NOT LISTED FOR SALE

741 S Main St Adrian, MI 49221

Estimated Value: $79,000 - $115,000

3 Beds
1 Bath
1,158 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $30,000 $26 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $660/month

152 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Forced Air Heating System
  • Farmhouse Style Home

About This Home

As of December 2018

This 3 bedroom 1 1/2 bathroom home needs some TLC. This property could be a good fixer upper for the first time homebuyer or for the investor looking for a new income property. This property is zoned B1 Commercial but currently used as residential.

Last Listed By

Tim Bender

EXP Realty License #LCAR-6501399962 Listed on: 07/05/2018

EXP Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x133

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Brick Foundation

Interior Spaces

  • 1,158 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Brick Basement
  • Block Basement Construction

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Adrian Improv Cos Sub 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number XA0 340 0008 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: Fixer-Upper, Investment
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Adrian
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Brick
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 8 x 11
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 4, On Level: Second, Flooring: Vinyl
  • Kitchen: On 1st Floor, Dimensions: 11 x 14
  • Kitchen Floor Covering: Vinyl
  • Library Den: On 2nd Floor, Dimensions: 10 x 10
  • Library Den Floor Covering: Carpet
  • Living Room: On 1st Floor, Dimensions: 14 x 24
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 445
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1158
  • Total Finished Sq Ft: 1158

Exterior Features

  • Foundation: Basement
  • Frontage: 50
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Window Unit(s)

Lot Info

  • Assessor Parcel Number: XA0 340 0008 00
  • Zoning: Commercial
  • Lot Dimensions: 50x133
  • Acreage: 0.14
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street

Tax Info

  • Summer Tax: Year: 2017, Amount: $759.00
  • Winter Tax: Year: 2017, Amount: $143.00
  • Taxable Value: 19800
  • Total Tax: Year: 2017, Amount: $902.00
  • SEV Year: 2017

MLS Schools

  • School District: Adrian City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Dec 14, 2018
Sold by
Tuckernan Kyle F and Tuckernan Megan M
Bought by
Caballero Paulo
Seller's Agent
Tim Bender
EXP Realty
Buyer's Agent
Tim Bender
EXP Realty
List Price
$50,000
Sold Price
$30,000
Premium/Discount to List
-$20,000
-40%
Total Days on Market
152
Current Estimated Value
$98,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,777
Avg. Annual Appreciation
19.84%

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
Caballero Paulo $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $30,000 -25.0% $26 / Sq Ft
08/08/2018 08/08/18 Price Changed $40,000 -20.0% $35 / Sq Ft
07/05/2018 07/05/18 For Sale $50,000 -- $43 / 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 $1,347 $25,100 $0 $0
2023 $1,771 $22,600 $0 $0
2022 $2,298 $21,800 $0 $0
2021 $1,271 $19,700 $0 $0
2020 $1,153 $18,600 $0 $0
2019 $53,039 $18,700 $0 $0
2018 $794 $22,602 $0 $0
2017 $902 $19,789 $0 $0
2016 $896 $18,361 $0 $0
2014 -- $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31352867

Michigan Multiple Listing Service

APN: XA0-340-0008-00