NOT LISTED FOR SALE

Estimated Value: $119,000 - $142,000

3 Beds
2 Baths
1,630 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $77,000 $47 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $881/month

156 Days on Market

Highlights

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

About This Home

As of October 2020

Nice duplex that cash flows, both units occupied with leases in place. Small lot, less maintenance. Main floor unit has been updated. Each unit has own furnace and water heater.

Last Agent to Sell the Property

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 05/06/2020

Berkshire Hathaway Home Service Kee Realty

Last Buyer's Agent

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 05/06/2020

Berkshire Hathaway Home Service Kee Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75x80
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $8,512

Listing and Financial Details

  • Assessor Parcel Number 55-29-00026-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1630

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch
  • Frontage: 75
  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Association Fee Includes: Water

Lot Info

  • Assessor Parcel Number: 55-29-00026-001
  • Location: Corner Lot
  • Lot Dimensions: 75x80
  • Acreage: 0.13
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Water/Sewer
  • Lease Information: Lease Term 1-2 Years
  • Total Expenses: 4687.29

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,117.00
  • Winter Tax: Year: 2019, Amount: $1,108.00
  • Total Tax: Year: 2019, Amount: $2,225.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Dale Bros Llc
Bought by
Mh Monroe Llc
Total Days on Market
156
Current Estimated Value
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,400
Outstanding Balance
$581,401
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$450,401

Purchase Details

Closed on
Oct 29, 2021
Sold by
Dale Doug
Bought by
Dale Bros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 6, 2020
Closed on
Oct 16, 2020
Sold by
Patriot Property Llc
Bought by
Gj Family Llc
Seller's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Oct 9, 2015
Sold by
Angela Badalamenti Revocable Living Trus
Bought by
Patriot Property Llc
Seller's Agent
Marie Gamber
Premiere Realty Group, LLC
Buyer's Agent
Pamela Tuttle
NON-RESIDENT OFFICE
List Price
$79,900
Sold Price
$54,000
Premium/Discount to List
-$25,900
-32.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Source: Public Records

Similar Home in Monroe, MI

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    Linda Selvidge Century 21 Allstar Real Estate Team, Inc

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Range of Values:

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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
Mh Monroe Llc $588,000 None Listed On Document
Dale Bros Llc -- Devon Title Agency
Gj Family Llc $77,000 Lawyers Title
Patriot Property Llc $54,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mh Monroe Llc $622,400
Previous Owner Dale Bros Llc $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $77,000 -9.3% $47 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $84,900 -5.6% $52 / Sq Ft
09/08/2020 09/08/20 For Sale $89,900 0.0% $55 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $89,900 0.0% $55 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $89,900 0.0% $55 / Sq Ft
04/28/2017 04/28/17 Rented $600 +4.3% --
04/17/2017 04/17/17 For Rent $575 0.0% --
10/09/2015 10/09/15 Sold $54,000 -32.4% $33 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $79,900 -- $49 / 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
2024 $1,738 $62,000 $0 $0
2023 $3,130 $50,420 $0 $0
2022 $3,130 $50,420 $0 $0
2021 $2,853 $46,030 $0 $0
2020 $2,322 $40,730 $0 $0
2019 $2,225 $40,730 $0 $0
2018 $2,166 $36,630 $0 $0
2017 $2,122 $36,630 $0 $0
2016 $2,153 $37,580 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010971

Michigan Multiple Listing Service

APN: 55-29-00026-001