NOT LISTED FOR SALE

5910 S Rickfield Rd Jackson, MI 49201

Estimated Value: $469,000 - $536,000

9 Beds
8 Baths
-- Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: September 12, 2014

Last sale price $210,000

Est. 136% increase in value since last sale

Current estimated payment $3,142 / mo

160 Days on Market

Highlights

  • Corner Lot
  • Sharp Park Academy Rated A-
  • Forced Air Heating System

About This Home

As of September 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 11⁄2 baths. Loads of updates. 1 carport for each unit. Township sewer and water. Underground sprinkler system.

Last Agent to Sell the Property

Tom Schindler

RE/MAX Mid-Michigan R.E. License #6502126473 Listed on: 02/24/2014

Last Buyer's Agent

Tom Schindler

RE/MAX Mid-Michigan R.E. License #6502126473 Listed on: 02/24/2014

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Lot Details

  • 30,056 Sq Ft Lot
  • Lot Dimensions are 158x191x158x191
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 4 Units
  • 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

0.69 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1974
  • Driveway:Driveway: Paved
  • Mineral Rights:Mineral Rights: No
  • Sewer:Sewer: Public Sewer
  • Lot Description:Lot Description: Corner Lot
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full

Exterior Features

  • Construction Materials: Vinyl Siding, Other
  • List Price: 275000.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air, Space Heater

Lot Info

  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Dimensions: 158x191x158x191

Rental Info

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

Multi Family

  • Net Operating Income: 72452.0
  • Number of Units Total: 4
  • Operating Expense: 7428.0

Tax Info

  • Tax Annual Amount: 5500.88
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Sep 12, 2014
Sold by
Bought by
Seller's Agent
Tom Schindler
RE/MAX Mid-Michigan R.E.
Buyer's Agent
Tom Schindler
RE/MAX Mid-Michigan R.E.
Sold Price
$210,000
Current Estimated Value
$495,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,804
Avg. Annual Appreciation
7.55%
Original Mortgage
$196,500
Outstanding Balance
$100,792
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$395,012
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$210,000 At
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $210,000 -- --
08/03/2014 08/03/14 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,747 $168,400 $0 $0
2025 $5,747 $164,400 $0 $0
2024 $55 $161,800 $0 $0
2023 $5,316 $151,500 $0 $0
2022 $6,564 $132,200 $0 $0
2021 $6,426 $127,700 $0 $0
2020 $6,334 $126,600 $0 $0
2019 $6,254 $128,900 $0 $0
2018 $6,075 $111,200 $0 $0
2017 $5,248 $109,800 $0 $0
2016 $4,378 $112,900 $112,900 $0
2015 $5,607 $116,700 $116,700 $0
2014 $5,607 $120,000 $120,000 $0
2013 -- $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom Schindler

    RE/MAX Michigan

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Map

Source: MichRIC

MLS Number: 21035035

MichRIC

APN: 563-13-28-403-018-00

Michigan Jackson County Jackson 49201

5910 S Rickfield Rd, Jackson, MI

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MichRIC Information is deemed reliable but not guaranteed.
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