NOT LISTED FOR SALE

427 Elm St Adrian, MI 49221

Estimated Value: $128,000 - $147,000

3 Beds
2 Baths
1,317 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $99,000 $75 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $938/month

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Corner Lot
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of June 2020

Great buy in a wonderful neighborhood and it offers 2 full bath! Located on a large corner lot, it has recently gone through numerous home updates. Home features new carpet in living room and two bedrooms, laminate flooring, updated kitchen with tons of cabinets, new paint throughout, updated plumbing and electrical, laundry in full basement, large fenced-in yard and spacious 2.5 car garage. Garage has workshop area, electric throughout and enough room for storage and 2 full size vehicles. Spacious yard for the family and an additional storage shed. Lower bathroom has stand up shower with higher end fixtures. Upper bathroom has claw foot soaking tub! Spring will soon be here and you can enjoy the private deck off the back of the house!

Last Agent to Sell the Property

Janis Montalvo

Living In Lenawee Realty, LLC License #LCAR-6502382032 Listed on: 05/02/2020

Co-Listed By

Edward Montalvo

Living In Lenawee Realty, LLC License #LCAR-6501314487

Last Buyer's Agent

Elizabeth Rising

Cornerstone Real Estate License #lcar-6501422182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49x117
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Composite Building Materials

Interior Spaces

  • 1,317 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Michigan Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Original Of Adrian City Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-002-4008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1721.22
  • Total Tax Year: 2019
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: MI Basement, Sump Pump, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 3, On Level: First, Flooring: Vinyl
  • Bathroom 2: Dimensions: 9 x 6, On Level: Upper, Flooring: Vinyl
  • Dining Room: On 1st Floor, Dimensions: 8 x 8
  • Kitchen: On 1st Floor, Dimensions: 14 x 12
  • Living Room: On 1st Floor, Dimensions: 13 x 15
  • Below Grade Sq Ft: 904
  • Above Grade Finished Sq Ft: 1317
  • Total Finished Sq Ft: 1317

Exterior Features

  • Exterior: Composition
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 49
  • Road: Curbed, Paved Street, City/County
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-002-4008-00
  • Zoning: Residential
  • Lot Dimensions: 49x117
  • Acreage: 0.13
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,252.40
  • Winter Tax: Year: 2018, Amount: $468.82
  • Taxable Value: 31700
  • Total Tax: Year: 2019, Amount: $1,721.22
  • SEV Year: 2018

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jun 26, 2020
Sold by
Correa Elias R and Correa Robyn L
Bought by
Craft Alexa and Reum Nicole
Seller's Agent
Janis Montalvo
Living In Lenawee Realty, LLC
Buyer's Agent
Elizabeth Rising
Cornerstone Real Estate
List Price
$89,875
Sold Price
$99,000
Premium/Discount to List
$9,125
10.15%
Current Estimated Value
$135,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,661
Avg. Annual Appreciation
6.21%
Original Mortgage
$99,000
Outstanding Balance
$88,143
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$47,518

Purchase Details

Closed on
May 26, 2011
Sold by
Deutsche Bank National Trust Co
Bought by
Correa Elias R and Correa Robyn L
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
Craft Alexa $99,000 None Available
Correa Elias R $15,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craft Alexa $99,000
Previous Owner Correa Elias R $42,000
Previous Owner Muck Edwin L $10,417
Previous Owner Muck Edwin L $5,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $99,000 +4.3% $75 / Sq Ft
05/03/2020 05/03/20 Price Changed $94,875 +5.6% $72 / Sq Ft
05/02/2020 05/02/20 For Sale $89,875 -- $68 / 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 $2,658 $51,000 $0 $0
2024 $1,738 $47,900 $0 $0
2023 $1,968 $43,800 $0 $0
2022 $1,660 $40,400 $0 $0
2021 $1,630 $37,600 $0 $0
2020 $1,667 $35,000 $0 $0
2019 $1,252 $31,800 $0 $0
2018 $1,695 $37,149 $0 $0
2017 $1,646 $30,124 $0 $0
2016 $1,633 $28,094 $0 $0
2014 -- $29,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010199

Michigan Multiple Listing Service

APN: XA0-002-4008-00