$216,000
SOLD JUL 18, 2019

506 W Cummins St Tecumseh, MI 49286

-- Bed
-- Bath
3,312 Sq Ft
0.33 Acres

Recently Sold

$65 Per Sq Ft

14% Below List Price

105 Days on Market

About This Home

As of July 2021

This home is located at 506 W Cummins St, Tecumseh, MI 49286 and is currently priced at $216,000, approximately $65 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.

Last Agent to Sell the Property

Danielle Grostick

Real Estate One Inc License #6506045712 Listed on: 04/04/2019

Real Estate One Inc

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 1974

Lot Details

  • 0.33 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation

Listing and Financial Details

  • Tenant pays for electric

Community Details

Building Details

  • Insurance Expense $12,094
  • Gross Income $32,040

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,356

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1974
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 5356.0
  • Tax Info:Zoning3: COM
  • General Property Info:Total _pound_ Units: 4
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 249900.0

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14375.0
  • Zoning Description: COM
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 32040.0
  • Insurance Expense: 12094.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5356.0
  • Tax Year: 2018

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%
Current Estimated Value
$366,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,754
Avg. Annual Appreciation
4.18%

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 Type Sale Price Title Company
Warranty Deed $305,000 None Available
Warranty Deed $216,000 --
Warranty Deed $625,000 Liberty Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,200 New Conventional
Previous Owner $750,000 Future Advance Clause Open End Mortgage
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: Southwestern Michigan Association of REALTORS®

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 $9,560 $169,800 $0 $0
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

    Section Image
  • Robert Fox

    Buyer's Agent in 2021

    Robert Fox

    Howard Hanna Real Estate Services-Tecumseh

    (517) 605-5206

    103 in this area

    203 Total Sales

    Section Image
  • Carl Poling

    Seller's Agent in 2020

    Carl Poling

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-5719

    41 in this area

    211 Total Sales

    Section Image
  • Pam Poling

    Seller Co-Listing Agent in 2020

    Pam Poling

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-5720

    22 in this area

    87 Total Sales

    Section Image
  • Danielle Grostick

    Seller's Agent in 2019

    Danielle Grostick

    Real Estate One Inc

    (734) 637-5897

    11 in this area

    419 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18056

Southwestern Michigan Association of REALTORS®

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 and is currently priced at $216,000, approximately $65 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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