NOT LISTED FOR SALE

550 S Mckenzie St Adrian, MI 49221

Estimated Value: $237,000 - $372,078

3 Beds
2 Baths
2,167 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $247,500 $114 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,180/month

61 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • 1.15 Acre Lot
  • Raised Ranch Architecture
  • 4-minute walk to Riverside Park

About This Home

As of October 2023

Nicely updated raised ranch style home surrounded by Adrian's finest parks! Located on over 1 acre of land, this home offers an in-ground pool, large patio and deck, and ample driveway parking making the perfect outdoor entertaining hot spot! The first floor features 3 bedrooms, hardwood flooring, new vinyl flooring, spacious living room, updated bathroom and newer kitchen with stainless steel appliances. The lower level boasts a large family room with wood burning fireplace, laundry room, full bath, 1 extra room that can be converted into a bedroom, and a walk out to the pool area. The large lot also features Views of the ponds of Burr park, walking trails and easy access to Riverside park. All appliances are included.

Last Agent to Sell the Property

Jennifer Kerstetter

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6501386184 Listed on: 08/14/2023

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Joyce Smith

Howard Hanna Real Estate Services-Adrian License #LCAR-6501315941

Howard Hanna Real Estate Services-Adrian

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 150x332

Parking

  • 2 Car Direct Access Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number XA0-405-5036-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,012

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Raised Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4012.26
  • Total Tax Year: 2023
  • Year Built: 1957
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window, Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, FamRoom Fireplace, Natural Fireplace, Wood Burning
  • Basement: Yes
  • Basement: Outside Entrance, Partially Finished, Walk Out, Interior Access
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 11
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 1st Floor, Dimensions: 14 x 11
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 11 x 6, On Level: First
  • Bathroom 2: Dimensions: 6 x 3, On Level: Lower
  • Room Types: Entry, Family Room, First Floor Bedroom, Living Room, Lower Level Laundry, Utility/Laundry Room, Basement Full Bath, First Flr Full Bathroom, Eat-In Kitchen
  • Dining Room: On 1st Floor, Dimensions: 10 x 9
  • Family Room: On Lower Floor, Dimensions: 24 x 24
  • Family Room Floor Covering: Vinyl
  • Kitchen: On 1st Floor, Dimensions: 12 x 7
  • Kitchen Floor Covering: Ceramic
  • Laundry: On Lower Floor, Dimensions: 14 x 8
  • Living Room: On 1st Floor, Dimensions: 20 x 14
  • Living Room Floor Covering: Vinyl
  • Other Room 2: Dimensions: 10x9, On Level: Lower, Flooring: Concrete
  • Below Grade Sq Ft: 1000
  • Finished Below Grade Sq Ft: 900
  • Above Grade Finished Sq Ft: 1267
  • Total Finished Sq Ft: 2167

Exterior Features

  • Pool: Yes
  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck, Inground Pool, Patio, Porch, Sidewalks, Storms/Screens, Swimming Pool
  • Foundation: Basement
  • Frontage: 150
  • Road: City/County, Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Direct Access
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: XA0-405-5036-00
  • Zoning: Residential
  • Lot Dimensions: 150x332
  • Acreage: 1.15
  • Geo Subdivision: MI
  • Site/Lot Features: Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,366.83
  • Winter Tax: Year: 2022, Amount: $645.43
  • Total Tax: Year: 2023, Amount: $4,012.26

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 15, 2019
Sold by
Theisen Colleen L and Waldrop Colleen L
Bought by
Mcgraw Colleen Q
Seller's Agent
Khrystopher Gould
Howard Hanna Real Estate Services-Adrian
Buyer's Agent
Alison Prielipp
Howard Hanna Real Estate Services-Tecumseh
List Price
$187,000
Sold Price
$187,000
Current Estimated Value
$301,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,770
Avg. Annual Appreciation
7.92%
Original Mortgage
$183,612
Outstanding Balance
$158,551
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$143,219
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
Mcgraw Colleen Q $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgraw Colleen Q $183,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $247,500 -8.3% $114 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $269,900 +44.3% $125 / Sq Ft
10/15/2019 10/15/19 Sold $187,000 0.0% $80 / Sq Ft View Prior Sale
09/27/2019 09/27/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $187,000 0.0% $80 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $187,000 -- $80 / Sq Ft
Source: Michigan Multiple Listing Service

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 $6,938 $117,600 $0 $0
2024 $51 $111,000 $0 $0
2023 $4,012 $102,700 $0 $0
2022 $3,627 $95,500 $0 $0
2021 $3,560 $88,200 $0 $0
2020 $3,548 $81,000 $0 $0
2019 $2,322 $77,500 $0 $0
2018 $2,790 $89,943 $0 $0
2017 $2,701 $75,355 $0 $0
2016 $2,680 $72,857 $0 $0
2014 -- $63,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50118789

Michigan Multiple Listing Service

APN: XA0-405-5036-00