NOT LISTED FOR SALE

516 River St Adrian, MI 49221

Estimated Value: $62,000 - $111,000

2 Beds
1 Bath
816 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $45,000 $55 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $658/month

126 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of May 2024

Looking for an inexpensive home in Adrian that needs a little love. If you have the skills to put a little sweat equity into your next home then this one is for you. 2 bedroom 1 bath 816 square feet. Adrian Schools.

Last Agent to Sell the Property

Bill Schlueter

Gil Henry & Associates License #LCAR-6501384098 Listed on: 10/27/2023

Last Buyer's Agent

Khrystopher Gould

Howard Hanna Real Estate Services-Adrian License #LCAR-6501418062

Howard Hanna Real Estate Services-Adrian

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.5x110

Parking

  • 2 Car Parking Spaces

Home Design

  • 816 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Stone Basement
  • Crawl Space

Utilities

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

Community Details

  • James Berry's Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0-390-0013-00

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2466.47
  • Total Tax Year: 2023
  • Year Built: 1935
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Stone, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 9 x 8
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Main Floor, Dimensions: 9 x 8
  • Bedroom 2 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 8, On Level: Main, Flooring: Vinyl
  • Room Types: First Floor Laundry
  • Dining Room: On Main Floor, Dimensions: 12 x 13
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 12 x 10
  • Kitchen Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 15 x 14
  • Living Room Floor Covering: Laminate
  • Above Grade Finished Sq Ft: 816
  • Total Finished Sq Ft: 816

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Foundation: Crawl, Michigan Basement
  • Frontage: 40
  • Road: City/County, Curbed, Paved Street

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: XA0-390-0013-00
  • Zoning: Residential
  • Lot Dimensions: 40.5x110
  • Acreage: 0.1
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,057.34
  • Winter Tax: Year: 2022, Amount: $409.13
  • Total Tax: Year: 2023, Amount: $2,466.47

MLS Schools

  • School District: Adrian City School District

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $45,000 -27.4% $55 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $62,000 -4.6% $76 / Sq Ft
10/27/2023 10/27/23 For Sale $65,000 -- $80 / 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 $1,872 $43,500 $0 $0
2024 $14 $41,000 $0 $0
2023 $2,466 $38,300 $0 $0
2022 $1,672 $36,400 $0 $0
2021 $1,593 $33,800 $0 $0
2020 $1,694 $30,900 $0 $0
2019 $66,146 $29,600 $0 $0
2018 $1,532 $34,453 $0 $0
2017 $1,492 $28,596 $0 $0
2016 $1,450 $24,167 $0 $0
2014 -- $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Schlueter

    Seller's Agent in 2024

    Bill Schlueter

    Gil Henry & Associates

    (517) 366-9201

    5 in this area

    33 Total Sales

    Bill Schlueter
    Section Image
  • Khrystopher Gould

    Buyer's Agent in 2024

    Khrystopher Gould

    Howard Hanna Real Estate Services-Adrian

    (517) 270-0241

    51 in this area

    125 Total Sales

    Khrystopher Gould
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50126293

Michigan Multiple Listing Service

APN: XA0-390-0013-00

Michigan Lenawee County Adrian 49221

516 River St, Adrian, MI

Not Listed for Sale

Detached

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