NOT LISTED FOR SALE

707 Backus St Jackson, MI 49202

Bennett Neighborhood

Estimated Value: $67,000 - $116,010

4 Beds
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold March 02, 2018

Last sale price $36,000

Est. 172% increase in value since last sale

Current estimated payment $524/month

40 Days on Market

About This Home

As of March 2018

Fully occupied and city certified in December 2017 duplex close to Bennett Elementary School. Upper unit offers 2BR/1BA and appliances rented for $450 per month. Lower unit offers 2BR/1BA, appliances, dining room, enclosed porch and currently rented for $550 per month. Each unit has it's own water heater and furnace. New 100 amp service in upper unit. New roof on front and back of home in 2015. Tenants are month to month.

Last Agent to Sell the Property

Heather Herndon

HOWARD HANNA REAL ESTATE SERVI License #6501335416 Listed on: 12/07/2017

HOWARD HANNA REAL ESTATE SERVI

Last Buyer's Agent

Mike Kendall

Executive Brokers Residential and Commercial Real Estate License #6506048214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $541

Year Built

  • Built in 1934

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 33x69

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water

Community Details

Overview

  • 2 Units
  • Geo Webb's Add Subdivision

Building Details

  • Operating Expense $3,307
  • Gross Income $12,000
  • Net Operating Income $22,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$541

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1934
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x69
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 540.86
  • 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: Geo Webb's Add
  • Substructure:Crawl Space: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full

Exterior Features

  • List Price: 39900.0
  • Lot Features: Sidewalk
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

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

Association/Amenities

  • Association Info:Assoc Fee Payable: None

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 33x69
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 12000.0
  • Net Operating Income: 22076.14
  • Number of Units Total: 2
  • Operating Expense: 3306.86

Tax Info

  • Tax Annual Amount: 540.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Myers Kurtis
Bought by
Kumy Holdigns Llc
Current Estimated Value
$97,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$31,230
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$67,482

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 2, 2018
Sold by
Myers Kurtis
Bought by
Kumy Holdings Llc
Seller's Agent
Heather Herndon
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Mike Kendall
Executive Brokers Residential and Commercial Real Estate
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$27,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 27, 2018
Sold by
Dbr Investments Llc
Bought by
Myers Kurtis
Seller's Agent
Heather Herndon
HOWARD HANNA REAL ESTATE SERVI
Buyer's Agent
Mike Kendall
Executive Brokers Residential and Commercial Real Estate
Sold Price
$36,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 7, 2003
Sold by
Dowley Mark A and Dowley Diane D
Bought by
Alhan Properties Llc

Purchase Details

Closed on
Feb 21, 2003
Sold by
Baxter David B and Baxter Donna
Bought by
Dowley Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,630
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kumy Holdigns Llc -- None Available
Myers Kurtis -- None Available
Kumy Holdings Llc -- Devon Title Co
Myers Kurtis $36,000 None Available
Federal National Mortgage Association -- None Available
Alhan Properties Llc -- --
Dowley Mark A $60,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Kurtis $35,000
Previous Owner Myers Kurtis $27,000
Previous Owner Dowley Mark A $54,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $36,000 -- --
01/16/2018 01/16/18 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

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 $41 $700 $0 $0
2024 $36 $600 $0 $0
2023 $49 $1,200 $0 $0
2022 $120 $3,400 $0 $0
2021 $927 $21,400 $0 $0
2020 $916 $22,400 $0 $0
2019 $891 $12,700 $0 $0
2018 $590 $12,150 $0 $0
2017 $541 $11,050 $0 $0
2016 $466 $11,000 $11,000 $0
2015 $509 $11,600 $11,600 $0
2014 $509 $8,200 $8,200 $0
2013 -- $8,200 $8,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Herndon

    Seller's Agent in 2018

    Heather Herndon

    HOWARD HANNA REAL ESTATE SERVI

    (517) 787-9800

    4 in this area

    786 Total Sales

    Heather Herndon
    Section Image
  • Mike Kendall

    Buyer's Agent in 2018

    Mike Kendall

    Executive Brokers Residential and Commercial Real Estate

    (517) 474-0832

    2 in this area

    149 Total Sales

    Mike Kendall
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Kendall

    Coldwell Banker Beiswanger Realty Group

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21034773

Southwestern Michigan Association of REALTORS®

APN: 2-115900000

Michigan Jackson County Jackson 49202 Bennett

707 Backus St, Jackson, MI

This home is located at 707 Backus St, Jackson, MI 49202 since 07 December 2017 and is currently estimated at $97,753. This property was built in 1934. 707 Backus St is a home located in Jackson County with nearby schools including Hunt Elementary School, Middle School at Parkside, and Jackson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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