NOT LISTED FOR SALE

225 E Monroe St Dundee, MI 48131

-- Bed
-- Bath
3,400 Sq Ft
3.76 Acres

Last Sold July 27, 2018

Last sale price $218,000 $64 Per Sq Ft

15 Days on Market

Highlights

  • 3.76 Acre Lot
  • Detached Garage
  • Laundry Facilities
  • Dundee Community High School Rated 9+

About This Home

As of July 2018

INVESTMENT PROPERTY! It just makes a good CENTS! Location...location...walking distance to historic downtown Dundee boasting shopping, dining, and parks. This 4 unit brick multi-family home sits on 3.76 acres with the Raisin River running behind it. Property features two 2 bedroom units and two 1 bedroom units with their own electric meter. Common area with coin laundry and keyed storage space for each tenant, 1 space in carport. Currently 100% occupancy and tenants are guaranteed current monthly rent and occupancy for 4 months after closing. Call and set your appointment today!

Last Agent to Sell the Property

Julie Jewell

The Danberry Company - Temperance License #MCAR-6501357801 Listed on: 05/23/2018

Last Buyer's Agent

Jenny Church

RE/MAX Masters, INC. License #MCAR-6501382408

RE/MAX Masters, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 3.76 Acre Lot

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 42 040 607 00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,752

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Total Tax Amount: 3752.41
  • Year Built: 1963
  • Mail City: Dundee
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Washer

Exterior Features

  • Construction: Brick
  • Foundation Type: Slab

Garage/Parking

  • Garage Type: Carport, Detached Garage

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Electric
  • Heating System: Electric Heat, Radiant
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 42 040 607 00
  • Lot Dimensions: 769 X Irr
  • Acreage: 3.76
  • 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: $879.79
  • Winter Tax: Amount: $2,872.62
  • Total Tax: Amount: $3,752.41

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Dundee Community Schools

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $218,000 -3.1% $64 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $225,000 -- $66 / 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 $2,833 $120,110 $37,430 $82,680
2024 $2,643 $120,680 $0 $0
2023 $5,110 $107,650 $0 $0
2022 $2,230 $107,650 $0 $0
2021 $6,131 $105,840 $0 $0
2020 $6,223 $108,740 $0 $0
2019 $2,252 $108,740 $0 $0
2018 $4,719 $112,640 $0 $0
2017 $4,544 $379,826 $0 $0
2016 $3,714 $112,380 $0 $0
2015 $3,695 $105,040 $0 $0
2014 $4,413 $105,040 $0 $0
2013 $3,429 $111,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Jewell

    Seller's Agent in 2018

    Julie Jewell

    The Danberry Company - Temperance

    (734) 344-2574

    4 in this area

    49 Total Sales

    Julie Jewell
    Section Image

  • J

    Buyer's Agent in 2018

    Jenny Church

    RE/MAX

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 21452468

Michigan Multiple Listing Service
Michigan Monroe County Dundee 48131

225 E Monroe St, Dundee, MI

Not Listed for Sale

MultiFamily

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