NOT LISTED FOR SALE

505 Borgess Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $201,000 - $239,000

4 Beds
2 Baths
1,746 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $154,900 $89 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,479/month

150 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of March 2018

This home is absolutely charming and located in one of Monroe's desired neighborhoods. So many features including: new Jeldwyn windows, hardwood floors,updated electrical, leaf guard gutters, screened rear porch, and new cupboard doors in kitchen. An awesome main floor master suite/mother in law suite and zoned heating/cooling was added in 2010. The walk up attic has a ton of storage space and could be finished for additional living/playing space. Come see this very well cared for home today!

Last Agent to Sell the Property

Caryn Lorentz

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501378857 Listed on: 08/25/2017

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Thomas Plummer

Dwellings Michigan License #RCO-6501319279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x128

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Metal Siding

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Shadowlawn Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6900388000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,119

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 2119
  • Year Built: 1929
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Full
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 17 x 21
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 13
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 4: On Upper Floor, Dimensions: 10 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: First Floor Laundry, Primary Bathroom
  • Dining Room: On Main Floor, Dimensions: 15 x 17
  • Kitchen: On Main Floor, Dimensions: 12 x 17
  • Living Room: On Main Floor, Dimensions: 12 x 20
  • Other Room1: Dimensions: 6x16, On Level: Main
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1746
  • Total Finished Sq Ft: 1746

Exterior Features

  • Exterior: Aluminum, Metal Siding
  • Exterior Features: Porch

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 6900388000
  • Lot Dimensions: 42x128
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,559.00
  • Winter Tax: Amount: $560.00
  • Total Tax: Amount: $2,119.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Mar 14, 2018
Sold by
Hutchinson Nancy A
Bought by
Bowman Rick L and Bowman Darlene
Seller's Agent
Caryn Lorentz
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Thomas Plummer
Dwellings Michigan
List Price
$159,900
Sold Price
$154,900
Premium/Discount to List
-$5,000
-3.13%
Current Estimated Value
$220,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,010
Avg. Annual Appreciation
4.53%
Original Mortgage
$116,175
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Hutchinson Nancy A
Bought by
Hutchinson Nancy A and Huthsinson Ryan D

Purchase Details

Closed on
Jun 20, 2002
Sold by
Est Ralph Bernitt
Bought by
Sheets Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.99%
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
Bowman Rick L $154,900 Lawyers Title
Hutchinson Nancy A -- --
Sheets Haley $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Rick L $197,000
Closed Bowman Rick $51,571
Closed Bowman Rick L $116,175
Previous Owner Hutchinson Nancy $32,000
Previous Owner Sheets Haley A $124,000
Previous Owner Sheets Haley $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $154,900 0.0% $89 / Sq Ft
01/27/2018 01/27/18 Off Market $154,900 -- --
01/22/2018 01/22/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $154,900 -3.1% $89 / Sq Ft
12/26/2017 12/26/17 For Sale $159,900 +3.2% $92 / Sq Ft
12/26/2017 12/26/17 Off Market $154,900 -- --
11/13/2017 11/13/17 Price Changed $159,900 -3.0% $92 / Sq Ft
10/02/2017 10/02/17 Price Changed $164,900 -2.9% $94 / Sq Ft
08/25/2017 08/25/17 For Sale $169,900 -- $97 / 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 $3,315 $95,100 $95,100 $0
2024 $2,380 $87,570 $0 $0
2023 $2,276 $70,820 $0 $0
2022 $3,032 $70,820 $0 $0
2021 $2,928 $71,370 $0 $0
2020 $2,727 $64,710 $0 $0
2019 $2,585 $64,710 $0 $0
2018 $2,176 $62,280 $0 $0
2017 $2,132 $62,280 $0 $0
2016 $2,080 $59,720 $0 $0
2015 $1,996 $53,220 $0 $0
2014 $1,996 $53,220 $0 $0
2013 -- $51,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caryn Lorentz

    Seller's Agent in 2018

    Caryn Lorentz

    Coldwell Banker Haynes R.E. in Monroe

    (734) 696-9831

    1 in this area

    20 Total Sales

    Caryn Lorentz
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Plummer

    Dwellings Michigan

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 21362065

Michigan Multiple Listing Service

APN: 55-69-00388-000

Michigan Monroe County Monroe 48162 Northeast Monroe

505 Borgess Ave, Monroe, MI

This home is located at 505 Borgess Ave, Monroe, MI 48162 since 25 August 2017 and is currently estimated at $220,910, approximately $126 per square foot. This property was built in 1929. 505 Borgess Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary 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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