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2048 Richards St

Adrian, MI 49221

3 bd 1 ba 908 sqft Built 1942 Lot 14,810 sqft single_family
Most recent sale
$159,900
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2026 Sold $120,000 Public Record
Mar 4, 2026 Listed $135,000 Realcomp
Jul 22, 2022 Sold $159,900 Public Record
Jun 14, 2022 Price changed $159,900 MLS #50076832
Jun 3, 2022 Listed $164,900 MLS #50076832
Jan 30, 2014 Listing removed $40,400 Lenawee
Dec 30, 2013 Price changed $40,400 MLS #20008553
Nov 21, 2013 Price changed $42,500 MLS #20008553
Oct 10, 2013 Price changed $44,700 MLS #20008553
Aug 20, 2013 Relisted $47,000 MLS #20008553
Aug 16, 2013 Listing removed $47,000 Lenawee
Jul 29, 2013 Listed $47,000 MLS #20008553

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $44,900 $1,153
2020 $46,200 $2,069
2019 $45,100 $2,094
2018 $43,900 $2,003
2017 $44,000 $1,949
2016 $41,300 $1,892
2015 $42,500 $1,909
2014 $44,700 $2,008
2013 $46,000 $1,195
2012 $45,100 $1,134
2011 $46,700 $1,216
2010 $50,300 $1,234
2009 $51,700 $1,263
2008 $52,000 $820

Property facts

Year built
1942
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
908 sqft
Lot size
14,810 sqft
ZIP code
49221
City
Adrian
Street
Richards St
Coordinates
41.87318, -84.02239

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,362
Gross rental yield
10.22%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 2048 Richards St last sell?
2048 Richards St most recently sold on Jul 22, 2022 for $159,900.
What is the current tax assessment for 2048 Richards St?
The most recent total assessment for 2048 Richards St (year 2021) is $44,900 with $1,153 in property tax.
How does 2048 Richards St's assessment compare to its last sale price?
The current assessment is 71.9% below the last sale price of $159,900.
When was 2048 Richards St built?
2048 Richards St was built in 1942.
How does 2048 Richards St compare to others on Richards St?
We track 8 other properties on Richards St. Browse the list under "Other properties on Richards St" to compare beds, baths, and sale history.
What are the property facts for 2048 Richards St?
2048 Richards St is a 3 bed, 1 bath, 908 sqft, 14,810 sqft lot single_family.
Is 2048 Richards St a flip candidate?
No — 2048 Richards St does not appear in our flips dataset.
Is 2048 Richards St a tax-appeal candidate?
No — 2048 Richards St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$254.6K
2026 Q4
$260.2K
ZIP 49221 — Median Price History + Forecast

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