NOT LISTED FOR SALE

14550 Linda Dr Monroe, MI 48161

Estimated Value: $299,000 - $749,000

Studio
-- Bath
3,963 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $177,000 $45 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,588/month

26 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • Laundry Facilities
  • Wheelchair Access

About This Home

As of December 2017

Looking for a money maker ? Here it is, six apartments all under one roof with a separate coin laundry room and patio's in back. The units are occupied on a month to month basis and tenants would stay if offered. These units can use some light TLC but all have been maintained to keep the tenants safe and comfortable and all are suitable for rental. The outside is maintenance free brick. ALL offers MUST include the signed attached Shared Driveway Amendment

Last Agent to Sell the Property

William Vandaele

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501366773 Listed on: 11/03/2017

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Julie Gerweck-Dazel

Gerweck Real Estate in Monroe License #MCAR-6502341176

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.43

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Wheelchair Access
  • Patio
  • Lot Dimensions are 90 x 224

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 12-205-071-00

Property Details

Home Type

Multi-Family

Lot Details

0.43 Acres

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Year Built: 9999
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Construction: Brick
  • Exterior Features: Wheelchair Access, Patio
  • Foundation Type: Slab

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 12-205-071-00
  • Lot Dimensions: 90 X 224
  • Zoning: Commercial
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer
  • Lease Information: Month-To-Month

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Dec 15, 2017
Sold by
Synod Residential Services
Bought by
Gdg Investments
Seller's Agent
William Vandaele
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Julie Gerweck-Dazel
Gerweck Real Estate in Monroe
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%
Current Estimated Value
$479,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,428
Avg. Annual Appreciation
12.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gdg Investments $177,000 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $177,000 -1.7% $45 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $180,000 -- $45 / 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 $1,413 $177,950 $43,700 $134,250
2024 $1,370 $178,450 $0 $0
2023 $1,305 $143,400 $0 $0
2022 $5,393 $143,400 $0 $0
2021 $5,215 $129,450 $0 $0
2020 $5,144 $112,300 $0 $0
2019 $1,164 $112,300 $0 $0
2018 $4,573 $0 $0 $0
2017 $34 $178,916 $0 $0
2016 $33 $0 $0 $0
2015 $37 $0 $0 $0
2014 $40 $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21396626

Michigan Multiple Listing Service

APN: 12-205-071-00

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