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Adrian 49221
559 Northwestern Drive
$130,000
● House - Off Market

559 Northwestern Drive

Adrian, MI 49221
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$752
Est. Monthly

About This Property

Cute and cozy bungalow in Adrian! This 3-bedroom, 1-bath home features an open floor plan with a good-sized living room and an eat-in dining area. The kitchen offers plenty of counter and cabinet space for a smaller home, and the convenience of main-floor laundry makes everyday living easy. Outside, you'll appreciate the carport, additional storage shed, and manageable yard. A great place to call home.''
Unit Size
1,008 Ft²
Days on Market
32 days
Land Size
0.16 acres
Price per sqft
$124
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 8 months ago (MichRIC MLS #26006334)

Price History

Date / Event Date Event Price
Mar 24, 2026 Sold
Premium
Sold
Feb 26, 2026 In contract -
In contract
Feb 20, 2026 Listed by Heart for Homes, LLC $124,900
Listed by Heart for Homes, LLC
Oct 19, 2017 Sold
Premium
Sold
May 30, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 10
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWESTERN HEIGHTS
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 19 NORTHWESTERN HEIGHTS

Neighborhood

  • School District Name: Adrian City School District
  • School Tax School District: SCH: 46010
  • Census Tract: 061400

Zoning

  • Zoning: R-4

Geography

  • District: XA0
  • Parcel: XA0-675-0037-00
  • Lot: 19
  • Municipality: ADRIAN CITY
  • Latitude: 41.9082
  • Longitude: -84.045

    Address

  • Full Address: 559 Northwestern Dr
  • Address - House Number: 559
  • Address - Street Name: Northwestern
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Adrian
  • Carrier Code: C017
  • 4-Digit Zip Code: 1454
  • Zip Code: 49221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 129,106
  • High Value: 160,332
  • Low Value: 97,881

    Market Valuation

  • Market Total Value: $81,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2017
  • Current Sale Recording Date: Oct 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 30, 2007
  • Previous Sale Contract Date: May 30, 2007
  • Previous Sale Amount: $79,900
  • 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 Adrian

Stats & Trends

Median Asking:

$171,500

Sale Price/ft²

$127

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1120 ft²

Average Home Age

124.3 years

Currently For Sale

11 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: TAD FRENCH, Heart for Homes, LLC
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 26006334
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 559 Northwestern Drive built and last sold?
The property at 559 Northwestern Drive was built in 1949 and last sold on Oct 17, 2017 for $77,000.
How much is this home worth?
The estimated value of the home located at 559 Northwestern Drive is $0.
What are some comparable homes to 559 Northwestern Drive?
There are currently no comparable homes to 559 Northwestern Drive.
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