Seller's Agent in 2022
Tim Groves
Coldwell Banker Denny Groves
(517) 398-1514
180 Total Sales
8518 Addison Rd North Adams, MI 49262
Estimated Value: $330,000 - $580,000
--
Bed
--
Bath
--
Sq Ft
1.43
Acres
About This Home
As of April 2022Over 7000 square feet of living space stretched out between these 3 large rental units. Each has an upstairs, a downstairs and a garage. On top of the 3 rentals, there is a large garage separate from the apartments that could be rented as additional storage and a 2nd building that has many possibilities. It's a great time to start investing. One 4 bedroom 2 bath and two 3 bedroom 1 bath apartments.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,445
Year Built
- Built in 1900
Lot Details
- 1.43 Acre Lot
Parking
- 12 Parking Spaces
Home Design
- Metal Roof
Utilities
- Forced Air Heating System
- Well
- Septic System
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tenant pays for electricity, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2021
Closed on
Apr 13, 2022
Sold by
Eicher Matthew and Eicher Beth
Bought by
Michindoh Conference Center
Seller's Agent
Tim Groves
Coldwell Banker Denny Groves
Buyer's Agent
Rene' Spahr
Coldwell Banker Denny Groves
List Price
$279,900
Sold Price
$272,500
Premium/Discount to List
-$7,400
-2.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,682
Avg. Annual Appreciation
15.79%
Purchase Details
Listed on
Aug 14, 2012
Closed on
Oct 1, 2012
Sold by
Mullet Karlin D and Mullet Lisa R
Bought by
Eicher Matthew and Eicher Beth
Seller's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
Buyer's Agent
Darin Spieth
Spieth & Satow Auctions & Real Estate
List Price
$1
Sold Price
$110,000
Premium/Discount to List
$109,999
10999900%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Purchase Details
Closed on
Oct 13, 1997
Sold by
Mullet Karlin D and Mullet Lisa R
Bought by
Mullet, Karlin D & Lisa R Trust
Purchase Details
Closed on
Jul 21, 1997
Sold by
Osborn Linda K
Bought by
Mullet Karlin D and Mullet Lisa R
Purchase Details
Closed on
Mar 7, 1994
Sold by
Osborn Linda K
Bought by
Mullet Karlin D and Mullet Lisa R
Purchase Details
Closed on
Jun 6, 1991
Sold by
Irish Lloyd D and Irish Doris I
Bought by
Osborn Linda K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michindoh Conference Center | $272,500 | -- | |
| Eicher Matthew | $110,000 | None Available | |
| Mullet, Karlin D & Lisa R Trust | -- | -- | |
| Mullet Karlin D | $25,000 | -- | |
| Mullet Karlin D | $25,000 | -- | |
| Osborn Linda K | $26,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/12/2022 04/12/22 | Sold | $272,500 | -2.6% | -- | |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- | |
| 12/20/2021 12/20/21 | For Sale | $279,900 | +154.5% | -- | |
| 10/01/2012 10/01/12 | Sold | $110,000 | +10999900.0% | -- | View Prior Sale |
| 09/21/2012 09/21/12 | Pending | -- | -- | -- | |
| 08/14/2012 08/14/12 | For Sale | $1 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $8,268 | $206,900 | $0 | $0 |
| 2024 | $2,289 | $208,800 | $0 | $0 |
| 2023 | $2,182 | $198,900 | $0 | $0 |
| 2022 | $2,540 | $166,900 | $0 | $0 |
| 2021 | $25 | $113,900 | $0 | $0 |
| 2020 | $2,439 | $111,800 | $0 | $0 |
| 2019 | $2,417 | $100,800 | $0 | $0 |
| 2018 | $2,325 | $86,400 | $0 | $0 |
| 2017 | $2,260 | $87,500 | $0 | $0 |
| 2016 | $2,240 | $57,100 | $0 | $0 |
| 2015 | $621 | $57,100 | $0 | $0 |
| 2013 | $601 | $54,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Groves
-
Rene' Spahr
R
Buyer's Agent in 2022
Rene' Spahr
Coldwell Banker Denny Groves
(517) 607-6394
166 Total Sales
-
Darin Spieth
Seller's Agent in 2012
Darin Spieth
Spieth & Satow Auctions & Real Estate
(517) 398-6060
157 Total Sales
-
D
Seller Co-Listing Agent in 2012
Dan Satow
Sherry Haylett Homes and Recreational Properties
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21118800
APN: 03-036-400-022-36-5-2
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.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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