NOT LISTED FOR SALE

809 N Broad St Adrian, MI 49221

Estimated Value: $126,371 - $159,000

4 Beds
3 Baths
1,962 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $64,500 $33 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $999/month

59 Days on Market

About This Home

As of January 2022

3 Unit close to downtown Adrian. Great rental income.

Last Agent to Sell the Property

Marcia Randall

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

Last Buyer's Agent

Zackery Bock

Front Street Realty License #LCAR-6502379630

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x130

Parking

  • 3 Car Parking Spaces

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units
  • Net Operating Income $18,000

Listing and Financial Details

  • Assessor Parcel Number XA0-250-5013-00

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: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Partial
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1962

Exterior Features

  • Frontage: 66
  • Sideof Street: W
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-250-5013-00
  • Lot Dimensions: 66x130
  • Acreage: 0.2
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years, Lease Required

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,333.49
  • Winter Tax: Year: 2020, Amount: $527.72
  • Taxable Value: 32857
  • Total Tax: Year: 2020, Amount: $1,961.21
  • 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
Mar 16, 2018
Closed on
Apr 12, 2018
Sold by
Moore Homes Llc
Bought by
A&B Property Llc
Seller's Agent
Mark Goedert
Goedert Real Estate - Adr
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%
Current Estimated Value
$136,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,343
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Dotson Jeffrey E and Jedele Douglas E
Bought by
Moore Homes Llc

Purchase Details

Closed on
May 30, 2008
Sold by
Dotson Jeffrey E
Bought by
Dotson Jeffrey E and Jedele Ii Douglas E
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
A&B Property Llc $31,000 --
Moore Homes Llc $20,000 None Available
Dotson Jeffrey E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $64,500 -0.8% $33 / Sq Ft
11/29/2021 11/29/21 Price Changed $65,000 -7.1% $33 / Sq Ft
10/26/2021 10/26/21 For Sale $70,000 +125.8% $36 / Sq Ft
04/23/2018 04/23/18 Sold $31,000 +3.7% $16 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/16/2018 03/16/18 Price Changed $29,900 -25.1% $15 / Sq Ft
03/16/2018 03/16/18 For Sale $39,900 -- $20 / 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 $2,862 $51,500 $0 $0
2023 $4,134 $46,200 $0 $0
2022 $2,058 $41,800 $0 $0
2021 $2,021 $38,000 $0 $0
2020 $2,008 $35,300 $0 $0
2019 $80,778 $31,800 $0 $0
2018 $1,708 $37,276 $0 $0
2017 $1,659 $30,416 $0 $0
2016 $1,645 $28,248 $0 $0
2014 -- $29,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50059145

Michigan Multiple Listing Service

APN: XA0-250-5013-00