NOT LISTED FOR SALE

416 Michigan Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $136,000 - $175,000

4 Beds
1 Bath
1,269 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $57,000 $45 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $950/month

117 Days on Market

Highlights

  • Deck
  • Bungalow
  • Forced Air Heating System
  • Patio
  • Shed
  • 2-minute walk to Central Park

About This Home

As of May 2016

Nice bungalow with fence in rear yard. Easy access to expressway. Nice bungalow located by Mason Run. Full basement with half bath. 2 bedrooms up and 2 bedrooms down. Bonus room upstairs could be used as a 5th bedroom. Large covered porch. enjoy the backyard on the deck or patio.

Last Agent to Sell the Property

Scott Harris

Howard Hanna - Monroe License #MCAR-6501232803 Listed on: 12/04/2015

Howard Hanna - Monroe

Last Buyer's Agent

Cherie Shields

Gerweck Real Estate in Monroe License #MCAR-6501370773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x120

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

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

Community Details

  • Winkworth Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58555901503000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 1926

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 1/2 Story
  • Total Tax Amount: 1088.31
  • Year Built: 1926
  • Mail City: Monroe
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Basement: Yes
  • Basement: Full, Partial
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 11 x 11
  • Bedroom 2: On Main Floor, Dimensions: 11 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 15 x 8
  • Bedroom 4: On Upper Floor, Dimensions: 11 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Kitchen: On Main Floor, Dimensions: 22 x 12
  • Library Den: On Upper Floor, Dimensions: 10 x 19
  • Living Room: On Main Floor, Dimensions: 12 x 11
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1269
  • Total Finished Sq Ft: 1269

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio
  • Out Buildings: Shed

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 58555901503000
  • Zoning: Residential
  • Lot Dimensions: 45x120
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $770.87
  • Winter Tax: Amount: $317.44
  • Total Tax: Amount: $1,088.31

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2023
Sold by
Ringel David
Bought by
Ringel Lydia Caroline and Burchett Nolan Michael
Current Estimated Value
$153,109

Purchase Details

Listed on
Dec 4, 2015
Closed on
May 31, 2016
Sold by
Fannie Mae
Bought by
Ringel David and Ringel Kay
Seller's Agent
Scott Harris
Howard Hanna - Monroe
Buyer's Agent
Cherie Shields
Gerweck Real Estate in Monroe
List Price
$80,900
Sold Price
$57,000
Premium/Discount to List
-$23,900
-29.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Dec 26, 2015
Sold by
Barstad Sandy M and The Northern Ohio Investment C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 2002
Sold by
Mommerency Richard
Bought by
Forslund Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1996
Sold by
Mommerency Richard J
Bought by
Victor H Forslund
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
Ringel Lydia Caroline -- --
Ringel David $57,000 Attorney
Federal National Mortgage Association $127,205 None Available
Forslund Victor $36,000 --
Victor H Forslund $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forslund Victor $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $57,000 -4.8% $45 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/05/2016 03/05/16 Price Changed $59,900 -11.8% $47 / Sq Ft
02/04/2016 02/04/16 Price Changed $67,900 -6.9% $54 / Sq Ft
01/04/2016 01/04/16 Price Changed $72,900 -9.9% $57 / Sq Ft
12/04/2015 12/04/15 For Sale $80,900 -- $64 / 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 $1,803 $66,100 $66,100 $0
2024 $1,721 $65,480 $0 $0
2023 $1,334 $50,220 $0 $0
2022 $2,564 $50,220 $0 $0
2021 $2,481 $41,660 $0 $0
2020 $2,355 $42,580 $0 $0
2019 $2,260 $42,580 $0 $0
2018 $2,203 $37,240 $0 $0
2017 $2,215 $37,240 $0 $0
2016 $1,610 $34,680 $0 $0
2015 $1,072 $26,560 $0 $0
2014 $1,072 $26,560 $0 $0
2013 -- $26,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Scott Harris

    Howard Hanna - Monroe

    (734) 652-4581

    1 in this area

    57 Total Sales

    Scott Harris
    Section Image
  • Cherie Shields

    Buyer's Agent in 2016

    Cherie Shields

    Gerweck Real Estate in Monroe

    (734) 652-8254

    4 in this area

    44 Total Sales

    Cherie Shields
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 20454201

Michigan Multiple Listing Service

APN: 55-59-01503-000

Michigan Monroe County Monroe 48162 Northeast Monroe

416 Michigan Ave, Monroe, MI

Not Listed for Sale

Detached

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