NOT LISTED FOR SALE

1960 Edgewater St Monroe, MI 48162

Estimated Value: $327,000 - $570,000

3 Beds
2 Baths
3,570 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $460,000 $129 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,211/month

81 Days on Market

Highlights

  • Boat Facilities
  • Waterfront
  • Deck
  • Pier or Dock
  • 0.37 Acre Lot
  • 3-minute walk to Edgewater Street Park

About This Home

As of November 2020

Envision yourself waking up everyday to the sound of crashing waves. If you can, then this is your new home!! This home commands panoramic views of the Lake Erie shoreline. Open Floor Plan Design and meticulous construction are what this home is about. The Kitchen blends into a spacious open Great Room for Formal Dining in style or comfortable lounging by the fireplace. The entire top floor is the Owners Suite. Sit and relax with a cup of coffee and enjoy the morning sunrise on the Lake View terrace. Large walk in closets, spa-style bath, and a cozy fireplace add to this beautiful oasis . With 6 foot glass vanishing doors - open to a mid-level Large Deck Patio perfect for al fresco cocktails or is large enough for all your party needs. The home has a 4 Car Garage with lower level storage for all your Lake toys. Detroit Beach Boat Club is just a few blocks away for all your boating needs. This is a truly magnificent Lake View home. Luxury that today's buyers demand!

Last Agent to Sell the Property

Sheila Bussell

Key Realty One LLC - Roessler License #MCAR-6505366134 Listed on: 07/09/2020

Last Buyer's Agent

Deanna Coleman

Real Estate One Southgate License #MCAR-6501366270

Real Estate One Southgate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 50 x 324
  • Waterfront

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Workshop in Garage

Outdoor Features

  • Seawall
  • Boat Facilities
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 07-776-071-00

Community Details

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 1997

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 3658.83
  • Total Tax Year: 2020
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Ceramic Floors, Hardwood Floors
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, MstrBedroom Fireplace
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 22 x 15
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 14 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Main Floor, Dimensions: 15 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Bathrooms Description: MstrBdrm Full Bathroom, First Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 13 x 10, On Level: Upper, Flooring: Ceramic
  • Bathroom 2: Dimensions: 9 x 6, On Level: Main, Flooring: Ceramic
  • Room Types: Living Room, Lower Level Laundry, Utility/Laundry Room, Workshop, Master Bedroom, Master Bathroom
  • Dining Room: On Main Floor, Dimensions: 16 x 14
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 16 x 10
  • Kitchen Features: Pantry, Eat-In Kitchen, Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Laundry: On Main Floor, Dimensions: 15 x 9
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 19 x 18
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1435
  • Finished Below Grade Sq Ft: 1435
  • Above Grade Finished Sq Ft: 2135
  • Total Finished Sq Ft: 3570

Exterior Features

  • Exterior: Brick
  • Exterior Features: Exterior Balcony, Deck
  • Foundation: Crawl, Partial Basement
  • Frontage: 50
  • Lake Name: Lake Erie
  • Road: City/County, Paved Street
  • Water Features: Boat Facility, Dock/Pier Facility, Lake Frontage, Sea Wall, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Attached Garage, Heated Garage, Workshop
  • Garage Spaces: 3
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 07-776-071-00
  • Zoning: Residential
  • Location: Subdivision
  • Lot Description: Cleared
  • Lot Dimensions: 50 x 324
  • Acreage: 0.37
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,217.03
  • Winter Tax: Year: 2019, Amount: $2,441.80
  • Total Tax: Year: 2020, Amount: $3,658.83

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Nov 10, 2020
Sold by
Ruetz Carl R and Ruetz Nancy C
Bought by
Budzios Andrew A and Budzios Angela K
Seller's Agent
Sheila Bussell
Key Realty One LLC - Roessler
Buyer's Agent
Deanna Coleman
Real Estate One Southgate
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%
Current Estimated Value
$491,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,077
Avg. Annual Appreciation
1.13%
Original Mortgage
$308,000
Outstanding Balance
$275,324
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$209,789
Source: Public Records

Range of Values:

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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
Budzios Andrew A $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budzios Angela K $308,000
Previous Owner Ruetz Carl R $101,300
Previous Owner Ruetz Nancy C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $460,000 -1.1% $129 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $464,900 -2.1% $130 / Sq Ft
07/24/2020 07/24/20 Price Changed $474,900 -2.9% $133 / Sq Ft
07/09/2020 07/09/20 For Sale $489,000 -- $137 / 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 $6,147 $210,300 $0 $0
2024 $2,032 $210,300 $0 $0
2023 $1,935 $175,700 $0 $0
2022 $5,622 $175,700 $0 $0
2021 $5,408 $165,300 $0 $0
2020 $3,802 $151,800 $0 $0
2019 $3,636 $151,800 $0 $0
2018 $3,538 $154,800 $0 $0
2017 $1,142 $154,800 $0 $0
2016 $3,442 $154,200 $0 $0
2015 $3,329 $103,900 $0 $0
2014 $3,283 $103,900 $0 $0
2013 -- $101,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50016921

Michigan Multiple Listing Service

APN: 07-776-071-00