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$194,900

Beds
4
Baths
2.0
sq ft
1,376

1616 E Gorman Rd, Adrian, MI 49221

1616 E Gorman Rd

Adrian, MI 49221

  • Pending
Discover this charming ranch-style home set on 1 acre of land, located south of Adrian on a quiet rural road. This updated residence features 4 bedrooms (including a versatile smaller bedroom ideal for an office) and 2 full baths. The spacious eat-in kitchen features brand-new cabinetry and a new refrigerator. Head towards the back of the house to find the primary ensuite with a full bath and walk-in closet. Recent updates include brand-new linoleum flooring and carpet, central A/C, vinyl siding, roof, furnace, and plumbing. With abundant natural light and an unfinished basement offering extra storage or future potential, this home combines comfort and functionality in a tranquil setting.

Details

Property type

Single Family Residence

Est. home value

$188,978

Lot size

1.01 acres

Price per sq ft

$142

Year built

1957

Annual property taxes

$3,443.6

Price History

11/02/2024
MiRealSource

MiRealSource #50159768

Pending
$194,900
10/30/2024
MiRealSource

MiRealSource #50159768

Listed
$194,900
+47.65%
01/23/2019
MiRealSource

MiRealSource #31366593

Sold
$132,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Madison School District (Lenawee)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Union Home Mortgage

Loan start date

January 2019

Original loan amount

$118,800

Est. remaining balance

Not provided

Interest rate

4.75%

Loan type

Purchase Money Mortgage, 30 year

Seller

Brion Lochonic

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/05/2024 at 9:45 AM

Listing updated: 11/01/2024 at 9:40 PM

Listed by: Michael Kobreek, Goedert Real Estate - Adr Phone #: (517) 265-9644

MLS: MiRealSource #50159768

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