NOT LISTED FOR SALE

217 S Pearl St Tecumseh, MI 49286

Estimated Value: $181,000 - $260,000

4 Beds
2 Baths
2,400 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $68,000 $28 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,416/month

Highlights

  • Farmhouse Style Home
  • Walk-In Closet
  • Wood Siding
  • Porch
  • Forced Air Heating System
  • 3-minute walk to Elliot Park

About This Home

As of December 2018

Profitable from day one! This duplex is currently a rental with both units occupied. Rent is $600.00 each unit. The tenants work locally and would like to keep giving someone money.

Last Agent to Sell the Property

Scott Gray

Xsell Realty License #LCAR-6501407007 Listed on: 08/06/2018

Last Buyer's Agent

Nancy Duffey

Monroe Real Estate - Monroe License #MCAR-6501283099

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 42x133
  • Cleared Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Farmhouse Style Home
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Assrs Hewitts Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number XT0-481-1120-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Farm House
  • Total Tax Amount: 2462.6
  • Total Tax Year: 2017
  • Year Built: 1880
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Poured, Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Breakfast Nook/Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2400

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 42
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Electric, Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XT0-481-1120-00
  • Location: Main Street
  • Lot Dimensions: 42x133
  • Acreage: 0.13
  • Lot Description: Cleared
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Lease Information: $1-4/Sq Ft, Less Than 1 Year, Month-To-Month

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,233.32
  • Winter Tax: Year: 2017, Amount: $229.28
  • Taxable Value: 39255
  • Total Tax: Year: 2017, Amount: $2,462.60
  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 13, 2018
Sold by
Pinter Dennis
Bought by
Nljam Llc
Seller's Agent
Scott Gray
Xsell Realty
Buyer's Agent
Nancy Duffey
Monroe Real Estate - Monroe
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%
Current Estimated Value
$217,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,543
Avg. Annual Appreciation
15.08%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Donovan Shaun
Bought by
Pinter Dennis

Purchase Details

Closed on
Dec 10, 2008
Sold by
National City Real Estate Services Llc
Bought by
The Secretary Of Hud
Source: Public Records

Range of Values:

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Average Value
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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
Nljam Llc $68,000 --
Pinter Dennis -- None Available
The Secretary Of Hud -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $68,000 -8.0% $28 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $73,900 -7.5% $31 / Sq Ft
08/06/2018 08/06/18 For Sale $79,900 -- $33 / 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 $3,157 $65,100 $0 $0
2024 $2,825 $63,100 $0 $0
2023 $3,073 $58,300 $0 $0
2022 $2,947 $54,700 $0 $0
2021 $3,072 $52,900 $0 $0
2020 $3,182 $49,300 $0 $0
2019 $2,956 $46,900 $6,200 $40,700
2017 $2,395 $41,600 $6,200 $35,400
2016 $2,391 $40,700 $5,600 $35,100
2014 $2,441 $39,400 $7,200 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31356284

Michigan Multiple Listing Service

APN: XT0-481-1120-00