NOT LISTED FOR SALE

205 Budlong St Adrian, MI 49221

Estimated Value: $134,000 - $154,000

2 Beds
2 Baths
1,758 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $87,500 $50 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,198/month

About This Home

As of October 2020

This property would be a great investment.

Last Agent to Sell the Property

Lenawee 'LIST' Non Member

NON MEMBER 'LIST' (L) License #LCAR-2110 Listed on: 10/01/2020

Last Buyer's Agent

Khrystopher Gould

Howard Hanna Real Estate Services-Adrian License #LCAR-6501418062

Howard Hanna Real Estate Services-Adrian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x165

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-445-0046-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2081.68
  • Total Tax Year: 2018
  • Year Built: 1920
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Frontage: 66
  • Foundation Type: Crawl

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s)
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-445-0046-00
  • Lot Dimensions: 66x165
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,505.49
  • Winter Tax: Year: 2018, Amount: $575.78
  • Total Tax: Year: 2018, Amount: $2,081.68

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
Oct 1, 2020
Closed on
Oct 1, 2020
Sold by
Sprague Tommie H and Sprague Lewis B
Bought by
Smith Craig
Seller's Agent
Lenawee 'LIST' Non Member
NON MEMBER 'LIST' (L)
Buyer's Agent
Khrystopher Gould
Howard Hanna Real Estate Services-Adrian
List Price
$93,500
Sold Price
$87,500
Premium/Discount to List
-$6,000
-6.42%
Current Estimated Value
$164,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,123
Avg. Annual Appreciation
9.82%
Original Mortgage
$65,625
Outstanding Balance
$58,370
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$85,246
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
Smith Craig $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Craig $65,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $87,500 -6.4% $50 / Sq Ft
10/01/2020 10/01/20 For Sale $93,500 -- $53 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
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 $4,043 $69,000 $0 $0
2024 $31 $63,600 $0 $0
2023 $3,859 $58,000 $0 $0
2022 $3,266 $53,500 $0 $0
2021 $3,267 $53,100 $0 $0
2020 $2,158 $48,500 $0 $0
2019 $1,538 $46,200 $0 $0
2018 $2,081 $53,886 $0 $0
2017 $2,022 $41,036 $0 $0
2016 $2,006 $37,683 $0 $0
2014 -- $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lenawee 'LIST' Non Member

    NON MEMBER 'LIST' (L)

  • Khrystopher Gould

    Buyer's Agent in 2020

    Khrystopher Gould

    Howard Hanna Real Estate Services-Adrian

    (517) 270-0241

    51 in this area

    126 Total Sales

    Khrystopher Gould
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50026077

Michigan Multiple Listing Service

APN: XA0-445-0046-00

Michigan Lenawee County Adrian 49221

205 Budlong St, Adrian, MI

Not Listed for Sale

MultiFamily

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