NOT LISTED FOR SALE

1401 Shepherd Rd Tecumseh, MI 49286

Estimated Value: $255,120 - $281,000

4 Beds
2 Baths
1,440 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $220,000 $153 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,789/month

Highlights

  • 2.63 Acre Lot
  • Forced Air Heating and Cooling System
  • Many Trees
  • Ranch Style House
  • Water Softener is Owned

About This Home

As of February 2022

Fresh total renovation of this 2 unit duplex. Walking distance to the new Hospital. Excellent opportunity to get right into cash flow. Interior has new everything! New furnace, water heater, central A/C, water softener systems. Separate gas, and electric meters. On the outside there is new siding, trim, doors, and windows. Separate drives and parking areas. There is nothing left to do.

Last Agent to Sell the Property

Jason Perry

Irish Hills Realty License #LCAR-6501395267 Listed on: 10/05/2021

Last Buyer's Agent

Mitchell Ramsey

Irish Hills Realty License #LCAR-6502381786

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 2.63 Acre Lot
  • Lot Dimensions are 190x603
  • Rural Setting
  • Many Trees

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding
  • Vinyl Trim

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Microwave
  • Block Basement Construction

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number AD0-112-2210-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,833

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 1833
  • Total Tax Year: 2020
  • Year Built: 1975
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Microwave, Water Softener - Owned
  • Basement Type: Block
  • Bedrooms: 4
  • Bathroom Description: Shared
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1440

Exterior Features

  • Construction: Aluminum, Vinyl Siding, Vinyl Trim
  • Frontage: 190
  • Foundation Type: Crawl
  • Roads: City/County, Paved Street, Country

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: AD0-112-2210-00
  • Location: Rural
  • Lot Dimensions: 190x603
  • Acreage: 2.63
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,059.00
  • Winter Tax: Year: 2020, Amount: $774.00
  • Total Tax: Year: 2020, Amount: $1,833.00
  • SEV Year: 2021

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
Jun 20, 2020
Sold by
Lover Patricia and Lover John R
Bought by
T R
Current Estimated Value
$272,040

Purchase Details

Closed on
Nov 26, 2019
Sold by
Lover Patricia
Bought by
Lover Patricia

Purchase Details

Closed on
Oct 7, 2011
Sold by
Wells Fargo Bank N A
Bought by
Lover Gerald

Purchase Details

Closed on
Oct 7, 2010
Sold by
Flett Robert A
Bought by
Wells Fargo Bank Na
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
T R $60,000 None Available
Lover Patricia -- None Available
Lover Patricia -- None Available
Lover Gerald $42,255 None Available
Wells Fargo Bank Na $123,590 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $220,000 -2.2% $153 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/19/2022 01/19/22 Price Changed $225,000 -5.9% $156 / Sq Ft
10/06/2021 10/06/21 Price Changed $239,000 +6.2% $166 / Sq Ft
10/05/2021 10/05/21 For Sale $225,000 -- $156 / 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 $4,088 $91,100 $0 $0
2024 $2,397 $90,800 $0 $0
2022 $1,325 $65,400 $0 $0
2021 $2,280 $48,300 $0 $0
2020 $1,833 $43,300 $0 $0
2019 $0 $40,100 $0 $0
2018 $1,765 $40,138 $0 $0
2017 $1,711 $38,518 $0 $0
2016 $1,679 $36,811 $0 $0
2014 -- $35,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Perry

    Seller's Agent in 2022

    Jason Perry

    Irish Hills Realty

    (517) 206-0856

    2 in this area

    61 Total Sales

    Jason Perry
    Section Image

  • M

    Buyer's Agent in 2022

    Mitchell Ramsey

    Irish Hills Realty

    (517) 403-5953

    1 in this area

    42 Total Sales

    Mitchell Ramsey
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50057041

Michigan Multiple Listing Service

APN: AD0-112-2210-00

Michigan Lenawee County Tecumseh 49286

1401 Shepherd Rd, Tecumseh, MI

This home is located at 1401 Shepherd Rd, Tecumseh, MI 49286 since 05 October 2021 and is currently estimated at $272,040, approximately $188 per square foot. This property was built in 1975. 1401 Shepherd Rd is a home located in Lenawee County with nearby schools including Adrian High School and Lenawee Seventh-Day Adventist 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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