$195,000
SOLD JUL 28, 2025

1338 Terrace Ave Adrian, MI 49221

4 Beds
1 Bath
1,110 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

3% Above List Price

9 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Shed
  • Wood Flooring
  • Patio
  • Forced Air Heating System

About This Home

As of July 2025

Discover your dream home in the heart of Adrian, just steps away from Adrian College. This beautiful 4-bedroom, main floor laundry residence boasts over 1,100 square feet of living space, featuring an updated full bathroom and a layout perfect for families or entertaining. Set on nearly a quarter acre, the property includes a convenient 2-car attached garage. Enjoy the fresh ambiance created by newer painted interiors, complemented by stylish light fixtures, and updated appliances, making this home move-in ready and waiting for you to make it your own.

Last Agent to Sell the Property

Adam Keller

Foundation Realty, LLC License #lcar Listed on: 06/17/2025

Last Buyer's Agent

Amy Shaw

Goedert Real Estate - Adr License #LCAR-6501294019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 107x85

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,110 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement
  • Michigan Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number XA0-475-0037-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,551

Year Built

Built in 1950

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: 2550.76
  • Total Tax Year: 2024
  • Year Built: 1950
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 13 x 10
  • Bedroom 2: On Main Floor, Dimensions: 11 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 17 x 12
  • Bedroom 4: On Upper Floor, Dimensions: 13 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 5, On Level: Main
  • Dining Room: On Main Floor, Dimensions: 12 x 11
  • Kitchen: On Main Floor, Dimensions: 10 x 8
  • Laundry: On Main Floor
  • Living Room: On Main Floor, Dimensions: 15 x 12
  • Below Grade Sq Ft: 888
  • Above Grade Finished Sq Ft: 1110
  • Total Finished Sq Ft: 1110

Exterior Features

  • Exterior: Cinder Block
  • Exterior Features: Patio, Sidewalks, Street Lights
  • Foundation: Basement
  • Frontage: 107
  • Road: City/County, Paved Street
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: 3 or More Spaces, Garage, On Street
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-475-0037-00
  • Zoning: Residential
  • Lot Dimensions: 107x85
  • Acreage: 0.19
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,155.29
  • Winter Tax: Year: 2024, Amount: $395.47
  • Total Tax: Year: 2024, Amount: $2,550.76

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 22, 2020
Sold by
Castleberry Roger B and Castleberry Kelly A
Bought by
Mier Phebie
Seller's Agent
Adam Keller
Foundation Realty, LLC
Buyer's Agent
Adam Keller
Foundation Realty, LLC
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$196,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,187
Avg. Annual Appreciation
7.70%
Original Mortgage
$114,750
Outstanding Balance
$102,344
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$93,843
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2025 07/28/25 Sold $195,000 +2.6% $176 / Sq Ft
06/20/2025 06/20/25 For Sale $190,000 +40.7% $171 / Sq Ft
12/22/2020 12/22/20 Sold $135,000 0.0% $122 / Sq Ft View Prior Sale
12/09/2020 12/09/20 For Sale $135,000 -- $122 / 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 $2,551 $65,500 $0 $0
2024 $22 $61,400 $0 $0
2023 $2,450 $57,100 $0 $0
2022 $2,124 $52,700 $0 $0
2021 $2,085 $48,100 $0 $0
2020 $1,501 $45,800 $0 $0
2019 $95,496 $42,400 $0 $0
2018 $1,451 $46,230 $0 $0
2017 $1,405 $35,902 $0 $0
2016 $1,467 $34,129 $0 $0
2014 -- $31,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50178710

Michigan Multiple Listing Service

APN: XA0-475-0037-00