NOT LISTED FOR SALE

2631 E Monroe Rd Tecumseh, MI 49286

Estimated Value: $408,000 - $975,000

105 Acres
$7,247 Price per Acre
4,573,800 Sq Ft Lot

Last Sold July 19, 2024

Last sale price $904,000

Est. 11% decrease in value since last sale

Current estimated payment $4,846/month

2,779 Days on Market

About This Lot

As of July 2024

Adjacent to Tecumseh Plaza Shopping center, 104 Acres ready for development. Approximately 40 acres zoned for commercial use and 60 acres for residential. Great site for retail. storage, multifamily and residential. 1,300 feet of frontage on M-50. 79 acres Tillable

Last Agent to Sell the Property

Patrick Hoffman

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502382642 Listed on: 09/14/2016

Howard Hanna Real Estate Services-Tecumseh

Last Buyer's Agent

Patrick Hoffman

Howard Hanna Real Estate Services-Tecumseh License #LCAR-6502382642 Listed on: 09/14/2016

Howard Hanna Real Estate Services-Tecumseh

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 105 Acre Lot
  • Lot Dimensions are 1300 x 2600
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number XT0-132-2050-00

Property Details

Property Type

Land

Est. Annual Taxes

$7,011

Lot Details

105 Acres

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 7011
  • Total Tax Year: 2023
  • Mail City: Tecumseh
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 1300
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Fuel On Site: Natural Gas

Lot Info

  • Assessor Parcel Number: XT0-132-2050-00
  • Acreage: 105
  • Zoning: Commercial, Residential
  • Lot Size: 1300 X 2600
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $5,951.00
  • Winter Tax: Year: 2023, Amount: $1,060.00
  • Total Tax: Year: 2023, Amount: $7,011.00

MLS Schools

  • School District: Tecumseh Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2011
Sold by
Robert J Mckee Trust
Bought by
Drews Place Properties Llc
Current Estimated Value
$801,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.67%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drews Place Properties Llc $106,000 Seaver Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drews Place Properties Llc $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $904,000 -9.1% --
04/24/2024 04/24/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $995,000 +10.1% --
05/31/2019 05/31/19 Off Market $904,000 -- --
07/03/2018 07/03/18 For Sale $2,000,000 +121.2% --
05/31/2018 05/31/18 Off Market $904,000 -- --
06/30/2017 06/30/17 Price Changed $2,000,000 -33.3% --
09/14/2016 09/14/16 For Sale $3,000,000 -- --
Source: Michigan Multiple Listing Service

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 $7,129 $440,300 $0 $0
2024 $60 $327,300 $0 $0
2023 $7,012 $401,800 $0 $0
2022 $6,745 $397,300 $0 $0
2021 $7,152 $395,000 $0 $0
2020 $7,087 $397,300 $0 $0
2019 $6,965 $397,300 $338,600 $58,700
2017 $6,577 $389,100 $338,600 $50,500
2016 $6,563 $388,900 $338,600 $50,300
2014 $5,653 $384,500 $338,600 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31305924

Michigan Multiple Listing Service

APN: XT0-132-2050-15

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