NOT LISTED FOR SALE

2501 Oakwood Ave Adrian, MI 49221

Estimated Value: $186,000 - $337,000

2 Beds
1 Bath
960 Sq Ft
$271/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $178,500 $186 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,601/month

81 Days on Market

Highlights

  • 5.38 Acre Lot
  • Pole Barn
  • Fenced Yard
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2015

A River Runs Through It and 2 massive oak trees shade the front lawn while stately maples grace the fenced back yard. If you are into horses, you will love this property. 2 pastures, 1 run. Horse barn is roughly 32x62 with 4 horse stalls, electric and water. 1/3 of the floor surface has a moisture barrier in the floor so hay can be safely stored. House was a 3 bedroom, but 2 bedrooms were combined to make a larger master bedroom. Original hardwood floors lovingly restored with Pergo floors in kitchen. New furnace in 2014, new water heater in 2013, electrical updated in 2009. Full unfinished basement waiting for your special touch. 4 season porch in the back.

Last Agent to Sell the Property

Katherine Hay

The Charles Reinhart Company License #6501129522 Listed on: 09/25/2015

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1964

Lot Details

  • 5.38 Acre Lot
  • Lot Dimensions are 381 x 564 x 461 x 716
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn

Schools

  • Adrian Elementary And Middle School
  • Adrian High School

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 381 x 564 x 461 x 716
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 960.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1635.68
  • Tax Info:Zoning3: Res
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Additional Items:Laminate Floor: Yes
  • Additional Items:Wood Floor: Yes
  • Outbuildings:Pole Barn: Yes
  • General Property Info:SqFt Above Grade: 960.0
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Adrian
  • General Property Info High School: Adrian
  • General Property Info Middle School2: Adrian
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Laminate Floor, Water Softener/Owned, Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 960.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back
  • List Price: 175000.0
  • Other Structures: Pole Barn
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Fenced Back: Yes

Utilities

  • Heating: Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Adrian
  • High School: Adrian
  • Middle/Junior School: Adrian

Lot Info

  • Lot Size Acres: 5.38
  • Lot Size Area: 5.38
  • Lot Dimensions: 381 x 564 x 461 x 716
  • Lot Size Sq Ft: 234353.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1635.68
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Dec 15, 2015
Sold by
Shortz Sheila A
Bought by
Yellott Phil
Seller's Agent
Katherine Hay
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$179,000
Sold Price
$178,500
Premium/Discount to List
-$500
-0.28%
Current Estimated Value
$260,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,793
Avg. Annual Appreciation
3.91%
Original Mortgage
$175,264
Outstanding Balance
$139,898
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$118,967

Purchase Details

Closed on
Jul 28, 2003
Bought by
Shortz Sheila A
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
Yellott Phil $178,500 Trans Nation Title
Shortz Sheila A $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yellott Phillip $24,823
Open Yellott Phil $175,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $178,500 -0.3% $186 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $179,000 -- $186 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,190 $115,800 $0 $0
2024 $1,338 $107,300 $0 $0
2022 $2,019 $86,700 $0 $0
2021 $1,997 $79,100 $0 $0
2020 $1,997 $74,200 $0 $0
2019 $173,812 $69,200 $0 $0
2018 $2,033 $69,175 $0 $0
2017 $3,075 $66,713 $0 $0
2016 $2,926 $58,141 $0 $0
2014 -- $54,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 45124

Southwestern Michigan Association of REALTORS®

APN: RA0-132-1450-00