NOT LISTED FOR SALE

225 Toledo St Adrian, MI 49221

Estimated Value: $150,000 - $208,000

6 Beds
4 Baths
3,235 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $130,000 $40 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,186/month

30 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 5-minute walk to Adrian Parks & Recreation
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of January 2023

This well cared for Multi Family property is on the market for the first time in over 20 years. If you are seeking an investment property this would be a great opportunity for you. Great location, well maintained and lots of room for family, friends, parking and a great yard. Two units, three bedrooms and two baths, both main level and second story. Main floor has new Vinyl Plank in Kitchen and new Carpet installed in Livingroom and Bedrooms.

Last Agent to Sell the Property

Gene Momyer

Goedert Real Estate - Adr License #LCAR-6501406919 Listed on: 12/05/2022

Last Buyer's Agent

Tim Bender

Tim Lee Bender, Broker License #LCAR-6501399962

Tim Lee Bender, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 99x136

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Original Of Adrian City Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0162-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,794

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Other
  • Flood Insurance: Unknown
  • Total Tax Amount: 2793.61
  • Total Tax Year: 2022
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 6
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 3235

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Frontage: 99
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces, Garage

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-000-0162-00
  • Lot Dimensions: 99x136
  • Acreage: 0.31
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,041.67
  • Winter Tax: Year: 2021, Amount: $751.94
  • Taxable Value: 46074
  • Total Tax: Year: 2022, Amount: $2,793.61
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Roi Llc
Bought by
Blue Sky Financial Llc
Current Estimated Value
$188,835

Purchase Details

Closed on
Mar 1, 2005
Sold by
Pender Rodney and Pender Karen
Bought by
Rol Llc and 225 Toledo St Trust
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
Blue Sky Financial Llc -- --
Rol Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $130,000 +4.0% $40 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $125,000 -- $39 / 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 $5,830 $89,800 $0 $0
2024 $3,705 $81,600 $0 $0
2023 $3,171 $73,500 $0 $0
2022 $5,434 $66,300 $0 $0
2021 $2,744 $61,400 $0 $0
2020 $2,726 $56,900 $0 $0
2019 $124,369 $51,100 $0 $0
2018 $2,629 $60,211 $0 $0
2017 $2,554 $50,735 $0 $0
2016 $2,533 $42,616 $0 $0
2014 -- $45,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Momyer

    Seller's Agent in 2023

    Gene Momyer

    Goedert Real Estate - Adr

    (517) 270-3577

    11 in this area

    60 Total Sales

    Gene Momyer
    Section Image
  • Tim Bender

    Buyer's Agent in 2023

    Tim Bender

    Tim Lee Bender, Broker

    (517) 605-3666

    18 in this area

    80 Total Sales

    Tim Bender
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50097206

Michigan Multiple Listing Service

APN: XA0-000-0162-00

Michigan Lenawee County Adrian 49221

225 Toledo St, Adrian, MI

This home is located at 225 Toledo St, Adrian, MI 49221 since 05 December 2022 and is currently estimated at $188,835, approximately $58 per square foot. This property was built in 1900. 225 Toledo St is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and St. Joseph Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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