NOT LISTED FOR SALE

Estimated Value: $73,000 - $123,000

5 Beds
3 Baths
1,676 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $40,000 $24 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $764/month

3 Days on Market

About This Home

As of November 2022

CALLING ALL INVESTORS! This fixer upper Triplex near Downtown Jackson is full of opportunity for Cash Flow!
Due to water/mold damage from an old water supply line leak, this property is in need of some significant rehab in the upper unit bathroom, main unit bath and kitchen, and throughout the lowest unit, at this price there is still plenty of room for equity growth with an ARV of approximately $145k and a great opportunity for 3 units of income and a high ROI! Could make for the perfect BRRRR!

Last Agent to Sell the Property

Michael West

Keller Williams Advantage License #6501426441 Listed on: 11/09/2022

Keller Williams Advantage

Last Buyer's Agent

Danielle Maliszewski

Tailored Real Estate Solutions License #6501310901

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 52.00 x 297.00

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,676 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1040500000

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 19700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2476
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1676
  • Sq Ft Total Bsmt: 838

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 5

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Jackson

Lot Info

  • List Price per Acre: 128571.4200
  • Lot Size Area: 0.35
  • Lot Dimensions: 52.00 x 297.00
  • Parcel Number: 1040500000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 1180.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1266.0000
  • Taxable Value: 19700.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Nevel Lehr G and Jennings Kimberly
Bought by
West Michael
Current Estimated Value
$107,530
Source: Public Records

Range of Values:

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Average Value
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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
West Michael $20,000 Lawyers Title Agcy Of Monroe
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $40,000 -11.1% $24 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $45,000 -- $27 / Sq Ft
Source: Realcomp

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 $2,148 $35,900 $0 $0
2024 $1,858 $31,300 $0 $0
2023 $1,441 $24,100 $0 $0
2022 $1,362 $19,700 $0 $0
2021 $623 $17,300 $0 $0
2020 $763 $19,450 $0 $0
2019 $742 $13,750 $0 $0
2018 $708 $15,500 $0 $0
2017 $649 $14,850 $0 $0
2016 $560 $12,800 $12,800 $0
2015 $788 $10,000 $10,000 $0
2014 $788 $12,700 $0 $0
2013 -- $12,700 $12,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221058038

Realcomp

APN: 1-040500000