NOT LISTED FOR SALE

640 Gulf St Adrian, MI 49221

Estimated Value: $56,000 - $87,000

2 Beds
1 Bath
832 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $22,500 $27 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $502/month

111 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Forced Air Heating System
  • 1 Car Detached Garage
  • 1-Story Property
  • Carpet

About This Home

As of March 2016

Updated exterior. Large lot. 1 car detached garage. Kitchen has newer cabinets. Needs some TLC.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 11/03/2015

Last Buyer's Agent

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 11/03/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Adrian Elementary And Middle School
  • Adrian High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number XA0-610-0054-00

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 885.68
  • Total Tax Year: 2014
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 9 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 8 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Main Floor, Dimensions: 12 x 12
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 12 x 12
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 832
  • Total Finished Sq Ft: 832

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Foundation: Basement
  • Frontage: 75
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Parking: 1 Space
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Community
  • Water: Community

Lot Info

  • Assessor Parcel Number: XA0-610-0054-00
  • Zoning: Residential
  • Lot Dimensions: 75x120
  • Acreage: 0.21
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Year: 2014, Amount: $643.51
  • Winter Tax: Year: 2014, Amount: $242.17
  • Total Tax: Year: 2014, Amount: $885.68

MLS Schools

  • Elementary School: Adrian
  • Middle School: Adrian
  • School District: Adrian City School District
  • HighSchool: Adrian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Mar 7, 2016
Sold by
The Lee Family Investments Llc
Bought by
Crawford Rodney
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Marcia Randall
Foundation Realty, LLC
List Price
$24,900
Sold Price
$22,500
Premium/Discount to List
-$2,400
-9.64%
Current Estimated Value
$73,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,908
Avg. Annual Appreciation
12.74%

Purchase Details

Listed on
Nov 3, 2015
Closed on
Mar 4, 2016
Sold by
Lee Ariana Marjorie
Bought by
The Lee Family Investments Llc
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Marcia Randall
Foundation Realty, LLC
List Price
$24,900
Sold Price
$22,500
Premium/Discount to List
-$2,400
-9.64%

Purchase Details

Closed on
Nov 12, 2013
Sold by
Lee Luis and Lee Susan
Bought by
Lee Ariana Marjorie

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bates Barbara Ann and Bates Barbara Ann
Bought by
Lee Luis and Lee Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Crawford Rodney $22,500 American Title Co
The Lee Family Investments Llc -- American Title Co
Lee Ariana Marjorie -- None Available
Lee Luis $33,500 Legacy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Luis $26,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2016 03/09/16 Sold $22,500 -9.6% $27 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $24,900 -- $30 / 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 $1,414 $21,500 $0 $0
2024 $11 $20,300 $0 $0
2023 $1,662 $18,500 $0 $0
2022 $1,920 $18,100 $0 $0
2021 $1,103 $16,700 $0 $0
2020 $1,063 $15,800 $0 $0
2019 $43,441 $15,900 $0 $0
2018 $1,174 $18,976 $0 $0
2017 $1,043 $14,748 $0 $0
2016 $857 $14,306 $0 $0
2014 -- $14,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31269405

Michigan Multiple Listing Service

APN: XA0-610-0054-00