NOT LISTED FOR SALE

1616 E Gorman Rd Adrian, MI 49221

Estimated Value: $185,000 - $197,015

4 Beds
2 Baths
1,376 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $190,630 $139 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,144/month

2 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 2 Car Detached Garage
  • Water Softener is Owned

About This Home

As of December 2024

Discover this charming ranch-style home set on 1 acre of land, located south of Adrian on a quiet rural road. This updated residence features 4 bedrooms (including a versatile smaller bedroom ideal for an office) and 2 full baths. The spacious eat-in kitchen features brand-new cabinetry and a new refrigerator. Head towards the back of the house to find the primary ensuite with a full bath and walk-in closet. Recent updates include brand-new linoleum flooring and carpet, central A/C, vinyl siding, roof, furnace, and plumbing. With abundant natural light and an unfinished basement offering extra storage or future potential, this home combines comfort and functionality in a tranquil setting.

Last Listed By

Michael Kobreek

Goedert Real Estate - Adr License #LCAR-6501453044 Listed on: 10/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 209 x 208

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • Ceiling Fan
  • Linoleum Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number MD0-135-2580-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,444

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1957
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Water Softener - Owned
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Interior Access, Sump Pump, Unfinished
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 8 x 6
  • Bedroom 2: On Main Floor, Dimensions: 11 x 8
  • Bedroom 3: On Main Floor, Dimensions: 11 x 11
  • Bedroom 4: On Main Floor, Dimensions: 15 x 16
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Kitchen: On Main Floor, Dimensions: 14 x 8
  • Kitchen Floor Covering: Linoleum
  • Laundry: On Main Floor
  • Living Room: On Main Floor, Dimensions: 17 x 13
  • Living Room Floor Covering: Linoleum
  • Below Grade Sq Ft: 976
  • Above Grade Finished Sq Ft: 1376
  • Total Finished Sq Ft: 1376

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement, Slab
  • Frontage: 209
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: MD0-135-2580-00
  • Lot Dimensions: 209 x 208
  • Acreage: 1.01
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $898.83
  • Winter Tax: Year: 2023, Amount: $2,544.77
  • Taxable Value: 78065
  • Total Tax: Amount: $3,443.60
  • SEV Year: 2024

MLS Schools

  • School District: Madison School District (Lenawee)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 16, 2019
Sold by
Porter Joel M
Bought by
Lochonic Brion
Seller's Agent
Chris Coscarelli
Foundation Realty, LLC - Manitou Beach
Buyer's Agent
Kasey White
Howard Hanna Real Estate Services-Adrian
List Price
$124,900
Sold Price
$132,000
Premium/Discount to List
$7,100
5.68%
Total Days on Market
2
Current Estimated Value
$192,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,004
Avg. Annual Appreciation
6.14%
Original Mortgage
$118,800
Outstanding Balance
$105,897
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$85,887

Purchase Details

Closed on
Oct 15, 2001
Bought by
Porter Joel M

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
Lochonic Brion $132,000 Prestige Title
Porter Joel M $90,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochonic Brion $118,800
Previous Owner Bracelman Cynthia L $20,875
Previous Owner Brackelman Keiven $129,299
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $190,630 -2.2% $139 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $194,900 +47.7% $142 / Sq Ft
01/23/2019 01/23/19 Sold $132,000 +5.7% $88 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $124,900 -- $83 / 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
2024 $899 $89,600 $0 $0
2022 $789 $75,800 $0 $0
2021 $3,130 $72,300 $0 $0
2020 $3,088 $67,600 $0 $0
2019 $134,468 $50,100 $0 $0
2018 $1,408 $50,068 $0 $0
2017 $1,370 $47,855 $0 $0
2016 $1,311 $44,910 $0 $0
2014 -- $45,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Michigan Multiple Listing Service

MLS Number: 50159768

Michigan Multiple Listing Service

APN: MD0-135-2580-00