NOT LISTED FOR SALE

4200 Kelsey Ave Adrian, MI 49221

Estimated Value: $447,000 - $697,181

7 Beds
5 Baths
5,425 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $275,000 $51 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,698/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 3 Car Attached Garage
  • Cathedral Ceiling
  • Porch
  • Intercom

About This Home

As of July 2017

What a Deal! Valued at over $500k when built, buy this home for less than market value! With over 5000 finished sq. ft., this brick home located in a developing subdivision is a great buy. This home offers 7 bedrooms, 5 1/2 baths, finished basement, 1.7 acres, cathedral ceilings, open floor plan, fireplace, formal dining room, study/office and more. Call today!

Last Agent to Sell the Property

Jeff Rising

Cornerstone Real Estate License #LCAR-6502365182 Listed on: 04/27/2017

Cornerstone Real Estate

Last Buyer's Agent

Kasey White

Foundation Realty, LLC License #LCAR-6506046326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 220x340

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Attic Fan
  • Intercom

Kitchen

  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number RA0-118-4650-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,146

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Originating MLS: Lenawee County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Contemporary
  • Structure Style: 2 Story
  • Year Built: 2006
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Hardwood Floors, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Intercom, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 7
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 20
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 11
  • Bedroom 5: In Basement, Dimensions: 13 x 13
  • Bedroom 6: In Basement, Dimensions: 13 x 10
  • Bathrooms Description: Basement Full Bath, First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 5
  • Total Bathrooms: 8
  • Below Grade Bathroom: 2
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Bathroom 4: On Level: Basement
  • Bathroom 5: On Level: Basement
  • Dining Room: On 1st Floor, Dimensions: 13 x 13
  • Family Room: In Basement, Dimensions: 17 x 28
  • Kitchen: On 1st Floor, Dimensions: 13 x 21
  • Kitchen Features: Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Library Den: On 1st Floor, Dimensions: 12 x 14
  • Living Room: On 1st Floor, Dimensions: 22 x 20
  • Other Room1: Dimensions: 15x12, On Level: First
  • Other Room 2: Dimensions: 13x11, On Level: Basement
  • Below Grade Sq Ft: 1940
  • Finished Below Grade Sq Ft: 1940
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3485
  • Total Finished Sq Ft: 5425

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 220
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Attic Fan

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: RA0-118-4650-00
  • Zoning: Residential
  • Lot Dimensions: 220x340
  • Acreage: 1.71
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $3,545.10
  • Winter Tax: Year: 2016, Amount: $2,601.30
  • Taxable Value: 194128
  • Total Tax: Year: 2016, Amount: $6,146.40
  • SEV Year: 2016

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jul 21, 2017
Sold by
Mugala Paul M and Mugala Faith S
Bought by
Lofton Don C
Seller's Agent
Jeff Rising
Cornerstone Real Estate
Buyer's Agent
Kasey White
Foundation Realty, LLC
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Total Days on Market
1
Current Estimated Value
$565,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,045
Avg. Annual Appreciation
9.57%
Original Mortgage
$261,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
Rsg Development Llc
Bought by
Mugala Paul M and Maugala Faith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lofton Don C $275,000 None Available
Mugala Paul M $500,000 Atcl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofton Don C $66,000
Open Lofton Don C $400,000
Closed Lofton Don C $261,250
Previous Owner Mugala Paul M $18,840
Previous Owner Mugala Paul M $437,750
Previous Owner Rsg Development Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $275,000 -8.3% $51 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $300,000 -- $55 / 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
2024 $5,112 $358,200 $0 $0
2023 $7,769 $334,700 $0 $0
2022 $7,712 $307,200 $0 $0
2021 $7,628 $291,400 $0 $0
2020 $7,627 $277,700 $0 $0
2019 $583,551 $238,700 $0 $0
2018 $7,496 $238,661 $0 $0
2017 $6,170 $240,888 $0 $0
2016 $6,146 $229,694 $0 $0
2014 -- $216,204 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Rising

    Seller's Agent in 2017

    Jeff Rising

    Cornerstone Real Estate

    (517) 605-1286

    238 Total Sales

    Jeff Rising
    Section Image
  • Kasey White

    Buyer's Agent in 2017

    Kasey White

    Foundation Realty, LLC

    (517) 215-4943

    306 Total Sales

    Kasey White
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31318291

Michigan Multiple Listing Service

APN: RA0-118-4650-00

Michigan Lenawee County Adrian 49221

4200 Kelsey Ave, Adrian, MI

This home is located at 4200 Kelsey Ave, Adrian, MI 49221 since 27 April 2017 and is currently estimated at $565,045, approximately $104 per square foot. This property was built in 2006. 4200 Kelsey Ave is a home located in Lenawee County with nearby schools including Adrian High School, St. Joseph Academy, and St. Joseph's Academy.

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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