NOT LISTED FOR SALE

420 Riverview Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $157,300 - $178,000

3 Beds
1 Bath
1,152 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $115,000 $100 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,051/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Carpet
  • 2-minute walk to Arbor Lorain Park
  • 1.5 Car Detached Garage

About This Home

As of March 2020

This is one of those homes that has been lovingly maintained by the seller over a period of many years. The main floor boasts a living room with built in cabinetry and a dining room large enough to host many guests. Under the carpet there are hardwood floors just waiting to be showcased! The upstairs bathroom has been updated while still maintaining the beauty of the turn-of-the-century built-in cabinets & drawers. With a lovely yard, tastefully simple landscaping, a garage and walk up attic storage, you simply do not want to miss this opportunity. These gems simply do not come around very often. No commission paid on sellers concessions.

Last Agent to Sell the Property

Lynda Nickelson

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501389700 Listed on: 02/06/2020

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Lee Garling

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501316533

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1.5 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Arborwood Elementary School
  • Monroe Middle School

Community Details

  • Riverview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-59-01243-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 1290.96
  • Total Tax Year: 2019
  • Year Built: 1918
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 9 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second, Flooring: Linoleum
  • Dining Room: On Main Floor, Dimensions: 11 x 13
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 8 x 8
  • Kitchen Floor Covering: Carpet
  • Living Room: On Main Floor, Dimensions: 23 x 11
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 576
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1152
  • Total Finished Sq Ft: 1152

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 50
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 55-59-01243-000
  • Lot Dimensions: 50x120
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $953.55
  • Winter Tax: Year: 2019, Amount: $337.41
  • Total Tax: Year: 2019, Amount: $1,290.96

MLS Schools

  • Elementary School: Arborwood
  • Middle School: Monroe Middle
  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 23, 2020
Sold by
Sayles Timothy C and Hobaugh Sharon S
Bought by
Nation Brandon and Nation Maggie L
Seller's Agent
Lynda Nickelson
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$114,000
Sold Price
$115,000
Premium/Discount to List
$1,000
0.88%
Current Estimated Value
$168,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,825
Avg. Annual Appreciation
6.89%
Original Mortgage
$112,917
Outstanding Balance
$99,813
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$69,012

Purchase Details

Closed on
Oct 9, 2019
Sold by
Sayles Regina E and Sayles Theron F
Bought by
Sayles Timothy C and Banek Sandra M
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
Nation Brandon $115,000 Lawyers Title
Sayles Timothy C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nation Brandon $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $115,000 +0.9% $100 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $114,000 -- $99 / 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 $2,006 $68,900 $68,900 $0
2024 $1,915 $68,490 $0 $0
2023 $1,831 $58,570 $0 $0
2022 $2,439 $58,570 $0 $0
2021 $3,334 $53,790 $0 $0
2020 $1,903 $48,730 $0 $0
2019 $1,253 $48,730 $0 $0
2018 $1,218 $40,850 $0 $0
2017 $1,193 $40,850 $0 $0
2016 $1,164 $37,900 $0 $0
2015 $1,117 $29,210 $0 $0
2014 $1,117 $29,210 $0 $0
2013 -- $33,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Nickelson

    Seller's Agent in 2020

    Lynda Nickelson

    Coldwell Banker Haynes R.E. in Monroe

    (734) 652-0358

    8 in this area

    66 Total Sales

    Lynda Nickelson
    Section Image

  • L

    Buyer's Agent in 2020

    Lee Garling

    Coldwell Banker Haynes R.E. in Monroe

    Section Image
  • Charles Lemerand

    Buyer Co-Listing Agent in 2020

    Charles Lemerand

    Coldwell Banker Haynes R.E. in Monroe

    (734) 731-0317

    5 in this area

    44 Total Sales

    Charles Lemerand
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50005335

Michigan Multiple Listing Service

APN: 55-59-01243-000

Michigan Monroe County Monroe 48162 Northeast Monroe

420 Riverview Ave, Monroe, MI

Not Listed for Sale

Detached

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