$49,000
- 2 Beds
- 1 Bath
- 870 Sq Ft
- 313 Kentucky Ave
- Monroe, MI
GREAT INVESTMENT OPPORTUNITY, WOULD MAKE A NICE RENTAL PROPERTY AS WELL. NEEDS SOME RENOVATION, GREAT POTENTIAL.
Mary Rosecrans Rosecrans Realty & Associates
401 E 3rd St Monroe, MI 48161
Central Monroe Neighborhood
4
Beds
1
Bath
2,105
Sq Ft
0.25
Acres
Highlights
- Corner Lot
- Patio
- 4-minute walk to Monroe Recreation Department
- Fenced Yard
- Shed
About This Home
As of December 2016This property is now under auction terms. All offers to include pre-auction offers must be submitted via the web site at www.hudsonandmarshall.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions. There is not a set minimum starting bid. Properties designated as Absolute will be sold on regardless of the bid price; all others not designated Absolute will be sold with a reserve.
Last Agent to Sell the Property
Century 21 Allstar Real Estate Team, Inc License #MCAR-6501320324 Listed on: 08/02/2015
Co-Listed By
Art Grego
Century 21 Allstar Real Estate Team, Inc License #MCAR-6501304304
Last Buyer's Agent
Nmls Nmls
Non-MLS Member License #MCAR-2753
Home Details
Home Type
- Single Family
Year Built
- Built in 1873
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 91.5 x 105
- Fenced Yard
- Corner Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,105 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Patio
- Shed
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 39-00557-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2016
Closed on
Dec 5, 2016
Sold by
Echterling John
Bought by
Reed Scott J
Seller's Agent
Julie Gerweck-Dazel
Gerweck Real Estate in Monroe
Buyer's Agent
Laura Gladieux
Berkshire Hathaway Home Service Kee Realty
List Price
$94,900
Sold Price
$70,000
Premium/Discount to List
-$24,900
-26.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,887
Avg. Annual Appreciation
11.55%
Original Mortgage
$67,900
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2015
Closed on
Jul 1, 2016
Sold by
Fannie Mae
Bought by
Invest Detroit Llc
Seller's Agent
Amy Smith
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Nmls Nmls
Non-MLS Member
Sold Price
$40,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
305.13%
Purchase Details
Closed on
Jun 23, 2015
Sold by
Saenz Richard R and Saenz Suzanne M
Bought by
Fannie Mae
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Deed | $40,000 | First American Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,200 | New Conventional | |
| Closed | $67,900 | New Conventional | |
| Previous Owner | $136,025 | New Conventional | |
| Previous Owner | $136,000 | New Conventional | |
| Previous Owner | $10,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2016 12/05/16 | Sold | $70,000 | -12.4% | $33 / Sq Ft |
| 09/08/2016 09/08/16 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | Price Changed | $79,900 | -15.8% | $38 / Sq Ft |
| 07/19/2016 07/19/16 | For Sale | $94,900 | +137.3% | $45 / Sq Ft |
| 07/12/2016 07/12/16 | Sold | $40,000 | 0.0% | $19 / Sq Ft |
| 06/22/2016 06/22/16 | Pending | -- | -- | -- |
| 05/03/2016 05/03/16 | For Sale | -- | -- | -- |
| 05/01/2016 05/01/16 | Off Market | $40,000 | -- | -- |
| 04/07/2016 04/07/16 | For Sale | -- | -- | -- |
| 04/01/2016 04/01/16 | Off Market | $40,000 | -- | -- |
| 03/02/2016 03/02/16 | For Sale | -- | -- | -- |
| 03/01/2016 03/01/16 | Off Market | $40,000 | -- | -- |
| 01/06/2016 01/06/16 | Price Changed | $69,900 | -12.5% | $33 / Sq Ft |
| 12/23/2015 12/23/15 | Price Changed | $79,900 | -8.1% | $38 / Sq Ft |
| 12/07/2015 12/07/15 | Price Changed | $86,900 | -8.4% | $41 / Sq Ft |
| 11/04/2015 11/04/15 | Price Changed | $94,900 | -9.5% | $45 / Sq Ft |
| 10/10/2015 10/10/15 | Price Changed | $104,900 | -8.7% | $50 / Sq Ft |
| 09/10/2015 09/10/15 | Price Changed | $114,900 | -6.5% | $55 / Sq Ft |
| 08/02/2015 08/02/15 | For Sale | $122,900 | -- | $58 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $1,712 | $82,110 | $0 | $0 |
| 2023 | $1,637 | $65,430 | $0 | $0 |
| 2022 | $2,181 | $65,430 | $0 | $0 |
| 2021 | $2,107 | $62,810 | $0 | $0 |
| 2020 | $1,962 | $54,040 | $0 | $0 |
| 2019 | $1,860 | $54,040 | $0 | $0 |
| 2018 | $1,807 | $44,850 | $0 | $0 |
| 2017 | $1,782 | $44,850 | $0 | $0 |
| 2016 | $1,736 | $40,720 | $0 | $0 |
| 2015 | $1,677 | $29,730 | $0 | $0 |
| 2014 | $1,677 | $29,730 | $0 | $0 |
| 2013 | -- | $29,760 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Gerweck-Dazel
Seller's Agent in 2016
Julie Gerweck-Dazel
Gerweck Real Estate in Monroe
(734) 755-1557
2 in this area
107 Total Sales
-
Amy Smith
Seller's Agent in 2016
Amy Smith
Century 21 Allstar Real Estate Team, Inc
(734) 755-0186
39 Total Sales
-
A
Seller Co-Listing Agent in 2016
Art Grego
Century 21 Allstar Real Estate Team, Inc
-
L
Buyer's Agent in 2016
Laura Gladieux
Berkshire Hathaway Home Service Kee Realty
-
N
Buyer's Agent in 2016
Nmls Nmls
Non-MLS Member
Map
Source: Michigan Multiple Listing Service
MLS Number: 20445507
APN: 55-39-00557-000
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