NOT LISTED FOR SALE

505 W Main St Hudson, MI 49247

Estimated Value: $152,000 - $192,051

5 Beds
3 Baths
1,721 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $23,900 $14 Per Sq Ft

Est. 623% increase in value since last sale

Current estimated payment $1,066/month

Highlights

  • 1.5 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of March 2018

3 unit income property in Hudson needing TLC but only priced at $39,900. Gas is metered separately, 2 electric meters one is for unit 1 and 3, the other is for unit 2 upper. Unit 1 is a 2 bdrm with spacious kitchen and laundry area with separate dining room and living room. Unit 2 is 2 bdrm with kitchen and living room. Unit 3 is an efficiency unit. Contact Vicki Gerig 517-206-5113

Last Agent to Sell the Property

Vicki Gerig

Gerig Realty License #LCAR-6502432188 Listed on: 05/12/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x150

Parking

  • 1.5 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number xho410202000

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: 2187.54
  • Total Tax Year: 2016
  • Year Built: 1900
  • Mail City: Hudson
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Sub Room Description: First Floor Laundry
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1721

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch
  • Frontage: 66
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: Curbed, City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1.5
  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: xho410202000
  • Location: Main Street
  • Lot Dimensions: 66x150
  • Acreage: 0.23
  • Lot Description: Platted
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,527.13
  • Winter Tax: Year: 2016, Amount: $660.41
  • Taxable Value: 37711
  • Total Tax: Year: 2016, Amount: $2,187.54
  • SEV Year: 2016

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Hudson Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Mar 30, 2018
Sold by
Marry Borck Properties
Bought by
Clark Christopher S
Seller's Agent
Vicki Gerig
Gerig Realty
List Price
$33,900
Sold Price
$23,900
Premium/Discount to List
-$10,000
-29.5%
Current Estimated Value
$172,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,784
Avg. Annual Appreciation
30.08%

Purchase Details

Closed on
May 9, 2012
Sold by
Clinton Township Lenawee County Michigan
Bought by
Walz Forest E and Walz Joan L
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
Clark Christopher S $23,900 --
Walz Forest E $1,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $23,900 -29.5% $14 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $33,900 +41.8% $20 / Sq Ft
08/08/2017 08/08/17 Off Market $23,900 -- --
07/27/2017 07/27/17 Price Changed $33,900 -15.0% $20 / Sq Ft
05/12/2017 05/12/17 For Sale $39,900 -- $23 / 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 $1,817 $81,000 $0 $0
2023 $1,471 $68,700 $0 $0
2022 $3,092 $61,900 $0 $0
2021 $1,561 $59,000 $0 $0
2020 $1,551 $41,800 $0 $0
2019 $112,861 $38,800 $0 $0
2018 $2,122 $59,351 $0 $0
2017 $2,225 $59,703 $0 $0
2016 $2,036 $39,706 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vicki Gerig

    Gerig Realty

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31319740

Michigan Multiple Listing Service

APN: XH0-410-2020-00

Michigan Lenawee County Hudson 49247

505 W Main St, Hudson, MI

This home is located at 505 W Main St, Hudson, MI 49247 since 12 May 2017 and is currently estimated at $172,684, approximately $100 per square foot. This property was built in 1900. 505 W Main St is a home located in Lenawee County with nearby schools including Lincoln Elementary School, Southern Michigan Center For Science & Industry (Smcsi), and Hudson Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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