NOT LISTED FOR SALE

316 and 316 1/2 S Locust St Adrian, MI 49221

Estimated Value: $94,000 - $120,000

4 Beds
3 Baths
2,190 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $59,000 $27 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $827/month

Highlights

  • Deck
  • Porch
  • Ceiling height of 9 feet or more
  • Corner Lot
  • Property is near schools
  • 5-minute walk to Monument Park

About This Home

As of October 2020

Brick colonial duplex - Unit #1 has 2 beds, 2 full baths and Unit #2 has 3 beds and 1 bath. Both kitchen's have 9' ceilings, basement, gardeners shed, all on a corner lot. Historic lovers dream!

Last Agent to Sell the Property

Pamela Rose

Pamela K. Rose Auction Co. LLC - Troy License #MCAR-6502336208 Listed on: 05/06/2020

Last Buyer's Agent

David Corder

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502332298 & 6502357706

Howard Hanna Real Estate Services-Tecumseh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 91 x 86
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-515-0274-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,353

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1353
  • Total Tax Year: 2019
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2190

Exterior Features

  • Construction: Brick
  • Exterior Features: Deck, Porch, Sidewalks
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Basement
  • 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

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights

Lot Info

  • Assessor Parcel Number: XA0-515-0274-00
  • Location: Corner Lot, Walk To School
  • Lot Dimensions: 91 x 86
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,032.00
  • Winter Tax: Year: 2019, Amount: $321.00
  • Total Tax: Year: 2019, Amount: $1,353.00
  • SEV Year: 2019

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
May 6, 2020
Closed on
Dec 14, 2020
Sold by
Tschirhart Mark and Tschirhart Stephani
Bought by
Hickory Ln Prop Llc
Seller's Agent
Pamela Rose
Pamela K. Rose Auction Co. LLC - Troy
Buyer's Agent
David Corder
Howard Hanna Real Estate Services-Tecumseh
List Price
$59,000
Sold Price
$59,000
Current Estimated Value
$107,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,684
Avg. Annual Appreciation
12.98%
Original Mortgage
$44,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2020
Closed on
Oct 22, 2020
Sold by
Timmins John Est
Bought by
Tschirhart Mark and Tschirhart Stephanie
Seller's Agent
Pamela Rose
Pamela K. Rose Auction Co. LLC - Troy
Buyer's Agent
David Corder
Howard Hanna Real Estate Services-Tecumseh
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2018
Sold by
Awar Jamal
Bought by
Timmins John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,720
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2009
Sold by
Awad Rental Properties Llp
Bought by
Awad Jamal
Source: Public Records

Range of Values:

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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
Hickory Ln Prop Llc -- None Available
Tschirhart Mark $59,000 None Available
Timmins John $80,000 --
Awad Jamal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tschirhart Mark $44,250
Previous Owner Timmins John $81,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $59,000 -26.2% $27 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $79,900 -11.1% $36 / Sq Ft
06/04/2020 06/04/20 Price Changed $89,900 +52.4% $41 / Sq Ft
05/06/2020 05/06/20 For Sale $59,000 -- $27 / 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 $3,067 $45,700 $0 $0
2024 $2,008 $43,100 $0 $0
2023 $2,465 $39,200 $0 $0
2022 $3,704 $35,300 $0 $0
2021 $1,870 $30,400 $0 $0
2020 $1,431 $28,600 $0 $0
2019 $67,061 $25,500 $0 $0
2018 $1,211 $31,136 $0 $0
2017 $1,765 $25,124 $0 $0
2016 $1,633 $23,503 $0 $0
2014 -- $24,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Rose

    Seller's Agent in 2020

    Pamela Rose

    Pamela K. Rose Auction Co. LLC - Troy

    (419) 350-0100

    1 in this area

    270 Total Sales

    Pamela Rose
    Section Image
  • David Corder

    Buyer's Agent in 2020

    David Corder

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-9710

    58 in this area

    240 Total Sales

    David Corder
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010657

Michigan Multiple Listing Service

APN: XA0-515-0274-00

Michigan Lenawee County Adrian 49221

316 and 316 1/2 S Locust St, Adrian, MI

This home is located at 316 and 316 1/2 S Locust St, Adrian, MI 49221 since 06 May 2020 and is currently estimated at $107,684, approximately $49 per square foot. This property was built in 1900. 316 and 316 1/2 S Locust St is a home located in Lenawee County with nearby schools including Adrian High School and Berean Baptist 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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