2502 Lakewood Dr
Adrian, MI 49221
2 bd 2 ba 1,243 sqft Built 1999 Lot 1,841 sqft condo
Most recent sale
$172,000
Dec 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 21, 2022 | Sold | $172,000 | Public Record |
| Dec 16, 2022 | Listing removed | — | Lenawee |
| Oct 13, 2022 | Listed | $177,500 | Lenawee |
| Mar 29, 2017 | Sold | $112,500 | Public Record |
| Mar 23, 2017 | Listing removed | $112,500 | Lenawee |
| Mar 1, 2017 | Relisted | $112,500 | Lenawee |
| Jan 19, 2017 | Listing removed | $112,500 | Lenawee |
| Jul 29, 2016 | Listed | $112,500 | Lenawee |
| Sep 26, 2013 | Listing removed | $99,900 | Lenawee |
| Sep 21, 2013 | Listed | $99,900 | Lenawee |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $53,600 | $1,522 |
| 2020 | — | — | $55,300 | $1,571 |
| 2019 | — | — | $55,200 | $1,581 |
| 2018 | — | — | $55,000 | $1,589 |
| 2017 | — | — | $53,200 | $1,293 |
| 2016 | — | — | $48,700 | $1,238 |
| 2015 | — | — | $47,900 | $1,198 |
| 2014 | — | — | $45,500 | $1,180 |
| 2013 | — | — | $43,300 | $1,124 |
| 2012 | — | — | $45,600 | $1,146 |
| 2011 | — | — | $50,600 | $1,239 |
| 2010 | — | — | $55,400 | $1,358 |
| 2008 | — | — | $62,300 | $981 |
| 2007 | — | — | $63,500 | $1,501 |
Property facts
Year built
1999
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,243 sqft
Lot size
1,841 sqft
ZIP code
49221
City
Adrian
Street
Lakewood Dr
Coordinates
41.87564, -84.05554
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,865
Gross rental yield
13.01%
Implied cap rate
8.46%
Trend-extrapolated value
—
Frequently asked questions
When did 2502 Lakewood Dr last sell?
2502 Lakewood Dr most recently sold on Dec 21, 2022 for $172,000.
What is the current tax assessment for 2502 Lakewood Dr?
The most recent total assessment for 2502 Lakewood Dr (year 2021) is $53,600 with $1,522 in property tax.
How does 2502 Lakewood Dr's assessment compare to its last sale price?
The current assessment is 68.8% below the last sale price of $172,000.
When was 2502 Lakewood Dr built?
2502 Lakewood Dr was built in 1999.
How does 2502 Lakewood Dr compare to others on Lakewood Dr?
We track 8 other properties on Lakewood Dr. Browse the list under "Other properties on Lakewood Dr" to compare beds, baths, and sale history.
What are the property facts for 2502 Lakewood Dr?
2502 Lakewood Dr is a 2 bed, 2 bath, 1,243 sqft, 1,841 sqft lot condo.
Is 2502 Lakewood Dr a flip candidate?
No — 2502 Lakewood Dr does not appear in our flips dataset.
Is 2502 Lakewood Dr a tax-appeal candidate?
No — 2502 Lakewood Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$254.6K
2026 Q4
$260.2K
ZIP 49221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakewood Dr