NOT LISTED FOR SALE

Estimated Value: $148,255

4 Beds
2 Baths
1,408 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $168,000 $119 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $910 / mo

6 Days on Market

About This Home

As of March 2025

IMMEDIATE OCCUPANCY in this turnkey duplex offering (2) completely renovated 2 bed/1 bath units. The opportunities are endless in this two story located near the heart of downtown Monroe! Live in one unit and rent out the second unit or use both units as an investment property! This duplex boasts (2) 2 bedroom, 1 bath apartments metered separately for electricity and gas. One water meter for building. Both units have spacious living space and fully appointed kitchens. Main floor unit has access to the front porch. Second floor unit has a separate private entrance on back of building. Full basement offers tenants plenty of storage. This property is a fantastic investment opportunity, close to shopping, dining and highways for commuters. Both units are vacant and ready for you to fill with tenants! City of Monroe Rental Certificate has been completed by the seller and is transferable to the new owner and is valid through Nov 2027!

Last Agent to Sell the Property

Therese Antonelli

Moving The Mitten RE Group Inc License #6501366596 Listed on: 02/19/2025

Co-Listed By

Matthew McLean

Moving The Mitten RE Group Inc License #6501463043

Last Buyer's Agent

Matthew McLean

Moving The Mitten RE Group Inc License #6501463043

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2025

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30.00 x 150.00
  • Fenced

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,408 Sq Ft Home
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 58554900061000

Community Details

Overview

  • 2 Units
  • George W Burharts Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,476

Year Built

Built in 1923 | Remodeled in 2025

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1923
  • State Equalized Value: 33870.00
  • Year Renovated: 2025
  • Pets Allowed: Yes
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.10
  • Co List Office Mls Id: 384060
  • Co List Office Phone: 7346277100
  • Co List Office Mls Id: 384060
  • Above Grade Finished Sq Ft: 1408.00
  • Living Area: 1408.00
  • ClassName: ResidentialIncome
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: MichiganBasement
  • Construction Materials: VinylSiding
  • Road Frontage Type: Paved
  • Fencing: FencingAllowed
  • Disclosures: ConformstoZoning, ExclusionsDoNotExist, ProjectedIncome, TaxesNotHomesteadExempt
  • Exclusions: Exclusion(s) Do Not Exist
  • Roof: Asphalt

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Schools

  • Junior High Dist: Monroe

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 30.00 x 150.00
  • Parcel Number: 58554900061000
  • Zoning Description: MultiFamily

Rental Info

  • Monthly Rental Income: 2000.00

Tax Info

  • Tax Amount Summer: 1059.00
  • Tax Amount Winter: 417.00
  • Tax Annual Amount: 1476.00

Multi Family

  • Gross Scheduled Income: 2400.00
  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Therese Antonelli
Moving The Mitten RE Group Inc
Buyer's Agent
Matthew McLean
Moving The Mitten RE Group Inc
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%
Views
51
Current Estimated Value
$148,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,745
Avg. Annual Appreciation
-8.60%
Original Mortgage
$126,000
Outstanding Balance
$124,345
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$23,910

Purchase Details

Closed on
Oct 13, 2023
Sold by
Bought by

Purchase Details

Closed on
May 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$168,000 Michigan Title Insurance Agenc
$32,000 None Listed On Document
-- None Available
$30,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $126,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $168,000 -4.0% $119 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $175,000 -- $124 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,135 $46,200 $0 $0
2025 $1,135 $39,500 $39,500 $0
2024 $1,059 $33,870 $0 $0
2023 $431 $26,510 $0 $0
2022 $811 $26,510 $0 $0
2021 $785 $22,920 $0 $0
2020 $3,755 $17,270 $0 $0
2019 $713 $17,270 $0 $0
2018 $803 $14,120 $0 $0
2017 $573 $14,120 $0 $0
2016 $999 $14,230 $0 $0
2015 $699 $11,960 $0 $0
2014 $699 $11,960 $0 $0
2013 -- $14,990 $0 $0
Source: Public Records

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Map

Source: Realcomp

MLS Number: 20250010939

Realcomp

APN: 55-49-00061-000

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