NOT LISTED FOR SALE

604 Division St Adrian, MI 49221

Estimated Value: $135,000 - $146,000

4 Beds
3 Baths
2,339 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $70,000 $30 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $890/month

About This Home

As of November 2021

3 Unit in the city of Adrian. Great rental income with potential for higher rents. Fully Occupied. Corner lot.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 10/26/2021

Last Buyer's Agent

Mike Ahleman

Howard Hanna Real Estate Services-Adrian License #LCAR-6506048448

Howard Hanna Real Estate Services-Adrian

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 78x88
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units
  • Net Operating Income $19,200

Listing and Financial Details

  • Assessor Parcel Number XA0-422-3028-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1870.05
  • Total Tax Year: 2020
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2339

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Frontage: 78
  • Sideof Street: W
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-422-3028-00
  • Location: Corner Lot
  • Lot Dimensions: 78x88
  • Acreage: 0.2
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,339.82
  • Winter Tax: Year: 2020, Amount: $530.23
  • Taxable Value: 33013
  • Total Tax: Year: 2020, Amount: $1,870.05
  • SEV Year: 2021

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jan 17, 2012
Sold by
Crawford Rodney
Bought by
A & B Property Llc
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Jeff Rising
Cornerstone Real Estate
List Price
$10,000
Sold Price
$10,000
Current Estimated Value
$141,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,415
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Mbg Inc
Bought by
Crawford Rodney

Purchase Details

Closed on
Jan 31, 2009
Sold by
Crawford Rodney and Crawfrod Melissa K
Bought by
Mbg Inc

Purchase Details

Closed on
Jan 20, 2009
Sold by
Crawford Rodney and Crawford Melissa K
Bought by
Mbg Inc

Purchase Details

Closed on
Mar 29, 2005
Sold by
Randall Clifford and Randall Marcia
Bought by
Gratz Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
5.64%
Mortgage Type
Stand Alone Second
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
A & B Property Llc $10,000 Prestige Title Insurance Age
Crawford Rodney -- None Available
Mbg Inc -- None Available
Mbg Inc -- None Available
Gratz Kevin $107,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gratz Kevin $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $70,000 -22.2% $30 / Sq Ft
10/26/2021 10/26/21 For Sale $90,000 +800.0% $38 / Sq Ft
01/17/2012 01/17/12 Sold $10,000 0.0% $4 / Sq Ft
01/17/2012 01/17/12 For Sale $10,000 -- $4 / 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 $4,535 $59,500 $0 $0
2024 $2,974 $51,900 $0 $0
2023 $3,647 $48,700 $0 $0
2022 $2,608 $46,300 $0 $0
2021 $2,031 $43,500 $0 $0
2020 $2,018 $43,800 $0 $0
2019 $92,055 $37,300 $0 $0
2018 $1,946 $43,985 $0 $0
2017 $1,890 $32,339 $0 $0
2016 $1,875 $32,948 $0 $0
2014 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Randall

    Seller's Agent in 2021

    Marcia Randall

    Foundation Realty, LLC

    (517) 206-5237

    46 in this area

    115 Total Sales

    Marcia Randall
    Section Image
  • Mike Ahleman

    Buyer's Agent in 2021

    Mike Ahleman

    Howard Hanna Real Estate Services-Adrian

    (517) 605-6926

    10 in this area

    32 Total Sales

    Mike Ahleman
    Section Image

  • J

    Seller's Agent in 2012

    Jeff Rising

    Cornerstone Real Estate

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50059144

Michigan Multiple Listing Service

APN: XA0-422-3028-00

Michigan Lenawee County Adrian 49221

604 Division St, Adrian, MI

This home is located at 604 Division St, Adrian, MI 49221 since 26 October 2021 and is currently estimated at $141,415, approximately $60 per square foot. This property was built in 1900. 604 Division St is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and St. Stephen Lutheran 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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