALTY 1ST LLC

Last Buyer's Agent

Brittany Miles

ERA REARDON REALTY, L.L.C. License #6501397335

ERA REARDON REALTY, L.L.C.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1905

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 145x138
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,795 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Built-In Oven
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,554

Year Built

Built in 1905

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1905
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Manufactured:Manufactured YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built in Oven
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1795.0
  • Basement Rooms:Total Basement SQFT: 720.0
  • Below Grade Sq Ft: 675.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Home Warranty: Yes
  • List Price: 109900.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Water Body Name: Gilletts Lake
  • Waterfront Features: Lake Front

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Gravel, Attached

Utilities

  • Heating: Forced Air, Other
  • Heating: Yes
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee Frequency: Other
  • Association: No

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 145x138
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2553.97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
May 19, 2017
Sold by
Woman Cynthia A Clark A
Bought by
Williamson Nathaniel and Lindemann Julie
Seller's Agent
CHRISTOPHER BRENEMAN
EXIT REALTY 1ST LLC
Buyer's Agent
Brittany Miles
ERA REARDON REALTY, L.L.C.
Sold Price
$120,000
Current Estimated Value
$231,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,279
Avg. Annual Appreciation
7.71%
Original Mortgage
$121,212
Outstanding Balance
$100,747
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$130,532

Purchase Details

Closed on
Feb 26, 2013
Sold by
Erskine Timothy J
Bought by
Clark Cynthia A

Purchase Details

Closed on
Sep 4, 2012
Sold by
Smith Gregory K
Bought by
Clark Cynthia A

Purchase Details

Closed on
Jun 29, 2011
Sold by
Smith Robert C
Bought by
Smith Robert C and Smith Gregory K

Purchase Details

Closed on
Aug 29, 2001
Sold by
Erskine Timothy J and Erskine Tonya C
Bought by
Smith Robert C

Purchase Details

Closed on
Jun 18, 1999
Sold by
Carter Frederick E and Carter Wodena M
Bought by
Erskine Timothy J
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
Williamson Nathaniel $120,000 Midstate Title Agency Southe
Clark Cynthia A -- None Available
Clark Cynthia A $22,500 None Available
Smith Robert C -- None Available
Smith Robert C $138,979 --
Erskine Timothy J $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Nathaniel $121,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $120,000 -- $67 / Sq Ft
03/26/2017 03/26/17 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 $2,319 $98,262 $0 $0
2024 $14 $95,671 $0 $0
2023 $1,322 $100,615 $0 $0
2022 $2,057 $88,498 $0 $0
2021 $2,027 $74,658 $0 $0
2020 $2,011 $76,118 $0 $0
2019 $1,950 $63,108 $0 $0
2018 $2,146 $69,672 $14,500 $55,172
2017 $1,609 $61,512 $0 $0
2016 $1,474 $61,911 $61,911 $0
2015 -- $53,703 $53,703 $0
2014 -- $56,817 $0 $0
2013 -- $56,817 $56,817 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21057067

MichRIC

APN: 000-09-27-376-017-00

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