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Lenawee 49221
4897 Moore Road
$290,000
● House - Off Market

4897 Moore Road

Adrian, MI 49221
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,538 Ft²
$289,209
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Adorable Home with new insulated pole barn nestled on 1.64 Acres and surrounded by fields and nature.  The inviting front porch and rear deck are just waiting for you to enjoy! Beautifully remodeled in 2016, this move-in ready home offers a great open floorplan including a large living room, family room & spacious dining area. Main floor Primary w private full bath tucked nearby. Laundry and 2nd full bath is just inside the back door. Upstairs find 2 spacious bedrooms and a half bath. Full ''Michigan'' basement w/concrete floor houses storage, mechanicals & Radon Mitigation system. New in 2019 the 55x29 heated pole barn w/2 garage doors & openers. They use for play area for the kids & adults adding living space. Close to Adrian yet on a secluded Road & surrounded by fields
Unit Size
1,538 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$189
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23014827)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 8, 2023 Listed by ERA REARDON REALTY, L.L.C. $290,000
Listed by ERA REARDON REALTY, L.L.C.
Nov 7, 2016 Sold
Premium
Sold
Jun 15, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,438
  • Total Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001640
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD BEG 941.34 FT E FROM NW COR SEC 21 RUNN TH E ALG N SEC LI 197 FT TH S 363 FT TH W 197 FT TH N 363 FT TO POB SEC 21

Neighborhood

  • School District Name: Adrian City School District
  • School Tax School District: SCH: 46010
  • Census Tract: 060600

Zoning

  • Zoning: IN

Geography

  • District: AD0
  • Section: 21
  • Parcel: AD0-121-1050-00
  • Municipality: ADRIAN TWP
  • Latitude: 41.9415
  • Longitude: -84.0808

    Address

  • Full Address: 4897 Moore Rd
  • Address - House Number: 4897
  • Address - Street Name: Moore
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Adrian
  • Carrier Code: R007
  • 4-Digit Zip Code: 9541
  • Zip Code: 49221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $128,293

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: May 10, 2023
  • Confidence Score: 75
  • Final Value: 243,570
  • High Value: 289,329
  • Low Value: 197,810

    Market Valuation

  • Market Total Value: $170,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2016
  • Current Sale Recording Date: Nov 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 15, 2006
  • Previous Sale Contract Date: May 26, 2006
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Kathy Byerly, ERA REARDON REALTY, L.L.C.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23014827
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4897 Moore Road built and last sold?
The property at 4897 Moore Road was built in 1880 and last sold on Nov 4, 2016 for $151,500.
How much is this home worth?
The estimated value of the home located at 4897 Moore Road is $0.
What are some comparable homes to 4897 Moore Road?
There are currently no comparable homes to 4897 Moore Road.
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