NOT LISTED FOR SALE

405 Richards Dr Monroe, MI 48162

Northwest Monroe Neighborhood

Estimated Value: $232,000 - $288,000

3 Beds
1 Bath
975 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $238,000 $244 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,543/month

44 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 2-minute walk to Manor Park
  • 2.5 Car Detached Garage

About This Home

As of July 2024

*Highest & Best Due 5/21/2024 by 6 p.m.*Nestled in the charming town of Monroe, Michigan, this inviting brick ranch boasts three bedrooms, a single bathroom, and a spacious two-car garage, offering both comfort and convenience. With a classic brick exterior, the home exudes timeless appeal while providing durability. The fenced-in yard ensures privacy and security, perfect for outdoor gatherings or simply enjoying a moment of tranquility. Whether you're seeking a cozy family retreat or a place to entertain, this property offers the ideal balance of functionality and charm in a desirable neighborhood setting.

Last Agent to Sell the Property

Corey Welch

eXp Realty LLC in Monroe License #MCAR-6506047955 Listed on: 05/15/2024

eXp Realty LLC in Monroe

Co-Listed By

Jacob Levicki

eXp Realty LLC in Monroe License #MCAR-6501450189

Last Buyer's Agent

Nini Riggs

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501388620

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 83x109

Parking

  • 2.5 Car Detached Garage

Home Design

  • 975 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Stone Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Basement

Community Details

  • Riverside Manor 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-69-00333-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2327
  • Year Built: 1957
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 13 x 10
  • Bedroom 2: On Main Floor, Dimensions: 10 x 10
  • Bedroom 3: On Main Floor, Dimensions: 10 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Kitchen: On Main Floor, Dimensions: 8 x 9
  • Living Room: On Main Floor, Dimensions: 20 x 14
  • Above Grade Finished Sq Ft: 975
  • Total Finished Sq Ft: 975

Exterior Features

  • Exterior: Brick, Stone
  • Foundation: Basement
  • Frontage: 83

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 55-69-00333-055
  • Lot Dimensions: 83x109
  • Acreage: 0.21
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,675.00
  • Winter Tax: Year: 2023, Amount: $652.00
  • Total Tax: Amount: $2,327.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 9, 2024
Sold by
Rios Daniel
Bought by
Lannen Richard and Lannen Thalia
Seller's Agent
Corey Welch
eXp Realty LLC in Monroe
Buyer's Agent
Nini Riggs
Coldwell Banker Haynes R.E. in Monroe
List Price
$219,900
Sold Price
$238,000
Premium/Discount to List
$18,100
8.23%
Views
6
Current Estimated Value
$246,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,679
Avg. Annual Appreciation
2.40%
Original Mortgage
$136,800
Outstanding Balance
$135,058
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$111,621

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 3, 2024
Sold by
Rios Daniel
Bought by
Lannen Richard and Lannen Thalia
Seller's Agent
Corey Welch
eXp Realty LLC in Monroe
Buyer's Agent
Nini Riggs
Coldwell Banker Haynes R.E. in Monroe
List Price
$219,900
Sold Price
$238,000
Premium/Discount to List
$18,100
8.23%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Outstanding Balance
$135,058
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$111,621

Purchase Details

Closed on
Feb 16, 2012
Sold by
Wells Fargo Bank
Bought by
Secretary Of Veterans Affairs
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
Lannen Richard $238,000 Michigan Title Insurance Agenc
Lannen Richard $238,000 Michigan Title Insurance Agenc
Lannen Richard $238,000 Michigan Title Insurance Agenc
Secretary Of Veterans Affairs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lannen Richard $136,800
Closed Lannen Richard $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $238,000 +8.2% $244 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $219,900 +189.0% $226 / Sq Ft
07/26/2013 07/26/13 Sold $76,100 +0.1% $78 / Sq Ft View Prior Sale
06/26/2013 06/26/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $76,000 -- $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 $3,063 $96,400 $96,400 $0
2024 $1,751 $85,610 $0 $0
2023 $1,675 $69,310 $0 $0
2022 $2,231 $69,310 $0 $0
2021 $2,155 $63,450 $0 $0
2020 $2,007 $59,840 $0 $0
2019 $1,902 $59,840 $0 $0
2018 $1,849 $50,210 $0 $0
2017 $1,810 $50,210 $0 $0
2016 $1,767 $45,360 $0 $0
2015 $1,853 $48,460 $0 $0
2014 $1,853 $48,460 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corey Welch

    Seller's Agent in 2024

    Corey Welch

    eXp Realty LLC in Monroe

    (734) 260-6538

    39 in this area

    893 Total Sales

    Corey Welch
    Section Image
  • Jacob Levicki

    Seller Co-Listing Agent in 2024

    Jacob Levicki

    eXp Realty LLC in Monroe

    (734) 347-5295

    4 in this area

    184 Total Sales

    Jacob Levicki
    Section Image

  • N

    Buyer's Agent in 2024

    Nini Riggs

    Coldwell Banker Haynes R.E. in Monroe

    (734) 693-7294

    10 in this area

    103 Total Sales

    Nini Riggs
    Section Image
  • Amy Smith

    Seller's Agent in 2013

    Amy Smith

    eXp Realty LLC in Troy

    (734) 755-0186

    3 in this area

    34 Total Sales

    Amy Smith
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Art Grego

    Century 21 Allstar Real Estate Team, Inc

  • M

    Buyer's Agent in 2013

    Miguel Gomez

    Key Realty One LLC - Monroe

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50142039

Michigan Multiple Listing Service

APN: 55-69-00333-055

Michigan Monroe County Monroe 48162 Northwest Monroe

405 Richards Dr, Monroe, MI

Not Listed for Sale

Detached

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