NOT LISTED FOR SALE

140 Michigan Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $203,000 - $231,485

4 Beds
2 Baths
2,436 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $135,000 $55 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,402/month

1 Day on Market

About This Home

As of May 2024

ACCEPTING BACKUP OFFERS!
Investor special! This duplex offers two rent-ready units with endless opportunities. Live in one side and rent the other to cover expenses. Add your creative touch to increase profits and value. Each unit features 2 bedrooms, 1 full bath, and hardwood floors. Enjoy the large front porch and fenced backyard. No escalation clauses accepted. House is sold as-is. Seller will not assume any repairs. Cash or conventional financing only. Don't miss out on this lucrative opportunity! BATVAI

Last Agent to Sell the Property

Priciliano Saenz

Tailored Real Estate Solutions License #6501413392 Listed on: 05/06/2024

Last Buyer's Agent

Priciliano Saenz

Tailored Real Estate Solutions License #6501413392 Listed on: 05/06/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,436 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 58555901440000

Community Details

Overview

  • 2 Units
  • Assr's Plat Of Winkworths Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 93860.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2436

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Parcel Number: 58555901440000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 2245.0000
  • Tax Amount Winter: 1451.0000
  • Total Tax: 3696.0000
  • Taxable Value: 71510.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 5, 2024
Sold by
Big Water Properties Llc
Bought by
Rnj Properties Llc
Seller's Agent
Priciliano Saenz
Tailored Real Estate Solutions
Buyer's Agent
Priciliano Saenz
Tailored Real Estate Solutions
List Price
$135,000
Sold Price
$135,000
Views
11
Current Estimated Value
$215,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,371
Avg. Annual Appreciation
32.50%
Original Mortgage
$142,500
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Listed on
May 6, 2024
Closed on
May 30, 2024
Sold by
Piatkowski Lora M
Bought by
Big Water Properties Llc
Seller's Agent
Priciliano Saenz
Tailored Real Estate Solutions
Buyer's Agent
Priciliano Saenz
Tailored Real Estate Solutions
List Price
$135,000
Sold Price
$135,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2022
Sold by
Piatkowski Lora M
Bought by
Piatkowski Lora M

Purchase Details

Closed on
Jun 28, 2017
Sold by
Dowler Jeff J and Dowler Lynette M
Bought by
Piatkowski Lora
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 Buyer Sale Price Title Company
Rnj Properties Llc $135,000 None Listed On Document
Big Water Properties Llc -- None Listed On Document
Piatkowski Lora M -- Morello Law Group
Piatkowski Lora $105,000 Hassett Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rnj Properties Llc $142,500
Closed Big Water Properties Llc $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $135,000 0.0% $55 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $135,000 -- $55 / Sq Ft
Source: Realcomp

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 $3,407 $99,300 $99,300 $0
2024 $2,348 $99,250 $0 $0
2023 $3,610 $84,840 $0 $0
2022 $3,610 $84,840 $0 $0
2021 $3,488 $77,770 $0 $0
2020 $3,281 $68,290 $0 $0
2019 $3,130 $68,290 $0 $0
2018 $3,044 $55,110 $0 $0
2017 $1,904 $55,110 $0 $0
2016 $2,274 $50,760 $0 $0
2015 $2,197 $37,940 $0 $0
2014 $2,197 $37,940 $0 $0
2013 -- $43,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Priciliano Saenz

    Tailored Real Estate Solutions

    (313) 528-3002

    1 in this area

    86 Total Sales

    Priciliano Saenz
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Map

Source: Realcomp

MLS Number: 20240028304

Realcomp

APN: 55-59-01440-000

Michigan Monroe County Monroe 48162 Northeast Monroe

140 Michigan Ave, Monroe, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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