NOT LISTED FOR SALE

319 State St Adrian, MI 49221

Estimated Value: $914,556

Studio
-- Bath
10,000 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $715,000 $72 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,269/month

58 Days on Market

Highlights

  • 0.82 Acre Lot
  • Laundry Facilities
  • Community Storage Space
  • Central Air

About This Home

As of September 2021

This home is located at 319 State St, Adrian, MI 49221 since 12 July 2021 and is currently estimated at $914,556, approximately $91 per square foot. This property was built in 1953. 319 State St is a home located in Lenawee County with nearby schools including Adrian High School and Berean Baptist Academy.

Last Agent to Sell the Property

Rudy Acuna

eXp Realty, LLC License #6501395903 Listed on: 07/12/2021

eXp Realty, LLC

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,146

Year Built

  • Built in 1953

Lot Details

  • 0.82 Acre Lot

Parking

  • 10 Parking Spaces

Home Design

  • Slab Foundation

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units
  • Berrys Southern Add Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Insurance Expense $695
  • Gross Income $95,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,146

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1953
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: No
  • Tax Info:Zoning3: BSNS
  • General Property Info:Total _pound_ Units: 12
  • Air Conditioning:Central Air: Yes
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Berrys Southern Add
  • Extras:Laundry Facility: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Block
  • List Price: 690000.0

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Info:Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Lot Info

  • Lot Size Acres: 0.82
  • Lot Size Area: 0.82
  • Lot Size Sq Ft: 35719.0
  • Zoning Description: BSNS

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 95040.0
  • Insurance Expense: 695.4
  • Number of Units Total: 12

Tax Info

  • Tax Annual Amount: 10146.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 8, 2021
Sold by
Old Wookie Llc
Bought by
Legacy On St St Llc
Seller's Agent
Rudy Acuna
eXp Realty, LLC
Buyer's Agent
No Member
Non Member Sales
List Price
$690,000
Sold Price
$715,000
Premium/Discount to List
$25,000
3.62%
Current Estimated Value
$914,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,556
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Young Barbara and Torres Rueben
Bought by
Old Wookie Llc
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
Legacy On St St Llc $715,000 None Available
Old Wookie Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $715,000 +3.6% $72 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $690,000 -- $69 / Sq Ft
Source: MichRIC

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 $18,182 $302,500 $0 $0
2024 $133 $324,300 $0 $0
2023 $17,243 $312,700 $0 $0
2022 $20,223 $273,400 $0 $0
2021 $10,213 $176,300 $0 $0
2020 $10,146 $163,700 $0 $0
2019 $550,036 $188,600 $0 $0
2018 $11,628 $208,635 $0 $0
2017 $11,579 $200,836 $0 $0
2016 $11,204 $190,673 $0 $0
2014 -- $177,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rudy Acuna

    Seller's Agent in 2021

    Rudy Acuna

    eXp Realty, LLC

    (734) 891-4277

    1 in this area

    111 Total Sales

    Rudy Acuna
    Section Image

  • N

    Buyer's Agent in 2021

    No Member

    Non Member Sales

See All Agents

Map

Source: MichRIC

MLS Number: 19987

MichRIC

APN: XA0-400-6001-00

Michigan Lenawee County Adrian 49221

319 State St, Adrian, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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