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706 Leo Road

706 Leo Road, Jackson, MI 49203
Property in Summit
Sold Nov 05, 2021
$255,000
$204,000 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2051
Sold May 23, 2003
$100,000
706 Leo Road has been categorized by the local assessors in Jackson, MI as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 706 Leo Road has 2,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 34,107 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 564 sqft. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Nov 3, 2021 for $255,000. That's $125.74 per sqft. Prior to that sales transaction, the property was also sold in May 6, 2003 for $100,000. 706 Leo Road was last assessed in 2023. The total value of the property was assessed at $124,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,933. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,388
  • Garage Type: Garage
  • Garage Square Area: 564
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,107
  • Lot Size Depth Feet: 3,852
  • Total Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERVISORS PLAT OF TEFFT ACRES
  • Land Acres: 0.783
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 1/2 OF LOT 2 BLK 3 SUPERVISOR'S PLAT OF TEFFT ACRES

Ownership

  • Current Owner : SHANKS DANIEL
  • Current Owner 2: SHANKS KIM
  • Previous Owner : FITZPATRICK SEAN R
  • Previous Owner 2: BULA MEGAN A
  • Owner Before Previous Owner: BARC RACHEL A
  • Owner Before Previous Owner 2: BARC JOHN H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 005301

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 555-13-05-178-027-02
  • Block: 3
  • Lot: 2
  • Municipality: SUMMIT TWP
  • Latitude: 42.2412
  • Longitude: -84.4528

    Address

  • Full Address: 706 Leo Rd
  • Legal Unit: 2
  • Address - House Number: 706
  • Address - Street Name: Leo
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Jackson
  • Carrier Code: C031
  • 4-Digit Zip Code: 2532
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,933
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 289,804
  • High Value: 354,316
  • Low Value: 225,292

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $249,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11873571516
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2898504
  • Previous Sale Recording Date: May 23, 2003
  • Previous Sale Contract Date: May 06, 2003
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Jackson



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Frequently Asked Questions

What neighborhood is 706 Leo Road located in?
The 706 Leo Road is a located in the neighborhood of Summit in Jackson, Jackson.
What is the average sales price for listings in 706 Leo Road?
The average sales price for units in 706 Leo Road is $0 currently.

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