NOT LISTED FOR SALE

700 Second St Jackson, MI 49203

Nicholls Neighborhood

Estimated Value: $92,000 - $154,786

3 Beds
2 Baths
2,736 Sq Ft
$44/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $50,000 $18 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $831/month

100 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 2019

Great Investment Opportunity! Side By Side Duplex that has one side rented. Tenants moving out of the other side shortly. Many updates in the last few years. Including, Laminate Floors in 700, Vinyl Sided in 2012, New Furnace in 702 (2015). Tenants Rights, 24 hr. minimum notice to show.

Last Agent to Sell the Property

Kimberly Kurtz

EXIT REALTY 1ST LLC License #6502343614 Listed on: 06/26/2019

EXIT REALTY 1ST LLC

Last Buyer's Agent

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

NON-MEMBER REALTOR 'SOLD'

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 62x136

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62x136
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 1487.55
  • Waterfront Options:Water Access YN: No Water Selection
  • General Property Info:Total _pound_ Units: 2
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 52900.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public, Other

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 62x136
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Net Operating Income: 33600.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1487.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Lerolland Wagner Mariah and Bambling Malcolm
Bought by
700 702 2Nd Llc
Current Estimated Value
$119,447

Purchase Details

Listed on
Jun 26, 2019
Closed on
Dec 12, 2019
Sold by
Foster Kevin R and Foster Judy
Bought by
Lerolland Wagner Mariah and Bambling Malcolm
Seller's Agent
Kimberly Kurtz
EXIT REALTY 1ST LLC
Buyer's Agent
NON-MBR 'SOLD' NON-MBR 'SOLD'
NON-MEMBER REALTOR 'SOLD'
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
15.59%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Chase Home Finance Llc
Bought by
Hud

Purchase Details

Closed on
Mar 23, 2001
Sold by
Brown Kody D and Brown Karen L
Bought by
Robinson Brady R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,450
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1999
Sold by
Emc Mtg Corp
Bought by
Brown Kody D and Brown Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.75%
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
700 702 2Nd Llc -- None Available
Lerolland Wagner Mariah $50,000 State Street Title Agcy Llc
Hud -- None Available
Robinson Brady R $96,000 --
Brown Kody D $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Brady R $94,450
Previous Owner Brown Kody D $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $50,000 -- $18 / Sq Ft
10/04/2019 10/04/19 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 $2,464 $65,500 $0 $0
2024 $2,132 $57,000 $0 $0
2023 $2,046 $52,100 $0 $0
2022 $2,253 $43,800 $0 $0
2021 $2,229 $34,500 $0 $0
2020 $2,202 $31,100 $0 $0
2019 $1,559 $27,500 $0 $0
2018 $1,488 $26,400 $0 $0
2017 $1,364 $27,450 $0 $0
2016 $1,176 $27,400 $27,400 $0
2015 $1,722 $21,000 $21,000 $0
2014 $1,722 $27,750 $27,750 $0
2013 -- $27,750 $27,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Kurtz

    Seller's Agent in 2019

    Kimberly Kurtz

    EXIT REALTY 1ST LLC

    (517) 796-9300

    1 in this area

    86 Total Sales

    Kimberly Kurtz
    Section Image

  • N

    Buyer's Agent in 2019

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

    NON-MEMBER REALTOR 'SOLD'

See All Agents

Map

Source: MichRIC

MLS Number: 21034908

MichRIC

APN: 3-014500000

Michigan Jackson County Jackson 49203 Nicholls

700 Second St, Jackson, MI

Not Listed for Sale

MultiFamily

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