NOT LISTED FOR SALE

415 S Pearl St Tecumseh, MI 49286

Estimated Value: $229,000 - $302,820

5 Beds
2 Baths
3,930 Sq Ft
$68/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

Last sale price $166,000 $42 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,885 / mo

35 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Gas Fireplace

About This Home

As of March 2021

Great investment opportunity in historic Tecumseh! Spacious two story home offers two large apartments which were recently tastefully redone. Walking distance to shopping & restaurants. Lower unit currently rented - upper unit vacant. Many recent upgrades including major foundation repair, new flooring, electrical & plumbing upgrades, new furnace & water heater. Complete list available for download. This is not a typical rental that you purchase & fix up. The work is already done! Live in one unit and rent the other to make your house payment!

Last Agent to Sell the Property

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651 Listed on: 02/01/2021

Last Buyer's Agent

Karen Windschmitt

Howard Hanna License #AAABOR

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 99 x 198
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Basement
  • Michigan Basement
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XT0-305-0660-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0.45 Acres

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 4765.37
  • Total Tax Year: 2020
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Features: Gas
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: First Floor Laundry
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Exterior Features: Porch
  • Frontage: 99
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • 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
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XT0-305-0660-00
  • Location: Corner Lot
  • Lot Dimensions: 99 x 198
  • Acreage: 0.45
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2020, Amount: $4,311.51
  • Winter Tax: Year: 2020, Amount: $453.86
  • Total Tax: Year: 2020, Amount: $4,765.37

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 10, 2021
Sold by
Bought by
Seller's Agent
Joseph Wagley
The Wagley Group
Buyer's Agent
Karen Windschmitt
Howard Hanna
List Price
$174,900
Sold Price
$166,000
Premium/Discount to List
-$8,900
-5.09%
Current Estimated Value
$266,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,205
Avg. Annual Appreciation
9.36%
Original Mortgage
$66,000
Outstanding Balance
$59,194
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$207,011

Purchase Details

Closed on
Dec 26, 2013
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$166,000 None Available
$206,238 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $66,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $166,000 -5.1% $42 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $174,900 +316.4% $45 / Sq Ft
08/27/2015 08/27/15 Sold $42,000 -16.0% $11 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $50,000 -- $13 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,359 $101,200 $0 $0
2024 $50 $100,700 $0 $0
2023 $5,432 $92,900 $0 $0
2022 $5,605 $95,200 $0 $0
2021 $4,816 $105,400 $0 $0
2020 $4,765 $84,300 $0 $0
2019 $4,681 $79,700 $14,300 $65,400
2017 $4,426 $72,200 $14,300 $57,900
2016 $4,418 $70,400 $13,000 $57,400
2014 $2,861 $64,400 $12,500 $51,900
Source: Public Records

Agents Affiliated with this Home

  • Joseph Wagley

    Seller's Agent in 2021

    Joseph Wagley

    The Wagley Group

    (517) 403-6767

    157 Total Sales

    Joseph Wagley
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Windschmitt

    Howard Hanna

    (734) 355-0394

    21 Total Sales

    Karen Windschmitt
    Section Image
  • Marcia Randall

    Seller's Agent in 2015

    Marcia Randall

    Foundation Realty, LLC

    (517) 206-5237

    107 Total Sales

    Marcia Randall
    Section Image
  • Kay Prong

    Buyer's Agent in 2015

    Kay Prong

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-3390

    292 Total Sales

    Kay Prong
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50033427

Michigan Multiple Listing Service

APN: XT0-305-0660-00

Michigan Lenawee County Tecumseh 49286

415 S Pearl St, Tecumseh, MI

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