NOT LISTED FOR SALE

631 Oak St Jackson, MI 49201

Downtown Jackson Neighborhood

Estimated Value: $103,000 - $130,000

Studio
-- Bath
-- Sq Ft
0.28 Acres

Last Sold February 28, 2017

Last sale price $50,000

Est. 135% increase in value since last sale

Current estimated payment $765/month

162 Days on Market

About This Home

As of February 2017

INVESTORS WANTED FOR THIS TRIPLEX MULTI UNIT: Located on the North side of the City of Jackson, this 2015 City Certified 3 unit property is ready for its new Owners. Upper / Lower style both units offer good square footage both have 1 bedroom.There is also a 1 bedroom currently empty.Currently bringing in $1650 a month. Move in one side and let the other sides pay your payments. Close to Dining and Shopping. Make your appointment to day to see this Triplex multi unit investment property.

Last Agent to Sell the Property

Deborah Chambers

Five Star Real Estate-Cooper License #6501382458 Listed on: 08/20/2016

Last Buyer's Agent

Debbie Crownover

RE/MAX MID-MICHIGAN R.E. License #6502123236

RE/MAX MID-MICHIGAN R.E.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $762

Year Built

  • Built in 1900

Lot Details

  • 0.28

Home Design

  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

  • N 2 Ft Of Lot 2 All Of Lo Subdivision
  • Net Operating Income $1,650

Property Details

Home Type

Apartment

Est. Annual Taxes

$762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 54000.0
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Multi Family

  • Net Operating Income: 1650.0

Tax Info

  • Tax Annual Amount: 762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2018
Sold by
Mellinger Alan and Mellinger Diane
Bought by
Mellinger Alan and Mellinger Diane
Current Estimated Value
$117,349

Purchase Details

Listed on
Aug 20, 2016
Closed on
Feb 28, 2017
Sold by
Brown Stephen Howard and Brown Kathleen Marie
Bought by
Mellinger Alan and Mellinger Diane
Seller's Agent
Deborah Chambers
Five Star Real Estate-Cooper
Buyer's Agent
Debbie Crownover
RE/MAX MID-MICHIGAN R.E.
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$37,500
Outstanding Balance
$31,028
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$86,321

Purchase Details

Listed on
Aug 20, 2016
Closed on
Feb 16, 2017
Sold by
Lawrie Smith Steven and Lawrie Smith Beth Marie
Bought by
Brown Stephen H and Brown Kathleen Marie
Seller's Agent
Deborah Chambers
Five Star Real Estate-Cooper
Buyer's Agent
Debbie Crownover
RE/MAX MID-MICHIGAN R.E.
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$31,028
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$86,321

Purchase Details

Closed on
Jan 5, 2001
Sold by
Marriott Frank A and Marriott Elizabeth Ann
Bought by
Brown Steven Howard and Brown Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage
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
Mellinger Alan -- None Available
Mellinger Alan $50,000 Attorney
Brown Stephen H -- Attorney
Brown Steven Howard $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellinger Alan $37,500
Previous Owner Brown Steven Howard $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $50,000 -- --
01/29/2017 01/29/17 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 $1,808 $50,100 $0 $0
2024 $16 $40,300 $0 $0
2023 $1,361 $33,100 $0 $0
2022 $1,513 $31,400 $0 $0
2021 $1,499 $26,750 $0 $0
2020 $1,482 $25,000 $0 $0
2019 $1,441 $23,900 $0 $0
2018 $1,372 $21,250 $0 $0
2017 $706 $20,600 $0 $0
2016 $673 $13,400 $13,400 $0
2015 $861 $11,600 $11,600 $0
2014 $861 $13,450 $0 $0
2013 -- $13,450 $13,450 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deborah Chambers

    Five Star Real Estate-Cooper

  • Debbie Crownover

    Buyer's Agent in 2017

    Debbie Crownover

    RE/MAX Michigan

    (517) 789-8290

    173 Total Sales

    Debbie Crownover
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Map

Source: MichRIC

MLS Number: 21035261

MichRIC

APN: 7-010900000

Michigan Jackson County Jackson 49201 Downtown Jackson

631 Oak St, Jackson, MI

Not Listed for Sale

MultiFamily

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