NOT LISTED FOR SALE

500 E Monroe St Dundee, MI 48131

Estimated Value: $2,501,035

-- Bed
-- Bath
34,140 Sq Ft
$73/Sq Ft Est. Value

About This Home

This home is located at 500 E Monroe St, Dundee, MI 48131 and is currently estimated at $2,501,035, approximately $73 per square foot. 500 E Monroe St is a home located in Monroe County with nearby schools including Dundee Middle School, Dundee Elementary School, and Dundee Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Amk Senior Living Llc
Bought by
Twins Real Estate Dundee Pines Llc
Current Estimated Value
$2,501,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,692,946
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$191,911

Purchase Details

Closed on
Aug 28, 2015
Sold by
River Raisin Holdings Llc
Bought by
Amk Senior Living Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 30, 2010
Sold by
Dundee Pines Llc
Bought by
River Raisin Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.22%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2009
Sold by
Dundee Manor Apartments Llc
Bought by
Dundee Pines Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Twins Real Estate Dundee Pines Llc -- First American Title
Amk Senior Living Llc $1,485,000 First American Title Ins Co
River Raisin Holdings Llc $985,000 --
Dundee Pines Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twins Real Estate Dundee Pines $2,700,000
Previous Owner Amk Senior Living Llc $1,188,000
Previous Owner River Raisin Holdings Llc $1,235,000
Previous Owner River Raisin Holdings Llc $960,000
Previous Owner Dundee Pines Llc $500,000
Source: Public Records

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 $10,636 $795,610 $0 $0
2023 $5,176 $638,380 $0 $0
2022 $9,239 $638,380 $0 $0
2021 $23,982 $610,140 $0 $0
2020 $23,645 $625,060 $0 $0
2019 $8,405 $625,060 $0 $0
2018 $22,698 $404,800 $0 $0
2017 $22,796 $1,464,197 $0 $0
2016 $18,741 $403,510 $0 $0
2015 $17,582 $373,370 $0 $0
2014 $20,996 $373,370 $0 $0
2013 $21,698 $391,020 $0 $0
Source: Public Records

Map

Michigan Monroe County Dundee 48131

500 E Monroe St, Dundee, MI

Homes for Sale in Dundee, MI

This home is located at 500 E Monroe St, Dundee, MI 48131 and is currently estimated at $2,501,035, approximately $73 per square foot. 500 E Monroe St is a home located in Monroe County with nearby schools including Dundee Middle School, Dundee Elementary School, and Dundee Community High School.

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.

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