4 months on rocket

705 College Ave, Adrian, MI, 49221

$114,900

Home List Price

$1,364*

Closing Credit

5 Bedrooms
2 Full Baths
2,007 SqFt
$57/SqFt
Multi

Location

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705 College Ave, Adrian$114,900

Buyer Closing Credits

$1,364*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAssigned2Spaces, Carport
Year Built1880
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #56050149394
Lot Size0.14 Acres
StatusActive

About 705 College Ave

Duplex on Adrians west side on the corner of Park and College. Close to Adrian College. Upper unit has been totally renovated. Some newer windows. Main floor apartment has 3 bedrooms 1 bath. Upstairs apartment has 1 bedroom 1 bath.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1880
  • Living Area: 2,007 SqFt

Listing Office:

  • Office Name: Foundation Realty, LLC
  • Office Phone: (517) 266-8888
  • Listing Agent: Marcia Randall

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Assigned2Spaces, Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,900
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $2,332
  • 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

$116

Avg. Days On Market

57

# of Sold Homes

31

705 College Ave vs Adrian

148 DAYS ON ROCKET

+91 Days

$114,900

-$70.1K Less

$57/SqFt

-$60 Less

KEY TAKEAWAY

This property is $70.1K less than the Median Sold Price and $60/SqFt less 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: #56050149394

Listing Office:

  • Office Name: Foundation Realty, LLC
  • Office Phone: (517) 266-8888
  • Listing Agent: Marcia Randall

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: 12/18/2024, 12:21:08 PM 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$2,332$55,200
2019$2,295$48,000
2018$2,185$47,200
2017$2,167$44,700

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-4534553
5
/10

  • Lincoln Elementary School

  • 158 S Scott St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-4534554
4
/10

  • Alexander Elementary School

  • 520 Cherry St

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-4534555
3
/10

  • Michener Elementary School

  • 104 Dawes Ave

  • 1.18 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 $30,086. Typical income of Adrian, MI residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Lenawee County›Adrian›49221›705 College Ave

This home is located at 705 College Ave in Adrian, MI and zip code 49221. This 2,007 square foot home, which was built in 1880, sits on a 0.14 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $114,900.

In November 2024, from all listings sold in Adrian, MI there were more than 10 sold above asking price, over 15 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Adrian, MI between October 2024 and November 2024 decreased by 2%. In November 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $185,000.

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

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