NOT LISTED FOR SALE

25 E Elm Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $280,000 - $323,000

9 Beds
10 Baths
4,212 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $235,000 $56 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,115/month

Highlights

  • 0.36 Acre Lot
  • Historic Home
  • 4-minute walk to St Mary's Park

About This Home

As of August 2021

This home is located at 25 E Elm Ave, Monroe, MI 48162 since 20 August 2021 and is currently estimated at $299,419, approximately $71 per square foot. This property was built in 1863. 25 E Elm Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

Last Agent to Sell the Property

Beth Douglas

EXP Realty Main License #6501396592 Listed on: 08/20/2021

EXP Realty Main

Last Buyer's Agent

Tom Fritz

Coldwell Banker Haynes R.E. in Monroe License #6501316758

Coldwell Banker Haynes R.E. in Monroe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1863

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 60.00x250.00
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,212 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 58556901487000

Community Details

Overview

  • 5 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,677

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Historic
  • Architecture Level: 3 Story
  • Year Built: 1863
  • State Equalized Value: 88060.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 5.50
  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 4212
  • Total Sq Ft: 4212
  • Sq Ft Total Bsmt: 300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Monroe

Lot Info

  • List Price per Acre: 652777.7700
  • Lot Size Area: 0.36
  • Lot Dimensions: 60.00X250.00
  • Parcel Number: 58556901487000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3365

Tax Info

  • Tax Amount Summer: 2300.0000
  • Tax Amount Winter: 2377.0000
  • Total Tax: 4677.0000
  • Taxable Value: 78540.0000

Multi Family

  • Gross Scheduled Income: 40380.00
  • Number Of Units Total: 5
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Aug 20, 2021
Sold by
17 E Elm Llc
Bought by
Monroe Integrated Properties Llc
Seller's Agent
Beth Douglas
EXP Realty Main
Buyer's Agent
Tom Fritz
Coldwell Banker Haynes R.E. in Monroe
Sold Price
$235,000
Current Estimated Value
$299,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,419
Avg. Annual Appreciation
2.92%
Original Mortgage
$352,500
Outstanding Balance
$86,712
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$177,916

Purchase Details

Closed on
Jul 2, 2002
Sold by
Rawlins Donald
Bought by
Dover Brian and Dover Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Monroe Integrated Properties Llc $470,000 Lawyers Title Agcy Of Monroe
Dover Brian $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Integrated Properties Llc $352,500
Previous Owner Dover Brian $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $235,000 -- $56 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
Source: Realcomp

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 $6,322 $102,400 $102,400 $0
2024 $3,202 $102,410 $0 $0
2023 $3,253 $100,690 $0 $0
2022 $6,252 $100,690 $0 $0
2021 $4,936 $87,350 $0 $0
2020 $4,677 $88,060 $0 $0
2019 $4,481 $88,060 $0 $0
2018 $4,361 $79,050 $0 $0
2017 $4,271 $79,050 $0 $0
2016 $4,188 $86,610 $0 $0
2015 $4,048 $79,290 $0 $0
2014 $4,048 $79,290 $0 $0
2013 -- $73,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Douglas

    EXP Realty Main

    Section Image
  • Tom Fritz

    Buyer's Agent in 2021

    Tom Fritz

    Coldwell Banker Haynes R.E. in Monroe

    (734) 625-7100

    9 in this area

    93 Total Sales

    Tom Fritz
    Section Image
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Map

Source: Realcomp

MLS Number: 2210069492

Realcomp

APN: 55-69-01487-000

Michigan Monroe County Monroe 48162 Northeast Monroe

25 E Elm Ave, Monroe, MI

This home is located at 25 E Elm Ave, Monroe, MI 48162 since 20 August 2021 and is currently estimated at $299,419, approximately $71 per square foot. This property was built in 1863. 25 E Elm Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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