NOT LISTED FOR SALE

7250 U S 223 Adrian, MI 49221

Estimated Value: $240,072 - $316,000

-- Bed
-- Bath
4,456 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $135,000 $30 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,763/month

147 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of August 2014

Totally renovated duplex on main road just outside of Adrian. This duplex is a side by side. Unit A - 3 BR, 1 Bath, Living room, Kitchen, Dining room, Laundry. Unit B - 3 BR, 2 Bath, Living room, Kitchen, Laundry. Both units have new heating and C/A Units, water heaters, electrical all separate utilities. Unit A is totally new from top to bottom. This property also includes a 24x48 building that could be used for a business, storage, or converted into another residential unit.

Last Agent to Sell the Property

Marcia Randall

Foundation Realty, LLC License #LCAR-6502365496 Listed on: 02/26/2014

Last Buyer's Agent

Alice Mackey

Foundation Realty, LLC License #LCAR-6502381472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 280x200

Home Design

  • Slab Foundation
  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number RM0-136-2125-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,111

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Lenawee
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3110.52
  • Total Tax Year: 2013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Sq Ft: 4456

Exterior Features

  • Construction: Aluminum, Wood
  • Exterior Features: Porch
  • Frontage: 280
  • Foundation Type: Slab
  • Roads: Paved Street

Utilities

  • Water: Private Well
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Geothermal, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: RM0-136-2125-00
  • Lot Dimensions: 280x200
  • Acreage: 1.28
  • Zoning: Non-Conforming, Residential
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 3110

Tax Info

  • Summer Tax: Amount: $776.85
  • Winter Tax: Amount: $2,333.67
  • Taxable Value: 70300
  • Total Tax: Year: 2013, Amount: $3,110.52
  • SEV Year: 2013

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Onsted Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
Aug 22, 2014
Sold by
Kyser Michael G and Caramela Eileen
Bought by
Kirkpatrick Kenneth and Kirkpatrick Paula
Seller's Agent
Marcia Randall
Foundation Realty, LLC
Buyer's Agent
Alice Mackey
Foundation Realty, LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$288,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,633
Avg. Annual Appreciation
7.28%
Original Mortgage
$121,500
Outstanding Balance
$36,572
Interest Rate
1.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$255,696

Purchase Details

Closed on
Oct 21, 2004
Bought by
Kyser Michael G and Kyser Marilyn J
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
Kirkpatrick Kenneth $135,000 American Title Co Of Lenawee
Kyser Michael G $160,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkpatrick Kenneth $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $135,000 -9.9% $30 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $149,900 -- $34 / 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 $2,193 $130,600 $0 $0
2024 $935 $117,700 $0 $0
2022 $775 $96,100 $0 $0
2021 $1,865 $87,600 $0 $0
2020 $1,796 $79,800 $0 $0
2019 $185,724 $75,600 $0 $0
2018 $1,693 $75,584 $0 $0
2017 $1,627 $72,653 $0 $0
2016 $1,616 $65,267 $0 $0
2014 -- $54,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Randall

    Seller's Agent in 2014

    Marcia Randall

    Foundation Realty, LLC

    (517) 206-5237

    118 Total Sales

    Section Image

  • A

    Buyer's Agent in 2014

    Alice Mackey

    Foundation Realty, LLC

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20393438

Michigan Multiple Listing Service

APN: RM0-136-2125-00

Michigan Lenawee County Adrian 49221

7250 U S 223, Adrian, MI

This home is located at 7250 U S 223, Adrian, MI 49221 since 26 February 2014 and is currently estimated at $292,268, approximately $65 per square foot. This property was built in 1950. 7250 U S 223 is a home located in Lenawee County with nearby schools including Onsted Elementary School, Onsted Middle School, and Onsted Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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