NOT LISTED FOR SALE

401 Riverside Ave Adrian, MI 49221

Estimated Value: $160,000 - $180,000

3 Beds
1 Bath
988 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $97,000 $98 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,096/month

About This Home

UNDER 100K??? Nothing wrong with this beautiful home. This is your opportunity to steal a house off the market. Great place to live, located in Riverbrook Subdivision. Just blocks away from everything you need. This Ranch style home comes equipped with great mechanical's, updated bathroom, new roof, new two car garage, new carpet and new wood floors. This property is listed to sell quickly. Please don't hesitate and miss your chance.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2019
Closed on
Oct 15, 2019
Sold by
Scheich Alexnader and Scheich Kaitlin
Bought by
Sheppard Kelly L
Seller's Agent
Edward Stainbrook
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
D. Gene Merillat
The Wagley Group
List Price
$109,900
Sold Price
$97,000
Premium/Discount to List
-$12,900
-11.74%
Current Estimated Value
$172,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,140
Avg. Annual Appreciation
9.47%
Original Mortgage
$77,600
Outstanding Balance
$67,231
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,909

Purchase Details

Closed on
Apr 2, 2018
Sold by
Lowery Donald S
Bought by
Scheich Alexander and Scheich Kaitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sheppard Kelly L $97,000 --
Scheich Alexander $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Kelly L $77,600
Previous Owner Scheich Alexander $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2019 10/16/19 Sold $97,000 -2.9% $98 / Sq Ft View Prior Sale
09/05/2019 09/05/19 Pending -- -- --
08/18/2019 08/18/19 Price Changed $99,900 -4.8% $101 / Sq Ft
08/05/2019 08/05/19 Price Changed $104,900 -4.5% $106 / Sq Ft
07/28/2019 07/28/19 For Sale $109,900 -- $111 / Sq Ft

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 $2,544 $71,200 $0 $0
2024 $22 $65,000 $0 $0
2023 $2,710 $59,200 $0 $0
2022 $2,118 $53,000 $0 $0
2021 $2,079 $49,900 $0 $0
2020 $2,072 $47,300 $0 $0
2019 $1,784 $42,500 $0 $0
2018 $2,414 $46,156 $0 $0
2017 $1,357 $33,511 $0 $0
2016 $1,346 $32,266 $0 $0
2014 -- $31,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Edward Stainbrook

    Century 21 Allstar Real Estate Team, Inc

    Section Image

  • D

    Buyer's Agent in 2019

    D. Gene Merillat

    The Wagley Group

    Section Image
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Map

Michigan Lenawee County Adrian 49221

401 Riverside Ave, Adrian, MI

Not Listed for Sale

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