NOT LISTED FOR SALE

2925 5th St Monroe, MI 48162

Estimated Value: $160,000 - $175,000

3 Beds
1 Bath
1,000 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $137,000 $137 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,047/month

4 Days on Market

Highlights

  • Boat Facilities
  • 0.37 Acre Lot
  • Ranch Style House
  • Beach Access
  • Lake Privileges
  • 2-minute walk to Bear Country Park

About This Home

As of August 2022

Wonderful opportunity in a very quiet community with green spaces and a lovely short walk to Lake Erie shoreline within Detroit Beach Association. This home offers many updates throughout with oversized fenced lot. Beach access, boat club/marina, HOA is very active around holidays hosting different events, trick or treating/tree lighting for Xmas etc. Near Bear Country Park, Sterling State Park, and another park with baseball diamonds. Home is a must see!! Schedule your private showing today!!

Last Agent to Sell the Property

Timothy Gohl

Berkshire Hathaway Michigan License #6501423616 Listed on: 07/15/2022

Berkshire Hathaway Michigan

Last Buyer's Agent

Melissa Wilson

Gerweck Real Estate in Monroe License #6501438900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2022

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 160x100x160x90
  • Fenced

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,000 Sq Ft Home
  • Crawl Space

Kitchen

  • Built-In Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Boat Facilities
  • Lake Privileges
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 580777725500

Community Details

Overview

  • Http://Detroitbeachassociation.Org/ Association, Phone Number (734) 289-4354
  • Detroit Beach Sub No 1 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,649

Year Built

Built in 1950 | Remodeled in 2022

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 50400.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Built-In Gas Range, Disposal, Dryer, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Erie
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: (734) 289-4354 / detroitbeach@sbcglobal.net
  • Association Fee: 128
  • Association Contact: http://detroitbeachassociation.org/
  • Association Fee: Yes

Schools

  • School District: Jefferson Schools-Monroe Co

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.37
  • Lot Dimensions: 160x100x160x90
  • Parcel Number: 580777725500

Tax Info

  • Tax Amount Summer: 544.0000
  • Tax Amount Winter: 1105.0000
  • Total Tax: 1649.0000
  • Taxable Value: 50400.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 29, 2022
Sold by
Lutz Kirstie
Bought by
Gruber Holly
Seller's Agent
Timothy Gohl
Berkshire Hathaway Michigan
Buyer's Agent
Melissa Wilson
Gerweck Real Estate in Monroe
List Price
$119,900
Sold Price
$137,000
Premium/Discount to List
$17,100
14.26%
Current Estimated Value
$165,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,384
Avg. Annual Appreciation
6.22%
Original Mortgage
$134,518
Outstanding Balance
$128,244
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$37,140

Purchase Details

Listed on
May 14, 2020
Closed on
Sep 2, 2020
Sold by
Federal National Mortgage Association
Bought by
Lutz Kirstie
Seller's Agent
Scott Harris
Howard Hanna - Monroe
Buyer's Agent
Timothy Gohl
Berkshire Hathaway Michigan
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.23%
Original Mortgage
$52,425
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2020
Closed on
Sep 1, 2020
Sold by
Fannie Mae
Bought by
Lutz Kirstie
Seller's Agent
Scott Harris
Howard Hanna - Monroe
Buyer's Agent
Timothy Gohl
Berkshire Hathaway Michigan
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Sheriff Of Monroe County
Bought by
Federal National Mortgage Asso

Purchase Details

Closed on
Sep 12, 2019
Sold by
Sheriff Of Monroe County
Bought by
Federal National Mortgage Asso
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
Gruber Holly $137,000 Title Resource Agency
Lutz Kirstie $69,900 First Title & Escrow
Lutz Kirstie $69,900 First Title & Escrow Inc
Federal National Mortgage Asso $66,600 None Listed On Document
Federal National Mortgage Asso $66,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruber Holly $134,518
Previous Owner Lutz Kirstie $52,425
Previous Owner Lutz Kirstie $52,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Sold $137,000 +14.3% $137 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $119,900 +71.5% $120 / Sq Ft
09/01/2020 09/01/20 Sold $69,900 0.0% $70 / Sq Ft View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $69,900 -- $70 / Sq Ft
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 $1,913 $77,100 $77,100 $0
2024 $632 $63,500 $0 $0
2023 $602 $50,900 $0 $0
2022 $1,676 $50,900 $0 $0
2021 $1,649 $50,400 $0 $0
2020 $1,477 $45,800 $0 $0
2019 $2,187 $45,800 $0 $0
2018 $2,131 $47,500 $0 $0
2017 $444 $47,500 $0 $0
2016 $2,111 $42,600 $0 $0
2015 $2,025 $40,000 $0 $0
2014 $1,276 $40,000 $0 $0
2013 -- $40,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221017938

Realcomp

APN: 07-777-255-00