Seller's Agent in 2021
David Corder
Howard Hanna Real Estate Services-Tecumseh
(517) 403-9710
58 in this area
241 Total Sales
505 W Maumee St Adrian, MI 49221
6
Beds
5
Baths
3,300
Sq Ft
0.47
Acres
Highlights
- Deck
- Wood Siding
- 4-minute walk to Comstock Park
- Baseboard Heating
About This Home
As of December 2021Here's a great investment. This 5 unit apartment building has been well cared for. Fully rented. Separate utilities. A money maker. All information believed correct but not guaranteed.
Last Agent to Sell the Property
Lynn Pifer
Linda Rudd & Associates, Inc. License #LCAR-6502103172 Listed on: 01/08/2014
Last Buyer's Agent
Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502332298 & 6502357706
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 63x155
Home Design
- Wood Siding
Interior Spaces
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Baseboard Heating
- Separate Meters
- Electric Water Heater
- Internet Available
Community Details
- 5 Units
- Net Operating Income $12,660
Listing and Financial Details
- Assessor Parcel Number XA0-215-6002-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2014
Closed on
Dec 30, 2014
Sold by
Krichbaum Properties Inc
Bought by
Moore Reginald and Moore Christine A
Seller's Agent
Lynn Pifer
Linda Rudd & Associates, Inc.
Buyer's Agent
David Corder
Howard Hanna Real Estate Services-Tecumseh
List Price
$189,000
Sold Price
$143,500
Premium/Discount to List
-$45,500
-24.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,653
Avg. Annual Appreciation
7.68%
Original Mortgage
$107,625
Outstanding Balance
$82,830
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$235,323
Purchase Details
Closed on
Feb 18, 2009
Sold by
Krickhbaum Properties Llc
Bought by
Bums Robert
Purchase Details
Closed on
Sep 8, 2008
Sold by
Hasenpflug Ann L
Bought by
Properites Krichbaum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.55%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $143,500 | None Available | |
| Warranty Deed | $3,000 | Prestige Title Insurance Age | |
| Warranty Deed | $199,999 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,625 | Commercial | |
| Previous Owner | $160,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $212,500 | -5.6% | $84 / Sq Ft |
| 05/20/2021 05/20/21 | For Sale | $225,000 | +56.8% | $89 / Sq Ft |
| 12/30/2014 12/30/14 | Sold | $143,500 | -24.1% | $43 / Sq Ft |
| 10/24/2014 10/24/14 | Pending | -- | -- | -- |
| 01/08/2014 01/08/14 | For Sale | $189,000 | -- | $57 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $6,275 | $86,000 | $0 | $0 |
| 2024 | $3,702 | $92,100 | $0 | $0 |
| 2023 | $4,812 | $87,500 | $0 | $0 |
| 2022 | $4,439 | $76,300 | $0 | $0 |
| 2021 | $3,862 | $64,700 | $0 | $0 |
| 2020 | $3,837 | $61,900 | $0 | $0 |
| 2019 | $214,292 | $70,000 | $0 | $0 |
| 2018 | $4,530 | $76,590 | $0 | $0 |
| 2017 | $4,401 | $76,709 | $0 | $0 |
| 2016 | $4,476 | $73,196 | $0 | $0 |
| 2014 | -- | $67,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Corder
-
Jason Perry
Buyer's Agent in 2021
Jason Perry
Irish Hills Realty
(517) 206-0856
4 in this area
61 Total Sales
-
L
Seller's Agent in 2014
Lynn Pifer
Linda Rudd & Associates, Inc.
Map
Source: Michigan Multiple Listing Service
MLS Number: 20389918
APN: XA0-215-6002-00
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.
Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Nearby Homes
- 143 Park St
- 227 Greenly St
- 333 Greenly St
- 338 Greenly St
- 306 Summer St
- 747 Company St
- 446 Allis St
- 830 College Ave
- 422 S Winter St
- 404 S Mckenzie St
- 227 Jordan St
- 376 Budlong St
- 456 State St
- 528 Stockford Dr
- 598 S Main St
- 366 Crystal Spring Ave
- 150 E Hunt St
- 136 Chestnut St
- 1136 Michigan Ave
- 1144 W Maumee St