NOT LISTED FOR SALE

Estimated Value: $231,000 - $253,000

-- Bed
3 Baths
2,362 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $218,000 $92 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,659/month

Highlights

  • 0.55 Acre Lot
  • Porch
  • 4-minute walk to Memorial Park
  • 3.5 Car Detached Garage

About This Home

As of January 2022

Great investment property in the City near Monroe Elementary School. Fully rented Tri-Plex. 3 units in this large home in historic district near downtown Monroe. Hardwood floors, glass doorknobs, ornate radiators, large basement with washer, for tenants use. Beautiful large lot w/fruit trees, 3.5 car garage with loft area for extra storage. All 3 units rented and Tenants have expressed a desire to continue renting with new owner. All appliances to remain.

Last Agent to Sell the Property

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 11/16/2021

Last Buyer's Agent

Annette Perna-Taormina

Gerweck Real Estate in Monroe License #MCAR-6502357318 Listed on: 11/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 70x150x125

Parking

  • 3.5 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 39-00299-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 3991.37
  • Year Built: 1900
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: MI Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2362

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3.5

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Heating System: Boiler
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 39-00299-000
  • Lot Dimensions: 70x150x125
  • Acreage: 0.55
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Electric, Gas, Snow Removal

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,056.09
  • Winter Tax: Year: 2020, Amount: $1,935.08
  • Total Tax: Amount: $3,991.37

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 31, 2022
Sold by
Hummel Johnny W and Hummel Virginia
Bought by
Keck Aleesha and Colpaert Concetta
Seller's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
Buyer's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
List Price
$195,000
Sold Price
$218,000
Premium/Discount to List
$23,000
11.79%
Current Estimated Value
$242,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,349
Avg. Annual Appreciation
2.67%
Original Mortgage
$188,542
Outstanding Balance
$175,060
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$65,271

Purchase Details

Closed on
Nov 2, 2015
Sold by
Bacarella Clementina
Bought by
Hummel Johnny W and Hummel Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Keck Aleesha $218,000 Lawyers Title
Keck Aleesha $218,000 Lawyers Title
Hummel Johnny W $90,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keck Aleesha $188,542
Closed Keck Aleesha $188,542
Previous Owner Hummel Johnny W $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $218,000 +11.8% $92 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $195,000 -- $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 $4,485 $109,500 $109,500 $0
2024 $3,220 $107,220 $0 $0
2023 $3,079 $83,520 $0 $0
2022 $2,940 $83,520 $0 $0
2021 $4,019 $78,510 $0 $0
2020 $3,808 $73,880 $0 $0
2019 $3,648 $73,880 $0 $0
2018 $3,550 $62,200 $0 $0
2017 $3,477 $62,200 $0 $0
2016 $3,438 $60,000 $0 $0
2015 $3,518 $62,350 $0 $0
2014 $3,518 $62,350 $0 $0
2013 -- $61,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50061080

Michigan Multiple Listing Service

APN: 55-39-00288-000