NOT LISTED FOR SALE

224 W Church St Adrian, MI 49221

Estimated Value: $104,054 - $133,000

3 Beds
3 Baths
1,700 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $91,500 $54 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $869/month

25 Days on Market

About This Home

As of September 2023

Triplex located in the heart of Adrian. This 1870's brick Triplex features 3 single family units on 3 levels - perfect for long or short term rentals!

Last Agent to Sell the Property

Khrystopher Gould

Howard Hanna Real Estate Services-Adrian License #LCAR-6501418062 Listed on: 08/21/2023

Howard Hanna Real Estate Services-Adrian

Last Buyer's Agent

Margaret Medvich

Berkshire Hathaway HomeServices Kee Realty Birm License #MISPE-6501414859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1870

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37.5 x 100

Parking

  • 3 Car Parking Spaces

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Radiant Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units
  • Merrick / S Dennis / State Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-385-0015-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Investment
  • Type Of Property: Multi-Family
  • Structure Style: Tri-Level
  • Year Built: 1870
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Walk Out
  • Bedrooms: 3
  • Bathroom Description: Basement Bath
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1700

Exterior Features

  • Construction: Brick
  • Frontage: 37
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Radiant
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-385-0015-00
  • Lot Dimensions: 37.5 x 100
  • Acreage: 0.09
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,333.27
  • Winter Tax: Year: 2022, Amount: $480.74
  • Taxable Value: 30233
  • Total Tax: Year: 2022, Amount: $1,814.01
  • SEV Year: 2023

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District

Similar Homes in Adrian, MI

  • 215 N Broad St, Adrian, MI 49221

    $117,500

    • 6 Beds
    • 3.5 Baths
    • 3,448 Sq Ft
    • 215 N Broad St
    • Adrian, MI

    Currently a duplex but can easily be a 3 unit. 3rd unit would have to be approved by the city of Adrian. The other 2 units were certified in 2023. Could be a great income producer.

    Marcia Randall Foundation Realty, LLC

    Section Image
  • 504 S Main St, Adrian, MI 49221

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,957 Sq Ft
    • 504 S Main St
    • Adrian, MI

    Great Income potential. Lower unit has 1 bedroom, Upper unit has 2 to 3 bedrooms with bonus space on 3rd floor. Each Unit has a full bath, Live in one and rent the other. Extra deep lot with 2 car detached garage. Separated Electric, Gas, Heat.

    Mike Knox Xsell Realty

    Section Image

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $91,500 +7.6% $54 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $85,000 -- $50 / 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 $2,669 $42,200 $0 $0
2023 $2,603 $38,800 $0 $0
2022 $1,803 $36,400 $0 $0
2021 $1,771 $33,600 $0 $0
2020 $1,759 $33,300 $0 $0
2019 $77,729 $27,700 $0 $0
2018 $1,696 $33,080 $0 $0
2017 $1,648 $27,673 $0 $0
2016 $1,635 $26,416 $0 $0
2014 -- $26,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50119568

Michigan Multiple Listing Service

APN: XA0-385-0015-00