NOT LISTED FOR SALE

15117 S Dixie Hwy Monroe, MI 48161

Estimated Value: $247,000 - $305,000

3 Beds
3 Baths
2,116 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $225,000 $106 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,832/month

212 Days on Market

Highlights

  • 0.63 Acre Lot
  • Corner Lot
  • Porch
  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2022

Rental with 3 apartments on almost an acre corner lot in Monroe Township. Income when rented, $2200+. PROPERTY IS ALSO ZONED C-2 COMMERCIAL. A BUSINESS COULD USE DOWNSTAIRS APARTMENT, RENT UPSTAIRS. HIGH TRAFFIC COUNT ON M-125. 5 MILES FROM NEW FORD DISTRIBUTION CENTER,600+ NEW JOBS! AGENT OWNED CALL AGENT FOR DETAILS

Last Agent to Sell the Property

Brenda Montri

Howard Hanna - Monroe License #MCAR-6501243326 Listed on: 12/22/2021

Howard Hanna - Monroe

Last Buyer's Agent

Jeffery Tooley

Howard Hanna - Monroe License #MCAR-6501381635

Howard Hanna - Monroe

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 130x212
  • Private Entrance
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 58 12 160 169 00

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,581

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 2581
  • Year Built: 1920
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Outside Entrance
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 2116

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Exterior Features: Porch
  • Frontage: 130
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Private Entry

Lot Info

  • Assessor Parcel Number: 58 12 160 169 00
  • Location: Corner Lot
  • Lot Dimensions: 130x212
  • Acreage: 0.63
  • Lot Description: Deep Lot - 150+ Ft.
  • Zoning: Commercial, Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $592.00
  • Winter Tax: Year: 2021, Amount: $1,989.00
  • Total Tax: Amount: $2,581.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Aug 16, 2022
Sold by
Lbm Revocable Living Trust
Bought by
Hartline Alan
Seller's Agent
Brenda Montri
Howard Hanna - Monroe
Buyer's Agent
Jeffery Tooley
Howard Hanna - Monroe
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Current Estimated Value
$264,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,483
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Montri Larry L and Montri Brenda L
Bought by
Lbm Revocable Living Trust

Purchase Details

Closed on
Sep 26, 2019
Sold by
Montri Larry L and Montri Brenda L
Bought by
Lbm Revocable Living Trust
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 Buyer Sale Price Title Company
Hartline Alan -- None Listed On Document
Lbm Revocable Living Trust -- None Listed On Document
Lbm Revocable Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $225,000 0.0% $106 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $225,000 -6.2% $106 / Sq Ft
05/24/2022 05/24/22 Price Changed $239,900 -4.0% $113 / Sq Ft
01/06/2022 01/06/22 Price Changed $249,900 -3.8% $118 / Sq Ft
12/22/2021 12/22/21 For Sale $259,900 -- $123 / 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 $4,601 $106,100 $0 $0
2024 $1,057 $106,100 $0 $0
2023 $1,006 $87,150 $0 $0
2022 $2,703 $87,150 $0 $0
2021 $2,616 $83,350 $0 $0
2020 $2,581 $73,600 $0 $0
2019 $581 $73,600 $0 $0
2018 $2,301 $67,950 $0 $0
2017 $2,250 $60,400 $0 $0
2016 $2,236 $60,400 $0 $0
2015 $2,185 $49,550 $0 $0
2014 $2,158 $49,550 $0 $0
2013 -- $56,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50063085

Michigan Multiple Listing Service

APN: 12-160-169-00