NOT LISTED FOR SALE

503 E 2nd St Monroe, MI 48161

Central Monroe Neighborhood

Estimated Value: $144,616 - $173,000

5 Beds
2 Baths
2,063 Sq Ft
$76/Sq Ft Est. Value

About This Home

This home is located at 503 E 2nd St, Monroe, MI 48161 and is currently estimated at $156,404, approximately $75 per square foot. 503 E 2nd St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Bcc Heritage Llc
Bought by
Mh Monroe Llc
Current Estimated Value
$156,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,400
Outstanding Balance
$561,897
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$405,493

Purchase Details

Closed on
May 2, 2022
Sold by
Dale Douglas C
Bought by
Bcc Heritage Llc

Purchase Details

Closed on
Apr 8, 2014
Sold by
Burns Brian D
Bought by
Bnb Properties Llc

Purchase Details

Closed on
Aug 22, 1997
Sold by
Mcnew Stephen J
Bought by
Stephen Keller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Mh Monroe Llc $100,000 None Listed On Document
Bcc Heritage Llc $35,000 None Listed On Document
Dale Douglas C $55,000 None Listed On Document
Bnb Properties Llc -- None Available
Burns Brian D -- None Available
Stephen Keller $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mh Monroe Llc $622,400
Previous Owner Stephen Keller $69,750
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
2025 $2,485 $78,200 $78,200 $0
2024 $2,282 $76,600 $0 $0
2023 $2,182 $61,070 $0 $0
2022 $3,563 $61,070 $0 $0
2021 $3,444 $58,610 $0 $0
2020 $3,489 $51,350 $0 $0
2019 $1,765 $51,350 $0 $0
2018 $1,718 $42,800 $0 $0
2017 $1,683 $42,800 $0 $0
2016 $1,650 $39,140 $0 $0
2015 $1,595 $28,270 $0 $0
2014 $1,595 $28,270 $0 $0
2013 -- $28,000 $0 $0
Source: Public Records

Map

Michigan Monroe County Monroe 48161 Central Monroe

503 E 2nd St, Monroe, MI

Not Listed for Sale

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