NOT LISTED FOR SALE

600 Third St Jackson, MI 49203

Nicholls Neighborhood

Estimated Value: $77,000 - $92,000

2 Beds
3 Baths
1,350 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $53,000 $39 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $609/month

114 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 2-minute walk to Under the Oaks

About This Home

As of December 2020

Well maintained property with good income potential. Both units have 2 bedrooms and 1 bath each. Fenced back yard. Upper unit features a large balcony. Garage for extra storage. Call today for more information or to schedule a showing.

Last Agent to Sell the Property

CHRISTOPHER SPICER

GOOD EARTH REAL ESTATE, LLC License #6501385374 Listed on: 07/01/2020

Last Buyer's Agent

NON-MBR 'SOLD' NON-MBR 'SOLD'

NON-MEMBER REALTOR 'SOLD'

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,000
  • Gross Income $12,000
  • Net Operating Income $22,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,162

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 58000.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 12000.0
  • Net Operating Income: 22000.0
  • Number of Units Total: 2
  • Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 1161.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Feb 11, 2021
Sold by
Pendleton John L and Pendleton Jasmine
Bought by
Pendleton Investment Group Llc
Seller's Agent
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$53,000
Current Estimated Value
$85,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,843
Avg. Annual Appreciation
10.10%
Original Mortgage
$39,750
Outstanding Balance
$28,792
Interest Rate
2.26%
Mortgage Type
New Conventional
Estimated Equity
$57,051

Purchase Details

Listed on
Jul 1, 2020
Closed on
Dec 26, 2020
Sold by
600 Third Street Llc
Bought by
Pendleton John L and Pendleton Jasmine
Seller's Agent
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Outstanding Balance
$28,792
Interest Rate
2.26%
Mortgage Type
New Conventional
Estimated Equity
$57,051

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 26, 2018
Sold by
Jdkds Investments Llc
Bought by
600 Third Street Llc
Seller's Agent
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
Buyer's Agent
Chris Spicer
Heart for Homes, LLC
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Nov 27, 2017
Sold by
Lafond James R
Bought by
Jdkds Investments Llc
Seller's Agent
Sharon Norton
RE/MAX MID-MICHIGAN R.E.
Buyer's Agent
Sharon Norton
RE/MAX MID-MICHIGAN R.E.
Sold Price
$33,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.33%
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
Pendleton Investment Group Llc -- None Available
Pendleton John L $53,000 None Available
600 Third Street Llc $40,000 None Available
Jdkds Investments Llc $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendleton John L $39,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $53,000 +32.5% $39 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
06/27/2018 06/27/18 Sold $40,000 +21.2% $30 / Sq Ft View Prior Sale
05/14/2018 05/14/18 Pending -- -- --
11/27/2017 11/27/17 Sold $33,000 -- $24 / Sq Ft View Prior Sale
11/03/2017 11/03/17 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 $1,931 $35,300 $0 $0
2024 $1,671 $29,600 $0 $0
2023 $1,603 $26,800 $0 $0
2022 $1,261 $23,000 $0 $0
2021 $1,248 $17,650 $0 $0
2020 $1,157 $16,350 $0 $0
2019 $1,162 $16,550 $0 $0
2018 $1,100 $16,050 $0 $0
2017 $750 $17,100 $0 $0
2016 $647 $17,400 $17,400 $0
2015 $955 $11,550 $11,550 $0
2014 $955 $15,400 $15,400 $0
2013 -- $15,400 $15,400 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CHRISTOPHER SPICER

    GOOD EARTH REAL ESTATE, LLC

  • N

    Buyer's Agent in 2020

    NON-MBR 'SOLD' NON-MBR 'SOLD'

    NON-MEMBER REALTOR 'SOLD'

  • Chris Spicer

    Buyer's Agent in 2018

    Chris Spicer

    Heart for Homes, LLC

    (517) 240-0638

    1 in this area

    63 Total Sales

    Chris Spicer
    Section Image
  • Sharon Norton

    Seller's Agent in 2017

    Sharon Norton

    RE/MAX Michigan

    (517) 789-9945

    85 Total Sales

    Sharon Norton
    Section Image
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Map

Source: MichRIC

MLS Number: 21034714

MichRIC

APN: 3-023700000

Michigan Jackson County Jackson 49203 Nicholls

600 Third St, Jackson, MI

Not Listed for Sale

MultiFamily

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