NOT LISTED FOR SALE

405 W Maple Ave Adrian, MI 49221

Estimated Value: $133,000 - $190,271

4 Beds
3 Baths
1,782 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $100,000 $56 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $996/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Porch

About This Home

As of March 2022

Duplex on Adrians west side. Huge lot with a large 2 car detached garage. Live in main floor and rent out the upstairs to help pay the mortgage. This home has loads of potential for turning back into a single family home or for a blended family. Main floor is 3 Bedrooms 1 bath and the upstairs is 1 BR 1 bath interior staircase could be opened back up easily.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 01/18/2022

Last Buyer's Agent

Mariah Lerolland-Wagner

Keller Williams Ann Arbor License #AAABOR

Keller Williams Ann Arbor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 89x189
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-510-0002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2181.27
  • Total Tax Year: 2021
  • Year Built: 1890
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1782

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Porch
  • Frontage: 89
  • Sideof Street: S
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-510-0002-00
  • Location: Corner Lot
  • Lot Dimensions: 89x189
  • Acreage: 0.4
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,562.80
  • Winter Tax: Year: 2021, Amount: $618.47
  • Taxable Value: 38507
  • Total Tax: Year: 2021, Amount: $2,181.27
  • SEV Year: 2022

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2009
Sold by
Borders Margaret
Bought by
A & B Propoerty Llc
Current Estimated Value
$158,090

Purchase Details

Closed on
Jun 26, 2008
Sold by
Rychener Richard L and Rychener Janet R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 26, 2005
Sold by
Rychener Patricia
Bought by
Rychener Richard L and Rychener Jenet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.89%
Mortgage Type
New Conventional
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
A & B Propoerty Llc -- None Available
Borders Margaret $25,000 Attorney Title
Federal Home Loan Mortgage Corporation $98,158 None Available
Rychener Richard L $118,000 Legacy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rychener Richard L $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $100,000 -23.0% $56 / Sq Ft
02/01/2022 02/01/22 Price Changed $129,900 -7.1% $73 / Sq Ft
01/18/2022 01/18/22 For Sale $139,900 -- $79 / 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 $5,764 $77,300 $0 $0
2024 $3,599 $72,700 $0 $0
2023 $4,104 $67,400 $0 $0
2022 $2,335 $63,100 $0 $0
2021 $2,293 $58,200 $0 $0
2020 $2,279 $54,300 $0 $0
2019 $103,944 $51,800 $0 $0
2018 $2,197 $60,200 $0 $0
2017 $2,135 $43,313 $0 $0
2016 $2,117 $39,789 $0 $0
2014 -- $35,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Randall

    Seller's Agent in 2022

    Marcia Randall

    Foundation Realty, LLC

    (517) 206-5237

    46 in this area

    114 Total Sales

    Marcia Randall
    Section Image

  • M

    Buyer's Agent in 2022

    Mariah Lerolland-Wagner

    Keller Williams Ann Arbor

    (734) 645-5510

    8 in this area

    21 Total Sales

    Mariah Lerolland-Wagner
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50064313

Michigan Multiple Listing Service

APN: XA0-510-0002-00

Michigan Lenawee County Adrian 49221

405 W Maple Ave, Adrian, MI

This home is located at 405 W Maple Ave, Adrian, MI 49221 since 18 January 2022 and is currently estimated at $158,090, approximately $88 per square foot. This property was built in 1890. 405 W Maple Ave is a home located in Lenawee County with nearby schools including Adrian High School, Berean Baptist Academy, and Trenton Hills Learning Center.

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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