D
Seller's Agent in 2022
Douglas Dale
Key Realty One LLC - South Monroe
(734) 755-1970
7 in this area
21 Total Sales
302 E 1st St Monroe, MI 48161
Central Monroe NeighborhoodEstimated Value: $209,188 - $300,000
3
Beds
2
Baths
2,676
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Balcony
- Walk-In Closet
- Wood Flooring
- Porch
- 2-minute walk to Monroe Recreation Department
About This Home
As of December 2022Current AirBnb with high cash flow. Fully renovated house with 100 year old charm and all the modern conveniences. Imagine walking into a house with oversize original solid wooden doors and the original hardwood floors. All the original wood trim and windows are in place along with the eight foot functional pocket doors. Every room in this house is large and open with each of the bedrooms bragging a walk-in closet. Walk into the modern kitchen from the original swinging door from the large formal dining room. Both the basement and attic have space to make this house even larger. Electric and plumbing has been updated, new furnaces, water heater and A/C's make this place fully turn-key. This house could be moved into or maintained as Short-term Rental. Current Cap Rate 18%
Last Agent to Sell the Property
Key Realty One LLC - South Monroe License #MCAR-6506047127 Listed on: 09/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1919
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x71
- Fenced
Home Design
- Traditional Architecture
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 2,676 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Basement Fills Entire Space Under The House
- Attic Fan
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Wadsworth Subdivision
Listing and Financial Details
- Assessor Parcel Number 55-39-00530-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2022
Closed on
Dec 16, 2022
Sold by
Monroe Home Rentals Llc
Bought by
Jones Joshua P
Seller's Agent
Douglas Dale
Key Realty One LLC - South Monroe
Buyer's Agent
Joell Hildebrand
Key Realty One LLC in Monroe
List Price
$267,000
Sold Price
$267,000
Views
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,703
Avg. Annual Appreciation
-3.75%
Original Mortgage
$273,141
Outstanding Balance
$264,995
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
-$25,025
Purchase Details
Closed on
Jun 10, 2020
Sold by
Cantrell Denise
Bought by
Monroe Home Rentals
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jul 18, 2018
Sold by
Cfd Solutions Llc
Bought by
Cantrell Denise
Seller's Agent
Steven Menzel
Ion Real Estate
Buyer's Agent
Russell Cataldo
LPT Realty, LLC
List Price
$52,900
Sold Price
$35,000
Premium/Discount to List
-$17,900
-33.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.37%
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jun 29, 2018
Sold by
Cfd Solutions Llc
Bought by
Cantrell Denise
Seller's Agent
Steven Menzel
Ion Real Estate
Buyer's Agent
Russell Cataldo
LPT Realty, LLC
List Price
$52,900
Sold Price
$35,000
Premium/Discount to List
-$17,900
-33.84%
Purchase Details
Closed on
May 23, 2011
Sold by
Gee Gerline A and Gee Ray E
Bought by
Gee Gerline A and Gee Randy D
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Joshua P | $267,000 | -- | |
| Monroe Home Rentals | $35,000 | Lawyers Title | |
| Cantrell Denise | $35,000 | Fidelity National Title | |
| Cantrell Denise | $35,000 | Fidelity National Title | |
| Gee Gerline A | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2022 12/15/22 | Sold | $267,000 | 0.0% | $100 / Sq Ft |
| 11/15/2022 11/15/22 | Pending | -- | -- | -- |
| 09/08/2022 09/08/22 | For Sale | $267,000 | +662.9% | $100 / Sq Ft |
| 06/29/2018 06/29/18 | Sold | $35,000 | -5.1% | $13 / Sq Ft |
| 06/26/2018 06/26/18 | Pending | -- | -- | -- |
| 06/19/2018 06/19/18 | Price Changed | $36,900 | -7.5% | $14 / Sq Ft |
| 06/05/2018 06/05/18 | Price Changed | $39,900 | -5.0% | $15 / Sq Ft |
| 05/31/2018 05/31/18 | Price Changed | $42,000 | -6.7% | $16 / Sq Ft |
| 05/07/2018 05/07/18 | Price Changed | $45,000 | -10.0% | $17 / Sq Ft |
| 04/12/2018 04/12/18 | Price Changed | $50,000 | -5.5% | $19 / Sq Ft |
| 04/03/2018 04/03/18 | For Sale | $52,900 | -- | $20 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $4,549 | $115,200 | $115,200 | $0 |
| 2024 | $3,266 | $104,430 | $0 | $0 |
| 2023 | $3,186 | $51,030 | $0 | $0 |
| 2022 | $2,809 | $51,030 | $0 | $0 |
| 2021 | $3,543 | $57,160 | $0 | $0 |
| 2020 | $3,152 | $51,960 | $0 | $0 |
| 2019 | $2,108 | $51,960 | $0 | $0 |
| 2018 | $1,265 | $47,040 | $0 | $0 |
| 2017 | $1,670 | $47,040 | $0 | $0 |
| 2016 | $1,638 | $39,600 | $0 | $0 |
| 2015 | $1,584 | $28,070 | $0 | $0 |
| 2014 | $1,584 | $28,070 | $0 | $0 |
| 2013 | -- | $28,410 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Dale
-
Joell Hildebrand
Buyer's Agent in 2022
Joell Hildebrand
Key Realty One LLC in Monroe
(734) 777-2728
1 in this area
47 Total Sales
-
Steven Menzel
Seller's Agent in 2018
Steven Menzel
Ion Real Estate
(734) 341-3333
31 Total Sales
-
Russell Cataldo
Buyer's Agent in 2018
Russell Cataldo
LPT Realty, LLC
(734) 284-8600
3 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50089551
APN: 55-39-00530-000
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