NOT LISTED FOR SALE

240 W Maple Ave Adrian, MI 49221

Estimated Value: $138,467

5 Acres
$27,693 Price per Acre
217,800 Sq Ft Lot

Last Sold January 22, 2021

Last sale price $95,000

Est. 46% increase in value since last sale

Current estimated payment $872/month

Highlights

  • River Front
  • 5 Acre Lot
  • Wooded Lot

About This Lot

As of January 2021

Totally cleared lot .Surrounded by trees and backs up to the river. Taxes are based on the buildings that have recently been demolished.

Last Agent to Sell the Property

Robert Fox

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502134917 Listed on: 10/27/2020

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Robert Fox

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502134917 Listed on: 10/27/2020

Howard Hanna Real Estate Services-Tecumseh

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 400x550
  • River Front
  • Wooded Lot
  • Property is zoned Commercial, Industrial

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number XA0-255-5001-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Total Tax Amount: 7790.8
  • Total Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 400
  • Water Features: River Frontage
  • Waterfront: Yes
  • Roads: City/County, Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Gas At Street, Natural Gas

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights

Schools

  • School District: Adrian City School District

Lot Info

  • Assessor Parcel Number: XA0-255-5001-00
  • Acreage: 5
  • Lot Description: Wooded
  • Zoning: Commercial, Industrial
  • Lot Size: 400x550
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $5,635.45
  • Winter Tax: Year: 2020, Amount: $2,155.38
  • Taxable Value: 126600
  • Total Tax: Year: 2020, Amount: $7,790.80
  • SEV Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 22, 2021
Sold by
Kuhlman Corp
Bought by
Tanner Blane and Tanner Kimberly
Seller's Agent
Robert Fox
Howard Hanna Real Estate Services-Tecumseh
Buyer's Agent
Robert Fox
Howard Hanna Real Estate Services-Tecumseh
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Current Estimated Value
$138,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,467
Avg. Annual Appreciation
8.35%
Original Mortgage
$76,000
Outstanding Balance
$67,782
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,685
Source: Public Records

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
Tanner Blane $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanner Blane $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $95,000 -5.0% --
10/27/2020 10/27/20 For Sale $100,000 -- --
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 $4,614 $69,700 $0 $0
2024 $2,722 $69,700 $0 $0
2023 $3,538 $66,900 $0 $0
2022 $3,341 $56,100 $0 $0
2021 $3,119 $56,100 $0 $0
2020 $7,847 $126,600 $0 $0
2019 $368,537 $125,800 $0 $0
2018 $7,791 $134,129 $0 $0
2017 $7,821 $123,225 $0 $0
2016 $7,507 $123,225 $0 $0
2014 -- $119,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50027616

Michigan Multiple Listing Service

APN: XA0-255-5001-00