NOT LISTED FOR SALE

116 S Mckenzie St Unit 116 1/2 S McKenzie Adrian, MI 49221

Estimated Value: $170,000 - $181,000

4 Beds
2 Baths
2,071 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $88,000 $42 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,283/month

Highlights

  • Main Floor Bedroom
  • Living Room
  • Ceiling height of 9 feet or more
  • Porch
  • Property is near schools
  • Forced Air Heating System

About This Home

As of July 2019

Great Investment in 116 S McKenzie Duplex that is close to Adrian College! First unit features 3 bedroom, large living room, and first floor laundry. Upper unit features 1 bedroom. Home has just recently been painted on the outside. Easy to rent in a great location! Rent includes utilities. Live in the larger unit and rent the upstairs unit!

Last Agent to Sell the Property

Janis Montalvo

Living In Lenawee Realty, LLC License #LCAR-6502382032 Listed on: 01/02/2019

Co-Listed By

Edward Montalvo

Living In Lenawee Realty, LLC License #LCAR-6501314487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57x165x27x84x79

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Internet Available

Additional Features

  • Porch
  • Property is near schools

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-220-4009-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2073.91
  • Total Tax Year: 2016
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Dining "L", Formal Dining Room
  • Sub Room Description: Entry, First Floor Bedroom, First Floor Laundry, Living Room, Lower Level Laundry
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2071

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch, Storms/Screens, Street Lights
  • Frontage: 57
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-220-4009-00
  • Location: Subdivision, Walk To School
  • Lot Dimensions: 57x165x27x84x79
  • Acreage: 0.16
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer, Electric, Gas
  • Lease Information: Month-To-Month, Electric Included, Gas Included, Water Included

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,494.97
  • Winter Tax: Year: 2016, Amount: $578.94
  • Taxable Value: 33500
  • Total Tax: Year: 2016, Amount: $2,073.91
  • SEV Year: 2016

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
Jan 2, 2019
Closed on
Jul 22, 2019
Sold by
Kemerer Mary E
Bought by
Krueger Stephen C
Seller's Agent
Janis Montalvo
Living In Lenawee Realty, LLC
List Price
$89,875
Sold Price
$88,000
Premium/Discount to List
-$1,875
-2.09%
Current Estimated Value
$175,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,210
Avg. Annual Appreciation
11.75%
Original Mortgage
$86,406
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Krueger Stephen C $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Stephen C $86,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $88,000 -2.1% $42 / Sq Ft
01/02/2019 01/02/19 For Sale $89,875 -- $43 / 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
2025 $4,245 $74,300 $0 $0
2024 $2,938 $68,400 $0 $0
2023 $3,532 $62,300 $0 $0
2022 $2,624 $57,300 $0 $0
2021 $2,578 $52,000 $0 $0
2020 $2,368 $47,600 $0 $0
2019 $101,811 $45,500 $0 $0
2018 $2,152 $53,240 $0 $0
2017 $2,097 $42,336 $0 $0
2016 $2,074 $38,892 $0 $0
2014 -- $34,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janis Montalvo

    Seller's Agent in 2019

    Janis Montalvo

    Living In Lenawee Realty, LLC

    (517) 403-6939

    45 in this area

    245 Total Sales

    Janis Montalvo
    Section Image
  • Edward Montalvo

    Seller Co-Listing Agent in 2019

    Edward Montalvo

    Living In Lenawee Realty, LLC

    (517) 403-6939

    3 in this area

    26 Total Sales

    Edward Montalvo
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31367886

Michigan Multiple Listing Service

APN: XA0-220-4009-00

Michigan Lenawee County Adrian 49221

116 S Mckenzie St Unit 116 1/2 S McKenzie, Adrian, MI

This home is located at 116 S Mckenzie St Unit 116 1/2 S McKenzie, Adrian, MI 49221 since 02 January 2019 and is currently estimated at $175,210, approximately $84 per square foot. This property was built in 1900. 116 S Mckenzie St Unit 116 1/2 S McKenzie is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and Trenton Hills Learning Center.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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