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7224 US Highway 223

Adrian, MI 49221

3 bd 2 ba 1,378 sqft Built 1900 Lot 18,731 sqft single_family
Most recent sale
$185,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $185,000 Public Record
Jul 5, 2022 Price changed $190,000 MLS #50079632
Jun 22, 2022 Listed $199,500 MLS #50079632
Aug 23, 2018 Sold $125,000 MLS #3257216
Aug 14, 2018 Price changed $129,900 MLS #3257216
Jul 10, 2018 Relisted $135,000 MLS #3257216
Jun 18, 2018 Listed $135,000 MLS #21458996
Jun 8, 2018 Listed $135,000 MLS #3257222
May 29, 2018 Listed $135,000 MLS #3257216
Dec 12, 2017 Price changed $47,600 MLS #31333479
Nov 15, 2017 Price changed $57,600 MLS #31333479
Oct 18, 2017 Listed $67,600 MLS #31333479

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $53,600 $595
2020 $48,900 $1,323
2019 $48,000 $1,291
2018 $43,500 $984
2017 $42,400 $945
2016 $38,000 $939
2015 $35,800 $936
2014 $35,500 $929
2013 $37,000 $964
2012 $37,400 $959
2011 $38,400 $971
2010 $42,200 $1,028
2009 $48,500 $1,128
2008 $54,100 $592

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,378 sqft
Lot size
18,731 sqft
ZIP code
49221
City
Adrian
Street
US Highway 223
Coordinates
41.91131, -84.13414

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,067
Gross rental yield
13.41%
Implied cap rate
8.71%
Trend-extrapolated value

Frequently asked questions

When did 7224 US Highway 223 last sell?
7224 US Highway 223 most recently sold on Aug 9, 2022 for $185,000.
What is the current tax assessment for 7224 US Highway 223?
The most recent total assessment for 7224 US Highway 223 (year 2021) is $53,600 with $595 in property tax.
How does 7224 US Highway 223's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $185,000.
When was 7224 US Highway 223 built?
7224 US Highway 223 was built in 1900.
How does 7224 US Highway 223 compare to others on US Highway 223?
We track 8 other properties on US Highway 223. Browse the list under "Other properties on US Highway 223" to compare beds, baths, and sale history.
What are the property facts for 7224 US Highway 223?
7224 US Highway 223 is a 3 bed, 2 bath, 1,378 sqft, 18,731 sqft lot single_family.
Is 7224 US Highway 223 a flip candidate?
No — 7224 US Highway 223 does not appear in our flips dataset.
Is 7224 US Highway 223 a tax-appeal candidate?
No — 7224 US Highway 223 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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