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518 N Locust St, Adrian, MI, 49221

$156,750

Home List Price

$1,861*

Closing Credit

2 Bedrooms
1 Full Bath
1,227 SqFt
$128/SqFt
House

Location

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518 N Locust St, Adrian$156,750

Buyer Closing Credits

$1,861*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1940
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240071620
Lot Size0.20 Acres
StatusActive

About 518 N Locust St

Welcome to this delightful home in downtown Adrian! Relax and take in the neighborhood views from the covered front porch. Inside, the spacious and inviting layout offers plenty of room to unwind and entertain. The main level features a large bedroom, a sprawling living room, and a versatile dining room. The kitchen, situated at the rear of the home, provides easy access to a three-seasons porch - perfect for making grocery trips a breeze. Upstairs, you’ll find a large bedroom and a flexible room that can be adapted to your needs, whether as a home office, hobby space, or additional living area. The partially fenced backyard offers privacy and ample space for outdoor gatherings, gardening, or simply enjoying the open air. Attached oversized one car garage too. Conveniently located just a 10-minute walk from downtown Adrian restaurants and stores and a 12-minute stroll to Siena Heights University, this home is also just a 6-minute drive to Adrian College. Enjoy outdoor activities at nearby Trestle Park, just a few blocks away, or take a short trip to Heritage Park, only 3 miles from your door. With easy access to Ann Arbor, Jackson, and Toledo—all about 30 minutes away—this is the ideal home for both local living and commuting. Don’t miss your chance to make this charming residence your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,227 SqFt

Listing Office:

  • Office Name: Preview Properties PC
  • Office Phone: (810) 220-0000
  • Listing Agent: Lisa Bohlen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Furnished - Negotiable

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Sienna Heights to S on Locust

Price Information

Listing Price Info

Price Summary:

  • List Price: $156,750
  • Price Per SqFt: $128/SqFt

Tax Information:

  • Annual Amount: $1,276
  • 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

518 N Locust St vs Adrian

48 DAYS ON ROCKET

+7 Days

$156,750

-$28.2K Less

$128/SqFt

-$15 Less

KEY TAKEAWAY

This property is $28.2K less than the Median Sold Price and $15/SqFt less than other homes in Adrian, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240071620

Listing Office:

  • Office Name: Preview Properties PC
  • Office Phone: (810) 220-0000
  • Listing Agent: Lisa Bohlen

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, 4:20:52 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$1,276$29,500
2019$1,256$24,200
2018$1,196$21,500
2017$1,186$21,400

History based on county public records data.

Payment Calculator

$850

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$536

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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-378778
4
/10

  • Alexander Elementary School

  • 520 Cherry St

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-378779
5
/10

  • Lincoln Elementary School

  • 158 S Scott St

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-378780
3
/10

  • Michener Elementary School

  • 104 Dawes Ave

  • 1.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,795. Typical income of Adrian, MI residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 N Locust St

What is the listing price of this property?

The listing price of 518 N Locust St property is $156,750.

What type of property is this?

The property 518 N Locust St is a house located in Adrian, Michigan, 49221.

Is this property for sale now?

Active Listing: 518 N Locust St 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 $1,276 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 N Locust St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 518 N Locust St is 1,227 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 N Locust St is 1940.

Rocket Homes›Michigan›Lenawee County›Adrian›49221›518 N Locust St

This home is located at 518 N Locust St in Adrian, MI and zip code 49221. This 1,227 square foot home, which was built in 1940, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $156,750.

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. In October 2024 in Adrian, MI there were 0.7% less homes for sale than in September 2024. In October 2024 median list price was $185,000 and the average listing age was 41 days.

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

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