NOT LISTED FOR SALE

131 N Locust St Adrian, MI 49221

Estimated Value: $92,000 - $102,000

4 Beds
1 Bath
1,236 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $99,900 $81 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $688/month

70 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Ceiling height of 9 feet or more
  • Main Floor Bedroom
  • Eat-In Kitchen
  • 4-minute walk to Monument Park

About This Home

As of March 2024

ATTENTION INVESTORS! Whether this is your first income property or adding to your inventory, bring an offer. There is still time to close on this possible single family rental and have your first tenant by January 1st. Features 4 bedrooms and is move in ready with new flooring throughout the first floor. Natural light streaming through large windows and beautiful original woodwork add charm throughout this home. Main floor bedroom along with three bedrooms upstairs. Smaller bedroom has an additional room attached for extra storage or even a fun play area. New roof and newer windows. Full basement. Back yard needs a little love but is a nice size and fenced in. Shared driveway approach. Schedule your showing today!

Last Agent to Sell the Property

Susan Bunch

Goedert Real Estate - Adr License #LCAR-6501298179 Listed on: 10/05/2023

Last Buyer's Agent

Amber Berger

The Berger Group License #lcar-6505432789

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 295 x 56

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Basement
  • Block Basement Construction
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number XA0-210-5005-00

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3018.18
  • Total Tax Year: 2023
  • Year Built: 1920
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Hardwood Floors
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 4: Dimensions: 7 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 13 x 12
  • Kitchen: On 1st Floor, Dimensions: 11 x 13
  • Living Room: On 1st Floor, Dimensions: 13 x 12
  • Below Grade Sq Ft: 728
  • Above Grade Finished Sq Ft: 1236
  • Total Finished Sq Ft: 1236

Exterior Features

  • Foundation: Basement
  • Frontage: 295
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: XA0-210-5005-00
  • Lot Dimensions: 295 x 56
  • Acreage: 0.39
  • Geo Subdivision: MI
  • Site/Lot Features: Sidewalks

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,590.75
  • Winter Tax: Year: 2022, Amount: $427.43
  • Taxable Value: 28300
  • Total Tax: Year: 2023, Amount: $3,018.18
  • SEV Year: 2023

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 8, 2020
Sold by
Mmb Llc
Bought by
Tk Property Solutions Llc
Seller's Agent
David Corder
Howard Hanna Real Estate Services-Tecumseh
Buyer's Agent
Shirley Smith
Howard Hanna Real Estate Services-Adrian
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Current Estimated Value
$97,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,039
Avg. Annual Appreciation
35.92%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Lenawee County Of
Bought by
Mmb Llc
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
Tk Property Solutions Llc $20,000 None Available
Mmb Llc $1,854 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villarreal Timmy $36,643
Previous Owner Villarreal Timmy $11,456
Previous Owner Villarreal Stacey $6,970
Previous Owner Villarreal Iim $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $99,900 0.0% $81 / Sq Ft
11/19/2023 11/19/23 Price Changed $99,900 -9.1% $81 / Sq Ft
10/26/2023 10/26/23 Price Changed $109,900 0.0% $89 / Sq Ft
10/26/2023 10/26/23 For Sale $109,900 +10.0% $89 / Sq Ft
10/20/2023 10/20/23 Off Market $99,900 -- --
10/05/2023 10/05/23 For Sale $119,000 +495.0% $96 / Sq Ft
01/04/2022 01/04/22 Sold $20,000 -16.7% $16 / Sq Ft
11/10/2021 11/10/21 Price Changed $24,000 -20.0% $19 / Sq Ft
10/08/2021 10/08/21 For Sale $30,000 +50.0% $24 / Sq Ft
07/10/2020 07/10/20 Sold $20,000 -19.7% $16 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $24,900 -- $20 / 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 $1,919 $39,300 $0 $0
2024 $1,280 $31,300 $0 $0
2023 $2,919 $28,300 $0 $0
2022 $1,544 $25,600 $0 $0
2021 $1,583 $22,300 $0 $0
2020 $1,899 $21,000 $0 $0
2019 $942 $18,900 $0 $0
2018 $1,578 $22,772 $0 $0
2017 $1,513 $17,122 $0 $0
2016 $0 $9,537 $0 $0
2014 -- $20,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Bunch

    Seller's Agent in 2024

    Susan Bunch

    Goedert Real Estate - Adr

    (517) 215-9479

    2 in this area

    14 Total Sales

    Susan Bunch
    Section Image
  • Amber Berger

    Buyer's Agent in 2024

    Amber Berger

    The Berger Group

    (517) 442-4352

    81 in this area

    250 Total Sales

    Amber Berger
    Section Image
  • Shirley Smith

    Seller's Agent in 2022

    Shirley Smith

    Howard Hanna Real Estate Services-Adrian

    (517) 605-7050

    29 in this area

    83 Total Sales

    Shirley Smith
    Section Image
  • David Corder

    Seller's Agent in 2020

    David Corder

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-9710

    58 in this area

    246 Total Sales

    David Corder
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50124169

Michigan Multiple Listing Service

APN: XA0-210-5005-00

Michigan Lenawee County Adrian 49221

131 N Locust St, Adrian, MI

This home is located at 131 N Locust St, Adrian, MI 49221 since 05 October 2023 and is currently estimated at $97,039, approximately $78 per square foot. This property was built in 1920. 131 N Locust St is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and St. Joseph Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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