NOT LISTED FOR SALE

1338 Terrace Ave Adrian, MI 49221

Estimated Value: $182,000 - $214,000

4 Beds
1 Bath
1,110 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2025

Last sale price $195,000 $176 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,252 / mo

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

8,276 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
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
$197,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,891
Avg. Annual Appreciation
7.28%
Original Mortgage
$114,750
Outstanding Balance
$102,344
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$95,547
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $114,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,210 $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

  • Adam Keller

    Seller's Agent in 2025

    Adam Keller

    Foundation Realty, LLC

    (419) 343-0249

    32 in this area

    110 Total Sales

    Adam Keller
    Section Image

  • A

    Buyer's Agent in 2025

    Amy Shaw

    Goedert Real Estate - Adr

    (517) 610-2896

    11 in this area

    72 Total Sales

    Amy Shaw
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50178710

Michigan Multiple Listing Service

APN: XA0-475-0037-00

Michigan Lenawee County Adrian 49221

1338 Terrace Ave, Adrian, MI

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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.