NOT LISTED FOR SALE

223 S Scott St Adrian, MI 49221

3 Beds
3 Baths
1,558 Sq Ft
19,166 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $112,500 $72 Per Sq Ft

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Porch
  • Ceiling Fan

About This Home

As of December 2021

What an outstanding opportunity to own a 3 unit apartment building located within one block of Lincoln elementary school in Adrian and about 2 blocks from Adrian College. All 3 units are occupied and Gross rental income is $1895 per month. The owner states that these units are always full.

Last Agent to Sell the Property

David Corder

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502332298 & 6502357706 Listed on: 06/03/2021

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Jason Perry

Irish Hills Realty License #LCAR-6501395267

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 74x260

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-305-7024-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,158

Year Built

Built in 1900

Lot Details

0.44 Acres

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2158.18
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 72
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • 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: XA0-305-7024-00
  • Lot Dimensions: 74x260
  • Acreage: 0.44
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,563.80
  • Winter Tax: Year: 2020, Amount: $594.38
  • Total Tax: Amount: $2,158.18

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $112,500 -10.0% $72 / Sq Ft
07/28/2021 07/28/21 For Sale $125,000 0.0% $80 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $125,000 +228.9% $80 / Sq Ft
12/07/2012 12/07/12 Sold $38,000 -36.6% $24 / Sq Ft View Prior Sale
11/07/2012 11/07/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $59,900 -- $38 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,445 $68,200 $0 $0
2024 $34 $64,100 $0 $0
2023 $5,395 $59,500 $0 $0
2022 $3,172 $55,900 $0 $0
2021 $2,172 $51,600 $0 $0
2020 $2,158 $47,200 $0 $0
2019 $98,456 $45,000 $0 $0
2018 $2,081 $52,621 $0 $0
2017 $2,022 $41,570 $0 $0
2016 $2,006 $37,568 $0 $0
2014 -- $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50043830

Michigan Multiple Listing Service

APN: XA0-305-7024-00

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