NOT LISTED FOR SALE

514 S Madison St Adrian, MI 49221

Estimated Value: $140,000 - $162,000

2 Beds
1 Bath
910 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $130,000 $143 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $991/month

2 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Direct Access Garage
  • Forced Air Heating System
  • No HOA
  • Porch

About This Home

As of October 2022

**Multiple offers received. **
***Highest and best due Tuesday 8/30 by 12:00 noon.***
Just a mile and a half from picturesque downtown Adrian, this charming ranch sits in a prime location! Mere blocks from Adrian college, there is no shortage of shops, restaurants, medical facilities, and breweries nearby! Enjoy the weather sitting out on your quaint front porch, or grill out on the side deck! With beautiful hardwood flooring and an updated kitchen and bath be sure to book your appointment before this one is gone!

Last Agent to Sell the Property

Brandon Makila

KW Professionals License #6501411332 Listed on: 08/27/2022

KW Professionals

Last Buyer's Agent

Diane Noce

The Wagley Group License #6501388525

The Wagley Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 96.00 x 113.00
  • Back Yard Fenced

Parking

  • 1.5 Car Direct Access Garage

Home Design

  • 910 Sq Ft Home
  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Ext Of L G Berrys Sw Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0410203400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,217

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1926
  • State Equalized Value: 41400.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 500000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 910

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Direct Access, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.25
  • Lot Dimensions: 96.00 x 113.00
  • Parcel Number: XA0410203400

Tax Info

  • Tax Amount Summer: 999.0000
  • Tax Amount Winter: 218.0000
  • Total Tax: 1217.0000
  • Taxable Value: 28094.0000

MLS Schools

  • School District: Adrian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2005
Sold by
Cox Benjamin L and Many Millanie
Bought by
Coleman Margie R
Current Estimated Value
$152,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Outstanding Balance
$32,565
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$119,750
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
Coleman Margie R $88,900 Legacy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Margie R $63,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $130,000 +4.0% $143 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $125,000 -- $137 / Sq Ft
Source: Realcomp

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 $2,340 $54,100 $0 $0
2024 $20 $51,000 $0 $0
2023 $2,126 $47,400 $0 $0
2022 $1,240 $44,800 $0 $0
2021 $1,218 $41,400 $0 $0
2020 $1,214 $38,500 $0 $0
2019 $78,339 $36,800 $0 $0
2018 $1,173 $42,332 $0 $0
2017 $1,136 $34,521 $0 $0
2016 $1,127 $29,096 $0 $0
2014 -- $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221027559

Realcomp

APN: XA0-410-2034-00