NOT LISTED FOR SALE

110 W Albert St Adrian, MI 49221

Estimated Value: $169,000 - $221,000

8 Beds
4 Baths
8,000 Sq Ft
$25/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $160,000 $20 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,418/month

260 Days on Market

About This Home

As of December 2021

Nice move in ready Two Unit investment property Great income potential in the north side of Adrian. Well maintained and remodeled multi family dwelling. New furnace newer roof all new flooring must take a look!

Last Agent to Sell the Property

Debrah Loveland

Goedert Real Estate - Adr License #LCAR-6501405958 Listed on: 03/16/2021

Last Buyer's Agent

Kasey White

Foundation Realty, LLC License #LCAR-6506046326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • 60 Ft Wide Lot

Home Design

  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number xao256100201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,024

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • 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

  • Basement: Yes
  • Basement Type: Poured
  • Bedrooms: 8
  • Bathroom Description: Basement Bath, First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 8000

Exterior Features

  • Construction: Aluminum
  • Frontage: 60
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Natural Gas
  • Heating System: Baseboard
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: xao256100201
  • Lot Dimensions: 8800
  • Acreage: 0.2
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $741.39
  • Winter Tax: Year: 2019, Amount: $282.51
  • Taxable Value: 16784
  • Total Tax: Year: 2019, Amount: $1,023.90
  • SEV Year: 2020

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Dec 7, 2021
Sold by
Patel Rajanikant
Bought by
Mills Scotland
Seller's Agent
Debrah Loveland
Goedert Real Estate - Adr
Buyer's Agent
Kasey White
Foundation Realty, LLC
List Price
$239,000
Sold Price
$160,000
Premium/Discount to List
-$79,000
-33.05%
Current Estimated Value
$198,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,056
Avg. Annual Appreciation
6.21%
Original Mortgage
$136,000
Outstanding Balance
$126,165
Interest Rate
2.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$71,892

Purchase Details

Closed on
Nov 16, 2007
Sold by
Abdallah Nahed
Bought by
Northern Real Estates Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.45%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Mills Scotland $160,000 None Available
Patel Rajanikant -- None Available
Northern Real Estates Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Scotland $136,000
Previous Owner Raj Yogi $200,500
Previous Owner Raj Yogi $150,000
Previous Owner Northern Property Holdings Llc $150,000
Previous Owner Northern Property Holdings Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $160,000 -26.9% $20 / Sq Ft
08/19/2021 08/19/21 Price Changed $219,000 -8.4% $27 / Sq Ft
06/17/2021 06/17/21 Price Changed $239,000 0.0% $30 / Sq Ft
06/17/2021 06/17/21 For Sale $239,000 +49.4% $30 / Sq Ft
05/16/2021 05/16/21 Off Market $160,000 -- --
03/16/2021 03/16/21 For Sale $259,900 -- $32 / 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 $3,774 $90,200 $0 $0
2023 $5,082 $82,600 $0 $0
2022 $3,293 $75,600 $0 $0
2021 $1,225 $25,700 $0 $0
2020 $1,040 $23,500 $0 $0
2019 $70,413 $21,000 $0 $0
2018 $1,488 $35,294 $0 $0
2017 $1,446 $27,235 $0 $0
2016 $1,434 $25,330 $0 $0
2014 -- $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50036456

Michigan Multiple Listing Service

APN: XA0-256-1002-01