NOT LISTED FOR SALE

3245 Mentel Rd Monroe, MI 48162

Estimated Value: $84,000 - $115,197

2 Beds
1 Bath
734 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $60,101 $82 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $549/month

34 Days on Market

Highlights

  • 0.67 Acre Lot
  • 1-Story Property
  • Forced Air Heating System
  • Bungalow

About This Home

As of January 2024

This cozy 2-bedroom fixer-upper home is located on Mentel RD, a charming street in need of everything. Despite its current state of disrepair, there is tremendous potential for renovation and personalization. The interior requires significant attention, as it needs nearly everything to be updated. However, this blank canvas allows for endless possibilities to transform this house into a comfortable and modern dwelling. Although this property is in need of extensive repairs, the affordable price reflects the opportunity for a buyer with a vision to make it their own. For those seeking a project and the chance to build equity, this fixer-upper is the ideal option. With the right DIY person you could absolutely build a lot of equity. With its small size repair costs and time to repair are lower than normal.

Last Agent to Sell the Property

Jeffery Tooley

Howard Hanna - Monroe License #MCAR-6501381635 Listed on: 11/11/2023

Howard Hanna - Monroe

Last Buyer's Agent

Sherry Perry

RE/MAX Dynamic License #RCO-6501247497

RE/MAX Dynamic

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 150x200

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 07-022-019-00

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 1655.47
  • Year Built: 1920
  • Mail City: Monroe
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 12 x 11
  • Bedroom 2: On Main Floor, Dimensions: 12 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Kitchen: On Main Floor, Dimensions: 10 x 10
  • Living Room: On Main Floor, Dimensions: 16 x 10
  • Above Grade Finished Sq Ft: 734
  • Total Finished Sq Ft: 734

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 150

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 07-022-019-00
  • Lot Dimensions: 150x200
  • Acreage: 0.67
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $277.40
  • Winter Tax: Year: 2022, Amount: $1,378.07
  • Total Tax: Amount: $1,655.47

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Jan 18, 2024
Sold by
Csmc 2017-Rpl2 Trust
Bought by
Nemeth Joseph G
Seller's Agent
Jeffery Tooley
Howard Hanna - Monroe
Buyer's Agent
Sherry Perry
RE/MAX Dynamic
List Price
$57,200
Sold Price
$60,101
Premium/Discount to List
$2,901
5.07%
Views
229
Current Estimated Value
$98,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,698
Avg. Annual Appreciation
28.06%

Purchase Details

Listed on
Nov 11, 2023
Closed on
Jan 10, 2024
Sold by
Csmc 2017-Rpl2 Trust
Bought by
Nemeth Joseph G
Seller's Agent
Jeffery Tooley
Howard Hanna - Monroe
Buyer's Agent
Sherry Perry
RE/MAX Dynamic
List Price
$57,200
Sold Price
$60,101
Premium/Discount to List
$2,901
5.07%
Views
229

Purchase Details

Closed on
Nov 17, 2022
Sold by
Sheriff Of Monroe County
Bought by
Csmc 2017-Rpl2 Trust

Purchase Details

Closed on
Jun 6, 2001
Sold by
Thompson Dale
Bought by
Downing Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
7.16%
Mortgage Type
New Conventional
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
Nemeth Joseph G $60,101 None Listed On Document
Nemeth Joseph G $60,101 None Listed On Document
Csmc 2017-Rpl2 Trust $80,735 --
Downing Richard $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downing Richard $62,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $60,101 +20.4% $82 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/05/2023 12/05/23 Price Changed $49,900 -12.8% $68 / Sq Ft
11/11/2023 11/11/23 For Sale $57,200 -- $78 / 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 $445 $41,200 $9,100 $32,100
2024 $306 $39,100 $0 $0
2023 $291 $35,400 $0 $0
2022 $1,655 $35,400 $0 $0
2021 $1,193 $29,600 $0 $0
2020 $754 $47,100 $0 $0
2019 $780 $47,100 $0 $0
2018 $761 $28,400 $0 $0
2017 $249 $27,500 $0 $0
2016 $679 $27,500 $0 $0
2015 $657 $22,400 $0 $0
2014 $648 $22,400 $0 $0
2013 -- $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50127629

Michigan Multiple Listing Service

APN: 07-022-019-00