NOT LISTED FOR SALE

1227 Sherman St Unit SHERMAN Adrian, MI 49221

Estimated Value: $144,000 - $178,000

3 Beds
1 Bath
1,175 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $35,500 $30 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $1,088/month

69 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Shed
  • Wood Flooring
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of January 2013

4 BEDROOM CAPE COD HOME WITH A FENCED IN REAR YARD. HOME HAS A CUTE KITCHEN WITH WOOD FLOORING, MAIN FLOOR LAUNDRY ROOM AND A SHED FOR ADDED STORAGE SPACE.

Last Agent to Sell the Property

Mark Goedert

Goedert Real Estate - Adr License #LCAR-6502127023 & 6502127024 Listed on: 09/26/2012

Last Buyer's Agent

Kristen Isom

Heart O' The Hills Realty License #LCAR-6501273942

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x141
  • Fenced Yard

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,175 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number XA0335002000

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1724
  • Total Tax Year: 2013
  • Year Built: 1953
  • Mail City: Adrian
  • Unit Number Building Number: SHERMAN
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 15
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 15
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Laundry, First Flr Primary Bedroom
  • Kitchen: On 1st Floor, Dimensions: 10 x 9
  • Laundry: On 1st Floor
  • Living Room: On 1st Floor, Dimensions: 13 x 13
  • Above Grade Finished Sq Ft: 1175
  • Total Finished Sq Ft: 1175

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Foundation: Crawl
  • Frontage: 50
  • Road: Gravel
  • Out Buildings: Shed

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: XA0335002000
  • Zoning: Residential
  • Lot Dimensions: 50X141
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,229.00
  • Winter Tax: Amount: $495.00
  • Taxable Value: 30500
  • Total Tax: Year: 2013, Amount: $1,724.00
  • SEV Year: 2013

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2014
Sold by
Jarrett Richard F
Bought by
Jarrett Richard F and Jarrett Cheryl D
Current Estimated Value
$159,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Outstanding Balance
$22,465
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$134,244

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jan 25, 2013
Sold by
Fannie Mae
Bought by
Jarrett Richard F
Seller's Agent
Mark Goedert
Goedert Real Estate - Adr
Buyer's Agent
Kristen Isom
Heart O' The Hills Realty
List Price
$42,900
Sold Price
$35,500
Premium/Discount to List
-$7,400
-17.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$30,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2012
Sold by
Henning Robert D and Henning Cathy
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2012
Sold by
First Federal Bank
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2007
Sold by
Kruse Frederick H and Kruse Suzanne G
Bought by
Henning Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jarrett Richard F -- Hbi Title Services Inc
Jarrett Richard F -- None Available
Fannie Mae -- None Available
Fannie Mae -- None Available
Henning Robert D $84,500 Prestige Title Ins Agency Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarrett Richard F $29,000
Closed Jarrett Richard F $30,000
Previous Owner Henning Robert D $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $35,500 -17.2% $30 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $42,900 -- $37 / 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 $2,898 $53,900 $0 $0
2024 $1,809 $50,800 $0 $0
2023 $2,279 $47,200 $0 $0
2022 $3,809 $44,500 $0 $0
2021 $1,923 $41,100 $0 $0
2020 $1,911 $37,700 $0 $0
2019 $87,178 $36,000 $0 $0
2018 $1,843 $42,008 $0 $0
2017 $1,790 $33,459 $0 $0
2016 $1,776 $32,845 $0 $0
2014 -- $29,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20101551

Michigan Multiple Listing Service

APN: XA0-335-0020-00