NOT LISTED FOR SALE

304 E Maumee St Adrian, MI 49221

Estimated Value: $129,000 - $193,000

5 Beds
2 Baths
3,033 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $45,000 $15 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,223/month

180 Days on Market

About This Home

As of December 2021

House Built in 1860 has been used as a Multi rental. Many possibilities including rental units or returned to single family use. Roof new 2020, Plumbing and electrical updates. Three floors with outside fire escapes fire alarm and security. Within one block of Adrian downtown district. Public Libraries, Croswell Opera House, Breweries, Restaurants, First Fridays, Farmers markets and other weekend activities.

Last Agent to Sell the Property

Don Wells

Xsell Realty License #LCAR-6501329173 Listed on: 06/09/2021

Last Buyer's Agent

Kasey White

Foundation Realty, LLC License #LCAR-6506046326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 86x177

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • Assrs 2 Adrian City Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-210-7009-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 2217.37
  • Total Tax Year: 2020
  • Year Built: 1860
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 3033

Exterior Features

  • Construction: Brick
  • Frontage: 86
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-210-7009-00
  • Lot Dimensions: 86x177
  • Acreage: 0.35
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,610.92
  • Winter Tax: Year: 2020, Amount: $606.45
  • Taxable Value: 40400
  • Total Tax: Year: 2020, Amount: $2,217.37
  • SEV Year: 2021

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Dec 17, 2021
Sold by
Scott Ronald
Bought by
Sullivan Dennis and Sullivan Bridget
Seller's Agent
Don Wells
Xsell Realty
Buyer's Agent
Kasey White
Foundation Realty, LLC
List Price
$75,000
Sold Price
$45,000
Premium/Discount to List
-$30,000
-40%
Current Estimated Value
$161,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,519
Avg. Annual Appreciation
40.08%

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 11, 2020
Sold by
Nelson Eric and Nelson Diane
Bought by
Scott Ronald
Seller's Agent
Kim Welke
Xsell Realty
Buyer's Agent
Don Wells
Xsell Realty
List Price
$19,900
Sold Price
$20,000
Premium/Discount to List
$100
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.60%

Purchase Details

Closed on
Jan 19, 2014
Sold by
Heistand Deborah and Heistand Gary
Bought by
Nelson Diane and Nelson Eric

Purchase Details

Closed on
Jan 25, 2012
Sold by
United Bank & Trust
Bought by
Heistand Gary A and Heistand Deborah A

Purchase Details

Closed on
Jun 17, 2010
Sold by
Hosler Scott H E and Hosler Crystal R
Bought by
United Bank & Trust
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
Sullivan Dennis $45,000 None Available
Scott Ronald $20,000 Misc Company
Nelson Diane -- None Available
Heistand Gary A $10,000 None Available
United Bank & Trust $122,236 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $45,000 -9.8% $15 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/29/2021 11/29/21 Price Changed $49,900 -16.7% $16 / Sq Ft
10/27/2021 10/27/21 Price Changed $59,900 -7.8% $20 / Sq Ft
10/13/2021 10/13/21 Price Changed $65,000 -7.1% $21 / Sq Ft
09/29/2021 09/29/21 Price Changed $70,000 -5.4% $23 / Sq Ft
09/03/2021 09/03/21 Price Changed $74,000 -1.3% $24 / Sq Ft
08/25/2021 08/25/21 For Sale $75,000 0.0% $25 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $75,000 +275.0% $25 / Sq Ft
08/31/2020 08/31/20 Sold $20,000 +0.5% $7 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $19,900 -- $7 / 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 $4,108 $61,000 $0 $0
2024 $2,523 $57,400 $0 $0
2023 $3,207 $52,400 $0 $0
2022 $4,922 $47,000 $0 $0
2021 $2,577 $40,400 $0 $0
2020 $2,139 $38,700 $0 $0
2019 $1,524 $34,900 $0 $0
2018 $2,062 $42,920 $0 $0
2017 $2,003 $34,339 $0 $0
2016 $1,987 $32,059 $0 $0
2014 -- $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50044665

Michigan Multiple Listing Service

APN: XA0-210-7009-00