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Sold on 01/16/2017

504 506 State, Adrian, MI 49221

$193,000

Last sold 01/16/2017 for $105K

  • 4

    bed

  • 3

    bath

  • 2,728

    Sqft ($38/Sqft)

Multi-family not for sale
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About 504 506 State

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Property description
There are 2 houses on property. Can not be split. Financing will have to have 20% or more down. 1 house at 504 State St., has two 1 BR/1 bath apartments. House at 506 State St. is a single family dwelling and has 2 BR/ 1 bath, living rm., dining rm, basement. Seller is a licensed realtor. Unit #1= 506 State St., Unit #2= 504 State St., Unit #3= 504 1/2 State St. Located in Historic District. 2 houses- 3 units. 1 single family 2 BR house & second house with 2 units. All in great shape & ready to be taken over. All separate utilities. All rented. Annual income $18,780. Present owner has owned them for 24 years & they have always brought in a great income. You could live in one & the other 2 would completely pay your payment. Or, rent them all & let it pay for itself.
Listed by
Listing Agent - Lynn Pifer
Listing Office - Linda Rudd & Associates, Inc.
Source: MiRealSource, Inc mls logo
MLS#31303509 • last updated 9 years ago
Movoto checked MiRealSource, Inc for data 3 minutes ago
Overview
Cooling/AC None
Heating Forced Air
Levels/Style Bungalow
Status Closed
Type Multi-Family
Lot Size (Acres) 0.12
Total Tax Amount 2574.47
Year Built 1900
Interior
# of Full Baths 3
Basement Block
Interior Features Cable/Internet Avail.
Exterior
Foundation Basement
Construction Other
Parking Desc 3 Or More Spaces
Lot Desc Platted
Amenities / Utilities
Fuel Type Natural Gas
Sewer/ Septic Public Sanitary
Water Public Water
Water Heater Gas
Location
Water Features None
County Adrian (46025)
Subdivision Berrys Southern Addition/Historic
APN Lynnapifer@gmail.com
Zoning Residential
$193K
Range: $131K-$254K
Last 30 days 
  • Jan 2024
    Public Records
  • Jan 23, 2024 Sold
    $188,000 (+79.0%)
  • Feb 2017
    Public Records
  • Feb 23, 2017 Sold
    $105,000
  • Feb 2017
    mls logo MLS # 31303509
  • Feb 21, 2017 Sold
    $105,000 (-12.4%)
  • Sep 20, 2016 Listed
    $119,900
  • Year Property taxes Tax assessment
  • 2024
    $4,718 +23.5%
    $75,600 +2.3%
  • 2023
    $3,820 -33.2%
    $73,900 +19.58%
  • 2021
    $5,723 +99.3%
    $61,800 +9.96%
  • 2020
    $2,871 -97.8%
    $56,200 +4.0%
  • 2018
    $129,469 +10165.9%
    $54,038 +24.18%
  • 2017
    $1,261
    $43,517
  • 504 506 State
    $105K
  • Adrian (46025)
    —
  • 49221
    $223K -14% y/y
  • Adrian
    $219K -5% y/y
No chart available
Statistics calculated by Movoto

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Around Adrian (46025)

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