NOT LISTED FOR SALE

2088 W Cadmus Rd Adrian, MI 49221

Estimated Value: $195,889 - $250,000

3 Beds
1 Bath
1,556 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $195,000 $125 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,422/month

Highlights

  • Deck
  • Fenced Yard
  • 2 Car Attached Garage
  • Ranch Style House
  • Porch
  • Patio

About This Home

As of August 2020

LAKE MADISON LAKEFRONT HOME! Unique opportunity to own your very own lakefront home on desirable private all sports lake, Lake Madison! Be lakefront while right down the road from being in town. The home has only had one owner and has been impeccably maintained. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Chris Coscarelli

Foundation Realty, LLC - Manitou Beach License #LCAR-6501388855 Listed on: 06/21/2020

Last Buyer's Agent

Chris Coscarelli

Foundation Realty, LLC - Manitou Beach License #LCAR-6501388855 Listed on: 06/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70 x 150
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Elmwood 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number MD0-540-0310-00 & MD0-690-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1955

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
  • Total Tax Amount: 1390
  • Total Tax Year: 2019
  • Year Built: 1955
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Water Softener - Owned
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Dining Room: On 1st Floor, Dimensions: 12 x 12
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Living Room: On 1st Floor, Dimensions: 12 x 18
  • Below Grade Sq Ft: 1056
  • Finished Below Grade Sq Ft: 500
  • Above Grade Finished Sq Ft: 1056
  • Total Finished Sq Ft: 1556

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Patio, Porch
  • Foundation: Basement
  • Frontage: 70
  • Lake Name: Lake Madison
  • Water Features: All Sports Lake
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: MD0-540-0310-00 & MD0-690-0180
  • Zoning: Residential
  • Lot Dimensions: 70 x 150
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $798.00
  • Winter Tax: Year: 2019, Amount: $592.00
  • Taxable Value: 43595
  • Total Tax: Year: 2019, Amount: $1,390.00
  • SEV Year: 2020

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Aug 10, 2020
Sold by
Joyce I Oliver T
Bought by
Borton Seth and Borton Lyndrea
Seller's Agent
Chris Coscarelli
Foundation Realty, LLC - Manitou Beach
Buyer's Agent
Chris Coscarelli
Foundation Realty, LLC - Manitou Beach
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$219,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,963
Avg. Annual Appreciation
2.37%
Original Mortgage
$156,000
Outstanding Balance
$138,383
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,580

Purchase Details

Closed on
Oct 13, 2003
Bought by
Oliver, Joyce I, Trust
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
Borton Seth $195,000 None Available
Oliver, Joyce I, Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borton Seth $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $195,000 -2.5% $125 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $199,900 -- $128 / 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 $3,016 $82,800 $0 $0
2024 $1,655 $75,000 $0 $0
2023 $1,585 $64,700 $0 $0
2022 $1,484 $56,300 $0 $0
2021 $2,709 $54,100 $0 $0
2020 $1,408 $55,200 $0 $0
2019 $121,915 $47,200 $0 $0
2018 $1,366 $47,202 $0 $0
2017 $1,317 $46,822 $0 $0
2016 $1,266 $44,216 $0 $0
2014 -- $39,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50015031

Michigan Multiple Listing Service

APN: MD0-540-0310-00