NOT LISTED FOR SALE

5474 S Adrian Hwy Adrian, MI 49221

Estimated Value: $141,000 - $180,000

3 Beds
1 Bath
890 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $125,500 $141 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,111/month

7 Days on Market

Highlights

  • 0.8 Acre Lot
  • Main Floor Bedroom
  • Patio
  • Traditional Architecture
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of July 2023

***Multiple Offers Received, all Highest and Best due by 5PM, Sunday, 7/9/23.*** If you are looking for a starter home or looking to downsize, and you don't want to live in the city, here is an opportunity for you! Located in the popular Madison school district (with Sand Creek schools a possibility) this home is just waiting for it's new owner to give it a whole new look! With some vision and sweat equity you could be living the sweet country life! The current configuration offers one bedroom, living room with great exposure for the plant lover, galley kitchen, one bedroom, full bath and a dining room off the kitchen that could possibly be turned into a nice size 1st floor bedroom, giving the home a possible 4 bedrooms! The second floor consists of 2 more bedrooms and a landing area just perfect for a reading nook. There is a rear entry hall, leading to a pantry/rear entry closet and stairs to the unfinished basement. The real beauty is the gorgeous, deep lot the home sits on, again, with so much potential! If you're into gardening/outdoor plants and flowers, there is plenty of room, there is also an area for a bonfire, a nice covered patio on the back for those rainy day outdoor activities and a two car detached garage!

Last Agent to Sell the Property

Greg Brown

Foundation Realty, LLC-Tecumseh License #LCAR-6501338486 Listed on: 07/06/2023

Last Buyer's Agent

Tyrese Belcher

The Wagley Group License #LCAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 118x367
  • Sloped Lot
  • Garden

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 890 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number MD0-127-2980-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Fixer-Upper
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Not Required
  • Flood Plain: Unknown
  • Total Tax Amount: 1162.59
  • Year Built: 1950
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Window Treatment(s)
  • Appliances: Refrigerator
  • Basement: Yes
  • Basement: Block, Partial, Interior Access
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 10 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 9 x 9
  • Bedroom 2 Floor Covering: Laminate
  • Bedroom 3: On 2nd Floor, Dimensions: 8 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 5, On Level: First, Flooring: Vinyl
  • Room Types: First Floor Bedroom, First Flr Full Bathroom, Other-See Remarks
  • Dining Room: On 1st Floor, Dimensions: 13 x 9
  • Dining Room Floor Covering: Laminate
  • Kitchen: On 1st Floor, Dimensions: 15 x 9
  • Kitchen Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 19 x 9
  • Living Room Floor Covering: Carpet
  • Sitting Room: On 2nd Floor, Dimensions: 6 x 8
  • Sitting Room Floor Covering: Carpet
  • Below Grade Sq Ft: 480
  • Above Grade Finished Sq Ft: 890
  • Total Finished Sq Ft: 890

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Garden Area
  • Foundation: Basement, Crawl
  • Frontage: 118
  • Road: City/County, Country, Paved Street
  • Sideof Street: W
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: MD0-127-2980-00
  • Zoning: Residential
  • Lot Dimensions: 118x367
  • Acreage: 0.8
  • Geo Subdivision: MI
  • Site/Lot Features: Sloping

Tax Info

  • Summer Tax: Year: 2023, Amount: $692.92
  • Winter Tax: Year: 2022, Amount: $469.67
  • Taxable Value: 41465
  • Total Tax: Amount: $1,162.59
  • SEV Year: 2023

MLS Schools

  • School District: Madison School District (Lenawee)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Mar 22, 2016
Sold by
Fannie Mae
Bought by
Bales Lacey L
Seller's Agent
Mark Goedert
Goedert Real Estate - Adr
Buyer's Agent
Danielle Stepp
Foundation Realty, LLC-Tecumseh
List Price
$57,500
Sold Price
$56,000
Premium/Discount to List
-$1,500
-2.61%
Current Estimated Value
$155,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,829
Avg. Annual Appreciation
11.40%
Original Mortgage
$63,753
Outstanding Balance
$50,735
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$102,534

Purchase Details

Closed on
Apr 23, 2015
Sold by
Hildebrand Ryan M and Gardener Alisa M
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2006
Sold by
Ruskowsky Kirt R and Ruskowsky Serena
Bought by
Hildebrand Ryan M and Gardner Alisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2005
Sold by
Ruskowsky Kirt and Ruskowsky Serena
Bought by
Deutsche Bank National Trust Co
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
Bales Lacey L $56,000 None Available
Fannie Mae $90,370 None Available
Hildebrand Ryan M $93,000 Prestige Title Insurance Age
Deutsche Bank National Trust Co $55,890 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bales Lacey L $63,753
Previous Owner Hildebrand Ryan M $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $125,500 -1.6% $141 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $127,500 +127.7% $143 / Sq Ft
03/29/2016 03/29/16 Sold $56,000 -2.6% $63 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $57,500 -- $65 / 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 $2,997 $62,300 $0 $0
2024 $1,651 $64,000 $0 $0
2023 $1,125 $59,700 $0 $0
2022 $1,086 $62,200 $0 $0
2021 $1,086 $59,800 $0 $0
2020 $1,071 $41,300 $0 $0
2019 $110,000 $37,400 $0 $0
2018 $1,081 $37,360 $0 $0
2017 $1,075 $37,569 $0 $0
2016 $986 $35,741 $0 $0
2014 -- $37,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50114376

Michigan Multiple Listing Service

APN: MD0-127-2980-00