NOT LISTED FOR SALE

2498 Chesapeake Dr Unit Building 7, Unit 16 Adrian, MI 49221

Estimated Value: $238,000 - $244,000

3 Beds
2 Baths
1,335 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $195,000 $146 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,707/month

Highlights

  • Cathedral Ceiling
  • Porch
  • Living Room
  • End Unit
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2021

Great 3 bedroom 2 bath end unit condo featuring open floor plan with gas fireplace and cathedral ceilings. Private master suite has large bathroom with garden tub, separate shower, and dual vanities. Additionally there is a full basement that is rough plumbed for future bath.

Last Agent to Sell the Property

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 06/03/2021

Last Buyer's Agent

Janie Navarro

Xsell Realty License #LCAR-6501333304

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number AD0-860-0716-00

Community Details

Overview

  • Trestle Crossings Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,873

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: End Unit, Townhouse
  • Structure Style: 1 Story
  • Total Tax Amount: 2872.87
  • Total Tax Year: 2020
  • Year Built: 2003
  • Mail City: Adrian
  • Unit Number Building Number: Building 7, Unit 16
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Sump Pump, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Leased
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Poured, Sump Pump
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 15
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 11
  • Bathrooms Description: PrimaryBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: First
  • Room Types: First Floor Laundry, First Flr Primary Bedroom, Living Room, Primarybdrm Full Bathroom
  • Kitchen: On 1st Floor, Dimensions: 11 x 20
  • Kitchen Features: Breakfast Nook/Room
  • Living Room: On 1st Floor, Dimensions: 15 x 21
  • Below Grade Sq Ft: 1335
  • Above Grade Finished Sq Ft: 1335
  • Total Finished Sq Ft: 1335

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Lawn Sprinkler, Porch
  • Foundation: Basement
  • Road: Paved Street, Private Road
  • Frontage Type: Road

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Fee Frequency: Monthly
  • Community Features: Dogs Allowed, Cats Allowed
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: AD0-860-0716-00
  • Zoning: Residential
  • Location: Subdivision
  • Site Condo: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,677.50
  • Winter Tax: Year: 2020, Amount: $1,195.37
  • Taxable Value: 60706
  • Total Tax: Year: 2020, Amount: $2,872.87
  • SEV Year: 2020

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 26, 2021
Sold by
Leathers David and Leathers Mary B
Bought by
Johnson Juana
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Janie Navarro
Xsell Realty
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$240,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,199
Avg. Annual Appreciation
5.10%
Original Mortgage
$156,000
Outstanding Balance
$142,064
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$98,135

Purchase Details

Closed on
Oct 26, 2016
Sold by
Hodges James K and Leathers Mary B
Bought by
Leathers David and Leathers Mary B

Purchase Details

Closed on
May 11, 2009
Sold by
Siler Martin E
Bought by
Leathers Mary Beth and Hodges James Kevin
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
Johnson Juana $195,000 None Available
Leathers David -- Attorney
Leathers Mary Beth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Juana $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $195,000 -2.5% $146 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $199,900 -- $150 / 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 $2,151 $108,600 $0 $0
2024 $1,379 $96,000 $0 $0
2022 $1,688 $70,400 $0 $0
2021 $2,334 $62,300 $0 $0
2020 $2,873 $63,100 $0 $0
2019 $167,949 $60,800 $0 $0
2018 $2,765 $60,800 $0 $0
2017 $2,679 $57,895 $0 $0
2016 $2,615 $57,374 $0 $0
2014 -- $55,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50043805

Michigan Multiple Listing Service

APN: AD0-860-0716-00