NOT LISTED FOR SALE

227 N Broad St Adrian, MI 49221

Estimated Value: $179,000 - $219,806

6 Beds
2 Baths
3,212 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $85,000 $26 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,446/month

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Living Room
  • Main Floor Bedroom
  • Porch
  • 4-minute walk to Adrian Parks & Recreation

About This Home

As of April 2020

Turn this historic home into the beauty it once was. Interior is mostly bare-bones, waiting for your vision and creative touch. Two new furnaces and a new central a/c unit recently installed. Located near downtown Adrian. Zoned R-O; make this home a one-of-a-kind Bed and Breakfast or your own private residence. Your possibilities are many; verify all zoning requirements prior to offering.

Last Agent to Sell the Property

Steven Chase

Foundation Realty, LLC License #LCAR-6501415760 Listed on: 11/01/2019

Last Buyer's Agent

Carl Poling

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502125608

Howard Hanna Real Estate Services-Tecumseh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65 x 181.60
  • Historic Home

Parking

  • 3 Car Parking Spaces

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Utilities

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

Community Details

  • Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-000-0117-00

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Historic
  • Type Of Property: Single Family
  • Architecture Style: Victorian
  • Structure Style: 2 Story
  • Total Tax Amount: 3678.16
  • Total Tax Year: 2018
  • Year Built: 1890
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 6
  • Bedroom 1: On Main Floor, Dimensions: 15 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 9
  • Bedroom 4: On 2nd Floor, Dimensions: 14 x 10
  • Bedroom 5: On 2nd Floor, Dimensions: 15 x 12
  • Bedroom 6: On 2nd Floor, Dimensions: 14 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 11 x 5, On Level: Main
  • Bathroom 2: Dimensions: 7 x 4, On Level: Second
  • Room Types: Family Room, First Floor Bedroom, First Flr Primary Bedroom, Living Room, Unfinished Room, Primary Bedroom
  • Dining Room: On Main Floor, Dimensions: 13 x 17
  • Dining Room Floor Covering: Wood
  • Family Room: On Main Floor, Dimensions: 17 x 13
  • Family Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 11 x 12
  • Living Room: On Main Floor, Dimensions: 16 x 15
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1638
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3212
  • Total Finished Sq Ft: 3212

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 65
  • Road: Curbed, Paved Street, City/County
  • Sideof Street: W
  • Out Buildings: Shed

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: XA0-000-0117-00
  • Zoning: Mixed Use, Residential
  • Lot Dimensions: 65 x 181.60
  • Acreage: 0.27
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,241.53
  • Winter Tax: Year: 2018, Amount: $985.86
  • Total Tax: Year: 2018, Amount: $3,678.16

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Apr 3, 2020
Sold by
Trotman Gail and Farnum Jo
Bought by
Cox Randall W
Seller's Agent
Steven Chase
Foundation Realty, LLC
Buyer's Agent
Carl Poling
Howard Hanna Real Estate Services-Tecumseh
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Current Estimated Value
$200,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,269
Avg. Annual Appreciation
16.63%

Purchase Details

Listed on
Apr 24, 2018
Closed on
Dec 17, 2018
Sold by
Knisel Frederic C
Bought by
Knisel Gloris S
Seller's Agent
Jameson Reed
Xsell Realty
Buyer's Agent
Steven Chase
Foundation Realty, LLC
List Price
$95,000
Sold Price
$65,000
Premium/Discount to List
-$30,000
-31.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%
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
Cox Randall W $85,000 Misc Company
Knisel Gloris S $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2020 04/03/20 Sold $85,000 -14.9% $26 / Sq Ft
11/15/2019 11/15/19 Price Changed $99,900 -9.1% $31 / Sq Ft
11/01/2019 11/01/19 For Sale $109,900 +69.1% $34 / Sq Ft
12/17/2018 12/17/18 Sold $65,000 -13.2% $20 / Sq Ft View Prior Sale
12/05/2018 12/05/18 Pending -- -- --
10/31/2018 10/31/18 Price Changed $74,900 -16.7% $23 / Sq Ft
06/20/2018 06/20/18 Price Changed $89,900 -5.4% $28 / Sq Ft
04/24/2018 04/24/18 For Sale $95,000 -- $30 / 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 $4,716 $97,700 $0 $0
2024 $3,168 $88,700 $0 $0
2023 $3,587 $81,700 $0 $0
2022 $3,216 $75,200 $0 $0
2021 $3,156 $69,600 $0 $0
2020 $2,759 $65,900 $0 $0
2019 $2,242 $59,100 $0 $0
2018 $3,678 $89,231 $0 $0
2017 $3,574 $75,036 $0 $0
2016 $3,545 $57,778 $0 $0
2014 -- $56,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Chase

    Seller's Agent in 2020

    Steven Chase

    Foundation Realty, LLC

    (734) 992-7277

    7 in this area

    12 Total Sales

    Steven Chase
    Section Image
  • Carl Poling

    Buyer's Agent in 2020

    Carl Poling

    Howard Hanna Real Estate Services-Tecumseh

    (517) 403-5719

    36 in this area

    195 Total Sales

    Carl Poling
    Section Image

  • J

    Seller's Agent in 2018

    Jameson Reed

    Xsell Realty

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31399300

Michigan Multiple Listing Service

APN: XA0-000-0117-00

Michigan Lenawee County Adrian 49221

227 N Broad St, Adrian, MI

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