NOT LISTED FOR SALE

407 E Michigan St Adrian, MI 49221

Estimated Value: $93,000 - $129,000

4 Beds
2 Baths
1,413 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $60,000 $42 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $786/month

185 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Monument Park
  • Porch
  • Carpet

About This Home

As of December 2021

This is a side by side, 2 bedroom 1 bath units. There is a nice sized back yard. Downtown is in close proximity to this home. This is a great income property. Contact me today for your private showing!

Last Agent to Sell the Property

Caroline Flores

Howard Hanna Real Estate Services-Adrian License #LCAR-6501423635 Listed on: 05/18/2021

Howard Hanna Real Estate Services-Adrian

Last Buyer's Agent

Jaime Gerig

Gerig Realty License #LCAR-6502379529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 1,413 Sq Ft Home
  • 1.5-Story Property
  • Michigan Basement
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Eastern Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-515-0371-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Duplex
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1354
  • Total Tax Year: 2020
  • Year Built: 1880
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 9
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 12
  • Bedroom 2 Floor Covering: Linoleum
  • Bedroom 3: On 2nd Floor, Dimensions: 9 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 18 x 10
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 7, On Level: First
  • Bathroom 2: Dimensions: 8 x 9, On Level: First
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Kitchen Floor Covering: Linoleum
  • Living Room: On 1st Floor, Dimensions: 15 x 12
  • Living Room Floor Covering: Linoleum
  • Below Grade Sq Ft: 976
  • Above Grade Finished Sq Ft: 1413
  • Total Finished Sq Ft: 1413

Exterior Features

  • Exterior: Cedar, Vinyl Siding
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Foundation: Michigan Basement
  • Frontage: 50
  • Road: City/County, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: XA0-515-0371-00
  • Zoning: Multi-Family
  • Lot Dimensions: 50x90
  • Acreage: 0.1
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street, City Limits

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,088.00
  • Winter Tax: Year: 2020, Amount: $266.00
  • Total Tax: Year: 2020, Amount: $1,354.00

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Lenawee County Of
Bought by
Nungester Timothy and Nungester Maria
Current Estimated Value
$112,202

Purchase Details

Closed on
Nov 22, 2013
Sold by
Garland Harold M and Garland Louise J
Bought by
Nungester Timothy and Nungester Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nungester Timothy $1,381 None Available
Nungester Timothy $22,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $60,000 0.0% $42 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
05/20/2021 05/20/21 Off Market $60,000 -- --
05/18/2021 05/18/21 For Sale $75,000 -- $53 / 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 $2,397 $33,800 $0 $0
2024 $19 $32,200 $0 $0
2023 $2,743 $29,100 $0 $0
2022 $1,925 $26,300 $0 $0
2021 $2,122 $22,800 $0 $0
2020 $1,354 $21,500 $0 $0
2019 $44,067 $19,300 $0 $0
2018 $1,198 $23,327 $0 $0
2017 $1,165 $15,689 $0 $0
2016 $964 $14,769 $0 $0
2014 -- $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50042050

Michigan Multiple Listing Service

APN: XA0-515-0371-00