NOT LISTED FOR SALE

547 Grand St Adrian, MI 49221

Estimated Value: $95,000 - $168,000

3 Beds
2 Baths
1,494 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $65,000 $44 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $835/month

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of August 2018

Duplex for Sale! Great location near Trestle Park on Grand St. Unit 1 is 2 bedrooms, 1 bath upper/lower and access to full basement. Unit 2 is in the back of the house more like a "mother-in-law" suite with living room, kitchen, bath and bedroom. Roof 9 years old, wall side replacement windows and new carpet in Unit 1. Rental Certified with the City. Could be sold as a single family home and converted. Tenants are on month-to-month. Owner pays gas and water, separate electric. Unit 1 - $650/mo and Unit 2 - $400/mo.

Last Agent to Sell the Property

Jeff Rising

Cornerstone Real Estate License #LCAR-6502365182 Listed on: 05/31/2018

Last Buyer's Agent

Kasey White

Foundation Realty, LLC License #LCAR-6506046326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Street terminates at a dead end

Home Design

  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Storage
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0­795­0091­00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,257

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1890
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Common
  • Bedrooms: 3
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1494

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 66
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0­795­0091­00
  • Location: Dead End
  • Lot Dimensions: 66x132
  • Acreage: 0.2
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,413.51
  • Winter Tax: Year: 2017, Amount: $545.79
  • Taxable Value: 31675
  • SEV Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 13, 2018
Sold by
Snyder Melvin A and Snyder Kay L
Bought by
May Julie A
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Kasey White
Foundation Realty, LLC
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Current Estimated Value
$131,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,928
Avg. Annual Appreciation
10.52%
Original Mortgage
$48,750
Outstanding Balance
$42,513
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$89,415

Purchase Details

Closed on
Jun 27, 2013
Sold by
Snyder Melvin A and Snyder Kay L
Bought by
Snyder Melvin A and Snyder Kay L

Purchase Details

Closed on
May 10, 2007
Sold by
Snyder Melvin A and Snyder Kay L
Bought by
Snyder Melvin A and Snyder Kay L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
May Julie A $65,000 --
Snyder Melvin A -- None Available
Snyder Melvin A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Julie A $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $65,000 -7.1% $44 / Sq Ft
05/31/2018 05/31/18 For Sale $70,000 -- $47 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,257 $68,300 $0 $0
2024 $2,710 $61,000 $0 $0
2023 $3,377 $54,500 $0 $0
2022 $2,781 $48,000 $0 $0
2021 $2,798 $44,400 $0 $0
2020 $2,349 $40,700 $0 $0
2019 $95,408 $37,200 $0 $0
2018 $2,017 $40,565 $0 $0
2017 $1,959 $34,563 $0 $0
2016 $1,943 $32,791 $0 $0
2014 -- $32,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31349159

Michigan Multiple Listing Service

APN: XA0-795-0091-00