NOT LISTED FOR SALE

1985 S Custer Rd Monroe, MI 48161

Estimated Value: $205,000 - $228,230

4 Beds
3 Baths
1,930 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 03, 2022

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

Est. 14% increase in value since last sale

Current estimated payment $1,502/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 Agent to Sell the Property

Patrick Czech

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

Century 21 Curran & Oberski

Last Buyer's Agent

Jeffery Tooley

Key Realty One LLC in Monroe License #6501381635

Key Realty One LLC in Monroe

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
Key Realty One LLC in Monroe
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%
Current Estimated Value
$216,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,808
Avg. Annual Appreciation
5.73%
Original Mortgage
$142,500
Outstanding Balance
$133,282
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$96,589
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
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
2025 $3,648 $81,700 $0 $0
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

  • Patrick Czech

    Seller's Agent in 2022

    Patrick Czech

    Century 21 Curran & Oberski

    (313) 516-8292

    1 in this area

    122 Total Sales

    Section Image
  • Jeffery Tooley

    Buyer's Agent in 2022

    Jeffery Tooley

    Key Realty One LLC in Monroe

    (734) 790-8582

    1 in this area

    35 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2210022255

Realcomp

APN: 12-180-001-00

Michigan Monroe County Monroe 48161

1985 S Custer Rd, Monroe, MI

This home is located at 1985 S Custer Rd, Monroe, MI 48161 since 02 April 2021 and is currently estimated at $216,808, approximately $112 per square foot. This property was built in 1960. 1985 S Custer Rd is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St Michaels Catholic Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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