NOT LISTED FOR SALE

162 Melrose Ave Adrian, MI 49221

Estimated Value: $261,000 - $278,761

3 Beds
2 Baths
2,151 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $250,000 $116 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,864/month

3 Days on Market

Highlights

  • Second Garage
  • Bonus Room
  • Workshop
  • Ranch Style House
  • Great Room with Fireplace
  • Formal Dining Room

About This Home

As of July 2023

This 3 bedroom, 2 bath ranch offers the perfect combination of comfort and convenience. Through the front door, you'll be greeted by the spacious open concept and vaulted ceiling. The main living room boasts a stone fireplace and windows lining the perimeter - making for perfect backyard views and bright natural light. The basement is partially finished and could be used for a home office, workout room or rec area. Outside you'll find a massive covered porch, fenced yard, and additional outbuilding. Don't wait to book a showing, immediate occupancy available!

Last Agent to Sell the Property

Amber Berger

The Berger Group License #lcar-6505432789 Listed on: 06/10/2023

Last Buyer's Agent

Lorraine Morgan

Heart O' The Hills Realty License #LCAR-6501342563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x146
  • Cul-De-Sac
  • Street terminates at a dead end
  • Rural Setting
  • Fenced Yard

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Garage
  • Second Garage

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Meadowview Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-645-0010-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Attached, Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1950
  • Total Tax Year: 2022
  • Year Built: 1974
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Sump Pump
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 13 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 13 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Entry Level, Dimensions: 10 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 11 x 6, On Level: Entry
  • Bathroom 2: Dimensions: 8 x 5, On Level: Entry
  • Room Types: Family Room, Great Room, Unfinished Room, Workshop, Bonus Room, First Flr Full Bathroom, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On Entry Level, Dimensions: 12 x 12
  • Dining Room Floor Covering: Vinyl
  • Family Room: On Entry Level, Dimensions: 21 x 15
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 12 x 8
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 16 x 11
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1480
  • Finished Below Grade Sq Ft: 660
  • Above Grade Finished Sq Ft: 1491
  • Total Finished Sq Ft: 2151

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Fenced Yard, Patio, Porch, Street Lights, Fence Owned
  • Foundation: Basement
  • Frontage: 100
  • Road: City/County
  • Out Buildings: Garage(s), Second Garage
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Parking: 3 or More Spaces, Garage, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric, Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: XA0-645-0010-00
  • Zoning: Residential
  • Lot Dimensions: 100x146
  • Acreage: 0.34
  • Geo Subdivision: MI
  • Site/Lot Features: Cul-De-Sac, Dead End, Rural, Subdivision, Platted

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,933.00
  • Winter Tax: Year: 2022, Amount: $417.00
  • Taxable Value: 57626
  • Total Tax: Year: 2022, Amount: $1,950.00
  • SEV Year: 2023

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 21, 2014
Sold by
Austin Keith G and Austin Marilyn S
Bought by
Terdoest Timothy
Seller's Agent
Lynn Pifer
Linda Rudd & Associates, Inc.
Buyer's Agent
Jeff Rising
Cornerstone Real Estate
List Price
$139,000
Sold Price
$123,000
Premium/Discount to List
-$16,000
-11.51%
Current Estimated Value
$269,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,254
Avg. Annual Appreciation
7.41%
Original Mortgage
$131,632
Outstanding Balance
$101,026
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$168,228
Source: Public Records

Range of Values:

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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
Terdoest Timothy $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terdoest Timothy $131,632
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $250,000 +6.4% $116 / Sq Ft
06/10/2023 06/10/23 For Sale $235,000 +91.1% $109 / Sq Ft
10/22/2014 10/22/14 Sold $123,000 -11.5% $59 / Sq Ft View Prior Sale
09/23/2014 09/23/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $139,000 -- $66 / 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 $5,173 $92,400 $0 $0
2024 $3,294 $87,400 $0 $0
2023 $2,681 $79,800 $0 $0
2022 $2,346 $75,000 $0 $0
2021 $2,303 $69,200 $0 $0
2020 $2,295 $60,700 $0 $0
2019 $148,143 $59,300 $0 $0
2018 $2,219 $65,923 $0 $0
2017 $2,148 $57,425 $0 $0
2016 $2,164 $50,806 $0 $0
2014 -- $49,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Berger

    Seller's Agent in 2023

    Amber Berger

    The Berger Group

    (517) 442-4352

    79 in this area

    248 Total Sales

    Amber Berger
    Section Image
  • Lorraine Morgan

    Buyer's Agent in 2023

    Lorraine Morgan

    Heart O' The Hills Realty

    (517) 403-9013

    36 in this area

    129 Total Sales

    Lorraine Morgan
    Section Image

  • L

    Seller's Agent in 2014

    Lynn Pifer

    Linda Rudd & Associates, Inc.

    Section Image

  • J

    Buyer's Agent in 2014

    Jeff Rising

    Cornerstone Real Estate

    Section Image
  • Kasey White

    Buyer Co-Listing Agent in 2014

    Kasey White

    Foundation Realty, LLC

    (517) 215-4943

    161 in this area

    306 Total Sales

    Kasey White
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50111835

Michigan Multiple Listing Service

APN: XA0-645-0010-00

Michigan Lenawee County Adrian 49221

162 Melrose Ave, Adrian, MI

This home is located at 162 Melrose Ave, Adrian, MI 49221 since 10 June 2023 and is currently estimated at $269,254, approximately $125 per square foot. This property was built in 1974. 162 Melrose Ave is a home located in Lenawee County with nearby schools including Adrian High School, Lenawee Christian School, and Berean Baptist Academy.

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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