$44,500
- 2 Beds
- 1 Bath
- 870 Sq Ft
- 313 Kentucky Ave
- Monroe, MI
GREAT INVESTMENT OPPORTUNITY, WOULD MAKE A NICE RENTAL PROPERTY AS WELL. NEEDS SOME RENOVATION, GREAT POTENTIAL.
Mary Rosecrans Rosecrans Realty & Associates
450 John Rolfe Dr Monroe, MI 48162
Northwest Monroe Neighborhood
2
Beds
1
Bath
875
Sq Ft
6,970
Sq Ft Lot
Highlights
- Traditional Architecture
- 1-Story Property
- 3-minute walk to Manor Park
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
As of June 2012BATVAI! As-Is NEEDS WORK, Seller providing a 2 yr Home Warranty for Owner Occupants Only. HOME IS PART OF FREDDIE MAC FIRST LOOK PROGRAM FOR OWNER OCCUPANTS ONLY THRU MAY 12TH.
Last Agent to Sell the Property
Bedford Realty LLC License #MCAR-6502124482 Listed on: 04/28/2012
Home Details
Home Type
- Single Family
Year Built
- Built in 1962
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 60x115
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 875 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Monroe High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Riverside Manor Subdivision
Listing and Financial Details
- Assessor Parcel Number 69-00333-223
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2012
Closed on
Jun 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Winkelman Kyle Allan
Seller's Agent
Debbie Breier
Bedford Realty LLC
Buyer's Agent
Scott Hudkins
Howard Hanna - Monroe
List Price
$52,500
Sold Price
$50,000
Premium/Discount to List
-$2,500
-4.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,690
Avg. Annual Appreciation
10.62%
Original Mortgage
$49,094
Outstanding Balance
$34,448
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$153,973
Purchase Details
Closed on
Aug 25, 2011
Sold by
Lentz John J
Bought by
Federal Home Loan Mortgage Corp
Similar Home in Monroe, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $50,000 | None Available | |
| Sheriffs Deed | $121,011 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $13,000 | New Conventional | |
| Open | $49,094 | FHA | |
| Previous Owner | $40,000 | Stand Alone Second | |
| Previous Owner | $117,600 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2012 06/21/12 | Sold | $50,000 | -4.8% | $57 / Sq Ft |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- |
| 04/28/2012 04/28/12 | For Sale | $52,500 | -- | $60 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $2,303 | $84,150 | $0 | $0 |
| 2024 | $1,653 | $84,150 | $0 | $0 |
| 2023 | $1,581 | $68,390 | $0 | $0 |
| 2022 | $2,106 | $68,390 | $0 | $0 |
| 2021 | $2,034 | $62,590 | $0 | $0 |
| 2020 | $1,895 | $58,800 | $0 | $0 |
| 2019 | $1,796 | $58,800 | $0 | $0 |
| 2018 | $1,745 | $52,150 | $0 | $0 |
| 2017 | $1,709 | $52,150 | $0 | $0 |
| 2016 | $1,545 | $44,200 | $0 | $0 |
| 2015 | $1,457 | $39,180 | $0 | $0 |
| 2014 | $1,457 | $39,180 | $0 | $0 |
| 2013 | -- | $43,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2012
Debbie Breier
RE/MAX
(419) 392-2155
3 Total Sales
-
Buyer's Agent in 2012
Scott Hudkins
Howard Hanna - Monroe
(734) 243-5000
2 in this area
10 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 20092050
APN: 55-69-00333-223
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Source MLS: MiRealSource
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