NOT LISTED FOR SALE

4980 Monroe St Dearborn Heights, MI 48125

Estimated Value: $166,000 - $182,000

3 Beds
1 Bath
1,051 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $107,000 $102 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,108/month

90 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • 2 Car Detached Garage
  • 4-minute walk to Swapka Park

About This Home

As of October 2020

Cozy 3 bedroom Dearborn Heights home with many updates including new roofing, new ceramic flooring in the living room, laundry room, kitchen, and hallway as well as new carpet in the bedrooms. The home features recessed lighting, new disposal, fresh paint, an updated bathroom with new vanity and toilet seat, as well as an access door between the bathroom and laundry room. New doors have been installed for all rooms. Property is located near highways and shopping areas. All measurements are approximate. Seller will provide C of O. BATVAI, C of ready

Last Agent to Sell the Property

Qassim Al-omairi

ARG Realty License #6501375961 Listed on: 06/16/2020

Last Buyer's Agent

Deborah Wass

ERA Prime Real Estate Group License #6501349789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 2020

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46.70x118.00

Parking

  • 2 Car Detached Garage

Home Design

  • 1,051 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 33048010025002

Community Details

Overview

  • No Home Owners Association
  • Pardee Monroe Blvd Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1955 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 0.96
  • Year Built: 1955
  • State Equalized Value: 39900.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR® qualified dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1051
  • Total Sq Ft: 1051

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 46
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Dearborn Heights

Lot Info

  • List Price per Acre: 845384.6154
  • Lot Size Area: 0.13
  • Lot Dimensions: 46.70X118.00
  • Parcel Number: 33048010025002

Tax Info

  • Tax Amount Summer: 1481.0000
  • Tax Amount Winter: 813.0000
  • Total Tax: 2294.0000
  • Taxable Value: 31330.0000

MLS Schools

  • School District: Dearborn Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Oct 28, 2020
Sold by
Al Aboudy Hassan
Bought by
Kelley Ricky and Kennedy Erin
Seller's Agent
Qassim Al-omairi
ARG Realty
Buyer's Agent
Deborah Wass
ERA Prime Real Estate Group
List Price
$119,000
Sold Price
$107,000
Premium/Discount to List
-$12,000
-10.08%
Current Estimated Value
$171,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,176
Avg. Annual Appreciation
9.85%
Original Mortgage
$80,250
Outstanding Balance
$71,539
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$99,637

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jul 10, 2015
Sold by
Estate Of Joseph Phares
Bought by
Al Aboudy Hassan
Seller's Agent
Wes McCaig
Visible Homes LLC
Buyer's Agent
Curt Hacker
RE/MAX Team 2000
List Price
$64,900
Sold Price
$48,500
Premium/Discount to List
-$16,400
-25.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%

Purchase Details

Closed on
Nov 13, 1999
Sold by
Phares Helen and Phares Charles K
Bought by
Phares Joseph and Phares Gabriel
Source: Public Records

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
Kelley Ricky $107,000 Title One Inc
Kelley Ricky $107,000 Kelley Ricky
Al Aboudy Hassan $48,500 Fnt
Phares Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Ricky $80,250
Closed Kelley Ricky $80,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $107,000 -2.6% $102 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $109,900 -7.3% $105 / Sq Ft
07/30/2020 07/30/20 Price Changed $118,500 -0.4% $113 / Sq Ft
06/16/2020 06/16/20 For Sale $119,000 +145.4% $113 / Sq Ft
07/13/2015 07/13/15 Sold $48,500 -25.3% $46 / Sq Ft View Prior Sale
04/17/2015 04/17/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $64,900 -- $62 / Sq Ft
Source: Realcomp

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 $2,521 $78,500 $0 $0
2024 $2,521 $71,400 $0 $0
2023 $2,386 $61,600 $0 $0
2022 $3,553 $53,500 $0 $0
2021 $3,527 $48,000 $0 $0
2019 $2,294 $39,900 $0 $0
2018 $1,443 $34,400 $0 $0
2017 $1,051 $31,400 $0 $0
2016 $1,655 $29,700 $0 $0
2015 $2,703 $27,100 $0 $0
2013 $2,760 $28,100 $0 $0
2010 -- $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200044236

Realcomp

APN: 33-048-01-0025-002