NOT LISTED FOR SALE

303 E Lorain St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $174,000 - $191,000

4 Beds
1.5 Baths
1,668 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $96,000 $58 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,232/month

93 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Baseboard Heating
  • 2 Car Detached Garage
  • Bungalow
  • 2-minute walk to Arbor Lorain Park

About This Home

As of May 2019

Character filled Arts and Crafts Bungalow near downtown parks and shops. Longtime family ownership has left many original details in great condition. Screened front porch with arched windows, large living room with brick fireplace and built-in bookcases. Bright front sunroom, large formal dining room, kitchen features wood cupboards, and appliances. First floor master bedroom, first floor lavatory. Hardwood oak flooring under most carpet. Upstairs features three additional bedrooms, all bright and featuring oak floors. The main bath is vintage correct with pedestal sink, "basket weave" tile floor, and linen drawers. Two car garage (needs attention), nice sized 38 x 200 lot. It’s all here, just need some new energy and love. Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 12/26/2018

RE/MAX First

Last Buyer's Agent

Diane Braykovich

RE/MAX Classic License #RCO-6501119640

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 38 x 200
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58555901836000
  • $2,880 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: Unknown
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 1668
  • Total Sq Ft: 1668
  • Sq Ft Total Bsmt: 970

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 38
  • Porch Type: Patio, Porch, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Monroe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 583333.3333
  • Lot Size Area: 0.18
  • Lot Dimensions: 38 x 200
  • Parcel Number: 58555901836000

Tax Info

  • Tax Amount Summer: 1333.0000
  • Tax Amount Winter: 545.0000
  • Total Tax: 1878.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Alexander Coric
Bought by
Barrett Timothy
Current Estimated Value
$183,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,120
Outstanding Balance
$82,884
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$96,071

Purchase Details

Listed on
Dec 26, 2018
Closed on
May 9, 2019
Sold by
Alexander Coric
Bought by
Barrett Timothy
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Diane Braykovich
RE/MAX Classic
List Price
$125,000
Sold Price
$96,000
Premium/Discount to List
-$29,000
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$93,120
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Barrett Timothy $96,000 New Title Company Name
Barrett Timothy $96,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Timothy $93,120
Previous Owner Barrett Timothy $93,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $96,000 -8.6% $58 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
02/08/2019 02/08/19 Price Changed $105,000 -8.7% $63 / Sq Ft
01/14/2019 01/14/19 Price Changed $115,000 -8.0% $69 / Sq Ft
12/26/2018 12/26/18 For Sale $125,000 -- $75 / 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 $2,807 $90,800 $90,800 $0
2024 $2,010 $80,980 $0 $0
2023 $1,922 $58,310 $0 $0
2022 $2,560 $58,310 $0 $0
2021 $2,545 $58,110 $0 $0
2020 $2,478 $55,270 $0 $0
2019 $1,874 $55,270 $0 $0
2018 $1,878 $57,340 $0 $0
2017 $1,842 $57,340 $0 $0
2016 $1,800 $46,710 $0 $0
2015 $1,726 $43,660 $0 $0
2014 $1,726 $43,660 $0 $0
2013 -- $43,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Weber

    Seller's Agent in 2019

    Keith Weber

    RE/MAX of Southeast Michigan

    (248) 561-2708

    1 in this area

    125 Total Sales

    Keith Weber
    Section Image

  • D

    Buyer's Agent in 2019

    Diane Braykovich

    RE/MAX

    (248) 348-3000

    23 Total Sales

    Diane Braykovich
    Section Image
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Map

Source: Realcomp

MLS Number: 218120045

Realcomp

APN: 55-59-01836-000

Michigan Monroe County Monroe 48162 Northeast Monroe

303 E Lorain St, Monroe, MI

This home is located at 303 E Lorain St, Monroe, MI 48162 since 26 December 2018 and is currently estimated at $183,573, approximately $110 per square foot. This property was built in 1927. 303 E Lorain St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Zion Lutheran School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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