NOT LISTED FOR SALE

3405 5th St Monroe, MI 48162

Estimated Value: $75,000 - $136,000

3 Beds
1.5 Baths
1,680 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $40,000 $24 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $844/month

53 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • 2 Car Detached Garage
  • Beach Access
  • Corner Lot
  • 1-minute walk to Edgewater Street Park

About This Home

As of April 2022

Dream location! Advanced rehabber wanted. Large lot, and empty house. This property sits on the corner of 5th and Edgewater on Detroit Beach. Side elevation views Lake Erie. Elevation report in Docs, raising the foundation by two course of block (I would go three) allows lake viewing from first and second floors, nice! The interior of the home has been removed. One could build any design they wanted (within reason) Sample plan in docs. There are really many options. While the first floor has some walls framed the second floor is empty. I see two suites for bedrooms, one master and one guest. Loads of room. Bring your imagination. If you are an investor there is money to be made here. Buyer must call the Frenchtown Twp. Building depatmart for next steps. Property must be brought up to Township building codes and elevated to meet FEMA guidleines.

Last Agent to Sell the Property

Ray Lemons

Superb Real Estate License #6501267528 Listed on: 11/20/2021

Co-Listed By

Betty Lemons

Superb Real Estate License #6501155698

Last Buyer's Agent

Drew Cheetwood

Social House Real Estate Group LLC License #6501399470

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930 | Remodeled in 2021

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 110.00x100.00
  • Corner Lot
  • Level Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access
  • Seawall
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Detroit Beach Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 580777636300

Home Details

Home Type

Single Family

Year Built

Built in 1930 | Remodeled in 2021

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 63500.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 1680
  • Total Sq Ft: 1680

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 110
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 75
  • Association Fee: Yes

Schools

  • School District: Jefferson Schools-Monroe Co

Lot Info

  • Lot Features: Corner Lot, Level, Water View
  • Lot Size Area: 0.25
  • Lot Dimensions: 110.00X100.00
  • Parcel Number: 580777636300

Tax Info

  • Tax Amount Summer: 463.0000
  • Tax Amount Winter: 1730.0000
  • Total Tax: 2193.0000
  • Taxable Value: 42872.0000

Multi Family

  • Waterfront Features: Sea Wall

MLS Schools

  • School District: Jefferson Schools-Monroe Co

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2017
Sold by
Martin Judith A and Roberts Mark L
Bought by
Martin Judith A and Judith A Martin Living Trust
Current Estimated Value
$122,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,262
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Martin Judith A -- Title Source
Martin Judith A -- Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martin Judith A $54,262
Closed Martin Judithi Ann $57,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $40,000 -16.6% $24 / Sq Ft
02/15/2022 02/15/22 Price Changed $47,990 -3.8% $29 / Sq Ft
01/17/2022 01/17/22 For Sale $49,900 0.0% $30 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $49,900 -- $30 / 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 $2,021 $52,900 $0 $0
2024 $431 $52,900 $0 $0
2023 $410 $34,600 $0 $0
2022 $1,139 $34,600 $0 $0
2021 $2,174 $63,500 $0 $0
2020 $2,187 $52,400 $0 $0
2019 $2,110 $52,400 $0 $0
2018 $2,056 $40,200 $0 $0
2017 $428 $40,200 $0 $0
2016 $1,995 $41,700 $0 $0
2015 $1,954 $38,600 $0 $0
2014 $1,926 $38,600 $0 $0
2013 -- $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ray Lemons

    Superb Real Estate

    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Betty Lemons

    Superb Real Estate

    Section Image
  • Drew Cheetwood

    Buyer's Agent in 2022

    Drew Cheetwood

    Social House Real Estate Group LLC

    (248) 828-5640

    1 in this area

    102 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2210096727

Realcomp

APN: 07-776-363-00

Michigan Monroe County Monroe 48162

3405 5th St, Monroe, MI

This home is located at 3405 5th St, Monroe, MI 48162 since 20 November 2021 and is currently estimated at $110,537, approximately $65 per square foot. This property was built in 1930. 3405 5th St is a home located in Monroe County with nearby schools including Jefferson High School.

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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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