NOT LISTED FOR SALE

504 S Main St Adrian, MI 49221

Estimated Value: $143,836 - $177,000

3 Beds
2 Baths
1,957 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $80,000 $41 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,171/month

Highlights

  • Colonial Architecture
  • Porch
  • Wood Siding
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Fee Park

About This Home

As of September 2019

This beautiful duplex has 1 two bedroom unit and 1 one bedroom unit. Each unit has one full bath. One unit has a large bonus room on the upper level and a loft area. Both units are occupied, so a 24 hour notice is required.

Last Agent to Sell the Property

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651 Listed on: 08/02/2018

Last Buyer's Agent

Sheila Cote

The Wagley Group License #LCAR-140618

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 41x235x41x235

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Association fees include water
  • 2 Units
  • Assrs 9 Adrian City Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-245-4004-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 2113.6
  • Total Tax Year: 2017
  • Year Built: 1905
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1957

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Frontage: 41
  • Foundation Type: Basement, Crawl
  • Roads: City/County, Curbed

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces

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

Condo/Co-op/Association

  • HOA Fee Includes: Water

Lot Info

  • Assessor Parcel Number: XA0-245-4004-00
  • Lot Dimensions: 41x235x41x235
  • Acreage: 0.22
  • Lot Description: Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,538.15
  • Winter Tax: Year: 2017, Amount: $575.45
  • Taxable Value: 34097
  • Total Tax: Year: 2017, Amount: $2,113.60
  • 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
Aug 2, 2018
Closed on
Sep 29, 2019
Sold by
Hager Gerald A and Hager Susan M
Bought by
Ke Cadieux Properties Llc
Seller's Agent
Joseph Wagley
The Wagley Group
Buyer's Agent
Sheila Cote
The Wagley Group
List Price
$92,500
Sold Price
$80,000
Premium/Discount to List
-$12,500
-13.51%
Current Estimated Value
$158,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,459
Avg. Annual Appreciation
12.04%
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 Buyer Sale Price Title Company
Ke Cadieux Properties Llc $80,000 Prestige Title Insurance Age
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $80,000 -6.4% $41 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
10/01/2018 10/01/18 Price Changed $85,500 -7.6% $44 / Sq Ft
08/02/2018 08/02/18 For Sale $92,500 -- $47 / 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 $3,968 $58,900 $0 $0
2024 $2,540 $51,700 $0 $0
2023 $3,156 $47,600 $0 $0
2022 $2,568 $44,400 $0 $0
2021 $2,523 $41,000 $0 $0
2020 $2,560 $41,300 $0 $0
2019 $100,592 $35,300 $0 $0
2018 $2,126 $42,206 $0 $0
2017 $2,066 $35,339 $0 $0
2016 $2,049 $36,013 $0 $0
2014 -- $34,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31356237

Michigan Multiple Listing Service

APN: XA0-245-4004-00