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1002 S Locust Ln; Albion, MI Property Details

1002 S Locust Ln, Albion, MI is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 1002 S Locust Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,146 square feet. The lot size of 1002 S Locust Ln is 30,492 square feet.

Off market
1002 S Locust Ln Albion, MI 49224
$165,000 Listing Price
3 Beds
2.5 Baths
2,146 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $165,000
  • Open Loans / Balance: 2 / $373,826
  • Est. Equity / %: $-27,826 / -8.04%
  • Gross Yield: 15.801%
  • APN: 51-007-609-00
  • Situs County: Calhoun
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 2,146/SqFt
  • Lot: 30,492/SqFt
  • Garage: 616/SqFt
  • Living: 2,146/SqFt
  • Basement: 1,160/SqFt
  • Building: 2,146/SqFt
  • Ground: 1,992/SqFt
  • Price Per Square Foot: $76.89

Legal Description

  • Description: ALBION CITY, LOCUST LANE SUBDIVISION LOT 9. MCL 211.27 $3682 1998
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Marshall Public Schools
  • Lat / Lon: 42.236298 / -84.73997
  • Subdivision: Locust Lane
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 401

Amenities

  • Plus Four: 2242
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Hot Water
  • Parking: 2

HOA

  • H O A One: $280
  • H O A Amount: $280
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

1002 S Locust Ln has no associated ownership info
1002 S Locust Ln has no associated ownership info.

Taxes

1002 S Locust Ln has 8 associated Taxes items

1002 S Locust Ln, Albion, MI pays taxes in Calhoun County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $175,200. The APN we've located for 1002 S Locust Ln is 51-007-609-00.

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Taxes
  • Assessed Value:  $175,200
  • Assessed Year:  2026
  • Assessed County:  Calhoun
  • APN:  51-007-609-00
  • Tax Amount:  5076.51
  • Tax Year:  2025
  • Market Value:  350400
  • Market Year:  2025

Tax History

1002 S Locust Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $175,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,076.51 Change Rate +0.017808% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,987.69 Change Rate +2.753812% Assessed CR Tax Rate
Year 2023 Assessed Value $121,000 Land Value Improvement Value Tax Amount $1,328.7 Change Rate -0.683014% Assessed CR Tax Rate +0.010981%
Year 2022 Assessed Value $98,800 Land Value Improvement Value Tax Amount $4,191.67 Change Rate Assessed CR Tax Rate +0.042426%
Year 2021 Assessed Value $100,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $94,100 Land Value Improvement Value Tax Amount $4,075.97 Change Rate Assessed CR Tax Rate +0.043315%
Year 2019 Assessed Value $110,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $95,500 Land Value $21,100 Improvement Value $74,400 Tax Amount $3,977.28 Change Rate Assessed CR Tax Rate +0.041647%
Year 2017 Assessed Value $81,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $88,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $93,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $104,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate