NOT LISTED FOR SALE

Estimated Value: $94,000 - $135,049

3 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: November 16, 2016

Last sale price $35,500

Est. 226% increase in value since last sale

Current estimated payment $745 / mo

548 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • Wood Siding

About This Home

As of November 2016

Beautiful Victorian home was once used as a safe house for the underground railroad during the civil war and is one of the finest homes of its type in Jackson's historical district. The income property produces good cash flow. The entire structure underwent the lead abatement program with the city of Jackson 5 years ago. It's 2014 building code compliant. It has Energy Star windows and doors, new furnaces (96% energy efficient), new water heaters, programmable thermostats and tons of insulation. Giant windows with tons of natural light,large rear yard with alley access and private entry for each unit. Upper unit spans 2 spacious levels with walk-in closets and huge bedrooms. Modernized bathrooms with tile floors & original claw foot tubs. Ceilings fans throughout. Tons of storage. Close to downtown and transit stops. The exterior is vinyl & shingled. Roof 3 years old, Electric 5 years old.

Last Agent to Sell the Property

Martin Griffin

The Brokerage House License #6501307246 Listed on: 05/05/2015

Last Buyer's Agent

Kellie Garris

Howard Hanna Real Estate Services License #6501391105

Howard Hanna Real Estate Services

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 38x132

Home Design

  • Wood Siding
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,329
  • Gross Income $15,420
  • Net Operating Income $27,700

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 39850.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air, Space Heater
  • Heating: Yes
  • Water Source: Public Water
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air, Space Heater

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 38x132

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 15420.0
  • Net Operating Income: 27700.0
  • Number of Units Total: 2
  • Operating Expense: 5329.0

Tax Info

  • Tax Annual Amount: 946.02
  • Tax Year: 2014

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $35,500 -- --
Source: MichRIC

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21032664

MichRIC

APN: 3-203000000

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