NOT LISTED FOR SALE

203 S Dean St Adrian, MI 49221

Estimated Value: $93,000 - $139,000

4 Beds
2 Baths
1,818 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $37,500 $21 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $890/month

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Hot Water Heating System

About This Home

As of January 2020

Calling all investors! This vacant duplex is the income property you've been looking for. Lower level apartment has 2 bedrooms, living room, HUGE kitchen, formal dining room, basement access and an enclosed porch. Upper level apartment has 2-3 bedrooms, formal dining room, and kitchen. This duplex has separate utilities and is city rental certified! Come take a look!

Last Agent to Sell the Property

Amber Berger

The Berger Group License #lcar-6505432789 Listed on: 11/27/2019

Last Buyer's Agent

Elizabeth Rising

Cornerstone Real Estate License #lcar-6501422182

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49x117.5
  • Corner Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Fixer Upper
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Brick Basement
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • E Side S Of Toledo Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-525-0007-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex, Fixer-Upper
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Contemporary
  • Total Tax Amount: 1548
  • Total Tax Year: 2018
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block, Brick
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Sub Room Description: Unfinished Room
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1818

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Frontage: 49
  • Foundation Type: Basement

Garage/Parking

  • Parking: 2 Spaces, On Street

Utilities

  • Water: Public Water
  • Water Heater: Electric, Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-525-0007-00
  • Location: Corner Lot
  • Lot Dimensions: 49x117.5
  • Acreage: 0.13
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,137.00
  • Winter Tax: Year: 2018, Amount: $411.00
  • Taxable Value: 23700
  • Total Tax: Year: 2018, Amount: $1,548.00
  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jan 7, 2020
Sold by
Williams Edwin S and Williams Kelly L
Bought by
Rodriguez Rickey N
Seller's Agent
Amber Berger
The Berger Group
Buyer's Agent
Elizabeth Rising
Cornerstone Real Estate
List Price
$57,000
Sold Price
$37,500
Premium/Discount to List
-$19,500
-34.21%
Current Estimated Value
$119,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,153
Avg. Annual Appreciation
22.49%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Williams Robert L and Williams Sharon
Bought by
Williams Edwin S and Williams Kelly L
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 Buyer Sale Price Title Company
Rodriguez Rickey N $37,500 None Available
Williams Edwin S -- ?
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rickey N $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $37,500 -34.2% $21 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $57,000 -- $31 / 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 $3,093 $46,000 $0 $0
2024 $2,023 $43,400 $0 $0
2023 $2,485 $39,500 $0 $0
2022 $3,740 $35,600 $0 $0
2021 $1,889 $30,700 $0 $0
2020 $1,618 $29,400 $0 $0
2019 $1,067 $26,700 $0 $0
2018 $1,443 $32,328 $0 $0
2017 $1,402 $24,773 $0 $0
2016 $1,391 $23,182 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50000967

Michigan Multiple Listing Service

APN: XA0-525-0007-00