NOT LISTED FOR SALE

711 E Michigan St Unit 713 E Michigan St Adrian, MI 49221

Estimated Value: $109,000 - $119,639

5 Beds
2 Baths
1,700 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $83,000 $49 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $800/month

435 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of August 2021

Very nice updated duplex. Live in one side and let the other side pay for it all. Updated electrical, plumbing, flooring, bath and laundry, kitchen in Apt 1. New water heaters in 2019 in both. New rubber roof on back of house. Great income potential.

Last Agent to Sell the Property

Janie Navarro

Xsell Realty License #LCAR-6501333304 Listed on: 05/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x89

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Eastern Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-515-0393-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1900

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: Contemporary
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1700

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 2 Spaces

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
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-515-0393-00
  • Location: Main Street
  • Lot Dimensions: 50x89
  • Acreage: 0.1
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,038.00
  • Winter Tax: Year: 2019, Amount: $396.00
  • Taxable Value: 23502
  • Total Tax: Year: 2019, Amount: $1,434.00
  • SEV Year: 2020

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 12, 2020
Closed on
Aug 10, 2021
Sold by
Trejo Juan
Bought by
Mefford Evan L
Seller's Agent
Janie Navarro
Xsell Realty
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%
Current Estimated Value
$114,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,910
Avg. Annual Appreciation
8.79%
Original Mortgage
$62,250
Outstanding Balance
$57,134
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$57,776

Purchase Details

Closed on
Apr 28, 2011
Sold by
Krohn Jason
Bought by
J & D Elite Housing Llc

Purchase Details

Closed on
Nov 2, 2010
Sold by
Mccarley Sherry
Bought by
Krohn Jason

Purchase Details

Closed on
Oct 29, 2010
Sold by
Fannie Mae
Bought by
Mccarley Sherry

Purchase Details

Closed on
Mar 29, 2010
Sold by
First Federal Bank
Bought by
Fannie Mae

Purchase Details

Closed on
Mar 25, 2010
Sold by
Gratz Kevin L
Bought by
Pavillion Mortgage Company

Purchase Details

Closed on
Apr 10, 2006
Sold by
Johnston Mark L
Bought by
Gratz Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Johnston Joshua and Johnston Stephanie
Bought by
Johnston Mark L and The Mark Ljohnston Living Trust
Source: Public Records

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Range of Values:

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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
Mefford Evan L $83,000 None Available
J & D Elite Housing Llc -- None Available
Krohn Jason -- None Available
Mccarley Sherry $12,900 None Available
Fannie Mae -- None Available
Pavillion Mortgage Company $62,117 None Available
Gratz Kevin L $60,000 Atcl
Johnston Mark L $20,000 Atcl
Johnston Mark L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mefford Evan L $62,250
Previous Owner Johnston Mark L $62,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $83,000 -7.7% $49 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $89,900 0.0% $53 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
08/12/2020 08/12/20 Price Changed $89,900 -10.0% $53 / Sq Ft
05/12/2020 05/12/20 For Sale $99,900 -- $59 / 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
2024 $2,280 $45,300 $0 $0
2023 $2,818 $41,200 $0 $0
2022 $2,903 $37,000 $0 $0
2021 $1,733 $32,000 $0 $0
2020 $1,457 $30,600 $0 $0
2019 $66,450 $27,800 $0 $0
2018 $1,405 $33,749 $0 $0
2017 $1,365 $24,000 $0 $0
2016 $1,481 $22,474 $0 $0
2014 -- $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50011168

Michigan Multiple Listing Service

APN: XA0-515-0393-00