NOT LISTED FOR SALE

227 E Lorain St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $208,000 - $245,000

3 Beds
2 Baths
1,520 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $200,000 $132 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,437/month

11 Days on Market

Highlights

  • 0.29 Acre Lot
  • 2 Car Detached Garage
  • Ceiling Fan
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of August 2023

Welcome to this meticulously renovated and updated gem, originally built in 1853. Steeped in charm and character, it boasts 3 bedrooms, 2 full baths(one on main floor and one on second floor), a living area with two French doors that fill the space with natural light. Dining room has a cozy fireplace and the heart of the home is the spacious and open concept kitchen, with its ample counter space, convenient eat-at island, new dishwasher, and double doors leading to the back patio. Patio opens to the serene backyard, where there is a quaint wooden bridge that guides you towards a charming arbor. Spacious laundry/mud room conveniently located on first floor. Oversized, 2 car garage and shed each have own electrical boxes. Updates include: New furnace(Dec 2022), 2 new sump pumps(2023), whole house freshly painted, Water heaters(5 years old), new flooring throughout, new dishwasher(2023), new kitchen sink(2023), both bathrooms updated(2023) Showing with licensed agent only

Last Agent to Sell the Property

Kristine Hudson

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501433612 Listed on: 06/08/2023

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Kirsten Brockmiller

BBR Realty LLC License #6501326495

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1853

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 63x200

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-59-01833-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,188

Year Built

Built in 1853

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 2188
  • Year Built: 1853
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 13 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 19 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 5, On Level: Main
  • Bathroom 2: Dimensions: 12 x 7, On Level: Second
  • Dining Room: On Main Floor, Dimensions: 12 x 12
  • Kitchen: On Main Floor, Dimensions: 22 x 18
  • Laundry: On Main Floor, Dimensions: 12 x 12
  • Library Den: On Main Floor, Dimensions: 10 x 8
  • Living Room: On Main Floor, Dimensions: 15 x 13
  • Other Room1: Dimensions: 10x8, On Level: Main
  • Below Grade Sq Ft: 552
  • Above Grade Finished Sq Ft: 1520
  • Total Finished Sq Ft: 1520

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Michigan Basement
  • Frontage: 63

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 55-59-01833-000
  • Lot Dimensions: 63x200
  • Acreage: 0.29
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,580.00
  • Winter Tax: Year: 2022, Amount: $608.00
  • Total Tax: Amount: $2,188.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 1, 2023
Sold by
Mathews Pamela A
Bought by
Cooley Amber
Seller's Agent
Kristine Hudson
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Kirsten Brockmiller
BBR Realty LLC
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Views
68
Current Estimated Value
$220,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,752
Avg. Annual Appreciation
4.18%
Original Mortgage
$196,377
Outstanding Balance
$191,902
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$28,850

Purchase Details

Closed on
Feb 28, 2001
Sold by
Donahoe Thomas
Bought by
Mathews Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,592
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Donahoe Jeffrey
Bought by
Donahoe Thomas and Donahoe Margaret
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Cooley Amber $200,000 Lawyers Title
Mathews Pamela $113,240 --
Donahoe Thomas $68,000 --
Donahoe Thomas $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Amber $196,377
Previous Owner Mathews Pamela $90,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $200,000 +5.3% $132 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $189,900 -- $125 / 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 $3,376 $100,500 $100,500 $0
2024 $2,802 $89,600 $0 $0
2023 $1,643 $59,710 $0 $0
2022 $2,188 $59,710 $0 $0
2021 $2,113 $59,480 $0 $0
2020 $1,968 $60,050 $0 $0
2019 $1,866 $60,050 $0 $0
2018 $1,813 $59,970 $0 $0
2017 $1,775 $59,970 $0 $0
2016 $1,733 $49,320 $0 $0
2015 $1,652 $43,190 $0 $0
2014 $1,652 $43,190 $0 $0
2013 -- $43,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristine Hudson

    Seller's Agent in 2023

    Kristine Hudson

    Coldwell Banker Haynes R.E. in Monroe

    (734) 819-1500

    6 in this area

    56 Total Sales

    Kristine Hudson
    Section Image

  • K

    Buyer's Agent in 2023

    Kirsten Brockmiller

    BBR Realty LLC

    (734) 934-3911

    1 in this area

    54 Total Sales

    Kirsten Brockmiller
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50111538

Michigan Multiple Listing Service

APN: 55-59-01833-000

Michigan Monroe County Monroe 48162 Northeast Monroe

227 E Lorain St, Monroe, MI

Not Listed for Sale

Detached

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