NOT LISTED FOR SALE

526 Finch St Adrian, MI 49221

Estimated Value: $155,829 - $175,000

-- Bed
-- Bath
-- Sq Ft
4,835 Sq Ft Lot

Last Sold November 01, 2013

Last sale price $20,000

Est. 722% increase in value since last sale

Current estimated payment $1,208/month

34 Days on Market

About This Home

As of November 2013

Investors....Income-Income-Income from this three unit home in Adrian. This one has cash flow opportunity to dream for in any rental property. Could also be your home with two additional units to pay the bills! Appliances are included. 2 units are 1 bedroom 1 bath and 1 unit is 2 bedroom 1 bath. Electric is separated. Take advantage of today's market and let the renters pay your mortgage. (7539)

Last Agent to Sell the Property

Rick Roth

CENTURY 21 Affiliated License #6502116094 Listed on: 09/03/2013

Last Buyer's Agent

Rick Roth

CENTURY 21 Affiliated License #6502116094 Listed on: 09/03/2013

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,727

Year Built

  • Built in 1930

Lot Details

  • 4,835

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,835 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,727

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 34000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4835.0

Multi Family

  • Number of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Nov 1, 2013
Sold by
Monarch Community Bank
Bought by
Ballou Gideon
Seller's Agent
Rick Roth
CENTURY 21 Affiliated
Buyer's Agent
Rick Roth
CENTURY 21 Affiliated
List Price
$34,000
Sold Price
$20,000
Premium/Discount to List
-$14,000
-41.18%
Current Estimated Value
$164,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,457
Avg. Annual Appreciation
19.43%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Lofton Samuel H and Lofton Season M
Bought by
Monarch Community Bank

Purchase Details

Closed on
Feb 15, 2008
Sold by
Fannie Mae
Bought by
Lofton Samuel H and Lofton Season M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,100
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 10, 2006
Sold by
Fifth Third Mortgage Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 5, 2006
Sold by
Warner Michael W
Bought by
Fifth Third Mortgage Co
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ballou Gideon $20,000 None Available
Monarch Community Bank $40,000 None Available
Lofton Samuel H $40,000 Fidelity National Title
Federal National Mortgage Association -- None Available
Fifth Third Mortgage Co $121,212 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lofton Samuel H $15,100
Previous Owner Lofton Samuel H $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $20,000 -41.2% --
10/07/2013 10/07/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $34,000 -- --
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 $3,727 $67,100 $0 $0
2024 $2,497 $61,100 $0 $0
2023 $3,027 $55,000 $0 $0
2022 $4,302 $49,600 $0 $0
2021 $2,172 $45,100 $0 $0
2020 $2,558 $40,800 $0 $0
2019 $98,456 $36,700 $0 $0
2018 $2,481 $45,783 $0 $0
2017 $2,422 $38,055 $0 $0
2016 $2,406 $35,271 $0 $0
2014 -- $36,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Roth

    CENTURY 21 Affiliated

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13052166

Southwestern Michigan Association of REALTORS®

APN: XA0-002-6006-00

Michigan Lenawee County Adrian 49221

526 Finch St, Adrian, MI

This home is located at 526 Finch St, Adrian, MI 49221 since 03 September 2013 and is currently estimated at $164,457. This property was built in 1930. 526 Finch St is a home located in Lenawee County with nearby schools including Adrian High School, St. Joseph Academy, and St. Joseph's Academy.

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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