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140 Greenly St, Adrian, MI, 49221

2beds
1baths
1,499sqft
$74,900
$50price/sqft
$685/moest. monthly cost
$27,400/yrincome needed

About This Home

Charming Brick Home with Great Potential! Don’t miss this opportunity to own a 2-bedroom, 1-bath brick 1.5-story home full of character and possibility! Located in the city, this home features an open floor plan that creates a spacious feel—perfect for entertaining or everyday living. Relax on the inviting front porch, ideal for morning coffee or winding down in the evening. Inside, you’ll find a solid layout ready for your personal touch. This home needs some TLC, making it a fantastic opportunity for investors, flippers, or buyers looking to build equity and customize a space to their taste. Highlights: 2 Bedrooms / 1 Bath Classic brick exterior 1.5-story layout Open concept living area Covered front porch City location close to amenities Bring your vision and make this home shine! Great potential at an affordable price. ?? Schedule your showing today!

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

5/10
4/10
4/10
Adrian High SchoolGrades 8-120.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,MI Basement

Bathroom1

  • Level: Main

Bedroom1

  • Level: Second
  • Area: 180

Bedroom2

  • Level: Second
  • Area: 117

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 196

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,499

Heating & Cooling

  • Heating features: Boiler,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,523
  • Total interior livable area: 1,499 sqft

Kitchen

  • Level: Main
  • Area: 140

Living Room

  • Level: Main
  • Area: 170

Property

Details

  • Parcel number: XA0325002100
  • Zoning description: Residential
  • Special condition: Real Estate Owned

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Porch
  • Waterfront features: None
  • Waterbody name: None
  • Frontage type: Road
  • Frontage length: 66

Lot

  • Lot size: 0.26 Acres
  • Lot size dimensions: 66 x 173

Parking

  • Total spaces: 2
  • Parking features: 2 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in Lenawee County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $378$4,536
Home Insurance *$48$576
Property Taxes $71$852
Electricity $188$2,259
Total$685$8,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,485/yr
40% on housing$20,550/yr
45% on housing$18,266/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$50This listing

vs Other Active Listings

Avg $/sqft

ZIP 49221$113
Lenawee County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 49221$143
Lenawee County$141

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2022-04-25Sold$57,138
2016-09-07Sold$65,000
2016-07-15Pending sale$64,900
2016-06-24Price change$64,900
2016-05-12Price change$69,900
2016-05-07Listed for sale$74,900

Unknown Listed By

AgentMarcia Randall
BrokerageFoundation Realty, LLC

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