$44,910 EMV

4 Beds   1 Bath   1,752 Sq. Ft.   Single-Family
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Michigan Ave
Adrian, MI 49221

Overview

This Single-Family is located at Michigan Ave, Adrian, MI 49221. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 1 Bath , 1,752 sqft of living space.
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Status: Inactive
Listing ID: 59981785
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Learn about Michigan Ave in Adrian, MI

This single-family property is available as a foreclosure at Michigan Ave. It has 4 bedrooms, 1 bathrooms, and 1,752 square feet of living space. Based on our analysis of the current market conditions in Adrian for Michigan Ave and comparable listings, the estimated market value is $44,910. If purchased for rental purposes, the monthly rental rate could range between $980 and $1,321. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Michigan Ave are updated daily along with others in Adrian, Michigan.


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Property Information

  • Bedrooms: 4
  • Bathrooms: 1
  • Living Area Size: 1,752
  • Lot Size: 0.18 acres
  • Fireplace: no
  • Heating Type: Gas
  • Year Built: 1900
  • Source ID: 501337151246AUCN46
  • Day(s) On Site: 387
  • Subdivision: MERRICKS ADD
  • Property Type: Single Family Dwelling
  •  

Public Records

  • Land Area Sqft: 7,841
  • APN: XA0-650-0010-00
  • Property Type: Single Family Residence
  • Township: ADRIAN CITY
  • Subdivision: MERRICKS ADD
  •  

Community & Neighborhood

This property in Adrian, MI is located in the Merricks Add Subdivision.


Foreclosure

The property located at Michigan Ave in Adrian, MI is listed as a Foreclosure

Properties like Michigan Ave in Adrian, Michigan listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Adrian, MI. The longer lenders own properties like this on Michigan Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Address: Michigan Ave Adrian MI 49221

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Auction Information

  • Minimum Bid: $50,000

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Rental Value

The estimated rental value for Michigan Ave located in Adrian, MI is $1,151/month. Comparable homes around Michigan Ave that are rentals have monthly ranges starting as low as $980 per month and as high as $1,321 per month. An owner looking to use this property as an investment could bring a return in the area of $980 - $1,321 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
08/27/12 05/24/13 Bankruptcy

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Homes On This Street
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Michigan Ave
Adrian, MI 49221

4 Beds   1 Bath   1,752 sq. ft.   Single-Family

$44,910 EMV

Status: Inactive Listing ID: 59981785

Property Information

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Public Records

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Property Description

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Listing URL

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