$85,000
SOLD AUG 27, 2020

1007 Lowe Ave Adrian, MI 49221

2 Beds
1 Bath
1,536 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

2% Below List Price

Highlights

  • Deck
  • 1-Story Property
  • Ceiling Fan
  • Bungalow
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2020

Ready for you to Move In! This 2 Bedroom home has a fresh look with new paint, flooring and exterior doors including a quality slider from dining area. Check out the vinyl plank flooring in the kitchen and dining area. The living room is massive and the bedrooms have large closets. The only thing left to do is for you to bring your belongings.

Last Agent to Sell the Property

Mike Ahleman

Howard Hanna Real Estate Services-Adrian License #LCAR-6506048448 Listed on: 03/04/2020

Howard Hanna Real Estate Services-Adrian

Last Buyer's Agent

Andrew Roddy

Xsell Realty License #LCAR-6501392026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60x160

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number XA0 610 0108 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 2051.3
  • Total Tax Year: 2019
  • Year Built: 1950
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 16
  • Bedroom 2 Floor Covering: Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 16 x 8, On Level: First
  • Room Types: Entry
  • Dining Room: On 1st Floor, Dimensions: 11 x 12
  • Kitchen: On 1st Floor, Dimensions: 11 x 12
  • Living Room: On 1st Floor, Dimensions: 22 x 19
  • Living Room Floor Covering: Laminate
  • Other Room1: Dimensions: 7x7, On Level: First, Flooring: Other
  • Above Grade Finished Sq Ft: 1536
  • Total Finished Sq Ft: 1536

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Slab
  • Frontage: 60
  • Road: City/County

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: XA0 610 0108 00
  • Zoning: Residential
  • Lot Dimensions: 60x160
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,526.82
  • Winter Tax: Year: 2019, Amount: $524.48
  • Taxable Value: 29696
  • Total Tax: Year: 2019, Amount: $2,051.30
  • SEV Year: 2019

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Aug 27, 2020
Sold by
Wellman Benny O and Wellman Gloria D
Bought by
Ely Dustin T
Seller's Agent
Mike Ahleman
Howard Hanna Real Estate Services-Adrian
Buyer's Agent
Andrew Roddy
Xsell Realty
List Price
$87,000
Sold Price
$85,000
Premium/Discount to List
-$2,000
-2.3%
Current Estimated Value
$121,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,697
Avg. Annual Appreciation
7.38%
Original Mortgage
$83,460
Outstanding Balance
$74,233
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$47,464

Purchase Details

Closed on
Oct 1, 2019
Sold by
Union Home Mortgage Corp
Bought by
Otto and Wellman Benny

Purchase Details

Closed on
Apr 21, 2018
Sold by
Short Jessica
Bought by
17 Lowe Ave T

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 26, 2017
Sold by
Wetzel Kristen
Bought by
Short Jessica
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Kasey White
Foundation Realty, LLC
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$72,659
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2008
Sold by
Jackson Alphonso R
Bought by
Wetzel Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,228
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2006
Sold by
Chase Home Finance Llc Successor By Merg
Bought by
Secretary Of Hud Of Washington D C

Purchase Details

Closed on
Jan 19, 2006
Sold by
Mendizabal Manuel
Bought by
Chase Home Finance Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Available
Warranty Deed $50,000 --
Warranty Deed -- --
Warranty Deed $74,000 None Available
Deed $42,400 None Available
Warranty Deed -- None Available
Sheriffs Deed $78,811 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $83,460 FHA
Previous Owner $72,659 FHA
Previous Owner $42,750 New Conventional
Previous Owner $44,228 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $85,000 -2.3% $55 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $87,000 +2.4% $57 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
07/05/2020 07/05/20 Off Market $85,000 -- --
03/04/2020 03/04/20 For Sale $87,000 +17.6% $57 / Sq Ft
07/26/2017 07/26/17 Sold $74,000 -7.4% $48 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $79,900 -- $52 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,874 $42,200 $0 $0
2024 $2,088 $39,100 $0 $0
2023 $2,248 $36,100 $0 $0
2022 $1,417 $35,100 $0 $0
2021 $1,391 $32,100 $0 $0
2020 $1,640 $31,000 $0 $0
2019 $1,395 $30,900 $0 $0
2018 $1,366 $37,744 $0 $0
2017 $983 $29,071 $0 $0
2016 $975 $25,652 $0 $0
2014 -- $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50007284

Michigan Multiple Listing Service

APN: XA0-610-0108-00