$26,923
SOLD DEC 29, 2016

405 Springbrook Ave Adrian, MI 49221

4 Beds
2 Baths
1,604 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

43 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Forced Air Heating System
  • Fireplace

About This Home

As of August 2019

Property sold as a package deal with 26 other properties at a total sale price of $700,000. Online Only Auction! Bidding Ends: Tuesday, November 15, 2016 at 12:00 pm. Buy one or all. 26 properties selling separately include a fourplex, duplex, single-family homes, and most are leased and generating income. Many are improved and immediate investment income. This is a very nice home and has newer siding and roof, large laundry room. Property is currently rented at $860 per month and the tenant pays the gas, electric, water, and trash.

Last Agent to Sell the Property

Pamela Rose

Pamela K. Rose Auction Co. LLC - Troy License #MCAR-6502336208 Listed on: 10/03/2016

Last Buyer's Agent

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52 x 140

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number XAO-100-0119-00

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 Story
  • Total Tax Amount: 1872.1
  • Year Built: 1948
  • Mail City: Adrian
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 12 x 13
  • Bedroom 2: On Main Floor, Dimensions: 12 x 10
  • Bedroom 3: On Main Floor, Dimensions: 10 x 12
  • Bedroom 4: On Main Floor, Dimensions: 8 x 8
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On Main Floor, Dimensions: 12 x 17
  • Kitchen: On Main Floor, Dimensions: 12 x 10
  • Living Room: On Main Floor, Dimensions: 12 x 15
  • Above Grade Finished Sq Ft: 1604
  • Total Finished Sq Ft: 1604

Exterior Features

  • Exterior: Vinyl Siding

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: XAO-100-0119-00
  • Lot Dimensions: 52 x 140
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,374.10
  • Winter Tax: Amount: $498.00
  • Total Tax: Amount: $1,872.10

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 1, 2019
Sold by
Hipps Aaron
Bought by
Pool Brianne N and Pool Kenneth D
Seller's Agent
Shirley Smith
Howard Hanna Real Estate Services-Adrian
Buyer's Agent
Helen Moore
Irish Hills Realty
List Price
$139,900
Sold Price
$131,000
Premium/Discount to List
-$8,900
-6.36%
Current Estimated Value
$171,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,115
Avg. Annual Appreciation
4.57%
Original Mortgage
$128,627
Outstanding Balance
$113,141
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$57,974

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 20, 2018
Sold by
Maumee Land Co Llc
Bought by
Hipps Aaron
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.26%

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 29, 2016
Sold by
Sternquist Robert Eugene and Sternquist Anne Chase
Bought by
Maumee Land Company Llc
Seller's Agent
Pamela Rose
Pamela K. Rose Auction Co. LLC - Troy
Buyer's Agent
Mark Baker
Foundation Realty, LLC
List Price
$26,923
Sold Price
$26,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.16%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Apr 2, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sternquist Robert and Sterquist Anne
Seller's Agent
Greg Brown
Foundation Realty, LLC-Tecumseh
Buyer's Agent
Steve Sack
Foundation Realty, LLC
List Price
$19,900
Sold Price
$15,500
Premium/Discount to List
-$4,400
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Fisher Wanda
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $131,000 --
Warranty Deed $100,000 --
Warranty Deed $605,000 None Available
Deed $15,500 Multiple
Sheriffs Deed $49,136 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,627 FHA
Previous Owner $53,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $8,275 Unknown
Previous Owner $5,431 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $131,000 -3.0% $82 / Sq Ft
04/29/2019 04/29/19 Price Changed $135,000 -3.5% $84 / Sq Ft
04/15/2019 04/15/19 For Sale $139,900 +39.9% $87 / Sq Ft
06/20/2018 06/20/18 Sold $100,000 -9.0% $62 / Sq Ft
05/29/2018 05/29/18 For Sale $109,900 +308.2% $69 / Sq Ft
12/29/2016 12/29/16 Sold $26,923 0.0% $17 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $26,923 +73.7% $17 / Sq Ft
04/05/2012 04/05/12 Sold $15,500 -22.1% $10 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $19,900 -- $12 / 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 $3,176 $68,000 $0 $0
2024 $2,111 $61,000 $0 $0
2023 $2,239 $54,600 $0 $0
2022 $1,921 $48,200 $0 $0
2021 $1,886 $44,700 $0 $0
2020 $1,879 $42,900 $0 $0
2019 $97,192 $38,700 $0 $0
2018 $1,769 $40,495 $0 $0
2017 $2,054 $33,201 $0 $0
2016 $1,906 $32,010 $0 $0
2014 -- $31,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21227127

Michigan Multiple Listing Service

APN: XA0-100-0119-00