NOT LISTED FOR SALE

503 Meadowlands Ct Monroe, MI 48161

Estimated Value: $294,000 - $334,860

3 Beds
2.5 Baths
1,925 Sq Ft
$225/mo HOA Fee

Last Sold October 21, 2016

Last sale price $169,000 $88 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,153/month

21 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Bungalow
  • Ceiling Fan

About This Home

As of October 2016

One of a very few Meadowlands homes that views the open field on the Westerly side of the property. Move-in condition! This home offers a screened in rear deck that looks out to an open field and is accessible from both the Living Room and the Master Bedroom; lots of closet space, gas fireplace in the living room with vaulted ceiling, as well as a professionally finished basement with a large full length span and a separate large room, via doorway.

Last Agent to Sell the Property

Doris Labeau

RE/MAX Masters License #6501106327 Listed on: 08/22/2016

RE/MAX Masters

Co-Listed By

Lauri LaBeau Hines

Temporary Inactive Users License #6501264356

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1992

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1,925 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Microwave
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Meadowlands Condo Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 581241000519

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1992

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2925
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1925
  • Sq Ft Total Bsmt: 1175

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 225
  • Association Fee: No

Schools

  • School District: Monroe

Lot Info

  • Homestead: Yes
  • Parcel Number: 581241000519

Tax Info

  • Tax Amount Summer: 874.0000
  • Tax Amount Winter: 1089.0000
  • Total Tax: 1963.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2018
Sold by
Elmes and Franchesca
Bought by
Schmitt Calvin W and Schmitt Lori A
Current Estimated Value
$303,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2018
Sold by
Elmes and Franchesca
Bought by
Schmitt Calvin W and Schmitt Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 21, 2016
Sold by
Freeland Josh
Bought by
Elmes Anthony and Elmes Franchesca
Seller's Agent
Doris Labeau
RE/MAX Masters
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$154,761
Interest Rate
3.52%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Reisig E Colleen C
Bought by
Freeland Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,563
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2000
Sold by
Gagne Richard
Bought by
Reisig Edmund Colleen
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
Schmitt Calvin W $225,000 First American Title
Schmitt Calvin W $225,000 First American Title
Elmes Anthony $169,000 First American Title
Freeland Josh $160,750 --
Reisig Edmund Colleen $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Calvin W $125,000
Closed Schmitt Calvin W $125,000
Closed Schmitt Calvin W $125,000
Closed Schmitt Calvin W $125,000
Previous Owner Elmes Anthony D $154,761
Previous Owner Freeland Josh $151,563
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $169,000 -6.1% $88 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $179,900 -- $93 / 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 $3,295 $127,050 $0 $0
2024 $1,239 $127,050 $0 $0
2023 $2,978 $113,600 $0 $0
2022 $2,978 $113,600 $0 $0
2021 $2,873 $110,650 $0 $0
2020 $2,833 $96,550 $0 $0
2019 $1,053 $96,550 $0 $0
2018 $2,254 $88,150 $0 $0
2017 $2,325 $88,150 $0 $0
2016 $2,043 $85,800 $0 $0
2015 $1,963 $80,400 $0 $0
2014 $1,975 $80,400 $0 $0
2013 -- $91,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216084018

Realcomp

APN: 12-410-005-19