NOT LISTED FOR SALE

1362 University Ave Adrian, MI 49221

Estimated Value: $156,000 - $190,000

4 Beds
1 Bath
1,365 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $125,000 $92 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,259/month

Highlights

  • Chalet
  • Wood Flooring
  • Workshop
  • Deck
  • Main Floor Bedroom
  • Fenced Yard

About This Home

As of October 2021

ENJOY THIS QUIET NEIGHBORHOOD CLOSE TO ADRIAN COLLEGE. THIS WONDERFUL HOME FEATURES HARDWOOED FLOORS THROUGH OUT. IT ALSO FEATURES 3-4 BEDROOMS AND 1.5 BATHS. THE LARGE LIVING ROOM 20 X 11 IS GREAT FOR ENTERTAINING. THE KITCHEN LEAD TO A LARGE BACK DECK 16 X 10, WHERE YOU CAN RELAX AFTER A LONG DAYS WORK. THE FULL BASEMENT IS PARTIALLY FINISHED WITH INSULATION & DRYWALL AND COULD MAKE A GREAT RECREATION AREA. THE DETACHED GARAGE IS SPACIOUS AT 12 X 20 AND CAN BE A GREAT WORKSHOP AREA FOR THE HOBBIEST (ORIGINAL DOOR WAS CLOSED OFF TO MAKE A STUDIO AREA, BUT COULD BE OPENED BACK UP). THE DRIVEWAY IS LONG AND CAN EASILY HOLD 3 CARS. THE YARD IS FENCED IN WITH NUMEROUS SHADE TREES. MAIN FLOOR BEDROOM OR FORMAL DINING ROOM. THIS WOULD MAKE A WONDERFUL HOME FOR YOUR FAMILY. ENJOY THE AC ON HOT SUMMER DAYS!!!!

Last Agent to Sell the Property

Amy-Tony Simpkins

Goedert Real Estate - Adr License #LCAR-6501238153 Listed on: 08/03/2021

Last Buyer's Agent

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Chalet
  • Traditional Architecture
  • Wood Siding
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Workshop
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • College Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-475-0013-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional, Chalet
  • Structure Style: 2 Story
  • Total Tax Amount: 2183.88
  • Total Tax Year: 2021
  • Year Built: 1941
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Walk-In Closet, Window Treatment(s)
  • Appliances: Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 12 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 9
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 11
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 8
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 6, On Level: Second, Flooring: Linoleum
  • Room Types: First Floor Bedroom, First Floor Laundry, Living Room, Lower Level Laundry, Unfinished Room, Utility/Laundry Room, Workshop, Primary Bathroom
  • Dining Room: On Main Floor, Dimensions: 12 x 9
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 13 x 8
  • Kitchen Floor Covering: Linoleum
  • Laundry: In Basement, Dimensions: 10 x 6
  • Living Room: On Main Floor, Dimensions: 20 x 11
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 525
  • Finished Below Grade Sq Ft: 250
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1115
  • Total Finished Sq Ft: 1365

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim, Wood
  • Exterior Features: Deck, Fenced Yard, Patio, Porch, Sidewalks, Storms/Screens, Street Lights
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County, Curbed, Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: None
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: XA0-475-0013-00
  • Zoning: Residential
  • Lot Description: Large Lot - 65+ Ft., Treed
  • Lot Dimensions: 50 X 120
  • Site Condo: Yes
  • Acreage: 0.18
  • Geo Subdivision: MI
  • Site/Lot Features: City Limits, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,622.59
  • Winter Tax: Year: 2020, Amount: $561.29
  • Total Tax: Year: 2021, Amount: $2,183.88
  • SEV Year: 2021

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 28, 2021
Sold by
Adkins Larry S and Adkins Bethany A
Bought by
Liebrecht Stephen J
Seller's Agent
Amy-Tony Simpkins
Goedert Real Estate - Adr
Buyer's Agent
Joseph Wagley
The Wagley Group
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$169,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,509
Avg. Annual Appreciation
8.06%
Original Mortgage
$93,750
Outstanding Balance
$79,860
Interest Rate
3.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$89,649

Purchase Details

Closed on
Feb 25, 2005
Sold by
Graham Michael A and Graham Elizabeth M
Bought by
Adkins Larry S and Adkins Bethany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Liebrecht Stephen J $125,000 None Available
Adkins Larry S $108,000 Legacy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liebrecht Stephen J $93,750
Previous Owner Adkins Larry S $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $125,000 -10.7% $92 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $139,900 -6.7% $102 / Sq Ft
08/03/2021 08/03/21 For Sale $149,900 -- $110 / 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 $4,330 $61,800 $0 $0
2024 $2,654 $57,800 $0 $0
2023 $3,377 $53,800 $0 $0
2022 $2,764 $49,700 $0 $0
2021 $2,185 $45,300 $0 $0
2020 $2,171 $42,300 $0 $0
2019 $92,971 $39,000 $0 $0
2018 $2,035 $43,219 $0 $0
2017 $2,009 $34,735 $0 $0
2016 $1,825 $34,430 $0 $0
2014 -- $31,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy-Tony Simpkins

    Seller's Agent in 2021

    Amy-Tony Simpkins

    Goedert Real Estate - Adr

    (517) 270-2016

    26 in this area

    130 Total Sales

    Amy-Tony Simpkins
    Section Image
  • Joseph Wagley

    Buyer's Agent in 2021

    Joseph Wagley

    The Wagley Group

    (517) 403-6767

    92 in this area

    184 Total Sales

    Joseph Wagley
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50050510

Michigan Multiple Listing Service

APN: XA0-475-0013-00

Michigan Lenawee County Adrian 49221

1362 University Ave, Adrian, MI

This home is located at 1362 University Ave, Adrian, MI 49221 since 03 August 2021 and is currently estimated at $169,509, approximately $124 per square foot. This property was built in 1941. 1362 University Ave is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and Lenawee Christian School.

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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