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506 Mechanic St; Albion, MI Property Details

506 Mechanic St, Albion, MI is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 506 Mechanic St has 2 bedrooms, and 1 bathroom, and a total of 609 square feet. The lot size of 506 Mechanic St is 9,801 square feet.

Off market
506 Mechanic St Albion, MI 49224
$26,700 Estimated Value
2 Beds
1 Baths
609 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $7,000
  • Est. Equity / %: $96,000 / 100%
  • Gross Yield: 7.988%
  • APN: 51-006-912-00
  • Situs County: Calhoun
  • Length Of Ownership: 3 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Measurements

  • Total: 609/SqFt
  • Lot: 9,801/SqFt
  • Living: 609/SqFt
  • Basement: 252/SqFt
  • Building: 609/SqFt
  • Ground: 546/SqFt
  • Price Per Square Foot: $11.49

Legal Description

  • Description: ALBION CITY, IRWIN & HODGE ADDITION BLK 1 LOT 12. (506 MECHANIC STREET)
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: 42.23898 / -84.75942
  • Subdivision: Irwin & Hodge Add
  • Property Class: Residential
  • Zoning: R-2
  • County Use Code: 401

Amenities

  • Plus Four: 2094
  • Heating: Forced air unit

Ownership Info

506 Mechanic St has no associated ownership info
506 Mechanic St has no associated ownership info.

Taxes

506 Mechanic St has 8 associated Taxes items

506 Mechanic St, 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 $26,700. The APN we've located for 506 Mechanic St is 51-006-912-00.

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Taxes
  • Assessed Value:  $26,700
  • Assessed Year:  2026
  • Assessed County:  Calhoun
  • APN:  51-006-912-00
  • Tax Amount:  1624.54
  • Tax Year:  2025
  • Market Value:  53400
  • Market Year:  2025

Tax History

506 Mechanic St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $26,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,624.54 Change Rate +0.021293% Assessed CR Tax Rate
Year 2024 Assessed Value $23,500 Land Value Improvement Value Tax Amount $1,590.67 Change Rate +4.925386% Assessed CR Tax Rate +0.067688%
Year 2023 Assessed Value $21,000 Land Value Improvement Value Tax Amount $268.45 Change Rate -0.477907% Assessed CR Tax Rate +0.012783%
Year 2022 Assessed Value $19,200 Land Value Improvement Value Tax Amount $514.18 Change Rate Assessed CR Tax Rate +0.02678%
Year 2021 Assessed Value $16,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $14,100 Land Value Improvement Value Tax Amount $498.43 Change Rate Assessed CR Tax Rate +0.03535%
Year 2019 Assessed Value $11,200 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $10,500 Land Value $6,300 Improvement Value $4,200 Tax Amount $480.72 Change Rate Assessed CR Tax Rate +0.045783%
Year 2017 Assessed Value $13,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $7,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $7,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $8,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate