Seller's Agent in 2025
Sheila Bussell
Home Time Realty
(734) 755-6450
6 in this area
128 Total Sales
111 W 7th St Monroe, MI 48161
Southwest Monroe Neighborhood
4
Beds
3
Baths
1,760
Sq Ft
0.25
Acres
Highlights
- Corner Lot
- Ceiling Fan
- 2-minute walk to Memorial Park
- 3 Car Detached Garage
About This Home
As of July 2025Welcome to this beautifully maintained Triplex, perfectly situated in Monroe Township, just minutes from downtown, shopping and expressways This property offers the ideal blend of comfort, convenience, and income potential. This is a prime opportunity for house-hackers, extended families, or savvy investors. Live in one unit and rent out the other two, to offset your mortgage, or rent all the units for strong cash flow in a high-demand rental market.
Last Agent to Sell the Property
Home Time Realty License #MCAR-6505366134 Listed on: 07/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 74x150
- Corner Lot
Parking
- 3 Car Detached Garage
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Basement
- Michigan Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Boiler Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 3 Units
- Mrs Mary A Mannings Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 55-29-00063-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2025
Closed on
Jul 22, 2025
Sold by
Badger Robert H
Bought by
Welch Corey J
Seller's Agent
Sheila Bussell
Home Time Realty
Buyer's Agent
Corey Welch
Real Estate One in Monroe
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,222
Avg. Annual Appreciation
11.22%
Purchase Details
Listed on
Jul 1, 2025
Closed on
Jun 3, 2025
Sold by
Snac Properties Llc
Bought by
Badger Robert H
Seller's Agent
Sheila Bussell
Home Time Realty
Buyer's Agent
Corey Welch
Real Estate One in Monroe
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
6
Purchase Details
Closed on
Mar 27, 2012
Sold by
Kinsey Barry C and Kinsey Kelly A
Bought by
Snac Properties Llc
Purchase Details
Closed on
Nov 29, 2011
Sold by
Monroe Bank And Trust
Bought by
Kinsey Barry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2010
Sold by
Lambert Joe
Bought by
Monroe Bank And Trust
Purchase Details
Closed on
Oct 30, 2002
Sold by
Keck Lena
Bought by
Nielson Jody and Nielson Lesa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
6.08%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | None Listed On Document | |
| Warranty Deed | $53,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $50,000 | -- | |
| Sheriffs Deed | $75,516 | -- | |
| Deed | $147,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | New Conventional | |
| Previous Owner | $132,300 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Sold | $145,000 | -3.3% | $82 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $150,000 | -- | $85 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,062 | $87,800 | $87,800 | $0 |
| 2024 | $1,968 | $84,680 | $0 | $0 |
| 2023 | $1,882 | $69,010 | $0 | $0 |
| 2022 | $3,545 | $69,010 | $0 | $0 |
| 2021 | $3,427 | $63,060 | $0 | $0 |
| 2020 | $3,247 | $55,930 | $0 | $0 |
| 2019 | $3,110 | $55,930 | $0 | $0 |
| 2018 | $3,027 | $51,190 | $0 | $0 |
| 2017 | $2,965 | $51,190 | $0 | $0 |
| 2016 | $1,629 | $52,520 | $0 | $0 |
| 2015 | $1,574 | $36,750 | $0 | $0 |
| 2014 | $1,574 | $36,750 | $0 | $0 |
| 2013 | -- | $27,470 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sheila Bussell
-
Corey Welch
Buyer's Agent in 2025
Corey Welch
Real Estate One in Monroe
(734) 260-6538
38 in this area
889 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50180279
APN: 55-29-00063-000
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Source MLS: MiRealSource
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