NOT LISTED FOR SALE

317 E Church St Adrian, MI 49221

Estimated Value: $105,000 - $165,000

5 Beds
4 Baths
2,266 Sq Ft
$58/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $71,000 $31 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $976/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Wood Siding
  • 5-minute walk to Monument Park
  • Forced Air Heating System

About This Home

As of May 2019

Nice 4-unit home for sale in Adrian. 2 upper and 2 lower units, double wide City lot, plenty of parking.

Last Agent to Sell the Property

Jeff Rising

Cornerstone Real Estate License #LCAR-6502365182 Listed on: 04/16/2019

Cornerstone Real Estate

Last Buyer's Agent

Chuck Davis

Xsell Realty License #LCAR-6501260741

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 95x140

Home Design

  • Colonial Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Brick Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number XA0­210­7023­01

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: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 2042.16
  • Total Tax Year: 2018
  • Year Built: 1860
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Brick
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Vinyl Siding, Wood
  • Frontage: 95
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Wall Heat, Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0­210­7023­01
  • Lot Dimensions: 95x140
  • Acreage: 0.2
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,477.19
  • Winter Tax: Year: 2018, Amount: $564.97
  • Total Tax: Year: 2018, Amount: $2,042.16

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 10, 2019
Sold by
Rodriguez Refugio
Bought by
Mefford Robert E and Mefford Janette M
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Chuck Davis
Xsell Realty
List Price
$70,000
Sold Price
$71,000
Premium/Discount to List
$1,000
1.43%
Current Estimated Value
$131,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,640
Avg. Annual Appreciation
9.71%
Original Mortgage
$53,250
Outstanding Balance
$46,722
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$84,918
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mefford Robert E $53,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mefford Robert E $53,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $71,000 +1.4% $31 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $70,000 0.0% $31 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $70,000 -- $31 / 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 $3,451 $57,600 $0 $0
2024 $27 $55,200 $0 $0
2023 $4,146 $51,300 $0 $0
2022 $2,483 $46,900 $0 $0
2021 $2,439 $41,000 $0 $0
2020 $2,623 $39,100 $0 $0
2019 $64,819 $35,300 $0 $0
2018 $2,042 $43,236 $0 $0
2017 $1,984 $32,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31376657

Michigan Multiple Listing Service

APN: XA0-210-7023-01