$115,000
SOLD APR 23, 2025

308 E Front St Monroe, MI 48161

Central Monroe Neighborhood
3 Beds
2 Baths
1,437 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

32% Below List Price

105 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Private Entrance
  • Entrance Foyer
  • Ceiling Fan
  • 5-minute walk to Monroe Recreation Department

About This Home

As of April 2025

Seller is willing to get creative with the buyers. Bring any & all offers!! Who do you know that has thought about becoming an investor? Look no further. Now with new Conventional guidelines, you could even live in one unit & rent out the other for only 3-5% down! New Roof in 2018, new Vinyl Siding in 2017 & new Water Heater in 2020, newer Wallside Vinyl Windows, plus all the appliances stay (Washer/Dryer hookups are there). READY TO RENT & LIVE IN NOW! Current seller was getting $1000 for the entry level unit last year, which included water, gas, garbage & 1 parking spot in back. Upper unit rented for $650. Also included water, gas, garbage & the other parking spot in back. There is also street parking available in front. Right Downtown Monroe! Short walk across the street to The Raisin River, parks, boating/fishing, restaurants, shopping, etc. Close to the hospital too! Schedule a showing now to view a piece of Monroe's history. The property used to be the pharmacy!

Last Agent to Sell the Property

Pharen Scott

KW Realty Livingston License #6501377257 Listed on: 12/30/2024

KW Realty Livingston

Last Buyer's Agent

Ashley Harrison

MGR Real Estate License #6501450599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1908

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 35 x 64
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,437 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Parking Spaces
  • Lighted Parking
  • On-Street Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 58553900469001

Community Details

Overview

  • 2 Units
  • Wadsworth & Navarre Plat Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1908
  • State Equalized Value: 47310.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Entrance Foyer, Laundry Facility, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1437
  • Total Sq Ft: 1437
  • Sq Ft Total Bsmt: 748

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block, Stone
  • Frontage Feet: 35
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fence Allowed

Garage/Parking

  • MF Parking: Assigned, Lighted, On Street
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: Yes

Schools

  • School District: Monroe

Lot Info

  • Lot Size Area: 0.04
  • Lot Dimensions: 35 x 64
  • Parcel Number: 58553900469001
  • Zoning: Multiple
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Heat, Water/Sewer, Trash Collection, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 931.0000
  • Tax Amount Winter: 450.0000
  • Total Tax: 1381.0000
  • Taxable Value: 29760.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Apr 23, 2025
Sold by
Powers Joel L
Bought by
Harrison Ashey
Seller's Agent
Pharen Scott
KW Realty Livingston
Buyer's Agent
Ashley Harrison
MGR Real Estate
List Price
$169,900
Sold Price
$115,000
Premium/Discount to List
-$54,900
-32.31%
Views
251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.90%

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jul 18, 2018
Sold by
Mclaughlin John T and Mclaughlin Karen D
Bought by
Powers Joel L
Seller's Agent
Ann MacIver
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Judith Slaven
ERA Prime Real Estate Group LLC
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$63,822
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jul 16, 2018
Sold by
Mclaughlin John T and Mclaughlin Karen D
Bought by
Powers Joel L
Seller's Agent
Ann MacIver
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Judith Slaven
ERA Prime Real Estate Group LLC
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
4.6%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $115,000 None Listed On Document
Warranty Deed $65,000 Lawyers Title
Warranty Deed $65,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,297 FHA
Previous Owner $11,377 FHA
Previous Owner $63,822 FHA
Previous Owner $63,822 FHA
Previous Owner $82,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $115,000 -4.2% $80 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $120,000 -6.9% $84 / Sq Ft
03/08/2025 03/08/25 Price Changed $128,900 -4.4% $90 / Sq Ft
02/17/2025 02/17/25 Price Changed $134,900 -3.6% $94 / Sq Ft
02/04/2025 02/04/25 Price Changed $139,900 -3.5% $97 / Sq Ft
01/27/2025 01/27/25 Price Changed $144,900 -3.3% $101 / Sq Ft
01/20/2025 01/20/25 Price Changed $149,900 -3.2% $104 / Sq Ft
01/14/2025 01/14/25 Price Changed $154,900 -3.1% $108 / Sq Ft
01/02/2025 01/02/25 Price Changed $159,900 -5.9% $111 / Sq Ft
12/30/2024 12/30/24 For Sale $169,900 +161.4% $118 / Sq Ft
07/16/2018 07/16/18 Sold $65,000 -5.8% $70 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $69,000 -- $74 / 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
2024 $931 $47,310 $0 $0
2023 $890 $32,280 $0 $0
2022 $1,284 $32,280 $0 $0
2021 $1,240 $27,690 $0 $0
2020 $1,160 $25,300 $0 $0
2019 $1,103 $25,300 $0 $0
2018 $574 $20,640 $0 $0
2017 $751 $20,640 $0 $0
2016 $737 $17,500 $0 $0
2015 $713 $12,630 $0 $0
2014 $713 $12,630 $0 $0
2013 -- $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pharen Scott

    Seller's Agent in 2025

    Pharen Scott

    KW Realty Livingston

    (734) 740-5361

    1 in this area

    86 Total Sales

    Pharen Scott
    Section Image
  • Ashley Harrison

    Buyer's Agent in 2025

    Ashley Harrison

    MGR Real Estate

    (734) 386-0060

    1 in this area

    4 Total Sales

    Ashley Harrison
    Section Image

  • A

    Seller's Agent in 2018

    Ann MacIver

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-6861

    8 Total Sales

    Ann MacIver
    Section Image

  • J

    Buyer's Agent in 2018

    Judith Slaven

    ERA Prime Real Estate Group LLC

See All Agents

Map

Source: Realcomp

MLS Number: 20240094360

Realcomp

APN: 55-39-00469-001

Michigan Monroe County Monroe 48161 Central Monroe

308 E Front St, Monroe, MI

This home is located at 308 E Front St, Monroe, MI 48161 and is currently priced at $115,000, approximately $80 per square foot. This property was built in 1908. 308 E Front St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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