NOT LISTED FOR SALE

2592 N Telegraph Rd Monroe, MI 48162

Estimated Value: $562,755

1.39 Acres
$404,860 Price per Acre
60,548 Sq Ft Lot

Last Sold April 23, 2018

Last sale price $330,000 $66 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,155/month

280 Days on Market

About This Lot

As of April 2018

Prime commercial development property. Located between Friendly Ford and Lowes, just north of Tractor Supply. Easy access to I-75, I 275 and US-23. Average traffic count 26,000 per day. Excellent investment opportunity.

Last Agent to Sell the Property

Eric Linsenmeyer

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501226666 Listed on: 05/30/2017

Last Buyer's Agent

Sara Crater

Agent History License #GRAR

Property Details

Property Type

  • Land

Lot Details

  • 1.39 Acre Lot
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 07901001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 8280
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Paved Street, Private Road

Utilities

  • Water: Public Water
  • Sewer/Septic System: Public Sanitary
  • Fuel On Site: Electric, Gas/Propane, Natural Gas

Schools

  • School District: Monroe Public Schools

Lot Info

  • Assessor Parcel Number: 07901001
  • Acreage: 1.39
  • Zoning: Commercial
  • Lot Size: 125 x 509 irr
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,973.00
  • Winter Tax: Amount: $6,307.00
  • Total Tax: Amount: $8,280.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Apr 23, 2018
Sold by
Selvidge Linda
Bought by
Shop Llc
Seller's Agent
Eric Linsenmeyer
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Eric Linsenmeyer
Coldwell Banker Haynes R.E. in Monroe
List Price
$395,000
Sold Price
$330,000
Premium/Discount to List
-$65,000
-16.46%
Current Estimated Value
$562,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,755
Avg. Annual Appreciation
7.41%
Original Mortgage
$381,160
Outstanding Balance
$327,867
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$234,888
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
Shop Llc $330,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shop Llc $381,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $330,000 -16.5% $66 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
05/30/2017 05/30/17 For Sale $395,000 -- $79 / 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 $14,053 $317,000 $132,000 $185,000
2024 $3,112 $288,300 $0 $0
2023 $2,981 $263,000 $0 $0
2022 $12,937 $263,000 $0 $0
2021 $13,170 $268,000 $0 $0
2020 $13,186 $285,500 $0 $0
2019 $13,615 $285,500 $0 $0
2018 $8,249 $227,500 $0 $0
2017 $1,827 $227,500 $0 $0
2015 $7,889 $173,700 $0 $0
2014 $7,889 $173,700 $0 $0
2013 -- $182,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eric Linsenmeyer

    Coldwell Banker Haynes R.E. in Monroe

  • S

    Buyer's Agent in 2018

    Sara Crater

    Agent History

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 21302131

Michigan Multiple Listing Service

APN: 07-079-010-01

Michigan Monroe County Monroe 48162

2592 N Telegraph Rd, Monroe, MI

This home is located at 2592 N Telegraph Rd, Monroe, MI 48162 since 30 May 2017 and is currently estimated at $562,755, approximately $113 per square foot. 2592 N Telegraph Rd is a home located in Monroe County with nearby schools including Monroe High School, Triumph Academy, and Zion Lutheran 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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