NOT LISTED FOR SALE

2251 W Albain Rd Monroe, MI 48161

Estimated Value: $435,000 - $631,000

5 Beds
2 Baths
2,409 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $145,000 $60 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $3,049/month

Highlights

  • Wood Burning Stove
  • Farmhouse Style Home
  • Water Softener is Owned
  • Pole Barn
  • Hay Barn
  • Ceiling Fan

About This Home

As of May 2019

This is a unique opportunity for an agricultural income potential. Large home with some updates but waiting for your finishing touches. 10 acres, great for horses, hay, or truck farm. Barns to use, rent out, or sell for reclaimed wood. Duplex on premises for more income potential. The options here are endless, come check it out! 10 acre lot subject to township approval of split. 20% minimum downpayment required for financing.

Last Agent to Sell the Property

Emanuel Evola

The Danberry Company - Temperance License #MCAR-6502388845 Listed on: 08/01/2018

Last Buyer's Agent

Connie Hotchkiss

Gerweck Real Estate License #RCO

Home Details

Home Type

  • Single Family

Lot Details

  • 10 Acre Lot
  • 333 Ft Wide Lot
  • Rural Setting

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Metal Siding

Interior Spaces

  • 2,409 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room with Fireplace
  • Crawl Space
  • Oven or Range
  • Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Pole Barn
  • Hay Barn

Listing and Financial Details

  • Assessor Parcel Number 5809 008 004 01

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Flood Plain: Unknown
  • Total Tax Amount: 5871.78
  • Year Built: 9999
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 17 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 17 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 17 x 13
  • Bedroom 4: On Upper Floor, Dimensions: 17 x 10
  • Bedroom 5: On Upper Floor, Dimensions: 10 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Laundry, Primary Bathroom
  • Family Room: On Upper Floor, Dimensions: 19 x 12
  • Kitchen: On Main Floor, Dimensions: 13 x 12
  • Library Den: On Main Floor, Dimensions: 10 x 10
  • Living Room: On Main Floor, Dimensions: 26 x 17
  • Other Room1: Dimensions: 12x9, On Level: Main
  • Other Room 2: Dimensions: 8x6, On Level: Main
  • Above Grade Finished Sq Ft: 2409
  • Total Finished Sq Ft: 2409

Exterior Features

  • Exterior: Aluminum, Metal Siding
  • Foundation: Crawl
  • Frontage: 333
  • Out Buildings: Barn, Pole Barn

Garage/Parking

  • Garage: Off Street
  • Garage: No

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Farm Features: Hay Barn
  • Assessments: Yes
  • Assessor Parcel Number: 5809 008 004 01
  • Lot Dimensions: 333 x Irr
  • Acreage: 10
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,916.52
  • Winter Tax: Year: 2017, Amount: $3,955.26
  • Total Tax: Amount: $5,871.78

MLS Schools

  • School District: Ida Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
May 24, 2019
Sold by
Walters Jeffrey N and Walters Terri A
Bought by
Bodine Brian and Bodine Rachael
Seller's Agent
Emanuel Evola
The Danberry Company - Temperance
Buyer's Agent
Connie Hotchkiss
Gerweck Real Estate
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Current Estimated Value
$539,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,627
Avg. Annual Appreciation
22.64%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Iott Walter
Bought by
Walter Jeffrey and Walter Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
7.8%
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
Bodine Brian $145,000 Lawyers Title
Walter Jeffrey $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter Jeffrey $251,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $145,000 -17.1% $60 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $175,000 0.0% $73 / Sq Ft
02/12/2019 02/12/19 For Sale $175,000 -12.1% $73 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $199,000 -5.2% $83 / Sq Ft
12/27/2018 12/27/18 Price Changed $209,900 -6.7% $87 / Sq Ft
12/05/2018 12/05/18 For Sale $225,000 0.0% $93 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/21/2018 11/21/18 Price Changed $225,000 -38.2% $93 / Sq Ft
09/04/2018 09/04/18 Price Changed $364,000 -19.1% $151 / Sq Ft
08/20/2018 08/20/18 Price Changed $449,900 -10.0% $187 / Sq Ft
08/01/2018 08/01/18 For Sale $499,900 -- $208 / 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 $2,631 $260,500 $260,500 $0
2024 $1,145 $257,800 $0 $0
2023 $1,090 $197,300 $0 $0
2022 $4,382 $197,300 $0 $0
2021 $4,402 $203,300 $0 $0
2020 $4,339 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emanuel Evola

    Seller's Agent in 2019

    Emanuel Evola

    The Danberry Company - Temperance

    (419) 283-7505

    213 Total Sales

    Emanuel Evola
    Section Image
  • Connie Hotchkiss

    Buyer's Agent in 2019

    Connie Hotchkiss

    Gerweck Real Estate

    (419) 367-5112

    131 Total Sales

    Connie Hotchkiss
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 21485147

Michigan Multiple Listing Service

APN: 09-008-004-05

Michigan Monroe County Monroe 48161

2251 W Albain Rd, Monroe, MI

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