NOT LISTED FOR SALE

Estimated Value: $182,000 - $205,000

4 Beds
2 Baths
1,510 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $106,500 $71 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,384/month

199 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 3-minute walk to Memorial Park

About This Home

As of May 2017

Excellent investment opportunity! Side by side duplex situated on large corner lot with concrete driveway with 3 parking spaces. Both units currently rented with long term tenants. Full basement for each unit with laundry hookup. Close to city conveniences. Tenant pays utilities.

Last Agent to Sell the Property

Chris Hernandez

Howard Hanna - Monroe License #MCAR-6501274692 Listed on: 10/18/2016

Last Buyer's Agent

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924

Berkshire Hathaway Home Service Kee Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 150x50
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Dryer
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Curtis&Wilson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-29-00025-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,130

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Total Tax Amount: 2130
  • Year Built: 1972
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 1510

Exterior Features

  • Construction: Aluminum, Brick
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 55-29-00025-000
  • Location: Corner Lot
  • Lot Dimensions: 150x50
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Amount: $1,077.00
  • Winter Tax: Amount: $1,053.00
  • Total Tax: Amount: $2,130.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
May 31, 2017
Sold by
Poley Darryl S and Poley Frank
Bought by
Beneteau Brian
Seller's Agent
Chris Hernandez
Howard Hanna - Monroe
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$129,900
Sold Price
$106,500
Premium/Discount to List
-$23,400
-18.01%
Current Estimated Value
$191,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,980
Avg. Annual Appreciation
7.38%
Original Mortgage
$70,000
Outstanding Balance
$58,504
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$132,277

Purchase Details

Closed on
Mar 21, 2002
Sold by
Trst Frederic Geiermann
Bought by
Poley Darryl and Poley Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.93%
Mortgage Type
New Conventional
Source: Public Records

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
Beneteau Brian $106,500 Barristers Title
Poley Darryl $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beneteau Brian P $70,000
Previous Owner Poley Darryl $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $106,500 -18.0% $71 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
10/18/2016 10/18/16 For Sale $129,900 -- $86 / 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 $3,921 $83,250 $0 $0
2024 $1,986 $83,250 $0 $0
2023 $1,899 $62,500 $0 $0
2022 $3,577 $62,500 $0 $0
2021 $3,457 $56,490 $0 $0
2020 $3,275 $58,010 $0 $0
2019 $3,313 $58,010 $0 $0
2018 $3,224 $54,120 $0 $0
2017 $2,203 $54,120 $0 $0
2016 $2,160 $50,270 $0 $0
2015 $2,088 $37,320 $0 $0
2014 $2,088 $37,320 $0 $0
2013 -- $36,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21228431

Michigan Multiple Listing Service

APN: 55-29-00025-000