NOT LISTED FOR SALE

123 S Mckenzie St Adrian, MI 49221

Estimated Value: $142,608 - $180,000

4 Beds
2 Baths
1,847 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $103,000 $56 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,015/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Main Floor Bedroom
  • Forced Air Heating System
  • 5-minute walk to West Park

About This Home

As of August 2022

Profitable duplex fully leased, separate utilities, ample parking plus a 2-car garage, 2 driveways! Well maintained and the upstairs recently renovated. Two, 2-bedroom, 1-bath units. Main floor unit with washer and dryer, forced air furnace. Second floor unit with electric baseboard heat, newer windows, new flooring and fresh paint. Full basement with washer and dryer. West side Adrian Convenient location!

Last Agent to Sell the Property

Kay Buenaflor Prong

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6501295684 Listed on: 04/29/2022

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Sam Cepida

Foundation Realty, LLC-Tecumseh License #LCAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 72 x 174

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Assrs 4 Adrian City Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-220-3022-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,334

Year Built

Built in 1890

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: 2334
  • Total Tax Year: 2021
  • Year Built: 1890
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, Lower Level Laundry
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1847

Exterior Features

  • Construction: Wood
  • Exterior Features: Sidewalks
  • Frontage: 72
  • Sideof Street: E
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-220-3022-00
  • Lot Dimensions: 72 x 174
  • Acreage: 0.25
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,694.00
  • Winter Tax: Year: 2021, Amount: $640.00
  • Taxable Value: 39185
  • Total Tax: Year: 2021, Amount: $2,334.00
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Swanee Investments Llc
Current Estimated Value
$161,152

Purchase Details

Closed on
Jul 29, 2010
Sold by
Lucas Shannon and Lucas Paula
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 21, 2006
Sold by
Simon Basil T and Kastel Larry L
Bought by
Lucas Shannon and Lucas Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2006
Sold by
Ehle Robert E and Ehle Marilyn J
Bought by
Kastel Larry and Kastel Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
6.82%
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
Swanee Investments Llc $13,250 Multiple
Federal Home Loan Mortgage Corp $109,456 None Available
Lucas Shannon $102,000 None Available
Kastel Larry $80,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Shannon $101,200
Previous Owner Kastel Larry $101,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $103,000 -5.5% $56 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $109,000 -- $59 / 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 $5,427 $72,600 $0 $0
2024 $3,401 $68,100 $0 $0
2023 $3,926 $63,100 $0 $0
2022 $2,376 $59,100 $0 $0
2021 $2,334 $54,500 $0 $0
2020 $2,319 $49,500 $0 $0
2019 $105,775 $47,200 $0 $0
2018 $2,236 $55,829 $0 $0
2017 $2,172 $44,604 $0 $0
2016 $2,155 $40,872 $0 $0
2014 -- $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kay Buenaflor Prong

    Seller's Agent in 2022

    Kay Buenaflor Prong

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-3390

    21 in this area

    324 Total Sales

    Kay Buenaflor Prong
    Section Image
  • Sam Cepida

    Buyer's Agent in 2022

    Sam Cepida

    Foundation Realty, LLC-Tecumseh

    (517) 424-4444

    11 in this area

    79 Total Sales

    Sam Cepida
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50072346

Michigan Multiple Listing Service

APN: XA0-220-3022-00

Michigan Lenawee County Adrian 49221

123 S Mckenzie St, Adrian, MI

This home is located at 123 S Mckenzie St, Adrian, MI 49221 since 29 April 2022 and is currently estimated at $161,152, approximately $87 per square foot. This property was built in 1890. 123 S Mckenzie St is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and Trenton Hills Learning Center.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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