NOT LISTED FOR SALE

623 E Front St Adrian, MI 49221

Estimated Value: $123,980 - $149,000

4 Beds
2 Baths
1,484 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $32,000 $22 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $934/month

46 Days on Market

About This Home

As of May 2016

This is a great duplex with many updates. New roof in 2014. 2 Furnaces, one new in 2015 one in the 1990s. Separate electric. The owner has maintained these units very well. Each unit is 2 bedroom. Live in one unit and rent the second to pay your mortgage or rent both for income. East side unit flooring is being replaced.

Last Agent to Sell the Property

Diane Noce

The Wagley Group License #LCAR-6501388525 Listed on: 03/08/2016

The Wagley Group

Last Buyer's Agent

Diane Noce

The Wagley Group License #LCAR-6501388525 Listed on: 03/08/2016

The Wagley Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 64x82

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XAO-0017001-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1249.52
  • Total Tax Year: 2015
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1484

Exterior Features

  • Frontage: 64
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XAO-0017001-00
  • Lot Dimensions: 64x82
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $910.51
  • Winter Tax: Year: 2015, Amount: $339.01
  • Taxable Value: 20900
  • Total Tax: Year: 2015, Amount: $1,249.52
  • SEV Year: 2015

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
Mar 8, 2016
Closed on
May 11, 2016
Sold by
Richard J Brehmer
Bought by
Marine Debrah and Marine Jacob
Seller's Agent
Diane Noce
The Wagley Group
Buyer's Agent
Diane Noce
The Wagley Group
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%
Current Estimated Value
$136,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,495
Avg. Annual Appreciation
16.69%
Original Mortgage
$24,000
Interest Rate
3.61%
Source: Public Records

Range of Values:

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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
Marine Debrah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marine Jacob $33,600
Closed Marine Debrah $24,000
Closed Marine Debrah --
Closed Marine Jacob $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $32,000 -19.8% $22 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $39,900 -- $27 / 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 $2,561 $46,400 $0 $0
2024 $1,710 $42,600 $0 $0
2023 $2,077 $38,100 $0 $0
2022 $1,531 $34,500 $0 $0
2021 $1,504 $31,400 $0 $0
2020 $1,494 $28,600 $0 $0
2019 $67,562 $25,900 $0 $0
2018 $1,518 $29,996 $0 $0
2017 $1,454 $23,504 $0 $0
2016 $1,298 $22,426 $0 $0
2014 -- $23,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diane Noce

    The Wagley Group

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31282229

Michigan Multiple Listing Service

APN: XA0-001-7001-00

Michigan Lenawee County Adrian 49221

623 E Front St, Adrian, MI

This home is located at 623 E Front St, Adrian, MI 49221 since 08 March 2016 and is currently estimated at $136,495, approximately $91 per square foot. This property was built in 1900. 623 E Front 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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