NOT LISTED FOR SALE

6306 Wells Rd Jackson, MI 49201

Estimated Value: $162,022 - $241,000

Studio
-- Bath
-- Sq Ft
0.37 Acres

Last Sold July 15, 2016

Last sale price $84,900

Est. 135% increase in value since last sale

Current estimated payment $1,233/month

1,568 Days on Market

About This Home

As of July 2016

Investors, attention. Fully rented well maintained triplex in Napoleon schools. Tenants have been there for a long time and have an excellent payment record yet all are month to month if a owner occupied situation is desired. Tenants pay most of the utilities. Close to M-50 and US-127. Plenty of parking plus a storage shed for Landlord use. Great opportunity!

Last Agent to Sell the Property

Annie Hoover

ERA REARDON - BROOKLYN Listed on: 01/12/2012

ERA REARDON - BROOKLYN

Last Buyer's Agent

Annie Hoover

ERA REARDON - BROOKLYN Listed on: 01/12/2012

ERA REARDON - BROOKLYN

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1970

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120x100x120x100

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Space Heater
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • Net Operating Income $28,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,786

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick, Vinyl Siding, Wood Siding
  • List Price: 89900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Dimensions: 120x100x120x100

Multi Family

  • Net Operating Income: 28800.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1786.09
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jul 15, 2016
Sold by
Vandeventer Properties Llc
Bought by
Ronders Daniel L
Seller's Agent
Annie Hoover
ERA REARDON - BROOKLYN
Buyer's Agent
Annie Hoover
ERA REARDON - BROOKLYN
Sold Price
$84,900
Current Estimated Value
$199,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,606
Avg. Annual Appreciation
9.34%
Original Mortgage
$83,361
Outstanding Balance
$66,590
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$132,916

Purchase Details

Closed on
May 13, 2004
Sold by
Vandeventer David E and Vandeventer Patricia L
Bought by
Vendeventer Properties Llc

Purchase Details

Closed on
Oct 14, 2003
Sold by
Vandeventer Properties Llc
Bought by
Vandeventer David E and Vandeventer Patricia L

Purchase Details

Closed on
Aug 7, 2002
Sold by
Vandeventer David E and Vandeventer Patricia L
Bought by
Vandeventer Properties Llc

Purchase Details

Closed on
Oct 30, 2001
Sold by
Ebersole Lana D
Bought by
Vandeventer David E and Vandeventer Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1994
Bought by
Ebersole
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
Ronders Daniel L $84,900 Midstate Title Agency Southe
Vendeventer Properties Llc -- --
Vandeventer David E -- American Title Co Of Jackson
Vandeventer Properties Llc -- --
Vandeventer David E $82,500 --
Ebersole $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ronders Daniel L $83,361
Previous Owner Vandeventer David E $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $84,900 -- --
04/28/2016 04/28/16 Pending -- -- --
Source: MichRIC

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 $2,090 $64,100 $15,500 $48,600
2024 $14 $61,900 $0 $0
2023 $1,364 $54,900 $0 $0
2022 $1,430 $55,600 $0 $0
2021 $1,410 $49,800 $0 $0
2020 $1,409 $42,500 $0 $0
2019 $1,396 $41,100 $0 $0
2018 $1,350 $43,178 $0 $0
2017 $1,354 $43,700 $0 $0
2016 $1,481 $41,201 $41,201 $0
2015 $1,784 $37,191 $0 $37,191
2014 $1,784 $37,133 $0 $37,133
2013 -- $37,133 $0 $37,133
Source: Public Records

Agents Affiliated with this Home

  • Annie Hoover

    Seller's Agent in 2016

    Annie Hoover

    ERA REARDON - BROOKLYN

    (517) 812-3209

    1 in this area

    94 Total Sales

    Annie Hoover
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Map

Source: MichRIC

MLS Number: 21035278

MichRIC

APN: 150-14-27-151-003-00

Michigan Jackson County Jackson 49201

6306 Wells Rd, Jackson, MI

Not Listed for Sale

MultiFamily

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