NOT LISTED FOR SALE

7250 U S 223 Adrian, MI 49221

Estimated Value: $234,000 - $358,000

Studio
-- Bath
4,456 Sq Ft
$65/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2014

Last sale price $135,000 $30 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,749 / mo

147 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of August 2014

Totally renovated duplex on main road just outside of Adrian. This duplex is a side by side. Unit A - 3 BR, 1 Bath, Living room, Kitchen, Dining room, Laundry. Unit B - 3 BR, 2 Bath, Living room, Kitchen, Laundry. Both units have new heating and C/A Units, water heaters, electrical all separate utilities. Unit A is totally new from top to bottom. This property also includes a 24x48 building that could be used for a business, storage, or converted into another residential unit.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 02/26/2014

Last Buyer's Agent

Alice Mackey

Foundation Realty, LLC License #LCAR-6502381472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 280x200

Home Design

  • Slab Foundation
  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number RM0-136-2125-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,111

Year Built

Built in 1950

Lot Details

1.28 Acres

Listing Details

  • Originating MLS: Lenawee
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3110.52
  • Total Tax Year: 2013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction: Aluminum, Wood
  • Exterior Features: Porch
  • Frontage: 280
  • Foundation Type: Slab
  • Roads: Paved Street

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Geothermal, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: RM0-136-2125-00
  • Lot Dimensions: 280x200
  • Acreage: 1.28
  • Zoning: Non-Conforming, Residential
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 3110

Tax Info

  • Summer Tax: Amount: $776.85
  • Winter Tax: Amount: $2,333.67
  • Total Tax: Year: 2013, Amount: $3,110.52

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Onsted Community Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
Aug 22, 2014
Sold by
Bought by
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Alice Mackey
Foundation Realty, LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$289,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,075
Avg. Annual Appreciation
6.70%
Original Mortgage
$121,500
Interest Rate
0.019%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 American Title Co Of Lenawee
$160,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $121,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $135,000 -9.9% $30 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $149,900 -- $34 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,259 $137,400 $0 $0
2025 $964 $130,600 $0 $0
2024 $9 $117,700 $0 $0
2022 $775 $96,100 $0 $0
2021 $1,865 $87,600 $0 $0
2020 $1,796 $79,800 $0 $0
2019 $185,724 $75,600 $0 $0
2018 $1,693 $75,584 $0 $0
2017 $1,627 $72,653 $0 $0
2016 $1,616 $65,267 $0 $0
2014 -- $54,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20393438

Michigan Multiple Listing Service

APN: RM0-136-2125-00

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