NOT LISTED FOR SALE

307 E Lorain St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $174,000 - $228,000

4 Beds
1 Bath
1,396 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $159,900 $115 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,208/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Arbor Lorain Park
  • 2 Car Detached Garage

About This Home

As of November 2023

Welcome home to 307 E Lorain Street nestled in Monroe Michigan. This charming 2 story, 4 bedroom home has plenty of living space. Living room features a beautiful picture window, formal dining room, cozy porch and a basement that includes a full bathroom! New carpet and fresh paint throughout the entire house, this house is move in ready. Spacious 2 car detached garage. Conveniently located near restaurants and schools. Keys at closing. This house will check all of your boxes! Showings start 10/6/23.

Last Agent to Sell the Property

Tyler Meszaros

Key Realty One LLC - Summerfield License #MCAR-6501435618 Listed on: 10/01/2023

Last Buyer's Agent

Kelly Orr

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501327889

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 41x2002

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Monroe High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 555901836001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,205

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 3205.34
  • Year Built: 1923
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 9
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 8
  • Bedroom 4: On Main Floor, Dimensions: 12 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Upper
  • Dining Room: On Main Floor, Dimensions: 12 x 12
  • Kitchen: On Main Floor, Dimensions: 18 x 10
  • Living Room: On Main Floor, Dimensions: 12 x 12
  • Below Grade Sq Ft: 1396
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1396
  • Total Finished Sq Ft: 1396

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 41

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 555901836001
  • Lot Dimensions: 41x2002
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,610.60
  • Winter Tax: Year: 2022, Amount: $1,595.34
  • Total Tax: Amount: $3,205.34

MLS Schools

  • School District: Monroe Public Schools
  • HighSchool: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Nov 8, 2023
Sold by
Arcabascio Anthony Mickele
Bought by
Theisen Shane M
Seller's Agent
Tyler Meszaros
Key Realty One LLC - Summerfield
Buyer's Agent
Kelly Orr
Coldwell Banker Haynes R.E. in Monroe
List Price
$159,900
Sold Price
$159,900
Views
29
Current Estimated Value
$191,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,046
Avg. Annual Appreciation
8.87%
Original Mortgage
$127,920
Outstanding Balance
$125,606
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$66,340

Purchase Details

Listed on
Oct 1, 2023
Closed on
Nov 7, 2023
Sold by
Arcabascio Anthony Mickele
Bought by
Theisen Shane M
Seller's Agent
Tyler Meszaros
Key Realty One LLC - Summerfield
Buyer's Agent
Kelly Orr
Coldwell Banker Haynes R.E. in Monroe
List Price
$159,900
Sold Price
$159,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Outstanding Balance
$125,606
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$66,340

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jun 22, 2015
Sold by
Grodi Randy H and Grodi Jill J
Bought by
Arcabascio Anthony Mickele
Seller's Agent
Jonathan Standifer
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Jonathan Standifer
Century 21 Allstar Real Estate Team, Inc
List Price
$124,900
Sold Price
$117,000
Premium/Discount to List
-$7,900
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$114,875
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2012
Sold by
Grodi Randy H and Grodi Jill J
Bought by
Grodi Jill J and Grodi Randy H

Purchase Details

Closed on
Nov 20, 2002
Sold by
Maurer June
Bought by
Grodi Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Theisen Shane M $159,900 Lawyers Title Agency Of Monroe
Theisen Shane M $159,900 Lawyers Title Agency Of Monroe
Arcabascio Anthony Mickele $117,000 Lawyers Title
Grodi Jill J -- --
Grodi Randy $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theisen Shane M $127,920
Closed Theisen Shane M $127,920
Previous Owner Arcabascio Anthony Mickele $114,875
Previous Owner Grodi Randy $80,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Sold $159,900 0.0% $115 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $159,900 +36.7% $115 / Sq Ft
06/15/2015 06/15/15 Sold $117,000 -6.3% $84 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $124,900 -- $89 / 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
2025 $2,441 $83,500 $83,500 $0
2024 $2,306 $73,730 $0 $0
2023 $1,675 $53,360 $0 $0
2022 $3,206 $53,360 $0 $0
2021 $2,207 $53,150 $0 $0
2020 $2,061 $53,540 $0 $0
2019 $1,958 $53,540 $0 $0
2018 $1,906 $55,010 $0 $0
2017 $1,869 $55,010 $0 $0
2016 $1,827 $45,160 $0 $0
2015 $2,145 $37,010 $0 $0
2014 $2,145 $37,010 $0 $0
2013 -- $37,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Meszaros

    Seller's Agent in 2023

    Tyler Meszaros

    Key Realty One LLC - Summerfield

    (734) 625-6679

    3 in this area

    28 Total Sales

    Tyler Meszaros
    Section Image
  • Kelly Orr

    Buyer's Agent in 2023

    Kelly Orr

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-2370

    1 in this area

    38 Total Sales

    Kelly Orr
    Section Image
  • Jonathan Standifer

    Seller's Agent in 2015

    Jonathan Standifer

    Century 21 Allstar Real Estate Team, Inc

    (734) 497-8432

    11 in this area

    98 Total Sales

    Jonathan Standifer
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50123664

Michigan Multiple Listing Service

APN: 55-59-01836-001

Michigan Monroe County Monroe 48162 Northeast Monroe

307 E Lorain St, Monroe, MI

Not Listed for Sale

Detached

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