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1246 University Ave, Adrian, MI, 49221

$233,000

Home List Price

$2,767*

Closing Credit

4 Bedrooms
1 Full Bath
1,368 SqFt
$170/SqFt
House

Location

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1246 University Ave, Adrian$233,000

Buyer Closing Credits

$2,767*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAssigned Spaces, 2+ Assigned Spaces
Year Built1900
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceOther, Living Room
MLS #56050157920
Lot Size0.12 Acres
StatusActive

About 1246 University Ave

Welcome to this beautifully remodeled 4-bedroom, 1-bath home, ideally situated near Adrian College. This property is currently operating as a successful short-term rental (Airbnb), generating an impressive average of $3,000 per month in rental income. Whether you're looking to move in or continue using it as an investment property, this home is ready for you! All furnishings and appliances are included-no need to worry about buying furniture or appliances. 200 Amp Electrical Service (2023), Central Air Conditioning (2024), New Water Heater (2024).

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,368 SqFt

Listing Office:

  • Office Name: Howard Hanna Real Estate Services-Adrian
  • Office Phone: (517) 263-4100
  • Listing Agent: Khrys Gould

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Other, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Assigned Spaces, 2+ Assigned Spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $233,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $2,018
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Adrian, MI.

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Adrian, MI

City

Med. Sold Price

$185K

Med. Price/SqFt

$142

Avg. Days On Market

41

# of Sold Homes

37

1246 University Ave vs Adrian

35 DAYS ON ROCKET

-6 Days

$233,000

+$48K More

$170/SqFt

+$27 More

KEY TAKEAWAY

This property is $48K more than the Median Sold Price and $27/SqFt more than other homes in Adrian, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lenawee County Association of REALTORS®
  • MLS Number: #56050157920

Listing Office:

  • Office Name: Howard Hanna Real Estate Services-Adrian
  • Office Phone: (517) 263-4100
  • Listing Agent: Khrys Gould

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,018$47,100
2019$1,986$41,500
2018$1,335$40,600
2017$1,324$37,200

History based on county public records data.

Payment Calculator

$1,230

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$765

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-391288
5
/10

  • Lincoln Elementary School

  • 158 S Scott St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-391289
4
/10

  • Alexander Elementary School

  • 520 Cherry St

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-391290
3
/10

  • Prairie Elementary School

  • 2568 Airport Rd

  • 1.47 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,429. Typical income of Adrian, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1246 University Ave

What is the listing price of this property?

The listing price of 1246 University Ave property is $233,000.

What type of property is this?

The property 1246 University Ave is a house located in Adrian, Michigan, 49221.

Is this property for sale now?

Active Listing: 1246 University Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,018 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1246 University Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1246 University Ave is 1,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1246 University Ave is 1900.

Rocket Homes›Michigan›Lenawee County›Adrian›49221›1246 University Ave

This home is located at 1246 University Ave in Adrian, MI and zip code 49221. This 1,368 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $233,000.

Adrian, MI housing market in October 2024 saw over 9 listings sold above listed price, more than 8 sold at listed price and over 20 sold below. The number of homes for sale in Adrian, MI decreased by 0.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $185,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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