Seller's Agent in 2020
Teri Hoeft
Xsell Realty
(517) 403-4033
4 in this area
21 Total Sales
2242 Stone Cove Point Adrian, MI 49221
Estimated Value: $1,161,798 - $1,241,000
3
Beds
3
Baths
6,332
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Boat Facilities
- Access To Lake
- 2.95 Acre Lot
- Pier or Dock
- Waterfront
- Island Location
About This Home
As of July 2020This unique “lighthouse” home is located on the private, all-sports Madison Lake, in Adrian, Michigan. Adjacent to the Lenawee County airport, the home has over 400 feet of lake frontage on a private, dead-end road. Close to Adrian College, and only a short drive to Michigan International Speedway, University of Michigan, or Michigan State University, the 4 story home includes an elevator, 3 bedrooms 5 baths, and is anchored by a curved wooden staircase with illuminated stained-glass details. The 3rd floor “Captain’s Room” offers amazing views in every direction. Looking through the glass inset in the floor, you’ll see the 3-tiered dolphin fountain located at the ground level! The Master Suite includes a double-sided fireplace into the En-Suite, with a jacuzzi tub, walk-in marble shower, his/her closets, and heated floors. Home has 3 kitchens, a heated, 3+ car garage, plus an additional 19 paved parking spaces. Spend time on the deck or patio watching the sunset. Welcome Home!
Last Agent to Sell the Property
Xsell Realty License #LCAR-6501418368 Listed on: 03/02/2020
Last Buyer's Agent
Out Of County Sold
Out of County Area License #LCAR-4048
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 2004
Lot Details
- 2.95 Acre Lot
- Lot Dimensions are 296x478
- Waterfront
- Street terminates at a dead end
- Sprinkler System
HOA Fees
- $42 Monthly HOA Fees
Interior Spaces
- Elevator
- Bar Fridge
- Gas Fireplace
- Bay Window
- Great Room with Fireplace
- Family Room
- Living Room
- Recreation Room
- Bonus Room
- Sun or Florida Room
- Home Gym
- Finished Basement
- Walk-Out Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire Sprinkler System
Parking
- 3 Car Attached Garage
- Heated Garage
- Workshop in Garage
- Garage Door Opener
Outdoor Features
- Access To Lake
- Boat Facilities
- Pond
- Balcony
- Deck
- Patio
Location
- Island Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Water Softener is Owned
- Septic Tank
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number MD0-116-4150-00
Community Details
Recreation
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2020
Closed on
Jun 30, 2020
Sold by
Michael L Anderson T
Bought by
Underwood Mark C
Seller's Agent
Teri Hoeft
Xsell Realty
Buyer's Agent
Out Of County Sold
Out of County Area
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,399
Avg. Annual Appreciation
5.67%
Original Mortgage
$510,400
Outstanding Balance
$453,429
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$747,970
Purchase Details
Closed on
Dec 2, 2011
Sold by
Anderson Michael L
Bought by
Anderson Michael L and Michael L Anderson Trust
Purchase Details
Closed on
Aug 28, 1998
Bought by
Anderson, Michael L, Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Underwood Mark C | $900,000 | None Available | |
| Anderson Michael L | -- | Prestige Title Insurance Age | |
| Anderson Michael L | -- | Prestige Title Insurance Age | |
| Anderson, Michael L, Trust | $129,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Underwood Mark C | $510,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $900,000 | -24.7% | $142 / Sq Ft |
| 06/05/2020 06/05/20 | Pending | -- | -- | -- |
| 03/26/2020 03/26/20 | Price Changed | $1,195,000 | -4.4% | $189 / Sq Ft |
| 03/02/2020 03/02/20 | For Sale | $1,250,000 | -- | $197 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $16,547 | $634,300 | $0 | $0 |
| 2024 | $9,558 | $558,800 | $0 | $0 |
| 2022 | $15,393 | $492,700 | $0 | $0 |
| 2021 | $15,392 | $482,700 | $0 | $0 |
| 2020 | $21,199 | $456,800 | $0 | $0 |
| 2019 | $1,081,434 | $401,000 | $0 | $0 |
| 2018 | $12,105 | $401,028 | $0 | $0 |
| 2017 | $11,672 | $383,691 | $0 | $0 |
| 2016 | $11,223 | $359,384 | $0 | $0 |
| 2014 | -- | $367,305 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Teri Hoeft
-
O
Buyer's Agent in 2020
Out Of County Sold
Out of County Area
Map
Source: Michigan Multiple Listing Service
MLS Number: 50007010
APN: MD0-116-4150-00
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.
Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Nearby Homes
- 1902 W Cadmus Rd
- 3031 Planeview Dr
- 2682 Elmwood Dr
- 302 Lakewood Dr
- 3224 Sand Creek Hwy
- 802 Lakewood Dr
- 1692 Rivers Edge Ct
- 1240 W Carleton Rd
- 1639 Rivers Edge Ct
- 3079 Hillview Dr
- 2018 Green Acres Dr
- 2029 Green Acres Dr
- 2023 Green Acres Dr
- 2027 Green Acres Dr
- 2015 Green Acres Dr
- 5000 BLK S Adrian Hwy
- 2012 Green Acres Dr
- 2010 Green Acres Dr
- 2008 Green Acres Dr
- 301 Ohio River Dr Unit LOT 52
- 2206 Stone Cove Point
- 2206 W Carleton Rd
- 2000 W Carleton Rd Unit BLK
- 2000 W Carleton Rd Unit BLK
- 2000 W Carleton Rd Unit BLK
- 2000 W Carleton Rd Unit BLK
- 2000 W Carleton Rd
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd Unit BLK
- 2000 E Carleton Rd
- 2000 W Cadmus Rd Unit BLK