NOT LISTED FOR SALE

5900 S Rickfield Rd Jackson, MI 49201

Estimated Value: $439,164 - $528,000

9 Beds
8 Baths
-- Sq Ft
0.69 Acres

Last Sold November 07, 2014

Last sale price $210,000

Est. 124% increase in value since last sale

Current estimated payment $3,093/month

212 Days on Market

About This Home

As of November 2014

Looking for a great investment, income property or tax deductions, or all 3?? Checkout this very unique opportunity offer by this 4 unit located in Summit Townships 340 Farms. This building offer 2 - ranch style unit and 2 - 2-story townhouse units. Ranch unit has 2 bedrooms and 1 full bath or 1 1/2 baths and the 2-story units are both 3 bedrooms and 1½ baths. Loads of updates. 1 carport for each unit. Township sewer and water. Underground sprinkler system.

Last Agent to Sell the Property

Debbie Crownover

RE/MAX MID-MICHIGAN R.E. License #6502123236 Listed on: 02/24/2014

RE/MAX MID-MICHIGAN R.E.

Last Buyer's Agent

Corey Latocki

PRODUCTION REALTY - GRASS LAKE License #6501375767

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Lot Details

  • 0.69

Utilities

  • Forced Air Heating System
  • Space Heater

Additional Features

  • Crawl Space
  • 0.69 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Community Details

Overview

  • Three Forty Farms Subdivision

Building Details

  • Operating Expense $7,428
  • Net Operating Income $72,452

Property Details

Home Type

Apartment

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • List Price: 275000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Sq Ft: 30056.4

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 72452.0
  • Operating Expense: 7428.0

Tax Info

  • Tax Annual Amount: 5378.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Nov 7, 2014
Sold by
Rickfield Llc
Bought by
Wagler Neil
Seller's Agent
Debbie Crownover
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
Corey Latocki
PRODUCTION REALTY - GRASS LAKE
Sold Price
$210,000
Current Estimated Value
$471,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,291
Avg. Annual Appreciation
7.68%
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
Wagler Neil $210,000 At
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2014 11/07/14 Sold $210,000 -- --
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 $7,013 $159,000 $0 $0
2024 $5,384 $156,300 $0 $0
2023 $5,159 $146,300 $0 $0
2022 $6,411 $127,600 $0 $0
2021 $7,154 $123,200 $0 $0
2020 $7,455 $122,100 $0 $0
2019 $7,073 $124,300 $0 $0
2018 $6,333 $107,900 $0 $0
2017 $5,974 $106,600 $0 $0
2016 $4,246 $109,500 $109,500 $0
2015 $5,481 $113,200 $113,200 $0
2014 $5,481 $116,300 $0 $0
2013 -- $116,300 $116,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Crownover

    Seller's Agent in 2014

    Debbie Crownover

    RE/MAX Michigan

    (517) 789-8290

    50 in this area

    189 Total Sales

    Debbie Crownover
    Section Image

  • C

    Buyer's Agent in 2014

    Corey Latocki

    PRODUCTION REALTY - GRASS LAKE

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21032702

Southwestern Michigan Association of REALTORS®

APN: 563-13-28-403-019-00

Michigan Jackson County Jackson 49201

5900 S Rickfield Rd, Jackson, MI

This home is located at 5900 S Rickfield Rd, Jackson, MI 49201 since 24 February 2014 and is currently estimated at $471,291. This property was built in 1974. 5900 S Rickfield Rd is a home located in Jackson County with nearby schools including Sharp Park Academy, Middle School at Parkside, and Jackson High School.

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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