$69,900
SOLD SEP 15, 2017

502 N Broad St Adrian, MI 49221

4 Beds
2 Baths
2,375 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

7% Below List Price

50 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Porch

About This Home

As of June 2022

Classic 2 story home with large porch and carriage house.It is currently being used as a 2 unit but could be converted back into a asingle family home with 4 bedrooms and 2 full baths.

Last Agent to Sell the Property

Mark Goedert

Goedert Real Estate - Adr License #LCAR-6502127023 & 6502127024 Listed on: 07/27/2017

Last Buyer's Agent

William Willnow III

Key Realty One, LLC-Tecumseh License #LCAR-6501382264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 49 x 142

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partial 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

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0301-00

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
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement Type: Partial
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2375

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 49
  • Foundation Type: Crawl
  • Roads: Curbed, Paved Street, City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-000-0301-00
  • Lot Dimensions: 49 X 142
  • Acreage: 0.16
  • Lot Description: Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,696.34
  • Winter Tax: Year: 2016, Amount: $656.92
  • Taxable Value: 38355
  • Total Tax: Year: 2016, Amount: $2,353.26
  • SEV Year: 2017

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
Jul 27, 2017
Closed on
Sep 14, 2017
Sold by
Tucker Joan Lucille and Tucker William Eugene
Bought by
Terrehaven Llc
Seller's Agent
Mark Goedert
Goedert Real Estate - Adr
Buyer's Agent
William Willnow III
Key Realty One, LLC-Tecumseh
List Price
$74,900
Sold Price
$69,900
Premium/Discount to List
-$5,000
-6.68%
Current Estimated Value
$136,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,617
Avg. Annual Appreciation
8.77%
Original Mortgage
$57,400
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2011
Sold by
Tucker William E and Tucker Joan Lucille
Bought by
Tucker Joan Lucille and Tucker William Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $69,900 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,661 Stand Alone Refi Refinance Of Original Loan
Closed $57,400 Purchase Money Mortgage
Previous Owner $57,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $95,000 -20.8% $40 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $120,000 +71.7% $51 / Sq Ft
09/15/2017 09/15/17 Sold $69,900 -6.7% $29 / Sq Ft
07/27/2017 07/27/17 For Sale $74,900 -- $32 / 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 $3,327 $66,900 $0 $0
2023 $3,978 $61,500 $0 $0
2022 $2,822 $56,700 $0 $0
2021 $2,772 $52,500 $0 $0
2020 $3,141 $48,500 $0 $0
2019 $119,868 $43,600 $0 $0
2018 $2,713 $51,978 $0 $0
2017 $2,373 $44,129 $0 $0
2016 $2,353 $40,905 $0 $0
2014 -- $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31326632

Michigan Multiple Listing Service

APN: XA0-000-0301-00