Sold

$70,000

517 Mechanic St, Albion, MI 49224

3beds

1,424sqft

Single Family Residence

Built in 1918

0.3 Acres Lot

$73,300 Zestimate^®

$49/sqft

$1,432 Estimated rent

Home value

$73,300

$68,000 - $79,000

$1,432/mo

Zestimate^® history

Owner options

List your home for rent

$1,432/mo

Rent Zestimate^®

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$1,432/mo

Rent Zestimate^®

Refinance and save

$380/mo

Est. payment

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$380/mo

Est. payment

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What's special

Huge fenced in yardCorner lotSpacious layout

🏡 Investor Alert in Albion! Opportunity knocks with this 3-bedroom, 1-bath home ready for your finishing touch! Featuring a huge fenced in yard and a desirable corner lot. Whether you're an investor looking for your next flip or a homeowner eager to build equity, this property has great bones and major potential. Nestled in a quiet Albion neighborhood, this house is a blank canvas with endless possibilities. Bring your vision and restore the charm! ✔ Spacious layout ✔ Ideal for flipping or rental ✔ Priced to sell - don't miss out!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Dining room

Level: Main
Area: 180
Dimensions: 15.00 x 12.00

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,424
Total interior livable area: 1,424 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Stories: 2

Lot

Size: 0.3 Acres
Dimensions: 97 x 129 x 97 x 129

Details

Parcel number: 5100693500

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1918

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Albion

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $20,929
Annual tax amount: $1,009
Date on market: 8/13/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
8/29/2025	Sold	$70,000-12.4%$49/sqft
Source: MichRIC #25040902 Report a problem
8/17/2025	Pending sale	$79,900$56/sqft
Source: MichRIC #25040902 Report a problem
8/13/2025	Listed for sale	$79,900$56/sqft
Source: MichRIC #25040902 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,018 +11%	$45,200 +8.1%
2024	$918	$41,800 +19.4%
2023	--	$35,000 +14%
2022	--	$30,700 -3.8%
2021	--	$31,900 +10%
2020	--	$29,000 +45%
2018	--	$20,000 -17.7%
2017	--	$24,300 +40.5%
2016	--	$17,300 +0.6%
2015	--	$17,200 -23.2%
2014	--	$22,400 +33.3%
2013	--	$16,800 -54.8%
2011	--	$37,200 +23.4%
2010	--	$30,143 -2.7%
2009	--	$30,995 +0.4%
2008	--	$30,884 +12.3%
2006	--	$27,513 -0.8%
2005	--	$27,725 -5.3%
2004	--	$29,280 +9.7%
2003	--	$26,684