NOT LISTED FOR SALE

440 N Monroe St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $179,161

4 Beds
2.5 Baths
1,330 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $175,000 $132 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,137/month

6 Days on Market

About This Home

As of April 2024

Looking to put your money to work in Real Estate. Consider Monroe and this great investor starting unit. This is turnkey, you invest and can manage yourself or have it managed professionally for you. This multi-use building is fully rented with $2120 monthly rents. Business portion of building was added in 1968. All tenants pay for own utilities.

Last Listed By

Douglas Dale

Key Realty One LLC - South Monroe License #MCAR-6506047127 Listed on: 02/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x155

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units
  • Li Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-69-01323-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,992

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1910
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Source of Sq Ft: Measured
  • Estimated Sq Ft: 1330
  • Half Bathrooms: 1

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • 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: 55-69-01323-000
  • Lot Dimensions: 30x155
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,002.00
  • Winter Tax: Year: 2023, Amount: $1,990.00
  • Total Tax: Year: 2023, Amount: $2,992.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 24, 2024
Sold by
Unlimited Rentals Llc
Bought by
Garnica Librada Altamirano
Seller's Agent
Douglas Dale
Key Realty One LLC - South Monroe
Buyer's Agent
Yvette Woodworth
RE/MAX Dynamic
List Price
$175,000
Sold Price
$175,000
Total Days on Market
6
Views
40
Current Estimated Value
$179,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,161
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Cole Nathan
Bought by
Unlimited Rentals Llc

Purchase Details

Closed on
May 28, 2021
Sold by
Sandhu Lakhwinder S and Sandhu Navdeep K
Bought by
Cole Nathan

Purchase Details

Closed on
Jul 13, 2018
Sold by
Dbra Llc
Bought by
Sandhu Lakhwinder S and Sandhu Navdeep K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Garnica Librada Altamirano $175,000 Lawyers Title Agency Of Monroe
Unlimited Rentals Llc -- --
Cole Nathan $125,000 Lawyers Title Agcy Of Monroe
Sandhu Lakhwinder S $107,000 Hassett Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandhu Lakhwinder S $74,900
Previous Owner Sandhu Lakhwinder S $74,900
Previous Owner Dbra Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $175,000 0.0% $132 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $175,000 -- $132 / 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
2024 $1,609 $49,340 $0 $0
2023 $1,527 $46,850 $0 $0
2022 $2,992 $46,850 $0 $0
2021 $2,190 $35,340 $0 $0
2020 $2,148 $35,680 $0 $0
2019 $2,074 $35,680 $0 $0
2018 $1,726 $29,950 $0 $0
2017 $1,735 $29,950 $0 $0
2016 $1,721 $30,040 $0 $0
2015 $1,705 $30,220 $0 $0
2014 $1,705 $30,220 $0 $0
2013 -- $40,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Douglas Dale

    Key Realty One LLC - South Monroe

    (734) 755-1970

    2 in this area

    19 Total Sales

    Douglas Dale
    Section Image
  • Yvette Woodworth

    Buyer's Agent in 2024

    Yvette Woodworth

    RE/MAX

    (734) 652-6428

    2 in this area

    21 Total Sales

    Yvette Woodworth
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50133690

Michigan Multiple Listing Service

APN: 55-69-01323-000

Michigan Monroe County Monroe 48162 Northeast Monroe

440 N Monroe St, Monroe, MI

Homes for Sale in Monroe, MI

This home is located at 440 N Monroe St, Monroe, MI 48162 since 16 February 2024 and is currently estimated at $179,161, approximately $134 per square foot. This property was built in 1910. 440 N Monroe St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

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