NOT LISTED FOR SALE

104 S Tecumseh St Adrian, MI 49221

Estimated Value: $123,000 - $154,501

6 Beds
3 Baths
3,744 Sq Ft
$38/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $125,000 $33 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,044/month

69 Days on Market

Highlights

  • 9,147 Acre Lot
  • Porch
  • Forced Air Heating System
  • Corner Lot
  • Walk-In Closet
  • 2-minute walk to Monument Park

About This Home

As of May 2024

Great location to own an investment property. Only reason the owner is selling is because he no longer lives in Michigan. Motivated Seller!!! This property has currently unit 1 and 2 rented. Their is also a storefront that is not pictured but accessible. The units have a shared laundry room. All updated units with fresh paint and carpet and remodeling. This property wont last long.

Last Agent to Sell the Property

Helen Moore

Irish Hills Realty License #LCAR-6501410043 Listed on: 02/08/2024

Last Buyer's Agent

Daniel Danjou

Brookstone, Realtors LLC License #6501403528

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 9,147 Acre Lot
  • Lot Dimensions are 80x115
  • Corner Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Brick Basement
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XA0515008700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement Type: Block, Brick
  • Bedrooms: 6
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3744

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim, Wood
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Frontage: 80
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Garage Type: Basement
  • Parking: 3 Or More Spaces, Unassigned/General, Paved Driveway

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0515008700
  • Location: Corner Lot
  • Lot Dimensions: 80x115
  • Acreage: 9147
  • Lot Description: Platted
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,188.03
  • Winter Tax: Year: 2023, Amount: $824.43
  • Taxable Value: 51845
  • Total Tax: Year: 2023, Amount: $3,012.46
  • SEV Year: 2023

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 30, 2020
Sold by
Usa Hud
Bought by
Walker Daniel C
Seller's Agent
Mark Goedert
Goedert Real Estate - Adr
Buyer's Agent
Helen Moore
Irish Hills Realty
List Price
$57,000
Sold Price
$65,000
Premium/Discount to List
$8,000
14.04%
Current Estimated Value
$140,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,875
Avg. Annual Appreciation
16.41%
Original Mortgage
$48,750
Outstanding Balance
$43,892
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,607

Purchase Details

Closed on
Jun 5, 2019
Sold by
Citimortgage Inc
Bought by
Usa Hud

Purchase Details

Closed on
Mar 7, 2019
Sold by
Moore Donald
Bought by
City Mtg Co
Source: Public Records

Similar Homes in Adrian, MI

  • 215 N Broad St, Adrian, MI 49221

    $117,500

    • 6 Beds
    • 3.5 Baths
    • 3,448 Sq Ft
    • 215 N Broad St
    • Adrian, MI

    Currently a duplex but can easily be a 3 unit. 3rd unit would have to be approved by the city of Adrian. The other 2 units were certified in 2023. Could be a great income producer.

    Marcia Randall Foundation Realty, LLC

    Section Image
  • 504 S Main St, Adrian, MI 49221

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,957 Sq Ft
    • 504 S Main St
    • Adrian, MI

    Great Income potential. Lower unit has 1 bedroom, Upper unit has 2 to 3 bedrooms with bonus space on 3rd floor. Each Unit has a full bath, Live in one and rent the other. Extra deep lot with 2 car detached garage. Separated Electric, Gas, Heat.

    Mike Knox Xsell Realty

    Section Image
  • 328 Merrick St, Adrian, MI 49221

    $161,000

    • 5 Beds
    • 2 Baths
    • 2,229 Sq Ft
    • 328 Merrick St
    • Adrian, MI

    Duplex in the heart of Adrian. Unit 1: 3 bedrooms, 1 bathroom, Beautiful hardwood floors and woodwork throughout. Updated kitchen. Unit 2 (rented monthly): 2 bedrooms, 1 bathroom. Additional Features: over 2200 square feet of living space, Private porches for each unit, Detached 2-car garage, Newer roof and hot water heater. Ideal for generating rental income of offsetting your mortgage,

    Mike Knox Xsell Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Walker Daniel C $65,000 None Available
Usa Hud -- None Available
City Mtg Co $32,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Daniel C $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $125,000 -16.6% $33 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $149,900 +130.6% $40 / Sq Ft
05/07/2020 05/07/20 Sold $65,000 +14.0% $29 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $57,000 -- $25 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $3,123 $67,200 $0 $0
2023 $3,841 $61,500 $0 $0
2022 $2,994 $55,300 $0 $0
2021 $2,941 $47,800 $0 $0
2020 $2,178 $46,800 $0 $0
2019 $1,952 $42,600 $0 $0
2018 $2,201 $51,846 $0 $0
2017 $2,441 $36,264 $0 $0
2016 $2,424 $33,984 $0 $0
2014 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50133162

Michigan Multiple Listing Service

APN: XA0-515-0087-00