NOT LISTED FOR SALE

28 W 7th St Unit 30 West 7th Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $130,000 - $152,000

4 Beds
2 Baths
1,322 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $73,400 $56 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $902/month

190 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Porch
  • 1-minute walk to Memorial Park

About This Home

As of April 2019

This 2-unit multi-family split level in Monroe is the perfect investment property! Unit 28 has been updated with new front & back door, carpet, fixtures, Formica counters, range/oven, refrigerator, and furnace! Unit 30 has been updated with new front & back door, laminate, washer, dryer, tile counters in the kitchen, new range/oven, refrigerator, and A/C! The roof on the home is 2 years old along with updated circuit breakers in both units and the vinyl windows are approximately 8 years old! Walking distance to Monroe Middle School and minutes from shopping & restaurants this will gain a ton of interest!

Last Agent to Sell the Property

Adam Blake

Realteam Real Estate License #MISPE-6506045935 Listed on: 09/06/2018

Realteam Real Estate

Co-Listed By

Andrea Ramirez

Realteam Real Estate License #MISPE-6501404436

Last Buyer's Agent

Thomas Haynes

Key Realty One LLC in Monroe License #MCAR-6501389684

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Split Level Home

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement
  • Michigan Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2 Units
  • Old Village West Of Monroe St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-29-00199-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,133

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Split Level
  • Year Built: 1940
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 1322

Exterior Features

  • Exterior Features: Deck, Porch
  • Foundation Type: Basement
  • Roads: Curbed, Paved Street

Garage/Parking

  • Parking: On Street

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 55-29-00199-000
  • Location: Subdivision, Corner Lot
  • Lot Dimensions: 50x150
  • Acreage: 0.11
  • Lot Description: Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $720.00
  • Winter Tax: Year: 2017, Amount: $413.00
  • Total Tax: Amount: $1,133.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Straub Micah
Bought by
Straub Haynes
Total Days on Market
190
Current Estimated Value
$139,788

Purchase Details

Listed on
Sep 6, 2018
Closed on
Apr 26, 2019
Sold by
Love Monica and Giannakakis Peter
Bought by
Straub Micah
Seller's Agent
Adam Blake
Realteam Real Estate
Buyer's Agent
Thomas Haynes
Key Realty One LLC in Monroe
List Price
$84,900
Sold Price
$73,400
Premium/Discount to List
-$11,500
-13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$55,050
Outstanding Balance
$49,007
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$107,878

Purchase Details

Closed on
Mar 15, 2010
Sold by
Wells Fargo Financial America Inc
Bought by
Love Monica and Giannakakis Peter

Purchase Details

Closed on
Nov 19, 2009
Sold by
Parsons Brett A and Parsons Alicia J
Bought by
Wells Fargo Financial America Inc

Purchase Details

Closed on
Mar 1, 2001
Sold by
Goodman Ernest
Bought by
Parsons Brett and Parsons Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Monroe, MI

  • 68 Navarre St, Monroe, MI 48161

    $165,000

    • 4 Beds
    • 2 Baths
    • 2,013 Sq Ft
    • 68 Navarre St
    • Monroe, MI

    Brand new kitchen cabinets and counter tops in both units. Fresh paint throughout home. New carpet in bedrooms and living rooms. Updated flooring in both kitchen areas. Low maintenance yardwork, lot size is 40 x 50. Close distance to park and River Raisin. This home comes with options. Main level has kitchen, full bath and three bedrooms. Large basement. Upper level has kitchen, full bathroom and

    James Duffy Berkshire Hathaway Home Service Kee Realty

    Section Image
  • 411 Railroad St, Monroe, MI 48161

    $159,000

    • 6 Beds
    • 2.5 Baths
    • 1,638 Sq Ft
    • 411 Railroad St
    • Monroe, MI

    Rare investment find in Monroe. Turnkey Duplex (one 3 bdr/1 bath, one 3bdr/2 bath) in Monroe. This place has been fully updated with new leases. Total $1950 rent roll. Has a property manager or manage yourself.

    Douglas Dale Key Realty One LLC - South Monroe

    Section Image
  • 624 Waterloo Ave, Monroe, MI 48161

    $164,900

    • 2 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • 624 Waterloo Ave
    • Monroe, MI

    Charming two-family home in a desirable neighborhood, close to shopping, schools, and all amenities. Features original woodwork, hardwood floors under most carpets, and a walk-up attic for extra space. The main level includes basement storage. Recent updates include roof, water heater, sewer line, and separate gas and electric utilities. Ideal for investment or owner-occupant.

    Jack Giarmo Coldwell Banker Haynes R.E. in Monroe

    Section Image
  • 639 Michigan Ave, Monroe, MI 48162

    $127,500

    • 5 Beds
    • 2 Baths
    • 1,510 Sq Ft
    • 639 Michigan Ave
    • Monroe, MI

    Whether you are an investor seeking a lucrative rental property or a family looking for a home with additional income, don't miss out on this fantastic opportunity at a reduced price at $127,500. This home features 3 bedrooms downstairs and 2 bedrooms upstairs. Price is amazing with little updates to make a great property. 1st floor has high ceilings with ceiling fans. Each unit has refrigerator

    Linda Selvidge Century 21 Allstar Real Estate Team, Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Straub Haynes -- Liberty Title & Escrow Co
Straub Micah $73,500 Lawyers Title
Love Monica $9,200 --
Wells Fargo Financial America Inc -- --
Parsons Brett $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Straub Micah $55,050
Previous Owner Parsons Brett A $109,824
Previous Owner Parsons Brett A $15,739
Previous Owner Parsons Brett $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $73,400 -13.5% $56 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $84,900 0.0% $64 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $84,900 0.0% $64 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $84,900 -5.6% $64 / Sq Ft
10/01/2018 10/01/18 Price Changed $89,900 -5.3% $68 / Sq Ft
09/06/2018 09/06/18 For Sale $94,900 -- $72 / 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 $1,436 $67,760 $0 $0
2023 $1,374 $52,510 $0 $0
2022 $2,695 $52,510 $0 $0
2021 $2,698 $47,480 $0 $0
2020 $2,407 $39,330 $0 $0
2019 $1,190 $39,330 $0 $0
2018 $1,158 $31,720 $0 $0
2017 $1,134 $31,720 $0 $0
2016 $1,109 $29,470 $0 $0
2015 $1,067 $24,120 $0 $0
2014 $1,067 $24,120 $0 $0
2013 -- $25,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31359107

Michigan Multiple Listing Service

APN: 55-29-00199-000