Craig Hickey
Power House Group Realty
(313) 751-3678
214 Total Sales
1 in Northeast Monroe
$165,000 Price
44 E Willow St Monroe, MI 48162
Northeast Monroe Neighborhood
23
Beds
12
Baths
12,204
Sq Ft
0.77
Acre Lot
Highlights
- 0.77 Acre Lot
- Baseboard Heating
- Laundry Facilities
- Patio
About This Home
As of August 2023Incredible Investment Opportunity. A 12 unit (11-two bedrooms & 1-one-bedroom) brick colonial style building, a great location with a walkscore of 83. This very walkable location attracts tenants easily with beautiful local amenities, such as the River Raisin, St Mary's Park, bars, restaurants, coffee and an 8 minute walk to downtown Monroe. Current annual gross income of $145k. All 12 units have been consistently rented over the years of ownership. The property is nestled off the road, making it feel private with a beautiful mature landscape surrounding it. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric, the property owner pays the water. All units have interior entrances. A total of 20 parking spots. Coin Laundry on site. Owner has renovated 9 of the 12 apartments over the last two years.
Last Agent to Sell the Property
Griffin Properties & Management Co License #6504371176 Listed on: 04/17/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1970
Lot Details
- 33,541 Sq Ft Lot
- Lot Dimensions are 90.00 x 372.00
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 12 Full Bathrooms
- 12,204 Sq Ft Home
- 3-Story Property
Parking
- 20 Parking Spaces
- Paved Parking
Outdoor Features
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Back Up Electric Heat Pump System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 58556900014001
Community Details
Overview
- 12 Units
- Anderson Plat Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
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
Apr 17, 2023
Closed on
Aug 25, 2023
Sold by
Bought by
Seller's Agent
Chris Griffin
Griffin Properties & Management Co
Buyer's Agent
Divakar Doddapaneni
Powell Real Estate
List Price
$1,116,000
Sold Price
$970,000
Premium/Discount to List
-$146,000
-13.08%
Views
267
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Outstanding Balance
$657,400
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 11, 2021
Closed on
Feb 24, 2021
Sold by
Bought by
Seller's Agent
Teressa LaFace
EXP Realty Taylor
Buyer's Agent
Chris Griffin
Griffin Properties & Management Co
List Price
$600,000
Sold Price
$600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.18%
Original Mortgage
$450,000
Interest Rate
2.7%
Mortgage Type
Unknown
Purchase Details
Listed on
Mar 12, 2017
Closed on
Sep 13, 2017
Sold by
Bought by
Seller's Agent
William Sloan
W E Sloan Realty
Buyer's Agent
Jill Buterbaugh
RE/MAX Cornerstone
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$341,250
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 16, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 30, 2015
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Monroe, MI
-
Craig Hickey
-
Keith Weber
Keith Weber
RE/MAX First
(248) 413-8134
109 Total Sales
1 in Northeast Monroe
$157,000 Price
-
Alli Henning
Alli Henning
Real Estate One Monroe
(734) 415-6581
148 Total Sales
10 in Northeast Monroe
$126K - $590K Price Range
-
Deborah Wass
Deborah Wass
ERA Prime Real Estate Group
(734) 294-0561
125 Total Sales
1 in Northeast Monroe
$295,000 Price
-
Mike Procissi
Mike Procissi
Power House Group Realty
(734) 767-0449
278 Total Sales
4 in Northeast Monroe
$165K - $275K Price Range
-
Joe Muck
Joe Muck
J Muck Realty
(313) 474-6281
61 Total Sales
1 in Northeast Monroe
$155,000 Price
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 |
|---|---|---|---|
| $970,000 | Minnesota Title | ||
| $600,000 | First Centennial Ttl Agcy In | ||
| $455,000 | -- | ||
| $300,000 | Lawyers Title | ||
| -- | Liberty 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 |
|---|---|---|---|
| Open | $679,000 | ||
| Previous Owner | $365,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $341,250 | ||
| Previous Owner | $250,000 |
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 |
|---|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $970,000 | -13.1% | $79 / Sq Ft | |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- | |
| 05/15/2023 05/15/23 | For Sale | $1,116,000 | 0.0% | $91 / Sq Ft | |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- | |
| 04/17/2023 04/17/23 | For Sale | $1,116,000 | +86.0% | $91 / Sq Ft | |
| 02/24/2021 02/24/21 | Sold | $600,000 | 0.0% | $49 / Sq Ft | View Prior Sale |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- | |
| 01/11/2021 01/11/21 | For Sale | $600,000 | +31.9% | $49 / Sq Ft | |
| 09/13/2017 09/13/17 | Sold | $455,000 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 08/08/2017 08/08/17 | Off Market | $455,000 | -- | -- | |
| 07/07/2017 07/07/17 | Pending | -- | -- | -- | |
| 03/12/2017 03/12/17 | For Sale | $489,000 | -- | $40 / Sq Ft |
Source: Realcomp
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 | $9,776 | $307,700 | $39,340 | $268,360 |
| 2024 | $9,623 | $307,740 | $0 | $0 |
| 2023 | $9,821 | $303,820 | $0 | $0 |
| 2022 | $18,864 | $303,820 | $0 | $0 |
| 2021 | $14,043 | $226,550 | $0 | $0 |
| 2020 | $13,565 | $228,990 | $0 | $0 |
| 2019 | $12,995 | $228,990 | $0 | $0 |
| 2018 | $12,647 | $145,610 | $0 | $0 |
| 2017 | $8,434 | $145,610 | $0 | $0 |
| 2016 | $9,073 | $145,610 | $0 | $0 |
| 2015 | $8,135 | $144,170 | $0 | $0 |
| 2014 | $8,135 | $144,170 | $0 | $0 |
| 2013 | -- | $142,990 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Griffin
Seller's Agent in 2023
Chris Griffin
Griffin Properties & Management Co
(313) 383-3938
1 in this area
16 Total Sales
-
Divakar Doddapaneni
D
Buyer's Agent in 2023
Divakar Doddapaneni
Powell Real Estate
(248) 524-1600
1 in this area
22 Total Sales
-
T
Seller's Agent in 2021
Teressa LaFace
EXP Realty Taylor
-
W
Seller's Agent in 2017
William Sloan
W E Sloan Realty
-
Jill Buterbaugh
Buyer's Agent in 2017
Jill Buterbaugh
RE/MAX
(734) 377-8310
8 Total Sales
Map
Source: Realcomp
MLS Number: 20230027592
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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