NOT LISTED FOR SALE

603 Backus St Jackson, MI 49202

Bennett Neighborhood

Estimated Value: $110,000 - $135,000

-- Bed
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $80,000

Est. 52% increase in value since last sale

Current estimated payment $875/month

6 Days on Market

About This Home

As of May 2022

Seller has received multiple offers and requests highest & best offers by 9PM Sunday, 3-13-22. Seller will review & respond to all offers by 5PM Monday, 3-14-22. Large, city certified duplex conveniently located near shopping, restaurants and Bennett School. Both 3bdrm apartments are currently rented . Spacious units have separate basements with storage & laundry hookups. Backus unit has an additional half bath, nice wood trim & French doors. Great opportunity as an income property, or possibly owner occupant w/ tenant helping pay the mortgage.

Last Agent to Sell the Property

Timothy Atkins

ERA REARDON REALTY, L.L.C. License #6506036004 Listed on: 03/08/2022

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Mary Whitson

EXIT REALTY 1ST LLC License #6501385481

EXIT REALTY 1ST LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,696

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $937
  • Manager Expense $1,680
  • Gross Income $16,800
  • Net Operating Income $13,046

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,696

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: 70000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 16800.0
  • Insurance Expense: 937.0
  • Manager Expense: 1680.0
  • Net Operating Income: 13046.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1695.73
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2017
Sold by
Mykala John F and Mykala Kay M
Bought by
Mykala John F and Mykala Kay M
Current Estimated Value
$121,791
Source: Public Records

Range of Values:

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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
Mykala John F -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $80,000 +14.3% --
03/08/2022 03/08/22 For Sale $70,000 -- --
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 $2,803 $55,800 $0 $0
2024 $2,425 $49,900 $0 $0
2023 $2,327 $38,900 $0 $0
2022 $1,714 $38,900 $0 $0
2021 $1,696 $35,700 $0 $0
2020 $1,675 $37,400 $0 $0
2019 $1,630 $33,000 $0 $0
2018 $1,554 $32,450 $0 $0
2017 $1,425 $29,500 $0 $0
2016 $1,228 $29,300 $29,300 $0
2015 $1,340 $30,700 $30,700 $0
2014 $1,340 $21,600 $21,600 $0
2013 -- $21,600 $21,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Atkins

    Seller's Agent in 2022

    Timothy Atkins

    ERA REARDON REALTY, L.L.C.

    (517) 937-2473

    4 in this area

    171 Total Sales

    Timothy Atkins
    Section Image
  • Mary Whitson

    Buyer's Agent in 2022

    Mary Whitson

    EXIT REALTY 1ST LLC

    (517) 937-0532

    3 in this area

    77 Total Sales

    Mary Whitson
    Section Image
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Map

Source: MichRIC

MLS Number: 22007105

MichRIC

APN: 2-113600000

Michigan Jackson County Jackson 49201 Bennett

603 Backus St, Jackson, MI

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