$26,923
SOLD DEC 29, 2016

157 E Butler St Adrian, MI 49221

-- Bed
-- Bath
3,817 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

43 Days on Market

About This Home

As of March 2020

Property sold as a package deal with 26 other properties at a total sale price of $700,000. Online Only Auction! Bidding Ends: Tuesday, November 15, 2016 at 12:00 pm. Buy one or all. 26 properties selling separately include a fourplex, duplex, single-family homes, and most are leased and generating income. Many are improved and immediate investment income. Tenant in Apt 1 and Apt 2 pays for electric and trash, tenant in Apt 3 pays for gas and trash, and tenant in Apt 4 pays for gas, electric, and trash.

Last Agent to Sell the Property

Pamela Rose

Pamela K. Rose Auction Co. LLC - Troy License #MCAR-6502336208 Listed on: 10/03/2016

Last Buyer's Agent

Nmls Nmls

Non-MLS Member License #MCAR-2753

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65 x 148
  • Corner Lot

Utilities

  • Boiler Heating System
  • Gas Water Heater

Additional Features

  • Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number XAO-000-0288-00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Year Built: 9999
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Estimated Sq Ft: 3817

Exterior Features

  • Construction: Aluminum
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XAO-000-0288-00
  • Location: Corner Lot
  • Lot Dimensions: 65 x 148
  • Acreage: 0.22
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Amount: $1,638.15
  • Winter Tax: Amount: $543.70
  • Total Tax: Amount: $2,181.85

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Mar 16, 2020
Sold by
Lee Villa Estates Llc
Bought by
Maumee Land Co Llc
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$93,039
Sold Price
$93,039
Current Estimated Value
$152,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,294
Avg. Annual Appreciation
10.48%
Original Mortgage
$667,500
Outstanding Balance
$596,427
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$439,094

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 29, 2016
Sold by
Sternquist Robert Eugene and Sternquist Anne Chase
Bought by
Maumee Land Company Llc
Seller's Agent
Pamela Rose
Pamela K. Rose Auction Co. LLC - Troy
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$26,923
Sold Price
$26,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.15%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $445,000 None Available
Warranty Deed $605,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,500 Purchase Money Mortgage
Previous Owner $86,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $93,039 0.0% $24 / Sq Ft
03/16/2020 03/16/20 For Sale $93,039 +245.6% $24 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
12/29/2016 12/29/16 Sold $26,923 0.0% $7 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $26,923 -- $7 / 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 $27 $3,400 $0 $0
2023 $1,303 $2,500 $0 $0
2022 $1,115 $19,500 $0 $0
2021 $1,095 $17,800 $0 $0
2020 $2,380 $43,900 $0 $0
2019 $1,696 $38,700 $0 $0
2018 $2,295 $44,802 $0 $0
2017 $2,270 $36,659 $0 $0
2016 $2,273 $41,561 $0 $0
2014 -- $40,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Baker

    Seller's Agent in 2020

    Mark Baker

    Foundation Realty, LLC

    (517) 206-2121

    109 in this area

    314 Total Sales

    Mark Baker
    Section Image
  • Pamela Rose

    Seller's Agent in 2016

    Pamela Rose

    Pamela K. Rose Auction Co. LLC - Troy

    (419) 350-0100

    1 in this area

    272 Total Sales

    Pamela Rose
    Section Image

  • N

    Buyer's Agent in 2016

    Nmls Nmls

    Non-MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 21227185

Michigan Multiple Listing Service

APN: XA0-000-0288-00

Michigan Lenawee County Adrian 49221

157 E Butler St, Adrian, MI

This home is located at 157 E Butler St, Adrian, MI 49221 and is currently priced at $26,923, approximately $7 per square foot. 157 E Butler St is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and St. Joseph Academy.

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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