NOT LISTED FOR SALE

1985 S Custer Rd Monroe, MI 48161

Estimated Value: $194,000 - $237,969

4 Beds
3 Baths
1,930 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $190,000 $98 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,298/month

282 Days on Market

Highlights

  • Colonial Architecture
  • Ceiling Fan
  • Private Entrance
  • Balcony
  • Baseboard Heating
  • 4-minute walk to Waterloo Park

About This Home

As of March 2022

What a fantastic investment property. Rent includes water, beautifully maintained building. New steal entry doors, new patio doors, two units on main floor are one bedroom units the upper unit is a nice two bedroom unit. Building is minutes to downtown Monroe. units have a private decks. Appliances stay. Ready for occupancy.

Last Listed By

Patrick Czech

Century 21 Curran & Oberski License #6501283021 Listed on: 04/02/2021

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 63x140
  • Private Entrance

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,930 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 581218000100
  • $5,700 Seller Concession

Community Details

Overview

  • 3 Units
  • Mulhollen Place Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,694

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 46
  • Year Built: 1960
  • State Equalized Value: 62300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access, Common
  • Sq Ft Combined: 1930
  • Total Sq Ft: 1930
  • Sq Ft Total Bsmt: 528

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 63
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Monroe

Lot Info

  • List Price per Acre: 904761.9000
  • Lot Size Area: 0.21
  • Lot Dimensions: 63x140
  • Parcel Number: 581218000100
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1900

Tax Info

  • Tax Amount Summer: 382.0000
  • Tax Amount Winter: 1312.0000
  • Total Tax: 1694.0000
  • Taxable Value: 35086.0000

Multi Family

  • Gross Scheduled Income: 22800.00
  • Number Of Units Total: 3
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Mar 3, 2022
Sold by
Carson Gary L and Carson Diane L
Bought by
Hartline Investments Llc
Seller's Agent
Patrick Czech
Century 21 Curran & Oberski
Buyer's Agent
Jeffery Tooley
Howard Hanna - Monroe
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%
Total Days on Market
282
Current Estimated Value
$220,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,742
Avg. Annual Appreciation
4.80%
Original Mortgage
$142,500
Outstanding Balance
$134,014
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$86,728

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 Investments Llc $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartline Investments Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $190,000 0.0% $98 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
06/02/2021 06/02/21 Price Changed $190,000 -4.5% $98 / Sq Ft
05/28/2021 05/28/21 Price Changed $199,000 -9.1% $103 / Sq Ft
04/02/2021 04/02/21 For Sale $219,000 -- $113 / Sq Ft
Source: Realcomp

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 $828 $81,700 $0 $0
2023 $788 $63,250 $0 $0
2022 $1,779 $63,250 $0 $0
2021 $1,728 $62,600 $0 $0
2020 $1,695 $56,700 $0 $0
2019 $375 $56,700 $0 $0
2018 $1,506 $49,250 $0 $0
2017 $1,475 $44,750 $0 $0
2016 $1,462 $44,750 $0 $0
2015 $1,435 $39,800 $0 $0
2014 $1,410 $39,800 $0 $0
2013 -- $40,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210022255

Realcomp

APN: 12-180-001-00