NOT LISTED FOR SALE

405 E Porter St Albion, MI 49224

Estimated Value: $131,392 - $188,000

3 Beds
3 Baths
-- Sq Ft
11,500 Sq Ft

Last Sold December 01, 2022

Last sale price $61,000

Est. 171% increase in value since last sale

Current estimated payment $1,017/month

54 Days on Market

About This Home

As of December 2022

Huge 3 unit multi family home in Albion, large fenced in back yard and walking distance from Albion College. It needs a little love but will be a great income property for someone!

Last Agent to Sell the Property

Ashley Reniger

RE/MAX Perrett Associates License #6506047989 Listed on: 09/28/2022

RE/MAX Perrett Associates

Last Buyer's Agent

Joseph Verbeke

NextHome ACE Real Estate Services License #6502431448

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1880

Lot Details

  • 0.26

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Michigan Basement
  • 0.26 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • The owner pays for electricity, gas, sewer, trash collection, water

Property Details

Home Type

Apartment

Year Built

Built in 1880

Lot Details

0.26 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1880
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 85000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Natural Gas Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.264
  • Lot Size Area: 0.26
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 11500.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2061.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 4, 2023
Sold by
Briton Partners Llc
Bought by
Ace Investment Properties Llc
Seller's Agent
Ashley Reniger
RE/MAX Perrett Associates
Buyer's Agent
Joseph Verbeke
NextHome ACE Real Estate Services
List Price
$90,000
Sold Price
$61,000
Premium/Discount to List
-$29,000
-32.22%
Views
24
Current Estimated Value
$165,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,598
Avg. Annual Appreciation
35.97%

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 1, 2022
Sold by
College Albion
Bought by
Briton Partners Llc
Seller's Agent
Ashley Reniger
RE/MAX Perrett Associates
Buyer's Agent
Joseph Verbeke
NextHome ACE Real Estate Services
List Price
$90,000
Sold Price
$61,000
Premium/Discount to List
-$29,000
-32.22%
Views
24

Purchase Details

Closed on
Apr 26, 2016
Sold by
Yeomans Craig William and Yeomans Dana Michelle Auriemma
Bought by
Albion College

Purchase Details

Closed on
May 13, 1994
Bought by
Yeomans
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
Ace Investment Properties Llc -- --
Briton Partners Llc $61,000 --
Albion College $58,000 American Title
Yeomans $47,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $61,000 -28.2% --
10/23/2022 10/23/22 Price Changed $85,000 -5.6% --
09/28/2022 09/28/22 For Sale $90,000 -- --
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 $5,217 $95,500 $0 $0
2024 $2,551 $89,000 $0 $0
2023 $2,126 $73,400 $0 $0
2022 $1,097 $60,900 $0 $0
2021 $2,061 $57,900 $0 $0
2020 $2,058 $52,600 $0 $0
2019 $1,988 $45,200 $0 $0
2018 $1,988 $39,200 $9,400 $29,800
2017 $0 $29,700 $0 $0
2016 $0 $34,100 $0 $0
2015 -- $38,500 $0 $0
2014 -- $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ashley Reniger

    RE/MAX Michigan

    Section Image
  • Joseph Verbeke

    Buyer's Agent in 2022

    Joseph Verbeke

    NextHome ACE Real Estate Services

    (517) 515-2125

    48 in this area

    66 Total Sales

    Joseph Verbeke
    Section Image
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Map

Source: MichRIC

MLS Number: 22041672

MichRIC

APN: 51-000-931-00

Michigan Calhoun County Albion 49224

405 E Porter St, Albion, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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