NOT LISTED FOR SALE

218 E Hunt St Adrian, MI 49221

Estimated Value: $153,000 - $192,000

4 Beds
2 Baths
1,600 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $59,900 $37 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,227/month

199 Days on Market

About This Home

As of August 2017

Investment opportunity. Instant Cash Flow!!! Some updates, cleaned and ready to rent. Upper unit: 2 bedrooms, 1 bath, large living area and bedrooms are spacious. Kitchen has new flooring. Lower Unit: New flooring, new title tub surround, 2 bedrooms, 1 bath with possible 3 bedroom. Main floor with separate entrance. Detached 2 car garage. Easy to rent.

Last Agent to Sell the Property

Jamie Beach

Xsell Realty License #LCAR-6501347031 Listed on: 01/08/2017

Last Buyer's Agent

Rich Osborn

Xsell Realty License #LCAR-6501401982

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132

Parking

  • 2 Car Detached Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0308-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Lenawee
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2294.48
  • Total Tax Year: 2016
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Aluminum
  • Frontage: 60
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage

Utilities

  • Water: Public Water
  • Water Heater: 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: XA0-000-0308-00
  • Location: Main Street
  • Lot Dimensions: 60x132
  • Acreage: 0.18
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,687.79
  • Winter Tax: Year: 2016, Amount: $606.66
  • Total Tax: Year: 2016, Amount: $2,294.48

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
Jan 8, 2017
Closed on
Aug 28, 2017
Sold by
Beach Jamie M
Bought by
Townsend Duane Glen and Townsend Jenifer Marie
Seller's Agent
Jamie Beach
Xsell Realty
Buyer's Agent
Rich Osborn
Xsell Realty
List Price
$69,900
Sold Price
$59,900
Premium/Discount to List
-$10,000
-14.31%
Current Estimated Value
$175,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,854
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
Mar 30, 2017
Sold by
Beach Jamie M and Beach Jamie
Bought by
Beach Jamie M

Purchase Details

Closed on
Jul 10, 2009
Sold by
Wells Fargo Bank N A
Bought by
Beach Jamie M and Beach Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,920
Interest Rate
5.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Krohn Brian F
Bought by
Krohn Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
9.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Townsend Duane Glen $59,900 None Available
Beach Jamie M -- None Available
Beach Jamie M $35,000 Parks Title
Krohn Jason $118,000 Prestige Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beach Jamie M $27,920
Previous Owner Krohn Jason $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Sold $59,900 -14.3% $37 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $69,900 -- $44 / 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 $3,611 $72,000 $0 $0
2024 $2,368 $65,700 $0 $0
2023 $2,811 $59,100 $0 $0
2022 $2,237 $53,400 $0 $0
2021 $2,197 $48,500 $0 $0
2020 $2,260 $45,000 $0 $0
2019 $110,125 $40,600 $0 $0
2018 $1,930 $48,048 $0 $0
2017 $2,193 $40,256 $0 $0
2016 $2,294 $37,340 $0 $0
2014 -- $39,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31310485

Michigan Multiple Listing Service

APN: XA0-000-0308-00