$32,500
SOLD MAY 6, 2025

201 E Chestnut St Albion, MI 49224

-- Bed
-- Bath
-- Sq Ft
4,966 Sq Ft Lot

Recently Sold

7% Below List Price

19 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Corner Lot: Yes

About This Home

As of May 2025

Investor Special! 3-unit, 1,746 sq ft home in the heart of Albion with huge income potential. Each unit offers unique layouts and separate entries. Property needs a full rehab/ideal for seasoned investors or flippers. Large lot, solid bones, and great location near downtown. Cash or renovation loans only. Sold as-is.

Last Agent to Sell the Property

Andrew Mellen

Berkshire Hathaway HomeServices MI Listed on: 04/17/2025

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Caramia Tasker

RE/MAX Perrett Associates License #6501434884

RE/MAX Perrett Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 35 x 141.5
  • Corner Lot: Yes

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35 x 141.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1551.0
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 35000.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 35 x 141.5
  • Lot Size Sq Ft: 4966.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1551.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
May 30, 2025
Sold by
Sands Lisa
Bought by
Geo Kimball Ventures Llc
Seller's Agent
Andrew Mellen
Berkshire Hathaway HomeServices MI
Buyer's Agent
Caramia Tasker
RE/MAX Perrett Associates
List Price
$35,000
Sold Price
$32,500
Premium/Discount to List
-$2,500
-7.14%
Views
20
Current Estimated Value
$71,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,500
Avg. Annual Appreciation
726.47%

Purchase Details

Listed on
Apr 17, 2025
Closed on
May 5, 2025
Sold by
Joe Homebuyer West Michigan Llc
Bought by
Sands Lisa
Seller's Agent
Andrew Mellen
Berkshire Hathaway HomeServices MI
Buyer's Agent
Caramia Tasker
RE/MAX Perrett Associates
List Price
$35,000
Sold Price
$32,500
Premium/Discount to List
-$2,500
-7.14%
Views
20

Purchase Details

Closed on
Feb 21, 2025
Sold by
Moye Rose Alice
Bought by
Joe Homebuyer West Michigan Llc

Purchase Details

Closed on
Nov 22, 2021
Sold by
Moye Rose Alice and Moye Calvin C
Bought by
Moye Rose Alice and Moye Stekier Sheree
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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $32,500 Next Door Title Agency
Warranty Deed $32,500 Next Door Title Agency
Warranty Deed $25,000 Next Door Title Agency
Warranty Deed $25,000 Next Door Title Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $32,500 -7.1% --
04/17/2025 04/17/25 For Sale $35,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $1,734 $51,100 $0 $0
2024 $1,017 $47,000 $0 $0
2023 $1,549 $35,500 $0 $0
2022 $966 $30,400 $0 $0
2021 $1,569 $24,200 $0 $0
2020 $1,168 $18,600 $0 $0
2019 $1,128 $19,300 $0 $0
2018 $1,128 $17,600 $4,800 $12,800
2017 $0 $17,100 $0 $0
2016 $0 $16,700 $0 $0
2015 -- $24,800 $0 $0
2014 -- $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25015979

Southwestern Michigan Association of REALTORS®

APN: 51-000-090-00