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1003 S Locust Ln; Albion, MI Property Details

1003 S Locust Ln, Albion, MI is a Single Family that was built in 1961. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1003 S Locust Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,730 square feet. The lot size of 1003 S Locust Ln is 27,530 square feet.

Off market
1003 S Locust Ln Albion, MI 49224
$99,000 Listing Price
3 Beds
2 Baths
2,730 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $94,500
  • Open Loans / Balance: 1 / $3,246
  • Est. Equity / %: $355,754 / 99.1%
  • Gross Yield: 15.911%
  • APN: 51-007-612-00
  • Situs County: Calhoun
  • Length Of Ownership: 5 years, 7 months

Rooms

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

Measurements

  • Total: 2,730/SqFt
  • Lot: 27,530/SqFt
  • Garage: 1,020/SqFt
  • Living: 2,730/SqFt
  • Basement: 1,014/SqFt
  • Building: 2,730/SqFt
  • Ground: 1,560/SqFt
  • Price Per Square Foot: $34.62

Legal Description

  • Description: ALBION CITY, LOCUST LANE SUBDIVISION LOT 12
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: 42.236095 / -84.739006
  • Subdivision: Locust Lane
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 401

Amenities

  • Plus Four: 2243
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 4

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

1003 S Locust Ln has no associated ownership info
1003 S Locust Ln has no associated ownership info.

Taxes

1003 S Locust Ln has 8 associated Taxes items

1003 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 $183,200. The APN we've located for 1003 S Locust Ln is 51-007-612-00.

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Taxes
  • Assessed Value:  $183,200
  • Assessed Year:  2026
  • Assessed County:  Calhoun
  • APN:  51-007-612-00
  • Tax Amount:  7690.6
  • Tax Year:  2025
  • Market Value:  366400
  • Market Year:  2025

Tax History

1003 S Locust Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $183,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,690.6 Change Rate +0.021308% Assessed CR Tax Rate
Year 2024 Assessed Value $153,400 Land Value Improvement Value Tax Amount $7,530.15 Change Rate +1.227763% Assessed CR Tax Rate +0.049088%
Year 2023 Assessed Value $124,700 Land Value Improvement Value Tax Amount $3,380.14 Change Rate -0.48355% Assessed CR Tax Rate +0.027106%
Year 2022 Assessed Value $100,900 Land Value Improvement Value Tax Amount $6,544.95 Change Rate Assessed CR Tax Rate +0.064866%
Year 2021 Assessed Value $103,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $98,200 Land Value Improvement Value Tax Amount $5,641.9 Change Rate Assessed CR Tax Rate +0.057453%
Year 2019 Assessed Value $115,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $97,900 Land Value $20,000 Improvement Value $77,900 Tax Amount $3,967.57 Change Rate Assessed CR Tax Rate +0.040527%
Year 2017 Assessed Value $81,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $85,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $91,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $103,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate