NOT LISTED FOR SALE

160 Riverview Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $191,543 - $213,000

4 Beds
2 Baths
1,631 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $129,900 $80 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,277/month

42 Days on Market

Highlights

  • Contemporary Architecture
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of December 2020

Great Opportunity! for a Live-in Income Home, Investment as a Dual Rental Revenue Property or as a Single Family Residence. Yes, this duplex offers a lot of features, there are separate furnace's, water heater's, electrical panel's and water meter's creating the situation that each tenant is responsible for utilities/services. The lower unit has a living room, kitchen (includes refrigerator, oven-range), 2 bedrooms, full bath and use of the basement area. The upper unit (accessible via outside open stairs in back) offers a living room, kitchen (includes refrigerator, oven-range, washer & dryer), 2 bedrooms, full bath and use of the attic area. There is a 2 car garage with entrance area (off street) parking for 4-5 vehicles. As a Single Family Residence (stairway to 2nd floor still in-place) this presents the potential of 4-5 bedrooms (2 down & 2-3 up) and a large second floor laundry room in addition to the laundry area in the basement. There is a floored attic via stairway .

Last Agent to Sell the Property

Jim Alban

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502367373 Listed on: 09/03/2020

Berkshire Hathaway Home Service Kee Realty

Last Buyer's Agent

Jeffery Tooley

Howard Hanna - Monroe License #MCAR-6501381635

Howard Hanna - Monroe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1903

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 58-55-59-01262-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,297

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Contemporary
  • Flood Insurance: Not Required
  • Flood Plain: Unknown
  • Total Tax Amount: 2296.85
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Sideof Street: E
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 58-55-59-01262-000
  • Lot Dimensions: 50 x 120
  • Acreage: 0.14
  • Lot Description: Platted, Sidewalks
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,161.00
  • Winter Tax: Year: 2019, Amount: $1,135.85
  • Total Tax: Amount: $2,296.85

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 4, 2020
Sold by
Sottile Frank B and Sottile Janet M
Bought by
Hartline Alan
Seller's Agent
Jim Alban
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Jeffery Tooley
Howard Hanna - Monroe
List Price
$135,900
Sold Price
$129,900
Premium/Discount to List
-$6,000
-4.42%
Current Estimated Value
$199,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,236
Avg. Annual Appreciation
8.79%
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
Hartline Alan $129,900 Lawyers Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $129,900 -4.4% $80 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $135,900 -- $83 / 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 $2,835 $90,000 $90,000 $0
2024 $2,504 $89,530 $0 $0
2023 $2,851 $76,620 $0 $0
2022 $3,823 $76,620 $0 $0
2021 $3,737 $70,310 $0 $0
2020 $2,360 $62,310 $0 $0
2019 $2,262 $62,310 $0 $0
2018 $2,412 $50,780 $0 $0
2017 $2,404 $50,780 $0 $0
2016 $2,082 $46,950 $0 $0
2015 $2,013 $35,670 $0 $0
2014 $2,013 $35,670 $0 $0
2013 -- $40,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Alban

    Berkshire Hathaway Home Service Kee Realty

    (734) 625-3009

    2 in this area

    7 Total Sales

    Jim Alban
    Section Image
  • Jeffery Tooley

    Buyer's Agent in 2020

    Jeffery Tooley

    Howard Hanna - Monroe

    (734) 790-8582

    30 Total Sales

    Jeffery Tooley
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50022808

Michigan Multiple Listing Service

APN: 55-59-01262-000

Michigan Monroe County Monroe 48162 Northeast Monroe

160 Riverview Ave, Monroe, MI

Not Listed for Sale

MultiFamily

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