NOT LISTED FOR SALE

309 Toledo St Adrian, MI 49221

Estimated Value: $163,000 - $326,686

7 Beds
4.5 Baths
3,471 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $145,000 $42 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,373/month

About This Home

As of April 2024

.

Last Agent to Sell the Property

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 04/01/2024

Last Buyer's Agent

Shawn Courtney

Foundation Realty, LLC License #LCAR-6501455398

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 72x113

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0169-00

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 Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 5955.72
  • Total Tax Year: 2023
  • Year Built: 1880
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 5
  • Source of Sq Ft: Public Records
  • Half Bathrooms: 1

Exterior Features

  • Frontage: 72
  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-000-0169-00
  • Lot Dimensions: 72x113
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $4,694.50
  • Winter Tax: Year: 2023, Amount: $1,261.22
  • Total Tax: Year: 2023, Amount: $5,955.72

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
May 18, 2021
Sold by
Mowrey David J
Bought by
Redav Llc
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$218,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,562
Avg. Annual Appreciation
16.37%
Original Mortgage
$88,000
Outstanding Balance
$79,750
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$138,812
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Redav Llc $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redav Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $145,000 0.0% $42 / Sq Ft
04/01/2024 04/01/24 For Sale $145,000 +31.8% $42 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
05/18/2021 05/18/21 Sold $110,000 0.0% $32 / Sq Ft View Prior Sale
05/18/2021 05/18/21 For Sale $110,000 -- $32 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
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 $6,768 $93,400 $0 $0
2024 $4,390 $84,900 $0 $0
2023 $5,489 $76,600 $0 $0
2022 $5,647 $70,500 $0 $0
2021 $2,852 $65,300 $0 $0
2020 $2,833 $60,400 $0 $0
2019 $129,246 $54,300 $0 $0
2018 $2,732 $64,408 $0 $0
2017 $2,654 $54,518 $0 $0
2016 $2,633 $45,815 $0 $0
2014 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Baker

    Seller's Agent in 2024

    Mark Baker

    Foundation Realty, LLC

    (517) 206-2121

    99 in this area

    284 Total Sales

    Mark Baker
    Section Image

  • S

    Buyer's Agent in 2024

    Shawn Courtney

    Foundation Realty, LLC

    (734) 292-6535

    5 in this area

    8 Total Sales

    Shawn Courtney
    Section Image
  • Marcia Randall

    Seller's Agent in 2021

    Marcia Randall

    Foundation Realty, LLC

    (517) 206-5237

    45 in this area

    114 Total Sales

    Marcia Randall
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50137472

Michigan Multiple Listing Service

APN: XA0-000-0169-00

Michigan Lenawee County Adrian 49221

309 Toledo St, Adrian, MI

Not Listed for Sale

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