502 Ormsby St
Adrian, MI 49221
4 bd 2 ba 1,765 sqft Built 1860 Lot 3,920 sqft multi_family
Most recent sale
$25,000
Nov 28, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 28, 2023 | Sold | $25,000 | SEBorderAOR |
| Oct 5, 2023 | Listed | $24,900 | SEBorderAOR |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1860
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,765 sqft
Lot size
3,920 sqft
ZIP code
49221
City
Adrian
Street
Ormsby St
Coordinates
41.90030, -84.02551
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Ormsby St last sell?
502 Ormsby St most recently sold on Nov 28, 2023 for $25,000.
What is the current tax assessment for 502 Ormsby St?
No tax-assessment history is recorded for this parcel.
When was 502 Ormsby St built?
502 Ormsby St was built in 1860.
How does 502 Ormsby St compare to others on Ormsby St?
We track 8 other properties on Ormsby St. Browse the list under "Other properties on Ormsby St" to compare beds, baths, and sale history.
What are the property facts for 502 Ormsby St?
502 Ormsby St is a 4 bed, 2 bath, 1,765 sqft, 3,920 sqft lot multi_family.
Is 502 Ormsby St a flip candidate?
No — 502 Ormsby St does not appear in our flips dataset.
Is 502 Ormsby St a tax-appeal candidate?
No — 502 Ormsby St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$254.6K
2026 Q4
$260.2K
ZIP 49221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ormsby St