NOT LISTED FOR SALE

5031 Kay Dr Monroe, MI 48161

Estimated Value: $215,000 - $262,000

3 Beds
1 Bath
1,221 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $240,000 $197 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,458/month

28 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Skylights
  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of June 2024

This charming 3 bedroom ranch located on beautiful Kay Dr is ready for new owners! Enjoy the convenience of everything on one floor. Starting from the relaxing front porch to entering the sizable living room, you’ll feel right at home. The spacious kitchen offers lots of cabinets and counter space and is open to a dining space that makes it great for entertaining. The 4-season sunroom is great for additional living space while enjoying the large fenced in yard that offers lots of shade. The included shed is great storage for all of your outdoor tools. Hardwood floors and coved ceilings are just some of the features you will appreciate. Newer HWT, furnace, a/c, vinyl windows and fresh paint throughout make this home move-in ready. Close to shopping and expressways. Don’t miss your chance to see this one! Property taxes are Non-Homestead. Being sold AS-IS. Agent is related to the seller.

Last Agent to Sell the Property

Shelly Corrin

Howard Hanna - Monroe License #MCAR-6501396990 Listed on: 05/23/2024

Howard Hanna - Monroe

Last Buyer's Agent

Val Lancaster

Howard Hanna - Monroe License #MCAR-6501430975

Howard Hanna - Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 88 x 174 x 110 x 144
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,221 Sq Ft Home
  • Skylights
  • Living Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • Northfield Village 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12 185 050 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,035

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4034.57
  • Year Built: 1959
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors, Skylights
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 15 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Main Floor, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Main Floor, Dimensions: 10 x 9
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 12 x 7, On Level: Main, Flooring: Vinyl
  • Room Types: First Floor Bedroom, First Floor Laundry, Living Room, Sun/Florida Room
  • Dining Room: On Main Floor, Dimensions: 12 x 10
  • Dining Room Floor Covering: Laminate
  • Kitchen: On Main Floor, Dimensions: 13 x 12
  • Kitchen Floor Covering: Laminate
  • Laundry: On Main Floor, Dimensions: 11 x 6
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 16 x 13
  • Living Room Floor Covering: Wood
  • Sun Room: On Main Floor, Dimensions: 14 x 11
  • Sun Room Floor Covering: Laminate
  • Above Grade Finished Sq Ft: 1221
  • Total Finished Sq Ft: 1221

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Fenced Yard, Patio, Porch
  • Foundation: Crawl, Slab
  • Frontage: 88
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Wall Heat, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 12 185 050 00
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 88 x 174 x 110 x 144
  • Acreage: 0.35
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2023, Amount: $974.91
  • Winter Tax: Year: 2023, Amount: $3,059.66
  • Total Tax: Amount: $4,034.57

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 24, 2024
Sold by
Jack W Cosby & Carole A Cosby Revocable
Bought by
Elliott Steven and Elliott Tina
Seller's Agent
Shelly Corrin
Howard Hanna - Monroe
Buyer's Agent
Val Lancaster
Howard Hanna - Monroe
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Views
6
Current Estimated Value
$232,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,650
Avg. Annual Appreciation
-1.52%
Original Mortgage
$204,000
Outstanding Balance
$201,963
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$33,616

Purchase Details

Closed on
Feb 28, 2024
Sold by
Chapman Justin
Bought by
Jack W Cosby And Carole A Cosby Revocable Tru

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 17, 2022
Sold by
Cosby Jack W and Cosby Carole A
Bought by
Chapman Justin
Seller's Agent
Corey Welch
eXp Realty LLC in Monroe
Buyer's Agent
Shelly Corrin
Howard Hanna - Monroe
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 8, 2022
Sold by
Abraham Emma E
Bought by
Cosby Jack W and Cosby Carole A
Seller's Agent
Corey Welch
eXp Realty LLC in Monroe
Buyer's Agent
Shelly Corrin
Howard Hanna - Monroe
List Price
$199,900
Sold Price
$199,900

Purchase Details

Closed on
Jun 5, 2017
Sold by
Abraham Emma E and Abraham David T
Bought by
Abraham Emma E

Purchase Details

Closed on
Jul 3, 2002
Sold by
Zorn Richard
Bought by
Abraham David and Abraham Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Elliott Steven $240,000 None Listed On Document
Jack W Cosby And Carole A Cosby Revocable Tru -- None Listed On Document
Chapman Justin -- None Listed On Document
Cosby Jack W $199,900 Lawyers Title
Abraham Emma E -- None Available
Abraham David $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Steven $204,000
Previous Owner Abraham Emma E $88,160
Previous Owner Abraham David $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $240,000 +4.4% $197 / Sq Ft
05/23/2024 05/23/24 For Sale $229,900 +15.0% $188 / Sq Ft
03/08/2022 03/08/22 Sold $199,900 0.0% $155 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $199,900 -- $155 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,428 $86,850 $11,900 $74,950
2024 $912 $83,650 $0 $0
2023 $1,458 $66,100 $0 $0
2022 $1,458 $66,100 $0 $0
2021 $1,407 $66,200 $0 $0
2020 $1,388 $61,350 $0 $0
2019 $516 $61,350 $0 $0
2018 $1,172 $56,550 $0 $0
2017 $1,145 $53,150 $0 $0
2016 $1,136 $53,150 $0 $0
2015 $1,094 $45,400 $0 $0
2014 $1,076 $45,400 $0 $0
2013 -- $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50143077

Michigan Multiple Listing Service

APN: 12-185-050-00