NOT LISTED FOR SALE

615 Steward Ave Jackson, MI 49202

Arts District Neighborhood

Estimated Value: $110,403 - $131,000

3 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 09, 2019

Last sale price $60,000

Est. 98% increase in value since last sale

Current estimated payment $759/month

140 Days on Market

About This Home

As of September 2019

Incredible City Certified investment opportunity! Whether you purchase to become a Landlord or you choose to live in one unit and rent the other. Completely updated and well maintained duplex for maintenance free living. This duplex offers a spacious fenced in yard and 2 large driveways. Newer vinyl windows, siding, roof, furnaces, water heaters and central air. Unit A has 2 possibly 3 bedrooms, laundry room with a light & airy kitchen. Unit B offers loft style Bedroom with plenty of natural light. Both units operate on separate gas and electric meters. Schedule your showing today!

Last Agent to Sell the Property

Mary Whitson

EXIT REALTY 1ST LLC License #6501385481 Listed on: 04/12/2019

EXIT REALTY 1ST LLC

Last Buyer's Agent

Eric Leighton

Home 1st Real Estate License #6501398494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas

Community Details

Overview

  • 2 Units
  • E Webb's N Addition Subdivision

Building Details

  • Operating Expense $2,200
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,141

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X132
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1141.45
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 2
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: E Webb's N Addition
  • Mineral Rights:No: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 67900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Other
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel

Utilities

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

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66X132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • Net Operating Income: 23000.01
  • Number of Units Total: 2
  • Operating Expense: 2199.99

Tax Info

  • Tax Annual Amount: 1141.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Sep 9, 2019
Sold by
Albert Randy J
Bought by
K Leighton Holdings Llc
Seller's Agent
Mary Whitson
EXIT REALTY 1ST LLC
Buyer's Agent
Eric Leighton
Home 1st Real Estate
Sold Price
$60,000
Current Estimated Value
$118,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,851
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Jun 1, 2009
Sold by
Albert Brenda J
Bought by
Albert Randy J

Purchase Details

Closed on
Feb 11, 2000
Sold by
The Cit Group/Consumer Finance Inc
Bought by
Albert Randy J and Albert Brenda J
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
K Leighton Holdings Llc $60,000 None Available
Albert Randy J -- None Available
Albert Randy J $24,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2019 09/09/19 Sold $60,000 -- --
08/30/2019 08/30/19 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 $1,628 $27,700 $0 $0
2024 $1,409 $26,100 $0 $0
2023 $1,352 $22,600 $0 $0
2022 $1,130 $19,000 $0 $0
2021 $1,118 $16,800 $0 $0
2020 $1,104 $15,600 $0 $0
2019 $1,197 $18,700 $0 $0
2018 $1,141 $16,650 $0 $0
2017 $1,174 $18,300 $0 $0
2016 $1,010 $18,100 $18,100 $0
2015 $1,439 $24,350 $24,350 $0
2014 $1,439 $23,200 $23,200 $0
2013 -- $23,200 $23,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Whitson

    Seller's Agent in 2019

    Mary Whitson

    EXIT REALTY 1ST LLC

    (517) 937-0532

    1 in this area

    75 Total Sales

    Mary Whitson
    Section Image

  • E

    Buyer's Agent in 2019

    Eric Leighton

    Home 1st Real Estate

    (517) 240-2748

    12 Total Sales

    Eric Leighton
    Section Image
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Map

Source: MichRIC

MLS Number: 21034952

MichRIC

APN: 2-114000000

Michigan Jackson County Jackson 49202 Arts District

615 Steward Ave, Jackson, MI

Not Listed for Sale

MultiFamily

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