$108,000
SOLD JAN 17, 2025

416 Clinton St Unit 418 Clinton St. Adrian, MI 49221

4 Beds
2 Baths
2,226 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

20% Below List Price

130 Days on Market

About This Home

As of January 2025

Side by Side duplex currently rented. Both sides have been renovated. Would make a good owner-occupied property. Separate utilities. Large Back yard.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 07/19/2024

Last Buyer's Agent

Shawn Courtney

Foundation Realty, LLC License #LCAR-6501455398

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Net Operating Income $20,400

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0258-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Bathroom Description: Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2226

Exterior Features

  • Exterior Features: Porch
  • Frontage: 50
  • Sideof Street: E
  • Foundation Type: Basement
  • Roads: City/County

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-000-0258-00
  • Lot Dimensions: 50x132
  • Acreage: 0.15
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 6629

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,799.95
  • Winter Tax: Year: 2023, Amount: $828.95
  • Taxable Value: 52605
  • Total Tax: Year: 2024, Amount: $3,628.90
  • SEV Year: 2024

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2016
Sold by
Beca Properties Llc and Goedert Mark H
Bought by
Kidney Kristina
Current Estimated Value
$118,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,633
Outstanding Balance
$57,361
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$58,762

Purchase Details

Closed on
Feb 25, 2009
Sold by
Goedert Builders Inc
Bought by
Mbg Inc

Purchase Details

Closed on
May 10, 2006
Sold by
Goedert Builders Inc
Bought by
Hayden & Associates Llc
Source: Public Records

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    Currently a duplex but can easily be a 3 unit. 3rd unit would have to be approved by the city of Adrian. The other 2 units were certified in 2023. Could be a great income producer.

    Marcia Randall Foundation Realty, LLC

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $69,900 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,633 FHA
Closed $68,633 FHA
Previous Owner $32,200 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $108,000 -19.9% $49 / Sq Ft
01/02/2025 01/02/25 For Sale $134,900 +24.9% $61 / Sq Ft
12/31/2024 12/31/24 Off Market $108,000 -- --
10/14/2024 10/14/24 Price Changed $134,900 -3.6% $61 / Sq Ft
09/03/2024 09/03/24 Price Changed $139,900 -3.5% $63 / Sq Ft
07/19/2024 07/19/24 For Sale $144,900 +73.5% $65 / Sq Ft
10/14/2022 10/14/22 Sold $83,500 -12.1% $38 / Sq Ft
07/15/2022 07/15/22 For Sale $95,000 -- $43 / 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
2024 $2,800 $55,700 $0 $0
2023 $3,247 $50,100 $0 $0
2022 $1,406 $45,300 $0 $0
2021 $1,380 $41,300 $0 $0
2020 $1,487 $37,600 $0 $0
2019 $85,275 $33,400 $0 $0
2018 $1,330 $39,332 $0 $0
2017 $1,436 $30,059 $0 $0
2016 $1,552 $27,953 $0 $0
2014 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50149311

Michigan Multiple Listing Service

APN: XA0-000-0258-00