NOT LISTED FOR SALE

427 E Elm Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $249,194 - $291,000

6 Beds
3 Baths
3,040 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $45,000 $15 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $1,782/month

Highlights

  • 0.31 Acre Lot
  • Wood Flooring
  • Wood Siding
  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Cappuccilli Park

About This Home

As of September 2019

This is a duplex that can be converted in to a beautiful single family home with the right vision and hard work. Or keep it as a duplex and generate income! 2 bedrooms on one side and 4 on the other side. 3 full baths - one half bath. This home has lots of potential but does need a lot of work inside and out - Huge home just over 3,000 sq. ft. lots of parking - shared driveway. Nice size yard in back. Full basement - buyer's agent to verify ALL info - All buyers need to be accompanied by a Realtor.

Last Agent to Sell the Property

Allison Grego

Century 21 Allstar Real Estate Team, Inc License #MCAR-6501401891 Listed on: 08/26/2019

Century 21 Allstar Real Estate Team, Inc

Last Buyer's Agent

Ernie Monhollen

Coldwell Banker Haynes License #HCBR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 0.31 Acre Lot
  • 84 Ft Wide Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 59-01166-000

Home Details

Home Type

Single Family

Year Built

Built in 1850

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: 3477.13
  • Year Built: 1850
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 15
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Upper Floor, Dimensions: 8 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 15
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On Main Floor, Dimensions: 8 x 10
  • Bedroom 4 Floor Covering: Wood
  • Bedroom 5: On Main Floor, Dimensions: 8 x 10
  • Bedroom 6: On Main Floor, Dimensions: 8 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: On Level: Main
  • Bathroom 2: Dimensions: 8 x 10, On Level: Upper
  • Bathroom 3: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 20 x 25
  • Kitchen: On Main Floor, Dimensions: 20 x 25
  • Living Room: On Main Floor, Dimensions: 20 x 20
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1500
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3040
  • Total Finished Sq Ft: 3040

Exterior Features

  • Exterior: Wood
  • Foundation: Basement
  • Frontage: 84

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 59-01166-000
  • Lot Dimensions: 0.30
  • Acreage: 0.31
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,744.52
  • Winter Tax: Year: 2018, Amount: $1,732.61
  • Total Tax: Amount: $3,477.13

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 4, 2019
Sold by
Joseph Roe
Bought by
Runck Kenneth Ray and Mathews Pamela A
Seller's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Ernie Monhollen
Coldwell Banker Haynes
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Current Estimated Value
$268,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,299
Avg. Annual Appreciation
33.12%

Purchase Details

Listed on
Aug 26, 2019
Closed on
Sep 27, 2019
Sold by
Joseph Roe
Bought by
Runck Kenneth Ray and Mathews Pamela A
Seller's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Ernie Monhollen
Coldwell Banker Haynes
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 10, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Roe Joseph
Seller's Agent
Art Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Art Grego
Century 21 Allstar Real Estate Team, Inc
List Price
$44,900
Sold Price
$35,000
Premium/Discount to List
-$9,900
-22.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Fleszar Andrew M and Fleszar Kimberlyn G
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac
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
Runck Kenneth Ray $45,000 Lawyers Title
Runck Kenneth Ray $45,000 Lawyers Title
Roe Joseph $35,000 None Available
Federal Home Loan Mortgage Corporation $116,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $45,000 -28.0% $15 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $62,500 -10.6% $21 / Sq Ft
08/26/2019 08/26/19 For Sale $69,900 +99.7% $23 / Sq Ft
06/12/2015 06/12/15 Sold $35,000 -22.0% $13 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $44,900 -- $16 / 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 $4,305 $148,000 $148,000 $0
2024 $3,091 $118,670 $0 $0
2023 $2,956 $56,390 $0 $0
2022 $2,246 $56,390 $0 $0
2021 $3,070 $51,920 $0 $0
2020 $2,802 $77,120 $0 $0
2019 $3,474 $77,120 $0 $0
2018 $3,608 $61,120 $0 $0
2017 $3,656 $61,120 $0 $0
2016 $3,313 $56,660 $0 $0
2015 $3,061 $43,510 $0 $0
2014 $3,061 $43,510 $0 $0
2013 -- $53,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Allison Grego

    Century 21 Allstar Real Estate Team, Inc

    (734) 241-2700

    6 in this area

    76 Total Sales

    Allison Grego
    Section Image

  • E

    Buyer's Agent in 2019

    Ernie Monhollen

    Coldwell Banker Haynes

  • A

    Seller's Agent in 2015

    Art Grego

    Century 21 Allstar Real Estate Team, Inc

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31392292

Michigan Multiple Listing Service

APN: 55-59-01166-000

Michigan Monroe County Monroe 48162 Northeast Monroe

427 E Elm Ave, Monroe, MI

This home is located at 427 E Elm Ave, Monroe, MI 48162 since 26 August 2019 and is currently estimated at $268,299, approximately $88 per square foot. This property was built in 1850. 427 E Elm Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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