NOT LISTED FOR SALE

726 W Maple Ave Adrian, MI 49221

Estimated Value: $102,009 - $156,000

2 Beds
1 Bath
653 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $66,850 $102 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $789/month

52 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of November 2017

Cozy brick duplex in Adrian's West side. Live in one side and rent the other or use both as income producing property. New roof to be included with acceptable sale price. Carpeted room in basement for recreation rm. or office. Occupancy at closing. 726 & 728 room size in basement 13x18.

Last Agent to Sell the Property

Linda Rudd

Heart O' The Hills Realty License #LCAR-6504417407 Listed on: 08/14/2017

Last Buyer's Agent

Angela Moore

Heart O' The Hills Realty License #LCAR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 32x116

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number XA0-675-0010-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Year Built: 1942
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 653

Exterior Features

  • Exterior Features: Sidewalks
  • Frontage: 116
  • Foundation Type: Basement
  • Roads: City/County

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: XA0-675-0010-00
  • Lot Dimensions: 32x116
  • Acreage: 0.18
  • Zoning: Multi-Family, Residential

Tax Info

  • Summer Tax: Year: 2017, Amount: $2,401.58
  • Winter Tax: Year: 2016, Amount: $713.54
  • Taxable Value: 20200
  • Total Tax: Year: 2017, Amount: $3,116.12
  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 3, 2017
Sold by
Trim Connie Jo and Strech Connie Jo
Bought by
Moore Angela and Nelson Chad C
Seller's Agent
Linda Rudd
Heart O' The Hills Realty
Buyer's Agent
Angela Moore
Heart O' The Hills Realty
List Price
$74,500
Sold Price
$66,850
Premium/Discount to List
-$7,650
-10.27%
Current Estimated Value
$121,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,902
Avg. Annual Appreciation
6.08%
Original Mortgage
$50,137
Outstanding Balance
$42,803
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$62,111

Purchase Details

Closed on
Jan 20, 2016
Sold by
Wershiner George
Bought by
Strech Connie Jo and Wershiner Connie Jo
Source: Public Records

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    Great Income potential. Lower unit has 1 bedroom, Upper unit has 2 to 3 bedrooms with bonus space on 3rd floor. Each Unit has a full bath, Live in one and rent the other. Extra deep lot with 2 car detached garage. Separated Electric, Gas, Heat.

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    Section Image

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
Moore Angela $66,850 Prestige Title Agency
Strech Connie Jo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Angela $50,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $66,850 -10.3% $102 / Sq Ft
08/14/2017 08/14/17 For Sale $74,500 -- $114 / 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 $1,320 $29,400 $0 $0
2023 $1,643 $26,700 $0 $0
2022 $2,619 $23,800 $0 $0
2021 $1,323 $21,500 $0 $0
2020 $1,181 $19,400 $0 $0
2019 $59,600 $18,700 $0 $0
2018 $1,185 $19,955 $0 $0
2017 $1,510 $20,324 $0 $0
2016 $1,501 $20,324 $0 $0
2014 -- $21,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31328402

Michigan Multiple Listing Service

APN: XA0-675-0010-00