NOT LISTED FOR SALE

319 S Winter St Adrian, MI 49221

Estimated Value: $118,057

10 Beds
10 Baths
4,645 Sq Ft
$25/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $63,000 $14 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $901/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to Fee Park
  • Corner Lot

About This Home

As of March 2018

Sale to include two buildings consisting of 10 units. Rear units have been updated. New drywall has been installed in some of the remaining units. Property is vacant. Back building is separate utilities, front building utilities combined with rent.

Last Agent to Sell the Property

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651 Listed on: 02/19/2018

Last Buyer's Agent

Jennifer Kerstetter

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6501386184

Howard Hanna Real Estate Services-Tecumseh

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-400-3007-01

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Investment, Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Insurance: Not Required
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Common
  • Bedrooms: 10
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 4645

Exterior Features

  • Construction: Brick
  • Frontage: 66
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-400-3007-01
  • Location: Corner Lot
  • Lot Dimensions: 66 x 132
  • Acreage: 0.47
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $3,195.77
  • Winter Tax: Year: 2017, Amount: $1,270.62
  • Taxable Value: 71612
  • Total Tax: Year: 2017, Amount: $4,466.39
  • SEV Year: 2017

Multi Family

  • Total Units: 10

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 27, 2018
Sold by
Little Rock Llc
Bought by
Witt Tyler and Velasquez Marvin
Seller's Agent
Joseph Wagley
The Wagley Group
Buyer's Agent
Jennifer Kerstetter
Howard Hanna Real Estate Services-Tecumseh
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%
Current Estimated Value
$118,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,057
Avg. Annual Appreciation
9.06%

Purchase Details

Listed on
Jun 27, 2016
Closed on
Dec 6, 2017
Sold by
Ehinger Ruanne
Bought by
Little Rock Llc
Seller's Agent
Joseph Wagley
The Wagley Group
Buyer's Agent
Joseph Wagley
The Wagley Group
List Price
$94,900
Sold Price
$75,000
Premium/Discount to List
-$19,900
-20.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.33%
Original Mortgage
$117,000
Interest Rate
3.78%
Mortgage Type
Construction
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
Witt Tyler $63,000 --
Little Rock Llc $75,000 Prestige Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Rock Llc $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $63,000 -16.0% $14 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $75,000 0.0% $16 / Sq Ft
10/20/2017 10/20/17 Sold $75,000 -21.0% $16 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
06/27/2016 06/27/16 For Sale $94,900 -- $20 / 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
2024 $2,925 $91,900 $0 $0
2023 $4,256 $84,200 $0 $0
2022 $4,204 $85,700 $0 $0
2021 $4,130 $81,700 $0 $0
2020 $4,321 $65,800 $0 $0
2019 $223,986 $64,900 $0 $0
2018 $5,077 $74,146 $0 $0
2017 $4,430 $78,362 $0 $0
2016 $4,394 $74,718 $0 $0
2014 -- $70,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Wagley

    Seller's Agent in 2018

    Joseph Wagley

    The Wagley Group

    (517) 403-6767

    99 in this area

    192 Total Sales

    Joseph Wagley
    Section Image
  • Jennifer Kerstetter

    Buyer's Agent in 2018

    Jennifer Kerstetter

    Howard Hanna Real Estate Services-Tecumseh

    (248) 640-5548

    6 in this area

    78 Total Sales

    Jennifer Kerstetter
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31340466

Michigan Multiple Listing Service

APN: XA0-400-3007-01

Michigan Lenawee County Adrian 49221

319 S Winter St, Adrian, MI

This home is located at 319 S Winter St, Adrian, MI 49221 since 19 February 2018 and is currently estimated at $118,057, approximately $25 per square foot. This property was built in 1900. 319 S Winter St is a home located in Lenawee County with nearby schools including Adrian High School and Berean Baptist Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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