NOT LISTED FOR SALE

426 Ormsby St Adrian, MI 49221

Estimated Value: $144,000 - $218,000

5 Beds
2 Baths
2,412 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $70,600 $29 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,215/month

About This Home

As of March 2020

.

Last Listed By

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 03/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 49x82

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-002-4006-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,685

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1920
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2412

Exterior Features

  • Frontage: 49
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-002-4006-00
  • Lot Dimensions: 49x82
  • Acreage: 0.09
  • Geo Subdivision: MI

Tax Info

  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 29, 2016
Sold by
Sternquist Robert Eugene and Sternquist Anne Chase
Bought by
Maumee Land Company Llc
Seller's Agent
Pamela Rose
Pamela K. Rose Auction Co. LLC - Troy
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$26,923
Sold Price
$26,923
Current Estimated Value
$178,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,809
Avg. Annual Appreciation
24.01%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sternquist Robert and Sternquist Anne

Purchase Details

Closed on
Jun 15, 2005
Sold by
Hintz Jack L and Hintz Rona L
Bought by
Pope Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Maumee Land Company Llc $605,000 None Available
Sternquist Robert -- None Available
Pope Richard A $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pope Richard A $91,000
Previous Owner Pope Richard A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $70,600 0.0% $29 / Sq Ft
03/12/2020 03/12/20 For Sale $70,600 +162.2% $29 / Sq Ft
12/29/2016 12/29/16 Sold $26,923 0.0% $11 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $26,923 -- $11 / 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 $2,685 $59,400 $0 $0
2023 $3,345 $53,400 $0 $0
2022 $2,750 $48,200 $0 $0
2021 $2,701 $43,900 $0 $0
2020 $2,011 $39,900 $0 $0
2019 $1,433 $35,300 $0 $0
2018 $1,940 $41,252 $0 $0
2017 $1,924 $31,053 $0 $0
2016 $1,652 $30,597 $0 $0
2014 -- $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50008317

Michigan Multiple Listing Service

APN: XA0-002-4006-00