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1408 East Gorman Road

1408 East Gorman Road, Adrian, MI 49221
Property in Madison
Sold Jun 29, 2012
$89,000
$91,326 by United Bank & Trust
Mortgage Due Jul 01, 2042
1408 East Gorman Road has been categorized by the local assessors in Adrian, MI as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1408 East Gorman Road has 1,718 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 44,867 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1408 East Gorman Road was last sold in Jun 29, 2012 for $89,000. According to our calculations, that's $51.80 per sqft. Current property owners are expected to pay $1,749 in taxes per year. The property on 1408 East Gorman Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $85,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,522
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,718
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LD BEG ON CTR LI OF E GORMAN RD AT A PT 1880.7 FT S 89^15'E FROM W 1/4 POST SEC 35 RUNN TH N 300 FT TH S 89^15'E 150 FT TH S 300 FT TH N 89^15'W 150 FT TO POB SEC 35

Ownership

  • Current Owner : FROST JEREMY
  • Previous Owner : SUMMERS HERBERT L
  • Previous Owner 2: SUMMERS RUTH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sand Creek Community Schools
  • School Tax School District: SCH: 46130
  • Census Tract: 061701

Geography

  • District: MD0
  • Section: 35
  • Parcel: MD0-135-1950-00
  • Municipality: MADISON TWP
  • Latitude: 41.8245
  • Longitude: -84.0345

    Address

  • Full Address: 1408 E Gorman Rd
  • Address - House Number: 1408
  • Street Direction: E
  • Address - Street Name: Gorman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Adrian
  • Carrier Code: R002
  • 4-Digit Zip Code: 9654
  • Zip Code: 49221

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,749

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 78
  • Final Value: 232,677
  • High Value: 272,676
  • Low Value: 192,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,326
  • First Open Lien Mortgage Lender: UNITED BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 29, 2012
  • First Open Lien Mortgage Loan Amount: $91,326
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Market Valuation

  • Market Total Value: $171,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jun 29, 2012
  • Current Sale Transaction ID: 1185053087
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED BANK & TRUST
  • First Mortgage Transaction Date: Jun 29, 2012
  • First Mortgage Loan Amount: $91,326
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

About Lenawee



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Frequently Asked Questions

What neighborhood is 1408 East Gorman Road located in?
The 1408 East Gorman Road is a located in the neighborhood of Madison in Lenawee, Adrian.
What is the average sales price for listings in 1408 East Gorman Road?
The average sales price for units in 1408 East Gorman Road is $0 currently.

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