$285,000
SOLD AUG 26, 2025
4 Beds
4 Baths
3,540 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

5% Below List Price

33 Days on Market

Highlights

  • 4 Car Detached Garage
  • Ceiling Fan
  • 3-minute walk to Navarre Field

About This Home

As of August 2025

Exquisitely maintained Quadplex located in a quiet pocket of Monroe. This is the perfect opportunity for an investor looking for solid multi-family property with a long track record of hosting stable tenants. Each unit is a 1BR/1Bath with charming layout & craftmanship. Each unit has exterior access with common stairways on front and each side of the back of the property. Tenants share basement access with some storage and washer/dryer that is tenant maintained currently. Partially fenced yard with a detached 4-car garage currently being utilized by tenants. Common Gas & water with each tenant paying their own electric. All tenants currently under lease. You will not want to miss out on this one! BATVAI

Last Agent to Sell the Property

Mitch Petree

Key Realty One LLC - South Monroe License #MCAR-6501452803 Listed on: 07/05/2025

Co-Listed By

Douglas Dale

Key Realty One LLC - South Monroe License #MCAR-6506047127

Last Buyer's Agent

Mitch Petree

Key Realty One LLC - South Monroe License #MCAR-6501452803 Listed on: 07/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48x127

Parking

  • 4 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Boiler Heating System
  • Separate Meters

Community Details

  • 4 Units
  • Guettler Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-39-00095-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 8351
  • Total Tax Year: 2024
  • Year Built: 1919
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Common
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Sidewalks
  • Frontage: 48
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 4

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 55-39-00095-000
  • Lot Dimensions: 48x127
  • Acreage: 0.14
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years, Month-To-Month

Tax Info

  • Summer Tax: Year: 2024, Amount: $4,230.00
  • Winter Tax: Year: 2024, Amount: $4,121.00
  • Total Tax: Year: 2024, Amount: $8,351.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2025
Closed on
Aug 26, 2025
Sold by
Haynes Holdings Llc
Bought by
Siemens Ryan and Siemens Angela
Seller's Agent
Mitch Petree
Key Realty One LLC - South Monroe
Buyer's Agent
Mitch Petree
Key Realty One LLC - South Monroe
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Views
30
Current Estimated Value
$290,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,914
Avg. Annual Appreciation
5.87%
Original Mortgage
$213,750
Outstanding Balance
$213,750
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$77,164

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 30, 2019
Sold by
Sexton Brian P
Bought by
Schwerin Jason S and Schwerin Alfred L
Seller's Agent
Gary DeGrandchamp
Real Estate One-Northville
Buyer's Agent
Jason Schwerin
Great Lakes Real Estate Agency LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$138,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1997
Sold by
Diroff Donald L
Bought by
Souva Luann M and Souva Thomas J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $285,000 Lawyers Title Agency Of Monroe
Warranty Deed $185,000 None Available
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,750 New Conventional
Previous Owner $138,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2025 08/26/25 Sold $285,000 -5.0% $81 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
07/05/2025 07/05/25 For Sale $299,900 +30.4% $85 / Sq Ft
07/27/2022 07/27/22 Sold $230,000 -11.2% $65 / Sq Ft View Prior Sale
07/11/2022 07/11/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $259,000 +40.0% $73 / Sq Ft
08/30/2019 08/30/19 Sold $185,000 0.0% $52 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Rented $650 -99.6% --
07/11/2019 07/11/19 Under Contract -- -- --
07/11/2019 07/11/19 Pending -- -- --
06/11/2019 06/11/19 Off Market $185,000 -- --
05/18/2019 05/18/19 For Rent $650 0.0% --
04/29/2019 04/29/19 For Sale $199,900 -- $56 / 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
2025 $4,397 $138,400 $138,400 $0
2024 $4,230 $137,500 $0 $0
2023 $4,045 $108,590 $0 $0
2022 $6,248 $108,590 $0 $0
2021 $6,028 $101,530 $0 $0
2020 $5,701 $93,180 $0 $0
2019 $4,127 $93,180 $0 $0
2018 $4,016 $80,700 $0 $0
2017 $3,846 $80,700 $0 $0
2016 $3,772 $77,270 $0 $0
2015 $3,645 $65,580 $0 $0
2014 $3,645 $65,580 $0 $0
2013 -- $63,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50180746

Michigan Multiple Listing Service

APN: 55-39-00095-000