NOT LISTED FOR SALE

515 E Michigan Ave Albion, MI 49224

Estimated Value: $208,000 - $333,896

6 Beds
2.5 Baths
2,875 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $144,500 $50 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,706/month

72 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Patio
  • Traditional Architecture
  • Den
  • Laundry Room

About This Home

As of July 2021

THis 1873 Italian Style home has lots of charm architecture. Large rooms, lots of updates including wood siding, roof, furnace, water heater, dishwasher and the list goes on. Enjoy the 4 seasons room overlooking the large back yard. Don't miss out on this one. Call for your viewing today.

Last Agent to Sell the Property

Linda Waito

Real Estate One Rosemary Davis License #6502132453 Listed on: 11/26/2018

Real Estate One Rosemary Davis

Last Buyer's Agent

Stephanie Hall

Real Estate One Rosemary Davis License #6501400150

Real Estate One Rosemary Davis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1873

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 80 x 236
  • Property is zoned R1C, R1C

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Phone Connected
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,345

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1873
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 50.26
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80 x 236
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2875.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2345.31
  • Tax Info:Zoning3: R1C
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 2875.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range, Water Softener Owned
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 2875.0
  • Window Features: Screens, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1584.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 144500.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Dimensions: 80 x 236
  • Lot Size Sq Ft: 19166.0
  • Zoning Description: R1C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2345.31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jun 22, 2021
Sold by
Kocher Bradley and Kocher Rebecca
Bought by
May Jared and May Michaela
Seller's Agent
Linda Waito
Real Estate One Rosemary Davis
Buyer's Agent
Stephanie Hall
Real Estate One Rosemary Davis
List Price
$144,500
Sold Price
$144,500
Current Estimated Value
$251,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,474
Avg. Annual Appreciation
13.21%
Original Mortgage
$141,882
Outstanding Balance
$128,517
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$123,457

Purchase Details

Listed on
Sep 22, 2014
Closed on
Nov 6, 2015
Sold by
Kocher Bradley and Kocher Rebecca
Bought by
Morrison John A and Morrison Sharon
Seller's Agent
Linda Waito
Real Estate One Rosemary Davis
Buyer's Agent
Linda Waito
Real Estate One Rosemary Davis
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Aug 3, 2012
Sold by
Sterner John Monroe and Sterner Peggy Ann
Bought by
Kocher Bradley and Kocher Rebecca
Seller's Agent
Jewell Burkwalt
David Brigham Real Estate Company
Buyer's Agent
Linda Waito
Real Estate One Rosemary Davis
List Price
$164,900
Sold Price
$130,000
Premium/Discount to List
-$34,900
-21.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$123,500
Interest Rate
1.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2007
Sold by
Borthwick Heinemann Doris E and Borthwick Doris E
Bought by
Sterner John Monroe and Sterner Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
May Jared $144,500 None Available
Morrison John A -- Devon
Kocher Bradley $130,000 Devon
Sterner John Monroe $150,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Jared $141,882
Previous Owner Kocher Bradley $123,500
Previous Owner Sterner John Monroe $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $144,500 0.0% $50 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $144,500 +3.2% $50 / Sq Ft
11/06/2015 11/06/15 Sold $140,000 -3.4% $49 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $144,900 +11.5% $50 / Sq Ft
08/03/2012 08/03/12 Sold $130,000 -21.2% $45 / Sq Ft View Prior Sale
02/27/2012 02/27/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $164,900 -- $57 / Sq Ft
Source: MichRIC

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 $4,672 $137,100 $0 $0
2024 $1,245 $124,700 $0 $0
2023 $3,927 $102,800 $0 $0
2022 $2,824 $85,300 $0 $0
2021 $2,272 $88,900 $0 $0
2020 $2,960 $81,500 $0 $0
2019 $2,081 $70,300 $0 $0
2018 $2,081 $56,100 $13,000 $43,100
2017 $0 $42,700 $0 $0
2016 $0 $45,600 $0 $0
2015 -- $47,500 $0 $0
2014 -- $52,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18056259

MichRIC

APN: 51-002-029-01