NOT LISTED FOR SALE

106 N Talbot St Addison, MI 49220

Estimated Value: $184,196

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $150,000

Est. 23% increase in value since last sale

Current estimated payment $1,271/month

14 Days on Market

About This Home

As of August 2021

Great Investment property. This duplex has recently been remodeled and updated. New paint, carpeting, stainless steel appliances, frontload washer and dryer, to name a few. Updated electrical, mechanical. Both units have 2 bedrooms, and plenty of closet space. It's not often that you can find an investment property that is completely redone and ready to start making you income. You can rent both units, or live in one and rent the other. The work has been completed for you. Now, all you need to do is reap the benefits. Each unit has its own furnace, hot water heater and separate utilities.

Last Agent to Sell the Property

Rene' Spahr

Coldwell Banker Denny Groves License #6501425039 Listed on: 07/30/2021

Coldwell Banker Denny Groves

Last Buyer's Agent

Madison Blonde

Michigan Woods & Waterfront Properties LLC License #6501437639

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Rubber Roof
  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,390

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 155000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Rubber
  • Topography: {"Level":true}

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2390.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 31, 2021
Sold by
Cupp Jennifer L and Cupp Jason A
Bought by
Im Free Llc
Seller's Agent
Rene' Spahr
Coldwell Banker Denny Groves
Buyer's Agent
Madison Blonde
Michigan Woods & Waterfront Properties LLC
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%
Current Estimated Value
$184,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,196
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 23, 2018
Sold by
Positive Industries Llc
Bought by
Cupp Jennifer L and Cupp Jason A
Seller's Agent
Desiree Thomas
CENTURY 21 Affiliated
Buyer's Agent
Desiree Thomas
CENTURY 21 Affiliated
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.87%
Original Mortgage
$54,400
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2013
Sold by
Eggleston Christopher M
Bought by
Positive Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 11, 2013
Sold by
Eggleston Virginia L
Bought by
Eggleston Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2003
Bought by
Positive Industries Llc
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
Im Free Llc $150,000 None Available
Cupp Jennifer L $68,000 --
Positive Industries Llc $32,000 Old Republic National Title
Eggleston Christopher M -- Old Republic National Title
Positive Industries Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cupp Jennifer L $54,400
Previous Owner Positive Industries Llc $24,000
Previous Owner Eggieston Christopher M $30,316
Previous Owner Morris April L $132,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $150,000 -5.1% --
07/30/2021 07/30/21 For Sale $158,000 +132.4% --
10/23/2018 10/23/18 Sold $68,000 -2.7% --
09/16/2018 09/16/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $69,900 -- --
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 $3,219 $65,600 $0 $0
2024 $1,257 $66,000 $0 $0
2023 -- $63,300 $0 $0
2022 $2,540 $63,200 $0 $0
2021 $2,438 $65,900 $0 $0
2020 $2,390 $44,800 $0 $0
2019 $86,994 $44,800 $0 $0
2018 $1,573 $31,761 $0 $0
2017 $1,539 $31,761 $0 $0
2016 $1,525 $30,954 $0 $0
2014 -- $29,549 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rene' Spahr

    Coldwell Banker Denny Groves

    (517) 607-6394

    165 Total Sales

    Rene' Spahr
    Section Image

  • M

    Buyer's Agent in 2021

    Madison Blonde

    Michigan Woods & Waterfront Properties LLC

    Section Image

  • D

    Seller's Agent in 2018

    Desiree Thomas

    CENTURY 21 Affiliated

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21097565

Southwestern Michigan Association of REALTORS®

APN: WD1-000-3032-00

Michigan Lenawee County Addison 49220

106 N Talbot St, Addison, MI

This home is located at 106 N Talbot St, Addison, MI 49220 since 30 July 2021 and is currently estimated at $184,196. This property was built in 1900. 106 N Talbot St is a home located in Lenawee County with nearby schools including Addison Elementary School, Addison Middle School, and Addison 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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