NOT LISTED FOR SALE

509 River St Adrian, MI 49221

Estimated Value: $133,000 - $178,000

3 Beds
1 Bath
1,135 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $92,000 $81 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $992/month

59 Days on Market

Highlights

  • 0.93 Acre Lot
  • 2 Car Detached Garage
  • Living Room
  • Colonial Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of March 2017

Freshly updated home with 3 bedrooms and 1 bath. Sits on just under an acre with a 2 car detached garage.

Last Agent to Sell the Property

Mark Baker

Foundation Realty, LLC License #LCAR-6502138749 Listed on: 12/20/2016

Last Buyer's Agent

Don Neuroth

Heart O' The Hills Realty License #LCAR-6501334295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 81x93

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,135 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number XA0-270-0013-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

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: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 1459.71
  • Total Tax Year: 2015
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 18
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Living Room
  • Kitchen: On 1st Floor, Dimensions: 10 x 11
  • Living Room: On 1st Floor, Dimensions: 12 x 12
  • Above Grade Finished Sq Ft: 1135
  • Total Finished Sq Ft: 1135

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 81
  • Road: City/County

Garage/Parking

  • Garage: Detached 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
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: XA0-270-0013-00
  • Zoning: Residential
  • Lot Dimensions: 81x93
  • Acreage: 0.93
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,063.67
  • Winter Tax: Year: 2015, Amount: $396.04
  • Total Tax: Year: 2015, Amount: $1,459.71

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Mar 31, 2017
Sold by
Meyers Property Management Llc
Bought by
Schultz Mary L
Seller's Agent
Mark Baker
Foundation Realty, LLC
Buyer's Agent
Don Neuroth
Heart O' The Hills Realty
List Price
$109,900
Sold Price
$92,000
Premium/Discount to List
-$17,900
-16.29%
Current Estimated Value
$149,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,195
Avg. Annual Appreciation
5.65%
Original Mortgage
$73,600
Outstanding Balance
$61,061
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$88,134

Purchase Details

Closed on
Nov 29, 2011
Sold by
Meyers Nichola Rion and Rion Nichola
Bought by
Meyers Property Management Llc

Purchase Details

Closed on
Jan 11, 2011
Sold by
Hsbc Mortgage Services Inc
Bought by
Rion Nichola

Purchase Details

Closed on
Nov 18, 2010
Sold by
Harrington William J
Bought by
Hsbc Mortgage Services Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schultz Mary L $92,000 American Title
Meyers Property Management Llc -- None Available
Rion Nichola $17,505 Parks Title
Hsbc Mortgage Services Inc $12,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Mary L $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $92,000 -7.9% $81 / Sq Ft
01/09/2017 01/09/17 Price Changed $99,900 -9.1% $88 / Sq Ft
12/20/2016 12/20/16 For Sale $109,900 -- $97 / 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 $2,549 $50,200 $0 $0
2024 $19 $46,300 $0 $0
2023 $2,430 $42,300 $0 $0
2022 $2,103 $40,100 $0 $0
2021 $2,066 $37,200 $0 $0
2020 $2,053 $34,000 $0 $0
2019 $82,198 $32,500 $0 $0
2018 $2,058 $37,578 $0 $0
2017 $1,528 $31,258 $0 $0
2016 $1,516 $28,780 $0 $0
2014 -- $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31309593

Michigan Multiple Listing Service

APN: XA0-270-0013-00