$17,000
SOLD OCT 30, 2013

1116 E 4th St Monroe, MI 48161

Southeast Monroe Neighborhood
-- Bed
-- Bath
2,480 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

65% Below List Price

200 Days on Market

About This Home

As of June 2016

This side by side duplex is a great money maker! Both units are spacious, contain three bedrooms, one bath with access to basement and have sperate utilities. Recent updates include newer vinyl windows throughout and newer furnace in unit 118. This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Tom Wagner

Howard Hanna - Monroe License #MCAR-6501310943 Listed on: 03/28/2013

Howard Hanna - Monroe

Last Buyer's Agent

Nmls Nmls

Non-MLS Member License #MCAR-2753

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Home Design

  • Duplex
  • Vinyl Siding

Schools

  • Monroe High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 51x60

Community Details

  • 2 Units
  • Stewart Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58554901208000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Year Built: 1925
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Estimated Sq Ft: 2480

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Schools

  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 58554901208000
  • Lot Dimensions: 51x60

Tax Info

  • Summer Tax: Amount: $732.00
  • Winter Tax: Amount: $832.00
  • Total Tax: Amount: $1,564.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools
  • HighSchool: MONROE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Monroe Home Rentals Llc
Bought by
Custer Properties Llc
Current Estimated Value
$118,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Outstanding Balance
$272,024
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$145,691

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 31, 2016
Sold by
Jd Investments Llc
Bought by
Monroe Home Rentals Llc
Seller's Agent
Jeffery Tooley
Key Realty One LLC in Monroe
Buyer's Agent
Jeffery Tooley
Key Realty One LLC in Monroe
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Nov 7, 2013
Sold by
Federal National Mortgage Association
Bought by
Jd Investment Llc
Seller's Agent
Tom Wagner
Howard Hanna - Monroe
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$49,100
Sold Price
$17,000
Premium/Discount to List
-$32,100
-65.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.24%

Purchase Details

Closed on
Jun 4, 2012
Sold by
Carman David M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Devon Title Agency
Deed $55,000 Lawyers Title
Deed $17,000 --
Sheriffs Deed $66,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,185,000 Future Advance Clause Open End Mortgage
Previous Owner $64,173 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $54,900 -8.3% $22 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $59,900 0.0% $24 / Sq Ft
04/14/2015 04/14/15 Rented $595 0.0% --
04/06/2015 04/06/15 Under Contract -- -- --
03/06/2015 03/06/15 For Rent $595 0.0% --
06/02/2014 06/02/14 Rented $595 0.0% --
06/02/2014 06/02/14 Under Contract -- -- --
04/25/2014 04/25/14 For Rent $595 0.0% --
10/30/2013 10/30/13 Sold $17,000 -65.4% $7 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $49,100 -- $20 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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
2024 $736 $43,900 $0 $0
2023 $704 $30,170 $0 $0
2022 $1,344 $30,170 $0 $0
2021 $1,292 $24,950 $0 $0
2020 $1,215 $22,610 $0 $0
2019 $1,164 $22,610 $0 $0
2018 $1,133 $19,160 $0 $0
2017 $1,270 $19,160 $0 $0
2016 $945 $19,530 $0 $0
2015 $1,007 $17,850 $0 $0
2014 $1,007 $17,850 $0 $0
2013 -- $22,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffery Tooley

    Seller's Agent in 2016

    Jeffery Tooley

    Key Realty One LLC in Monroe

    (734) 790-8582

    35 Total Sales

    Jeffery Tooley
    Section Image

  • R

    Seller's Agent in 2015

    Raynell Hayes

    Greater Detroit Realty LLC

    (313) 826-9562

    3 Total Sales

    Raynell Hayes
    Section Image
  • Andy Whisler

    Seller's Agent in 2014

    Andy Whisler

    Community Choice Realty Associates, LLC

    (248) 535-8264

    246 Total Sales

    Andy Whisler
    Section Image
  • Tom Wagner

    Seller's Agent in 2013

    Tom Wagner

    Howard Hanna - Monroe

    (734) 243-9232

    2 in this area

    205 Total Sales

    Tom Wagner
    Section Image

  • N

    Buyer's Agent in 2013

    Nmls Nmls

    Non-MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 20348489

Michigan Multiple Listing Service

APN: 55-49-01208-000

Michigan Monroe County Monroe 48161 Southeast Monroe

1116 E 4th St, Monroe, MI

This home is located at 1116 E 4th St, Monroe, MI 48161 and is currently priced at $17,000, approximately $6 per square foot. This property was built in 1925. 1116 E 4th St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

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