NOT LISTED FOR SALE

305 Borgess Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $180,000 - $239,000

4 Beds
2 Baths
1,412 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $142,000 $101 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,407/month

41 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Fenced
  • Shed
  • Ceiling Fan

About This Home

As of December 2018

FULL BRICK BEAUTY LOCATED IN ONE OF MONROE`S CHARMING NEIGHBORHOODS. FEATURES 4 BEDROOMS, 1 1/2 BATHS, FAMILY ROOM IN BASEMENT WITH A HALF BATH, WOOD BURNING FIREPLACE IN LIVING ROOM, NEWER ROOF IN FALL OF 2016, REPLACEMENT WINDOWS, FENCED BACK YARD WITH NICE LANDSCAPING! JUST A SHORT WALK TO DOWNTOWN AND ST. MARY'S PARK FOR THE SUMMER CONCERTS. MAKE YOUR APPOINTMENT TODAY!

Last Agent to Sell the Property

Alan Haynes

Coldwell Banker Haynes R E-Dundee License #6502134087 Listed on: 07/26/2018

Coldwell Banker Haynes R E-Dundee

Last Buyer's Agent

Lynda Nickelson

Coldwell Banker Haynes R.E. in Monroe License #6501389700

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x123.00
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Stone Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 58556901426000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,809

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sump Pump
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Stove
  • Sq Ft Combined: 2287
  • Sq Ft Lower Floor: 875
  • Total Sq Ft: 1412
  • Sq Ft Total Bsmt: 875

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Stone
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fans 2+, Central Air
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water

Schools

  • School District: Monroe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1153653.8462
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X123.00
  • Parcel Number: 58556901426000

Tax Info

  • Tax Amount Summer: 1323.0000
  • Tax Amount Winter: 486.0000
  • Total Tax: 1809.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Oct 26, 2018
Sold by
Richards Robert J and Richards Nan
Bought by
Davis Russell H and Davis Joye Ballard
Seller's Agent
Donna Overmyer
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lynda Nickelson
Coldwell Banker Haynes R.E. in Monroe
List Price
$149,975
Sold Price
$142,000
Premium/Discount to List
-$7,975
-5.32%
Current Estimated Value
$205,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,739
Avg. Annual Appreciation
5.50%
Original Mortgage
$113,600
Outstanding Balance
$99,684
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$106,055

Purchase Details

Closed on
Aug 8, 2001
Sold by
Hauser Shirley
Bought by
Schultz Jeffrey and Schultz Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Davis Russell H $142,000 Lawyers Title
Schultz Jeffrey $137,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Russell H $113,600
Previous Owner Schultz Jeffrey $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold $142,000 -5.3% $101 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $149,975 -- $106 / 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 $3,795 $82,500 $82,500 $0
2024 $1,922 $78,640 $0 $0
2023 $1,838 $62,930 $0 $0
2022 $3,463 $62,930 $0 $0
2021 $3,347 $64,220 $0 $0
2020 $3,171 $51,500 $0 $0
2019 $2,994 $51,500 $0 $0
2018 $1,847 $52,390 $0 $0
2017 $1,809 $52,390 $0 $0
2016 $1,766 $51,560 $0 $0
2015 $1,694 $46,050 $0 $0
2014 $1,694 $46,050 $0 $0
2013 -- $43,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alan Haynes

    Coldwell Banker Haynes R E-Dundee

    Section Image
  • Lynda Nickelson

    Buyer's Agent in 2018

    Lynda Nickelson

    Coldwell Banker Haynes R.E. in Monroe

    (734) 652-0358

    10 in this area

    72 Total Sales

    Lynda Nickelson
    Section Image
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Map

Source: Realcomp

MLS Number: 218071877

Realcomp

APN: 55-69-01426-000

Michigan Monroe County Monroe 48162 Northeast Monroe

305 Borgess Ave, Monroe, MI

This home is located at 305 Borgess Ave, Monroe, MI 48162 since 26 July 2018 and is currently estimated at $205,739, approximately $145 per square foot. This property was built in 1940. 305 Borgess Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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