NOT LISTED FOR SALE

433 Arbor Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $203,000 - $244,000

4 Beds
2 Baths
1,585 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $177,500 $112 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,654/month

10 Days on Market

About This Home

As of March 2023

Move in ready! Two units perfect as an investment property or can be converted to a single family home. Enclosed porches on both units. Huge living room on lower level unit. Two bedrooms, one bath in each unit. Large basement with half bath. Workshop in the back which could be converted back to a garage by installing door off of the alley.

Last Agent to Sell the Property

Heather Sandlin

Synergy Realty Group License #MCAR-6501431978 Listed on: 02/04/2023

Last Buyer's Agent

Larry Neyhart

Key Realty One LLC - Summerfield License #MCAR-6501410529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

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

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2 Units
  • Riverview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 59-01309-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,727

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2727
  • Total Tax Year: 2021
  • Year Built: 1925
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Bathroom Description: Basement Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Estimated Sq Ft: 1585

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 59-01309-000
  • Lot Dimensions: 50x120
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,730.00
  • Winter Tax: Year: 2021, Amount: $997.00
  • Total Tax: Year: 2021, Amount: $2,727.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 31, 2023
Sold by
Abalos Roberto R and Abalos Cornelia D
Bought by
Pierce Ralph and Pierce Barbara
Seller's Agent
Heather Sandlin
Synergy Realty Group
Buyer's Agent
Larry Neyhart
Key Realty One LLC - Summerfield
List Price
$179,900
Sold Price
$177,500
Premium/Discount to List
-$2,400
-1.33%
Views
70
Current Estimated Value
$218,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,098
Avg. Annual Appreciation
6.60%
Original Mortgage
$183,890
Outstanding Balance
$178,878
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$28,305

Purchase Details

Closed on
Jun 17, 2021
Sold by
Abalos Robert R and Abalos Cornelia D
Bought by
Bumberg Edgar J and Abalos Jacob R

Purchase Details

Closed on
Mar 23, 2016
Sold by
Abalos Robert R and Abalos Cornelia D
Bought by
Abalos Roberto R and Abalos Cornelia D

Purchase Details

Listed on
May 11, 2015
Closed on
Jul 24, 2015
Sold by
Wahl Terry J and Wahl Deborah A
Bought by
Avalos Roberto R and Abalos Cornelia D
Seller's Agent
Marianna Frisina
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Tom Wagner
Howard Hanna - Monroe
List Price
$92,000
Sold Price
$88,500
Premium/Discount to List
-$3,500
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$55,200
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pierce Ralph $177,500 Michigan Title Insurance Agenc
Bumberg Edgar J -- None Available
Abalos Roberto R -- None Available
Avalos Roberto R $88,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Ralph $183,890
Previous Owner Avalos Roberto R $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $177,500 -1.3% $112 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $179,900 +103.3% $114 / Sq Ft
07/24/2015 07/24/15 Sold $88,500 -3.8% $56 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $92,000 -- $58 / 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 $5,549 $100,700 $100,700 $0
2024 $3,120 $99,770 $0 $0
2023 $1,858 $76,110 $0 $0
2022 $2,823 $76,110 $0 $0
2021 $2,727 $62,590 $0 $0
2020 $2,559 $64,460 $0 $0
2019 $2,436 $64,460 $0 $0
2018 $2,369 $54,090 $0 $0
2017 $2,320 $54,090 $0 $0
2016 $2,248 $49,620 $0 $0
2015 $2,066 $36,620 $0 $0
2014 $2,066 $36,620 $0 $0
2013 -- $36,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Sandlin

    Seller's Agent in 2023

    Heather Sandlin

    Synergy Realty Group

    (734) 771-3866

    2 in this area

    91 Total Sales

    Heather Sandlin
    Section Image
  • Larry Neyhart

    Buyer's Agent in 2023

    Larry Neyhart

    Key Realty One LLC - Summerfield

    (419) 262-8120

    1 in this area

    156 Total Sales

    Larry Neyhart
    Section Image
  • Marianna Frisina

    Seller's Agent in 2015

    Marianna Frisina

    Coldwell Banker Haynes R.E. in Monroe

    (734) 755-2292

    3 in this area

    31 Total Sales

    Marianna Frisina
    Section Image
  • Tom Wagner

    Buyer's Agent in 2015

    Tom Wagner

    Howard Hanna - Monroe

    (734) 243-9232

    11 in this area

    189 Total Sales

    Tom Wagner
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50100916

Michigan Multiple Listing Service

APN: 55-59-01309-000

Michigan Monroe County Monroe 48162 Northeast Monroe

433 Arbor Ave, Monroe, MI

This home is located at 433 Arbor Ave, Monroe, MI 48162 since 04 February 2023 and is currently estimated at $218,598, approximately $137 per square foot. This property was built in 1925. 433 Arbor 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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Nearby Homes