NOT LISTED FOR SALE

3150 N Monroe St Monroe, MI 48162

Estimated Value: $107,000 - $186,000

3 Beds
1 Bath
1,120 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $120,000 $107 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $887/month

50 Days on Market

Highlights

  • 0.73 Acre Lot
  • Ground Level Unit
  • Forced Air Heating System
  • Ranch Style House
  • No HOA

About This Home

As of December 2023

Beautifully refinished ranch with tons of property. Lot goes all the way to the street behind it. Friendly neighborhood located close to town but far enough away to not feel cramped. Close to the highways and Sterling State Park. Offering buyer friendly land contract terms. Stop renting and own your home today!!!

Last Agent to Sell the Property

Michael Cowper

Braven Enterprises LLC License #6501390540 Listed on: 10/12/2023

Last Buyer's Agent

Corey Welch

eXp Realty LLC in Monroe License #6506047955

eXp Realty LLC in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 60.00 x 530.00

Home Design

  • 1,120 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 580735305800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,254

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1941
  • State Equalized Value: 48800.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 195205.4700
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1120

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.73
  • Lot Dimensions: 60.00 x 530.00
  • Parcel Number: 580735305800

Rental Info

  • Deposit Amount: 15000.00

Tax Info

  • Tax Amount Summer: 432.0000
  • Tax Amount Winter: 822.0000
  • Total Tax: 1254.0000
  • Taxable Value: 40042.0000

MLS Schools

  • School District: Airport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2025
Sold by
Welch Acquisitions Llc
Bought by
Welch Corey
Current Estimated Value
$158,056

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 13, 2023
Sold by
Return On Investments Llc
Bought by
Welch Acquisitions Llc
Seller's Agent
Michael Cowper
Braven Enterprises LLC
Buyer's Agent
Corey Welch
eXp Realty LLC in Monroe
List Price
$150,500
Sold Price
$120,000
Premium/Discount to List
-$30,500
-20.27%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$110,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 8, 2023
Sold by
Return On Investments Llc
Bought by
Welch Acquisitions Llc
Seller's Agent
Michael Cowper
Braven Enterprises LLC
Buyer's Agent
Corey Welch
eXp Realty LLC in Monroe
List Price
$150,500
Sold Price
$120,000
Premium/Discount to List
-$30,500
-20.27%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2023
Sold by
Allison Victoria L
Bought by
Return On Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2023
Sold by
Springford Victoria L and Allison Victoria L
Bought by
Return On Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
Spurlock Debra E
Bought by
Springford Victoria L

Purchase Details

Closed on
Jan 20, 2005
Sold by
Stateler Elizabeth and Stateler Galen
Bought by
Stateler Elizabeth and Spurlock Debra E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welch Corey -- Tru Title Agency Llc
Welch Acquisitions Llc -- None Listed On Document
Welch Acquisitions Llc -- None Listed On Document
Welch Acquisitions Llc $120,000 None Listed On Document
Return On Investments Llc $61,000 Speedy Title & Escrow Services
Return On Investments Llc $61,000 Speedy Title & Escrow Services
Springford Victoria L -- None Listed On Document
Stateler Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Acquisitions Llc $110,500
Previous Owner Return On Investments Llc $95,000
Previous Owner Return On Investments Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $120,000 -15.8% $107 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $142,500 -5.3% $127 / Sq Ft
10/12/2023 10/12/23 For Sale $150,500 +135.2% $134 / Sq Ft
05/13/2013 05/13/13 Sold $64,000 -24.6% $57 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
01/25/2012 01/25/12 For Sale $84,900 -- $76 / Sq Ft
Source: Realcomp

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 $582 $56,200 $56,200 $0
2024 $565 $52,300 $0 $0
2023 $454 $48,800 $0 $0
2022 $1,254 $48,800 $0 $0
2021 $1,212 $47,700 $0 $0
2020 $1,228 $43,300 $0 $0
2019 $1,173 $43,300 $0 $0
2018 $1,141 $40,400 $0 $0
2017 $387 $40,400 $0 $0
2016 $1,130 $40,400 $0 $0
2015 $1,040 $34,900 $0 $0
2014 $1,026 $34,900 $0 $0
2013 -- $37,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230087338

Realcomp

APN: 07-353-058-00

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