NOT LISTED FOR SALE

1040 Bowerman Dr Adrian, MI 49221

Estimated Value: $339,000 - $351,000

8 Beds
4 Baths
2,500 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $314,000 $126 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,146/month

Highlights

  • Cul-De-Sac
  • Porch
  • Forced Air Heating System

About This Home

As of March 2023

Single Party Sale

Last Agent to Sell the Property

Zackery Bock

Front Street Realty License #LCAR-6502379630 Listed on: 03/31/2023

Last Buyer's Agent

Zackery Bock

Front Street Realty License #LCAR-6502379630 Listed on: 03/31/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 120x150
  • Cul-De-Sac

Parking

  • 3 Car Parking Spaces

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Community Sewer or Septic

Additional Features

  • Block Basement Construction
  • Porch

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number AD0-124-2975-00

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,168

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Investment
  • Type Of Property: Multi-Family
  • Structure Style: Bi-Level
  • Year Built: 1965
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Block
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2500

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 120
  • Foundation Type: Slab
  • Roads: City/County, Gravel, Private No Association

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Community

Lot Info

  • Assessor Parcel Number: AD0-124-2975-00
  • Location: Cul-De-Sac
  • Lot Dimensions: 120x150
  • Acreage: 0.43
  • Lot Description: Unpaved
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Less Than 1 Year

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,217.00
  • Winter Tax: Year: 2022, Amount: $2,950.80
  • Taxable Value: 81600
  • Total Tax: Year: 2022, Amount: $5,167.80
  • SEV Year: 2023

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2004
Bought by
White Nathan J
Current Estimated Value
$344,333
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
White Nathan J $195,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Jaquelyn M $98,000
Closed Craig John $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $314,000 0.0% $126 / Sq Ft
03/31/2023 03/31/23 For Sale $314,000 +269.4% $126 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
05/19/2016 05/19/16 Sold $85,000 -- --
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
2024 $2,560 $95,300 $0 $0
2023 $5,082 $85,000 $0 $0
2022 $2,097 $81,600 $0 $0
2021 $3,587 $76,800 $0 $0
2020 $3,569 $75,800 $0 $0
2019 $221,800 $73,600 $0 $0
2018 $3,498 $73,581 $0 $0
2017 $3,479 $74,022 $0 $0
2016 $3,483 $73,968 $0 $0
2014 -- $74,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50104821

Michigan Multiple Listing Service

APN: AD0-124-2975-00