NOT LISTED FOR SALE

3405 W Albain Rd Monroe, MI 48161

Estimated Value: $405,000

4 Beds
1 Bath
1,698 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $239,900 $141 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • 31.98 Acre Lot
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Farm
  • Farmhouse Style Home
  • Living Room

About This Home

As of March 2022

Super opportunity to own your own farm. **ENTER WITH CAUTION** City conveniences. Farm house needs work, some work has been started but you have a clean slate in an essence to complete as you want. Has new roof, hot water heater, 2 sump pumps and some new electric. 32 tiled acres, approx 28 currently being farmed, seller to retain crop rights through harvesting. Winter wheat to be harvested July 2022. Deer and Turkey can be found on the property.

Last Agent to Sell the Property

Julie Gerweck-Dazel

Gerweck Real Estate in Monroe License #MCAR-6502341176 Listed on: 08/24/2021

Last Buyer's Agent

Joseph Darany

MBA Realty License #6501433826

MBA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 31.98 Acre Lot
  • 197 Ft Wide Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Farmhouse Style Home
  • Metal Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Sump Pump

Utilities

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

Additional Features

  • Breezeway
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 12-010-417-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,512

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Total Tax Amount: 3512
  • Year Built: 9999
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: MI Basement, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 15 x 14
  • Bedroom 2: On Main Floor, Dimensions: 15 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 16 x 9
  • Bedroom 4: On Upper Floor, Dimensions: 15 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Upper
  • Room Types: Breezeway, First Floor Bedroom, Living Room, Eat-In Kitchen
  • Kitchen: On Main Floor, Dimensions: 13 x 12
  • Living Room: On Main Floor, Dimensions: 17 x 14
  • Other Room 2: Dimensions: 9x8, On Level: Main
  • Below Grade Sq Ft: 710
  • Above Grade Finished Sq Ft: 1698
  • Total Finished Sq Ft: 1698

Exterior Features

  • Exterior: Aluminum, Metal Siding
  • Foundation: Basement
  • Frontage: 197

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

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: 12-010-417-00
  • Lot Dimensions: 197xirreg
  • Acreage: 31.98
  • Geo Subdivision: MI
  • Site/Lot Features: Farm

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,067.00
  • Winter Tax: Year: 2020, Amount: $2,445.00
  • Total Tax: Amount: $3,512.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Chahrour Sam
Bought by
Cacioppo Adam and Cacioppo Shana
Current Estimated Value
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,551,707
Outstanding Balance
$2,483,427
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$2,078,427

Purchase Details

Closed on
Apr 24, 2023
Sold by
Chahrour Sam
Bought by
Cacioppo Adam and Cacioppo Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,551,707
Outstanding Balance
$2,483,427
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$2,078,427

Purchase Details

Listed on
Aug 24, 2021
Closed on
Mar 25, 2022
Sold by
Johnson Carl B and Johnson Sondra A
Bought by
Chahrour Samuel
Seller's Agent
Julie Gerweck-Dazel
Gerweck Real Estate in Monroe
Buyer's Agent
Joseph Darany
MBA Realty
List Price
$299,900
Sold Price
$239,900
Premium/Discount to List
-$60,000
-20.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Listed on
Feb 7, 2017
Closed on
May 12, 2017
Sold by
Miric Gordana
Bought by
Johnson Carl B and Johnson Sondra A
Seller's Agent
David Foster
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
David Foster
Berkshire Hathaway Home Service Kee Realty
List Price
$199,900
Sold Price
$120,000
Premium/Discount to List
-$79,900
-39.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%
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
Cacioppo Adam $245,000 None Listed On Document
Cacioppo Adam $245,000 None Listed On Document
Chahrour Samuel $239,900 Lawyers Title
Johnson Carl B $120,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cacioppo Adam $2,551,707
Closed Cacioppo Adam $2,551,707
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $239,900 0.0% $141 / Sq Ft
02/22/2022 02/22/22 Price Changed $239,900 -7.7% $141 / Sq Ft
11/21/2021 11/21/21 Price Changed $259,900 -7.2% $153 / Sq Ft
09/07/2021 09/07/21 Price Changed $279,999 -6.6% $165 / Sq Ft
08/24/2021 08/24/21 For Sale $299,900 +149.9% $177 / Sq Ft
05/30/2017 05/30/17 Sold $120,000 -40.0% $71 / Sq Ft View Prior Sale
02/07/2017 02/07/17 For Sale $199,900 -- $118 / 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 $4,239 $155,300 $95,250 $60,050
2024 $1,589 $145,700 $0 $0
2023 $1,477 $131,050 $0 $0
2022 $2,961 $131,050 $0 $0
2021 $3,561 $118,350 $0 $0
2020 $3,511 $115,050 $0 $0
2019 $1,047 $115,050 $0 $0
2018 $3,045 $104,600 $0 $0
2017 $2,647 $100,600 $0 $0
2016 $2,625 $100,600 $0 $0
2015 $2,559 $96,600 $0 $0
2014 $2,523 $96,600 $0 $0
2013 -- $98,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Gerweck-Dazel

    Seller's Agent in 2022

    Julie Gerweck-Dazel

    Gerweck Real Estate in Monroe

    (734) 755-1557

    92 Total Sales

    Julie Gerweck-Dazel
    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Darany

    MBA Realty

    (734) 671-6611

    11 Total Sales

    Joseph Darany
    Section Image

  • D

    Seller's Agent in 2017

    David Foster

    Berkshire Hathaway Home Service Kee Realty

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50052979

Michigan Multiple Listing Service

APN: 12-010-417-00

Michigan Monroe County Monroe 48161

3405 W Albain Rd, Monroe, MI

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