NOT LISTED FOR SALE

1362 University Ave Adrian, MI 49221

Estimated Value: $161,000 - $176,000

4 Beds
1 Bath
1,365 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 28, 2021

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

Est. 35% increase in value since last sale

Current estimated payment $1,249/month

52 Days on Market

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

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
$168,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,147
Avg. Annual Appreciation
7.56%
Original Mortgage
$93,750
Outstanding Balance
$79,860
Interest Rate
3.01%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$88,287

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
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

    25 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

    88 in this area

    174 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

Not Listed for Sale

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