NOT LISTED FOR SALE

838 Toledo St Unit 838.5 Toledo St. Adrian, MI 49221

Estimated Value: $137,000 - $167,595

7 Beds
3 Baths
2,976 Sq Ft
$49/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $81,500 $27 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,004/month

About This Home

As of June 2019

3 Unit in the city of Adrian

Last Listed By

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 06/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 87x87
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-515-0002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1890

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: More Than 2 Stories
  • Year Built: 1890
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: MI Basement, Outside Entrance
  • Bedrooms: 7
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2976

Exterior Features

  • Frontage: 87
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-515-0002-00
  • Location: Corner Lot
  • Lot Dimensions: 87x87
  • Acreage: 0.14
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,137.27
  • Winter Tax: Year: 2018, Amount: $434.96
  • Taxable Value: 25816
  • Total Tax: Year: 2018, Amount: $1,572.23
  • SEV Year: 2019

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
Jun 7, 2019
Closed on
Jun 7, 2019
Sold by
Jeffrey Investments Llc
Bought by
Bachman Brandon T and Laferve William J
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$85,000
Sold Price
$81,500
Premium/Discount to List
-$3,500
-4.12%
Current Estimated Value
$146,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,649
Avg. Annual Appreciation
10.35%
Original Mortgage
$80,023
Outstanding Balance
$71,606
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$74,543

Purchase Details

Closed on
Mar 20, 2002
Sold by
Randall Marcia L
Bought by
Jeffrey Investments Llc

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
Bachman Brandon T $81,500 --
Jeffrey Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachman Brandon T $80,023
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $81,500 -4.1% $27 / Sq Ft
06/07/2019 06/07/19 For Sale $85,000 -- $29 / 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 $2,328 $49,800 $0 $0
2023 $2,742 $45,400 $0 $0
2022 $3,768 $40,800 $0 $0
2021 $1,903 $35,200 $0 $0
2020 $1,892 $33,800 $0 $0
2019 $74,377 $30,700 $0 $0
2018 $1,572 $37,519 $0 $0
2017 $1,659 $27,026 $0 $0
2016 $1,781 $25,308 $0 $0
2014 -- $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31383230

Michigan Multiple Listing Service

APN: XA0-515-0002-00