RARE FIND. BRICK SIDE BY SIDE ONE STORY DUPLEX. EACH UNIT HAS TWO BEDROOMS AND A FULL BASEMENT. APPROXIMATELY 900 SQIARE FEET. UNIT 2 ALSO HAS A TWO CAR ATTACHED GARAGE. UNIT 1 IS IN PROCESS OF SOME RENOVATIONS. NEW HARD SURFACE FLOORING HAS BEEN INSTALLED, KITCHEN CABINETS HAVE BEEN INSTALLED, WAITING ON GRANITE COUNTER TOPS TO COME IN, ALSO, SOME WORK BEING COMPLETED IN BATHROOM. LAUNDRY IS IN THE BASEMENT. UNIT 2 RENOVATIONS HAVE BEEN COMPLETED WITH NEWER KICTHEN AND GRANITE COUNTER TOPS, MAIN FLOOR LAUNDRY FACILITY AND 2 CAR GARAGE. INSIDE PICTURES WILL BE ADDED IN THE NEXT FEW DAYS.
Sub Room Description: First Floor Bedroom, First Floor Laundry, Living Room
Estimated Sq Ft: 1792
Exterior Features
Construction: Brick
Exterior Features: Patio
Frontage: 85
Foundation Type: Basement
Roads: Paved Street
Garage/Parking
Garage Type: Attached Garage
Garage Spaces: 2
Parking: Garage
Utilities
Water: Public Water
Water Heater: Gas
Cooling System: Central A/C
Fuel Type: Natural Gas
Heating System: Forced Air
Separate Electric: Yes
Separate Gas: Yes
Separate Heat: Yes
Sewer/Septic System: Public Sanitary
Lot Info
Assessor Parcel Number: 12-185-041-00
Location: Corner Lot
Lot Dimensions: 85X150
Acreage: 0.3
Zoning: Residential
Geo Subdivision: MI
Tax Info
Summer Tax: Year: 2021, Amount: $792.00
Winter Tax: Year: 2021, Amount: $3,905.00
Total Tax: Year: 2021, Amount: $4,697.00
Multi Family
Total Units: 2
MLS Schools
School District: Monroe Public Schools
Ownership History
DateNameOwned ForOwner Type
Jun 2023 - PresentPhilbeck Travis L1 Year and 11 Months
Private Individual
Purchase Details
Listed on
Jun 14, 2023
Closed on
Jun 9, 2023
Sold by
5026 Albain Llc
Bought by
Philbeck Travis L
Seller's Agent
Travis Philbeck
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Travis Philbeck
Coldwell Banker Haynes R.E. in Monroe
List Price
$240,000
Sold Price
$240,000
Total Days on Market
11
Views
1
Current Estimated Value
$275,509
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,509
Avg. Annual Appreciation
7.37%
Original Mortgage
$35,000
Outstanding Balance
$34,242
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$241,267
Aug 2022 - Jun 20235026 Albain Llc10 Months
Company
Purchase Details
Listed on
May 23, 2022
Closed on
Aug 5, 2022
Sold by
Ryan Philbeck Investments Llc
Bought by
5026 Albain Llc
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Travis Philbeck
Coldwell Banker Haynes R.E. in Monroe
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$153,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Aug 2022 - Aug 2022Ryan Philbeck Investments LlcLess than a month
Company
Purchase Details
Listed on
May 23, 2022
Closed on
Aug 4, 2022
Sold by
5026 West Albain Road Llc
Bought by
Ryan Philbeck Investments Llc
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Travis Philbeck
Coldwell Banker Haynes R.E. in Monroe
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Aug 2012 - Aug 20225026 West Albain Road Llc10 Years
Company
Purchase Details
Listed on
Jul 2, 2012
Closed on
Aug 15, 2012
Sold by
Thompson Christopher J and Thompson Robyn M
Bought by
5026 West Albain Road Llc
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
List Price
$95,000
Sold Price
$95,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$70,000
Interest Rate
3.52%
Mortgage Type
Commercial
Jul 2012 - Aug 2012Thompson Christopher J1 Month
Private Individual
Purchase Details
Listed on
Jul 2, 2012
Closed on
Jul 2, 2012
Sold by
Monroe Bank & Trust
Bought by
Thompson Christopher J
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
List Price
$95,000
Sold Price
$95,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.52%
Mortgage Type
Commercial
Apr 2012 - Jul 2012Monroe Bank & Trust3 Months
Private Individual
Purchase Details
Closed on
Apr 26, 2012
Sold by
Grassley Timothy P and Grassley Shirley A
Bought by
Monroe Bank & Trust
Jan 2012 - Apr 2012Monroe Bank And Trust3 Months
Private Individual
Purchase Details
Closed on
Jan 6, 2012
Sold by
Grassley Shirley A
Bought by
Monroe Bank And Trust
Nov 1994 - Jan 2012Grassley Timothy P and Grassley Shirley A17 Years and 2 Months
Private Individual
Purchase Details
Closed on
Nov 14, 1994
Sold by
Cooley James R
Bought by
Grassley Timothy P and Grassley Shirley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.95%
Mortgage Type
New Conventional
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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This super clean, well-kept 2-unit duplex is a rare find! Each unit features 1 bedroom, 1 bathroom, and its own in-unit washer & dryer for convenience. The seller-built property has been meticulously maintained, with fresh paint throughout. Separate utilities ensure ease of management, and the included garage and shed provide extra storage. Located in a prime spot close to shopping, this duplex
Pamela SwierczBerkshire Hathaway HomeServices Kee Realty Brown
Well-maintained side-by-side duplex featuring 3 bedrooms per unit. Maintenance-free exterior with a spacious yard. Conveniently located within walking distance to downtown Monroe and close to amenities. A great investment or owner-occupant opportunity!
Well-maintained side-by-side duplex featuring 3 bedrooms per unit. Updated flooring in Unit 505. Maintenance-free exterior with a spacious yard. Conveniently located within walking distance to downtown Monroe and close to amenities. A great investment or owner-occupant opportunity!
Highly sought-after cashflow property located in the heart of Monroe. 100% occupied large triplex. Includes a spacious entry level 2BR/1 Bath unit, a 1BR/1 Bath, and an upstairs 2BR/1 bath unit. All 3 units currently under lease. Additional parking and garage for storage in rear of property. Impressive Victorian woodwork and built-ins throughout the property add charm to this Monroe gem. Separate
It is a fantastic investment property. Rent all 3 units out or live in one and rent the others. So many options. Beautifully maintained and spacious units. 3 car garage, full basement shared access for main floor units, upper unit access from outside. Huge lot. Upper unit has a large attic for storage. Unit 1: Main floor: 2 bedrooms, 1.5 baths. Unit 2: Upper: 2 bedrooms. Unit 3: Main Floor living
Tax AssessmentTax 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.
This home is located at 5026 W Albain Rd, Monroe, MI 48161 and is currently priced at $240,000, approximately $133 per square foot. This property was built in 1971. 5026 W Albain Rd is a home located in Monroe County with nearby schools including Monroe High School, Pathway Christian School - PERMANENTLY CLOSED, and St Mary's Catholic Elementary School.
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