NOT LISTED FOR SALE

1261 Michigan Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $203,000 - $224,000

3 Beds
1 Bath
1,179 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 1261 Michigan Ave, Monroe, MI 48162 and is currently estimated at $214,002, approximately $181 per square foot. 1261 Michigan Ave is a home located in Monroe County with nearby schools including Monroe High School, Triumph Academy, and Zion Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Arcabascio Vito
Bought by
Arcabascio Vito and Arcabascio Sebastian
Current Estimated Value
$214,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Outstanding Balance
$191,613
Interest Rate
0.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$22,389

Purchase Details

Closed on
Sep 8, 2023
Sold by
Vito Acabascio and Vito Arcabascio Vito
Bought by
Arcabascio Vito and Arcabascio Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
8.04%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 2, 2016
Sold by
Arcabascio Vito and Arcobascio Antonina
Bought by
Arcabascio Vito and Arcobascio Antonina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Arcabascio Vito -- Fnc Title Services Llc
Arcabascio Vito -- Fnc Title Services Llc
Arcabascio Vito -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcabascio Vito $284,250
Closed Arcabascio Vito $284,250
Previous Owner Arcabascio Vito $284,250
Source: Public Records

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 $1,970 $108,400 $108,400 $0
2024 $1,881 $95,770 $0 $0
2023 $1,798 $73,880 $0 $0
2022 $2,448 $73,880 $0 $0
2021 $2,368 $67,360 $0 $0
2020 $2,211 $64,680 $0 $0
2019 $2,100 $64,680 $0 $0
2018 $2,043 $58,790 $0 $0
2017 $2,004 $58,790 $0 $0
2016 $1,958 $55,530 $0 $0
2015 $1,776 $50,000 $0 $0
2014 $1,776 $50,000 $0 $0
2013 -- $44,220 $0 $0
Source: Public Records

Map

Michigan Monroe County Monroe 48162 Northeast Monroe

1261 Michigan Ave, Monroe, MI

Not Listed for Sale

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