NOT LISTED FOR SALE

433 Arbor Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $203,000 - $216,393

4 Beds
2 Baths
1,585 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2023

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

Est. 18% increase in value since last sale

Current estimated payment $1,393 / mo

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

6,098 Sq Ft Lot

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 31, 2023
Sold by
Bought by
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
$209,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,348
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Jun 17, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2016
Sold by
Bought by

Purchase Details

Listed on
May 11, 2015
Closed on
Jul 24, 2015
Sold by
Bought by
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
8.19%
Original Mortgage
$55,200
Interest Rate
4.01%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$177,500 Michigan Title Insurance Agenc
-- None Listed On Document
-- None Available
$88,500 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $183,890
Closed $55,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,199 $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

    97 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

    152 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

    30 Total Sales

    Marianna Frisina
    Section Image
  • Tom Wagner

    Buyer's Agent in 2015

    Tom Wagner

    Howard Hanna - Monroe

    (734) 243-9232

    10 in this area

    178 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

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