NOT LISTED FOR SALE

502 E Logan St Tecumseh, MI 49286

Estimated Value: $154,000 - $214,000

3 Beds
2 Baths
1,804 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $93,000 $52 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,113/month

434 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Farmhouse Style Home
  • 1.5 Car Detached Garage
  • 4-minute walk to Adams Park

About This Home

As of April 2021

Located in the heart of Tecumseh, this home features 1800 sq. ft., 3 bedrooms and 2 full baths. One upstairs bedroom adjoins another room that could become a master bedroom sitting area or nursery. Built in the 1900's, this home still retains much of the original woodwork and a few original light fixtures. The majority of the electrical has been updated to circuit breakers. High efficiency furnace. 3 exterior porches. New Metal roof on 2-story portion of house and garage. 1 Year Home Warranty. Money Back Guarantee. Tenant occupied. Taxes are currently non-homestead. Tenant Occupied. 48 Hour notice to show. Seller is offering Purchaser $1,500.00 toward closing costs or lender required repairs.

Last Agent to Sell the Property

Barb Schrader

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6506032036 Listed on: 01/17/2020

Howard Hanna Real Estate Services-Tecumseh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 49x189x49x189
  • Corner Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Shingle Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number XTO-675-0102-00

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Residential
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Total Tax Amount: 2662.96
  • Total Tax Year: 2020
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Refrigerator
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 12
  • Bathrooms Description: First Flr Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: First Floor Laundry
  • Dining Room: On 1st Floor, Dimensions: 15 x 11
  • Kitchen: On 1st Floor, Dimensions: 12 x 15
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Laundry: On 1st Floor, Dimensions: 6 x 9
  • Library Den: On 1st Floor, Dimensions: 13 x 12
  • Living Room: On 1st Floor, Dimensions: 16 x 13
  • Below Grade Sq Ft: 1136
  • Above Grade Finished Sq Ft: 1804
  • Total Finished Sq Ft: 1804

Exterior Features

  • Exterior: Shingle Siding
  • Exterior Features: Porch
  • Foundation: Basement, Crawl
  • Frontage: 49
  • Road: Paved Street
  • Sideof Street: S

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: XTO-675-0102-00
  • Zoning: Residential
  • Location: Corner Lot
  • Lot Description: Platted, Sidewalks
  • Lot Dimensions: 49x189x49x189
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,409.35
  • Winter Tax: Year: 2020, Amount: $253.61
  • Total Tax: Year: 2020, Amount: $2,662.96

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Apr 16, 2021
Sold by
Creger Nick L
Bought by
Collie Jesse S
Seller's Agent
Barb Schrader
Howard Hanna Real Estate Services-Tecumseh
List Price
$117,900
Sold Price
$93,000
Premium/Discount to List
-$24,900
-21.12%
Current Estimated Value
$169,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,225
Avg. Annual Appreciation
13.52%
Original Mortgage
$90,210
Outstanding Balance
$81,449
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$87,776

Purchase Details

Closed on
Apr 13, 2010
Sold by
Federal National Mortgage Association
Bought by
Creger Nick Lee

Purchase Details

Closed on
Apr 13, 2009
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 9, 2009
Sold by
Mature Donald R and Mature Anna V
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Collie Jesse S $93,000 None Available
Creger Nick Lee $13,650 None Available
Federal National Mortgage Association -- None Available
Citimortgage Inc $135,658 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collie Jesse S $90,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $93,000 -15.4% $52 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
06/18/2020 06/18/20 Price Changed $109,900 -6.8% $61 / Sq Ft
02/19/2020 02/19/20 For Sale $117,900 +26.8% $65 / Sq Ft
01/22/2020 01/22/20 Off Market $93,000 -- --
01/17/2020 01/17/20 For Sale $117,900 0.0% $65 / Sq Ft
12/15/2018 12/15/18 Rented $1,200 +33.3% --
12/10/2018 12/10/18 Under Contract -- -- --
11/28/2018 11/28/18 For Rent $900 -- --
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 $2,749 $79,800 $0 $0
2024 $2,326 $74,700 $0 $0
2023 $2,704 $67,100 $0 $0
2022 $2,527 $62,100 $0 $0
2021 $1,912 $59,000 $0 $0
2020 $2,663 $53,900 $0 $0
2019 $2,616 $50,800 $8,200 $42,600
2017 $2,473 $45,700 $8,200 $37,500
2016 $2,469 $41,900 $7,500 $34,400
2014 $2,391 $38,000 $8,300 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50003780

Michigan Multiple Listing Service

APN: XT0-675-0102-00