NOT LISTED FOR SALE

215 N Broad St Unit 215 N Broad Street Adrian, MI 49221

Estimated Value: $116,000 - $177,000

6 Beds
3 Baths
3,448 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $105,000 $30 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,220/month

8 Days on Market

About This Home

As of October 2023

215 N Broad is currently a rental. There are two units, 4 bedroom, two bath and a two bedroom one bath. Being used as a two unit rental at this time. Possibility, with some remodeling, to change former commercial location into a third apartment. Current rent is 1550 per month with more possible. Great buy! Very close to downtown restaurants, Croswell Theater, Library and more.

Last Agent to Sell the Property

Mark Goedert

Goedert Real Estate - Adr License #LCAR-6502127023 & 6502127024 Listed on: 10/04/2023

Last Buyer's Agent

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 58x165

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0115-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1990
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block, MI Basement
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Estimated Sq Ft: 3448

Exterior Features

  • Frontage: 58
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-000-0115-00
  • Lot Dimensions: 58X165
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,022.84
  • Winter Tax: Year: 2022, Amount: $874.47
  • Taxable Value: 54991
  • Total Tax: Amount: $3,897.31
  • SEV Year: 2023

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2013
Sold by
Burnett Linda K
Bought by
Moore Homes Llc
Current Estimated Value
$158,240

Purchase Details

Closed on
Nov 30, 2009
Sold by
Bank Of Lenawee
Bought by
Bumett Linda K

Purchase Details

Closed on
Jun 12, 2008
Sold by
Burnett Linda K
Bought by
Bank Of Lenawee
Source: Public Records

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Range of Values:

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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
Moore Homes Llc $45,500 None Available
Bumett Linda K $56,951 Liberty Title Commercial Age
Bank Of Lenawee $65,214 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $105,000 +5.1% $30 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $99,900 -- $29 / 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 $4,064 $77,800 $0 $0
2023 $3,897 $72,300 $0 $0
2022 $3,280 $72,500 $0 $0
2021 $3,221 $69,400 $0 $0
2020 $3,199 $50,000 $0 $0
2019 $170,336 $66,000 $0 $0
2018 $3,717 $102,030 $0 $0
2017 $3,612 $82,593 $0 $0
2016 $3,582 $61,821 $0 $0
2014 -- $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50123952

Michigan Multiple Listing Service

APN: XA0-000-0115-00