NOT LISTED FOR SALE

418 N Evans St Tecumseh, MI 49286

Estimated Value: $142,000 - $203,947

4 Beds
3 Baths
2,061 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $115,000 $56 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,216/month

207 Days on Market

Highlights

  • Porch
  • Access to stream, creek or river
  • Wood Siding
  • Forced Air Heating System

About This Home

As of January 2023

MAKE MONEY FROM DAY 1!! Where else will you find a property in Tecumseh for this price?? This 3 unit property has long-term tenants who would like to stay. Two units have 1 bedroom and the third has 2 bedrooms. Tenants pay own utilities. Brand new hot water heater in 2 bedroom unit August 2022. Property does need some work but with steady income already in place and the low price this is a rare opportunity! Situated on Evans Creek giving a park-like feel in the back yard. Reach out today for your tour.

Last Agent to Sell the Property

Susan Bunch

Goedert Real Estate - Adr License #LCAR-6501298179 Listed on: 06/27/2022

Last Buyer's Agent

Greg Brown

Foundation Realty, LLC-Tecumseh License #LCAR-6501338486

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 66 x 283

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Access to stream, creek or river
  • Porch

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XTO-300-1260-00

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 Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3293.22
  • Total Tax Year: 2021
  • Year Built: 1900
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement, Partial
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2061

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch, Sidewalks
  • Frontage: 66
  • Lake Name: Evans Creek
  • Water Features: Creek/Stream/Brook
  • Foundation Type: Basement

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: XTO-300-1260-00
  • Lot Dimensions: 66 x 283
  • Acreage: 0.43
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,979.51
  • Winter Tax: Year: 2021, Amount: $313.71
  • Taxable Value: 54204
  • Total Tax: Year: 2021, Amount: $3,293.22
  • SEV Year: 2022

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2005
Sold by
Dinius Investments Llc
Bought by
Bunch Properties Ii Llc
Current Estimated Value
$174,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Outstanding Balance
$60,893
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$113,844
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
Bunch Properties Ii Llc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunch Properties Ii Llc $118,000
Closed Bunch Properties Ii Llc $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $115,000 0.0% $56 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
09/08/2022 09/08/22 For Sale $115,000 0.0% $56 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $115,000 -- $56 / 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 $3,478 $68,600 $0 $0
2024 $3,069 $68,000 $0 $0
2023 $2,983 $63,300 $0 $0
2022 $3,192 $66,100 $0 $0
2021 $3,293 $64,400 $0 $0
2020 $3,259 $60,700 $0 $0
2019 $3,201 $56,700 $14,300 $42,400
2017 $3,026 $51,400 $14,300 $37,100
2016 $3,021 $49,700 $13,000 $36,700
2014 $2,892 $46,500 $12,500 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50080469

Michigan Multiple Listing Service

APN: XT0-300-1260-00