NOT LISTED FOR SALE

1553 Oak St Monroe, MI 48161

Southeast Monroe Neighborhood

Estimated Value: $56,716 - $99,000

2 Beds
1 Bath
680 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $52,000 $76 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $438/month

20 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 4-minute walk to Martin Luther King Jr. Memorial Park
  • Porch

About This Home

As of October 2023

This home is a great investment opportunity and a great location. It is currently occupied with a tenant that would be willing to extend their lease with the new home owner. If you plan to make this your primary residence, the tenant will need 45 to 60 days to relocate.

Last Agent to Sell the Property

Mike Nafsou

Keller Williams Realty Lakeside License #MISPE-6501401641 Listed on: 06/07/2023

Keller Williams Realty Lakeside

Last Buyer's Agent

Non Mls

Non-Mls License #BCAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 36x164

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 680 Sq Ft Home
  • Basement
  • Michigan Basement
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Hagans Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-49-00581-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$741

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 741
  • Year Built: 9999
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 9 x 8
  • Bedroom 2: On Entry Level, Dimensions: 8 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Dining Room: On Entry Level, Dimensions: 10 x 9
  • Kitchen: On Entry Level, Dimensions: 17 x 8
  • Living Room: On Entry Level, Dimensions: 19 x 9
  • Below Grade Sq Ft: 680
  • Above Grade Finished Sq Ft: 680
  • Total Finished Sq Ft: 680

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 36

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 55-49-00581-000
  • Zoning: Residential
  • Lot Dimensions: 36x164
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $416.00
  • Winter Tax: Year: 2022, Amount: $325.00
  • Total Tax: Amount: $741.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Farris Michelle M
Bought by
Jeanette Munnings Living Trust
Current Estimated Value
$72,179

Purchase Details

Closed on
Jul 10, 2023
Sold by
Farris Michelle M
Bought by
Jeanette Munnings Living Trust

Purchase Details

Closed on
May 31, 2022
Sold by
Farris Michelle M
Bought by
Robert V Farris Jr And Michelle M Farris Revo and Farris

Purchase Details

Closed on
Oct 31, 2019
Sold by
Farris Robert V
Bought by
Farris Michelle M

Purchase Details

Closed on
May 14, 2015
Sold by
Farris Robert V and Farris Sherry L
Bought by
Farris Robert

Purchase Details

Closed on
Mar 12, 2002
Sold by
Strahan Henry
Bought by
Farris Robert and Farris Sherry
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
Jeanette Munnings Living Trust $52,000 First Premier Title
Jeanette Munnings Living Trust $52,000 First Premier Title
Robert V Farris Jr And Michelle M Farris Revo -- Zajac Daniel J
Farris Michelle M -- None Available
Farris Robert $8,449 None Available
Farris Robert $7,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $52,000 +4.0% $76 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $50,000 -- $74 / 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 $727 $25,300 $25,300 $0
2024 $694 $22,190 $0 $0
2023 $450 $17,170 $0 $0
2022 $741 $17,170 $0 $0
2021 $651 $14,740 $0 $0
2020 $607 $11,180 $0 $0
2019 $582 $11,180 $0 $0
2018 $566 $9,580 $0 $0
2017 $339 $9,580 $0 $0
2016 $332 $9,660 $0 $0
2015 $461 $5,680 $0 $0
2014 $461 $5,680 $0 $0
2013 -- $7,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Nafsou

    Seller's Agent in 2023

    Mike Nafsou

    Keller Williams Realty Lakeside

    (586) 945-5830

    1 in this area

    123 Total Sales

    Mike Nafsou
    Section Image

  • N

    Buyer's Agent in 2023

    Non Mls

    Non-Mls

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50111456

Michigan Multiple Listing Service

APN: 55-49-00581-000

Michigan Monroe County Monroe 48161 Southeast Monroe

1553 Oak St, Monroe, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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