NOT LISTED FOR SALE

1545 E Michigan Ave Albion, MI 49224

Estimated Value: $73,000 - $150,000

3 Beds
1 Bath
1,409 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $26,000 $18 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $691/month

15 Days on Market

Highlights

  • 1.16 Acre Lot
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of January 2022

Nice lot with tons of potential, this three bedroom home is ready for someone to put in the work and bring it back to life.

Last Agent to Sell the Property

Breanne Speer

RE/MAX Perrett Associates - Marshall License #6501431410 Listed on: 11/17/2021

RE/MAX Perrett Associates - Marshall

Last Buyer's Agent

Joseph Verbeke

NextHome ACE Real Estate Services License #6502431448

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1890

Lot Details

  • 1.16 Acre Lot

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1890
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 28.39
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1409.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 648.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1409.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1409.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 714.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 40000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.16
  • Lot Size Area: 1.16
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 50530.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 648.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Hull Russell
Bought by
Boire Justice and Boire Traci
Current Estimated Value
$110,293

Purchase Details

Listed on
Nov 17, 2021
Closed on
Jan 31, 2022
Sold by
Richard Norton Kelly
Bought by
Hull Russell
Seller's Agent
Breanne Speer
RE/MAX Perrett Associates - Marshall
Buyer's Agent
Joseph Verbeke
NextHome ACE Real Estate Services
List Price
$40,000
Sold Price
$26,000
Premium/Discount to List
-$14,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.04%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Vhb Properties Inc
Bought by
Norton Robert D and Norton Kelly Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,750
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
Hud
Bought by
Vhb Properties Inc

Purchase Details

Closed on
Sep 27, 2003
Sold by
Hunt Gloria
Bought by
Muxlow Tara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boire Justice $22,000 None Listed On Document
Hull Russell $26,000 Lindsey Richard C
Norton Robert D $35,750 Chicago Title Insurance
Vhb Properties Inc $18,800 None Available
Muxlow Tara $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Robert D $31,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $26,000 -35.0% $18 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $40,000 -- $28 / Sq Ft
Source: MichRIC

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 $1,434 $29,200 $0 $0
2024 $320 $28,200 $0 $0
2023 $831 $26,500 $0 $0
2022 $190 $20,200 $0 $0
2021 $831 $18,500 $0 $0
2020 $648 $19,400 $0 $0
2019 $0 $18,700 $0 $0
2018 $0 $19,200 $7,300 $11,900
2017 $0 $19,500 $0 $0
2016 $0 $17,900 $0 $0
2015 -- $16,500 $16,424 $76
2014 -- $16,500 $16,424 $76
Source: Public Records

Agents Affiliated with this Home

  • Breanne Speer

    Seller's Agent in 2022

    Breanne Speer

    RE/MAX Michigan

    (517) 465-0648

    27 in this area

    111 Total Sales

    Breanne Speer
    Section Image
  • Joseph Verbeke

    Buyer's Agent in 2022

    Joseph Verbeke

    NextHome ACE Real Estate Services

    (517) 515-2125

    50 in this area

    68 Total Sales

    Joseph Verbeke
    Section Image
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Map

Source: MichRIC

MLS Number: 21115561

MichRIC

APN: 19-363-021-00

Michigan Calhoun County Albion 49224

1545 E Michigan Ave, Albion, MI

Not Listed for Sale

Detached

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