NOT LISTED FOR SALE

550 State St Adrian, MI 49221

Estimated Value: $94,373 - $124,000

3 Beds
1 Bath
1,110 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $70,000 $63 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $754/month

18 Days on Market

Highlights

  • Shed
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of May 2021

Beautiful home in Adrian's historic district. Alley access with parking and fenced in backyard, great for hosting barbeques and birthday parties. Come see this home before it goes.

Last Agent to Sell the Property

Moises Regalado

Xsell Realty License #LCAR-6501427153 Listed on: 03/22/2021

Last Buyer's Agent

Moises Regalado

Xsell Realty License #LCAR-6501427153 Listed on: 03/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 25x181.50

Parking

  • 2 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number XA0-400-8014-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,056

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 12 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 19
  • Bathrooms Description: First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 7, On Level: First
  • Room Types: First Floor Laundry
  • Kitchen: On 1st Floor, Dimensions: 19 x 12
  • Kitchen Features: Eat-In Kitchen
  • Laundry: On 1st Floor, Dimensions: 13 x 4
  • Living Room: On 1st Floor, Dimensions: 19 x 16
  • Below Grade Sq Ft: 814
  • Above Grade Finished Sq Ft: 1110
  • Total Finished Sq Ft: 1110

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement, Michigan Basement
  • Frontage: 25
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

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: XA0-400-8014-00
  • Zoning: Residential
  • Lot Dimensions: 25x181.50
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $863.32
  • Winter Tax: Year: 2020, Amount: $192.31
  • Taxable Value: 24103
  • Total Tax: Year: 2020, Amount: $1,055.63
  • SEV Year: 2020

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 14, 2021
Sold by
Regalado Alexis M
Bought by
Mmb Llc
Seller's Agent
Moises Regalado
Xsell Realty
Buyer's Agent
Moises Regalado
Xsell Realty
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%
Current Estimated Value
$107,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,343
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Martek Letticia M
Bought by
Casarcz Belin

Purchase Details

Listed on
Jan 22, 2012
Closed on
Mar 23, 2012
Sold by
Martek Letticia
Bought by
Martek Letticia and Casarez Belin
Seller's Agent
Cara French
Xsell Realty
Buyer's Agent
Janie Navarro
Xsell Realty
List Price
$16,400
Sold Price
$15,000
Premium/Discount to List
-$1,400
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Listed on
Jan 22, 2012
Closed on
Feb 9, 2012
Sold by
Fannie Mae
Bought by
Martek Letticia
Seller's Agent
Cara French
Xsell Realty
Buyer's Agent
Janie Navarro
Xsell Realty
List Price
$16,400
Sold Price
$15,000
Premium/Discount to List
-$1,400
-8.54%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Jordan Penny M
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Mmb Llc $70,000 None Available
Casarcz Belin -- Fidelity National Title Insu
Martek Letticia -- Fidelity National Title Insu
Martek Letticia $15,000 Multiple
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mmb Llc $40,000
Previous Owner Jordan Penny M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $70,000 -10.3% $63 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $78,000 +73.3% $70 / Sq Ft
07/14/2015 07/14/15 Sold $45,000 -9.8% $41 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $49,900 +232.7% $45 / Sq Ft
02/10/2012 02/10/12 Sold $15,000 -8.5% $14 / Sq Ft
01/22/2012 01/22/12 For Sale $16,400 -- $15 / 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
2024 $1,873 $38,700 $0 $0
2023 $2,361 $35,500 $0 $0
2022 $1,784 $33,600 $0 $0
2021 $1,133 $30,900 $0 $0
2020 $1,056 $26,800 $0 $0
2019 $70,300 $25,700 $0 $0
2018 $1,021 $28,115 $0 $0
2017 $996 $22,751 $0 $0
2016 $1,067 $24,372 $0 $0
2014 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50036892

Michigan Multiple Listing Service

APN: XA0-400-8014-00