NOT LISTED FOR SALE

328 Riverside Ave Adrian, MI 49221

Estimated Value: $779,825

22 Beds
12 Baths
10,248 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $655,416 $64 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,915/month

About This Home

As of May 2022

This home is located at 328 Riverside Ave, Adrian, MI 49221 since 01 May 2022 and is currently estimated at $779,825, approximately $76 per square foot. This property was built in 1970. 328 Riverside Ave is a home located in Lenawee County with nearby schools including Adrian High School, St. Joseph Academy, and St. Joseph's Academy.

Last Agent to Sell the Property

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651 Listed on: 05/01/2022

Last Buyer's Agent

Joseph Wagley

The Wagley Group License #LCAR-6502349116 & 6502366651 Listed on: 05/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 249x160

Parking

  • 3 Car Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 11 Units
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number XA0-100-0088-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,392

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Insurance: Not Required
  • Total Tax Amount: 14392.4
  • Year Built: 1970
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block, Walk Out
  • Bedrooms: 22
  • Full Bathrooms: 12
  • Total Bathrooms: 12
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Utility/Laundry Room
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 10248

Exterior Features

  • Construction: Brick
  • Frontage: 249
  • Foundation Type: Basement
  • Roads: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-100-0088-00
  • Location: Main Street
  • Lot Dimensions: 249x160
  • Acreage: 0.73
  • Lot Description: Ravine
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Electric, Gas, Snow Removal, Taxes, Trash Removal, Water/Sewer
  • Lease Information: Month-To-Month, Lease Required

Tax Info

  • Summer Tax: Year: 2021, Amount: $10,448.61
  • Winter Tax: Year: 2021, Amount: $3,493.79
  • Taxable Value: 241643
  • Total Tax: Amount: $14,392.40
  • SEV Year: 2022

Multi Family

  • Total Units: 11

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2009
Sold by
Stewart Landis C and Stewart Carol L
Bought by
Stewart Family Llc
Current Estimated Value
$779,825
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
Stewart Family Llc -- None Available
Stewart Landis C -- None Available
Stewart Carol L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $655,416 -0.7% $64 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $660,000 -- $64 / 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 $24,118 $301,600 $0 $0
2024 $14,229 $323,300 $0 $0
2023 $17,646 $308,200 $0 $0
2022 $14,652 $285,200 $0 $0
2021 $14,392 $246,800 $0 $0
2020 $14,298 $233,400 $0 $0
2019 $652,239 $263,400 $0 $0
2018 $13,788 $287,246 $0 $0
2017 $13,395 $231,643 $0 $0
2016 $13,286 $222,034 $0 $0
2014 -- $210,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50072623

Michigan Multiple Listing Service

APN: XA0-100-0088-00