$60,000
SOLD SEP 4, 2015
-- Bed
-- Bath
1,824 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

20% Below List Price

311 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 5-minute walk to Cappuccilli Park
  • Shed

About This Home

As of September 2019

Great income investment. Fully occupied with long term tenants. Newer windows, furnace, plumbing, roof. Walking distance to nearby stores. e-z access to I 75

Last Agent to Sell the Property

Savina Deluca

Century 21 Allstar Real Estate Team, Inc License #MCAR-6502108893 Listed on: 10/20/2014

Century 21 Allstar Real Estate Team, Inc

Co-Listed By

Caroline Cartwright

Century 21 Allstar Real Estate Team, Inc License #MCAR-6502130142

Last Buyer's Agent

Lee Garling

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501316533

Coldwell Banker Haynes R.E. in Monroe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Fenced Yard

Home Design

  • Duplex

Schools

  • Arborwood Elementary School
  • Monroe High School

Utilities

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

Additional Features

  • Oven or Range
  • Dryer
  • Basement Fills Entire Space Under The House
  • Shed

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 59-01359-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Sub Structure Types: Shed
  • Year Built: 1913
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 1824

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Fenced Yard
  • Foundation Type: Basement

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

Schools

  • Elementary School: ARBORWOOD
  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 59-01359-000
  • Lot Dimensions: 50x120
  • Acreage: 0.13
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer, Gas
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Amount: $1,117.00
  • Winter Tax: Amount: $1,235.00
  • Total Tax: Amount: $2,352.00

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: ARBORWOOD
  • School District: Monroe Public Schools
  • HighSchool: MONROE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 16, 2019
Sold by
Ideal Home Solutions Llc
Bought by
Bean Stephen
Seller's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%
Total Days on Market
311
Current Estimated Value
$195,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,628
Avg. Annual Appreciation
9.34%
Original Mortgage
$115,862
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 11, 2019
Sold by
Ideal Home Solutions Llc
Bought by
Bean Stephen
Seller's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,862
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2019
Sold by
Iacopelli Francesco and Iacopelli Joaquina
Bought by
Iacopelli Joaquina

Purchase Details

Listed on
Oct 20, 2014
Closed on
Sep 4, 2015
Sold by
Iacopelli Joaquina
Bought by
Ideal Home Solutions Llc
Seller's Agent
Savina Deluca
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$48,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 20, 2014
Closed on
Sep 3, 2015
Sold by
Diaz Maria
Bought by
Iacopelli Joaquina
Seller's Agent
Savina Deluca
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2014
Sold by
Iacopelli Francesco and Iacopelli Joaquina
Bought by
Diaz Maria
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 Type Sale Price Title Company
Warranty Deed $118,000 Lawyers Title
Warranty Deed $118,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $60,000 Lawyers Title
Quit Claim Deed -- Lawyers Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,212 FHA
Open $137,566 FHA
Closed $115,862 FHA
Closed $115,862 FHA
Previous Owner $48,000 Future Advance Clause Open End Mortgage
Previous Owner $48,000 Future Advance Clause Open End Mortgage
Previous Owner $31,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $118,000 -5.5% $65 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $124,900 +108.2% $68 / Sq Ft
09/04/2015 09/04/15 Sold $60,000 -19.9% $33 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $74,900 -- $41 / 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
2024 $2,210 $86,100 $0 $0
2023 $2,113 $73,490 $0 $0
2022 $3,398 $73,490 $0 $0
2021 $3,283 $67,400 $0 $0
2020 $3,077 $59,230 $0 $0
2019 $2,315 $59,230 $0 $0
2018 $2,671 $48,430 $0 $0
2017 $2,616 $48,430 $0 $0
2016 $2,565 $44,770 $0 $0
2015 $1,922 $34,060 $0 $0
2014 $1,922 $34,060 $0 $0
2013 -- $39,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 20423436

Michigan Multiple Listing Service

APN: 55-59-01359-000