NOT LISTED FOR SALE

506 W Cummins St Tecumseh, MI 49286

Estimated Value: $356,186

8 Beds
4 Baths
3,312 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $305,000 $92 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,705/month

8 Days on Market

About This Home

As of July 2021

INVESTORS! THIS IS A 4 UNIT MULTI-FAMILY COMPLEX CONSISTING OF ALL 2 BED/1 BATH UNITS! ALL UNITS HAVE FULL KITCHEN, LIVING ROOM, SPACIOUS ROOMS, ETC! SHARED LAUNDRY ROOM/ COIN-OPERATED FOR MORE INCOME! FULL RENTED W LONG-TERM TENANTS AND MORE ROOM TO INCREASE RENT! CONIVIENTELY LOCATED NEAR DOWNTOWN TECUMSEH! EACH UNIT HAS 2 PARKING SPACES. GREAT COMPLEX TO ADD TO YOUR PORTFOLIO!

Last Agent to Sell the Property

Adam Farha

Nationwide Realty License #6502407444 Listed on: 06/16/2021

Last Buyer's Agent

Robert Fox

Howard Hanna Real Estate Services-Tecumseh License #6502134917

Howard Hanna Real Estate Services-Tecumseh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 1x1x2x1

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,312 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,356

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1974
  • State Equalized Value: 5.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3312
  • Total Sq Ft: 3312

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Tecumseh

Lot Info

  • Lot Size Area: 0.33
  • Lot Dimensions: 1X1X2X1
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2850

Tax Info

  • Tax Amount Summer: 4847.0000
  • Tax Amount Winter: 509.0000
  • Total Tax: 5356.0000

Multi Family

  • Gross Scheduled Income: 36600.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Tecumseh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 7, 2021
Sold by
Khalil Ahmad
Bought by
Normal Distribution Llc
Seller's Agent
Adam Farha
Nationwide Realty
Buyer's Agent
Robert Fox
Howard Hanna Real Estate Services-Tecumseh
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Total Days on Market
8
Current Estimated Value
$356,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,186
Avg. Annual Appreciation
4.03%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jul 18, 2019
Sold by
Angies Management Co
Bought by
Khalil Ahamd
Seller's Agent
Danielle Grostick
Real Estate One Inc
Buyer's Agent
No Member
Non Member Sales
List Price
$249,900
Sold Price
$216,000
Premium/Discount to List
-$33,900
-13.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%
Original Mortgage
$151,200
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Estate Of Gary Sanch
Bought by
Kuban Sanch Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.72%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Normal Distribution Llc $305,000 None Available
Khalil Ahamd $216,000 --
Kuban Sanch Angela A $625,000 Liberty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khalil Ahamd $151,200
Previous Owner Kuban Sanch Angela A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $305,000 -4.4% $92 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $319,000 0.0% $96 / Sq Ft
07/14/2020 07/14/20 Rented $745 0.0% --
07/11/2020 07/11/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $745 0.0% --
02/14/2020 02/14/20 Rented $745 0.0% --
01/09/2020 01/09/20 For Rent $745 0.0% --
12/23/2019 12/23/19 Rented $745 0.0% --
12/23/2019 12/23/19 Under Contract -- -- --
11/19/2019 11/19/19 Price Changed $745 -0.7% $1 / Sq Ft
11/16/2019 11/16/19 For Rent $750 0.0% --
07/18/2019 07/18/19 Sold $216,000 -13.6% $65 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $249,900 -- $75 / Sq Ft
Source: Realcomp

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 $8,556 $168,900 $0 $0
2023 $9,308 $161,200 $0 $0
2022 $8,926 $151,600 $0 $0
2021 $7,676 $109,300 $0 $0
2020 $7,046 $111,000 $0 $0
2019 $5,364 $85,100 $15,500 $69,600
2017 $5,322 $87,100 $15,500 $71,600
2016 $5,312 $85,900 $14,800 $71,100
2014 $4,845 $81,900 $12,300 $69,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam Farha

    Nationwide Realty

    (248) 994-0400

    1 in this area

    11 Total Sales

    Adam Farha
    Section Image
  • Robert Fox

    Buyer's Agent in 2021

    Robert Fox

    Howard Hanna Real Estate Services-Tecumseh

    (517) 605-5206

    108 in this area

    208 Total Sales

    Robert Fox
    Section Image
  • Carl Poling

    Seller's Agent in 2020

    Carl Poling

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-5719

    42 in this area

    219 Total Sales

    Carl Poling
    Section Image
  • Pam Poling

    Seller Co-Listing Agent in 2020

    Pam Poling

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-5720

    21 in this area

    87 Total Sales

    Pam Poling
    Section Image
  • Danielle Grostick

    Seller's Agent in 2019

    Danielle Grostick

    Real Estate One Inc

    (734) 637-5897

    13 in this area

    421 Total Sales

    Danielle Grostick
    Section Image

  • N

    Buyer's Agent in 2019

    No Member

    Non Member Sales

See All Agents

Map

Source: Realcomp

MLS Number: 2210046375

Realcomp

APN: XT0-625-0090-00

Michigan Lenawee County Tecumseh 49286

506 W Cummins St, Tecumseh, MI

This home is located at 506 W Cummins St, Tecumseh, MI 49286 since 16 June 2021 and is currently estimated at $356,186, approximately $107 per square foot. This property was built in 1974. 506 W Cummins St is a home located in Lenawee County with nearby schools including Tecumseh Acres Early Learning Center, Tecumseh Middle School, and Tecumseh High 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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