8518 Addison Road

Sold 4/12/22
Sold 4/12/22
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Last Sold Price
$272,500
10 beds
8518 Addison Road, Jerome, MI 49249

Description

Over 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.Over 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.
LISTING CLOSED: 04/12/2022 12:00 AM

  1. Listed by Timothy Groves • Coldwell Banker Groves Real Estate
    P: (517) 398-1514 C: (517) 398-1514 tim@cbgroves.com

Property Details for 8518 Addison Road

Status
Sold
MLS #
21118800
Days on Market
59
Taxes
$2,445 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
1900
Lot Size
1.43 AC / 62,291 SF
County
Hillsdale County

Recent comparable sales

Median sold price

$281,000

Avg days on market

59

Sale-to-list ratio

94.8%

Jerome, MI

9 comparable properties found

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1

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Square Feet
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Acres

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2

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Unavailable
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Square Feet
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7501 Moscow Road, Jerome, MI 49249

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Unavailable
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Square Feet
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Acres

7291 East Sterling Road, Jerome, MI 49249

$229,900 | 7751 Moreland Road, Jerome, MI 49249
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4

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7751 Moreland Road, Jerome, MI 49249

$575,000 | 11243 Pinewood Drive, Jerome, MI 49249
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11243 Pinewood Drive, Jerome, MI 49249

$780,000 | 53 Northridge Way, Jerome, ID 83338
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Acres

53 Northridge Way, Jerome, ID 83338

$550,000 | 1308 North Buchanan Street, Jerome, ID 83338
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Square Feet
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Acres

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$1,025,000 | 288 East 600 South, Jerome, ID 83338
8

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Square Feet
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Acres

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a front view of a building with glass windows
1/84
9

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Square Feet
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Acres

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Amenities

  • Basement
  • Fireplace
  • Forced Air
  • Garage
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Location

Listing Courtesy of Coldwell Banker Groves Real Estate

Sold By Coldwell Banker Groves Real Estate

Add your commute

Building Information for 8518 Addison Road

Stories-Residences3Year Built1900Building Size-Lot Size1.43 AC / 62,291 SF

Payment Calculator

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$1,589 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,385

Property Taxes

$204

HOA Dues

$0

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Property Information for 8518 Addison Road

Summary
Location and General Information
  • Cross Streets: East of Chandler Rd
  • Municipality: Moscow Twp
  • Directions: Knowles Rd north of North Adams to Addision Rd, East to property on North side.
  • Area - Major: Hillsdale County - X
  • Street #: 8518
  • Street Name: Addison
  • Suffix: Road
  • City: North Adams
  • State: MI
  • Zip Code: 49262
  • County: Hillsdale
  • Latitude: 41.986186
  • Longitude: -84.486555
  • Area - Minor: Hillsdale County - X
Taxes and HOA
  • Taxable Value: 61954.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 30-03-036-400-022-36-5-2
  • Homestead: 0
  • SEV: 113900
Parking
  • Parking Features: Unpaved
  • Parking Total: 12.0
  • Attached Garage: No
  • Driveway: Unpaved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 203x306
  • Lot Measurement: Acres
  • Lot Acres: 1.43
  • Lot Square Footage: 62291.0
  • Lot Size Area: 1.43
Property and Assessments
  • Tax Year: 2021
  • Road Surface Type: Paved
  • Legal: Per recorded deed
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Electricity Available, Phone Connected, Electricity Connected, Propane
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Electricity Available, Phone Available
  • Utilities Attached: Electricity Connected, Phone Connected, Propane
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Construction Materials: Block, Vinyl Siding
  • Street Type: Paved
  • Exterior Material: Block, Vinyl Siding
  • Roofing: Metal
  • Substructure: Slab
  • Extras: Garages, Sep Electric Meter, Tenant Storage
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Propane
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 3
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 0
  • Occupied: Yes
  • Description: West unit
Unit 2
  • BathsTotal: 2
  • BedsTotal: 3
  • FullBaths: 1
  • HalfBaths: 1
  • Occupied: Yes
  • Description: Middle Unit
Unit 3
  • BathsTotal: 2
  • BedsTotal: 4
  • FullBaths: 2
  • HalfBaths: 0
  • Occupied: No
  • Description: West Unit
Unit 4
  • BathsTotal: 0
Unit 5
  • BathsTotal: 0
Unit 6
  • BathsTotal: 0
Unit 7
  • BathsTotal: 0
Unit 8
  • BathsTotal: 0
Unit 9
  • BathsTotal: 0
Unit 10
  • BathsTotal: 0
Unit 11
  • BathsTotal: 0
Unit 12
  • BathsTotal: 0
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 8518 Addison Road

DateEvent & SourcePriceAppreciation
Apr 12, 2022

Sold (Public Record)

Public Record #1488417460

$272,500

+10.0% / yr

Apr 12, 2022

Sold

MiRealSource #70242074

$272,500—
Apr 12, 2022

Sold

Michigan Regional Information Center #21118800

$272,500—
DateEvent & SourcePrice
04/12/2022

Sold (Public Record)

Public Record #1488417460

$272,500

+10.0% / yr

04/12/2022

Sold

MiRealSource #70242074

$272,500
04/12/2022

Sold

Michigan Regional Information Center #21118800

$272,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8518 Addison Road

Taxable ValueLand-Additions-Total-
Tax Record2025$8,376 ($698 / month)
Home Facts
Beds0Baths4Total Finished SqFt3,540 SqFtAbove Grade Finished SqFt3,540 SqFtStories2Lot Size62,291 SqFtStyleSingle Family ResidenceCountyHILLSDALEAPN03-036-400-022-36-5-2

Schools near 8518 Addison Road

This home is within North Adams-Jerome Public Schools.
Rating
School
Type
Grades
Distance
North Adams-Jerome Elementary School
Public - PK to 5
North Adams-Jerome Middle/High School
Public - 6 to 12
Rating
School
Distance
North Adams-Jerome Elementary School
PublicPK to 5

North Adams-Jerome Middle/High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 8518 Addison Road, Jerome, MI 49249
$272,500
10
–
62,291
8574 Addison Road, Jerome, MI 49249
$12,000
–
2
1,248
410,814
8658 Addison Road, Jerome, MI 49249
$37,000
3
1,456
217,800
8400 Addison Road, Jerome, MI 49249
–
–
4.5
980
962,676
8400 Addison Road, North Adams, MI 49262
–
–
1
720
352,400
8708 Addison Road, North Adams, MI 49262
$146,000
3
1,344
174,240

Explore Nearby Homes

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Listing Courtesy of Coldwell Banker Groves Real Estate

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