NOT LISTED FOR SALE

505 Depot St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $162,000 - $168,000

2 Beds
1 Bath
1,354 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $115,000 $85 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,253/month

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch

About This Home

As of February 2020

Fabulous townhouse! Cherry cabinetry in kitchen with island. Stainless steel appliances. Lovely open floor plan with nook area. Lower level features a large familyrm/den or turn into a large bdrm. Options are endless. Do not miss out on this wonderful opportunity. Walking distance to the river walk, parks, downtown with restaurants. Buyers agent to verify all information.

Last Agent to Sell the Property

Julie Gerweck-Dazel

Gerweck Real Estate in Monroe License #MCAR-6502341176 Listed on: 10/02/2019

Last Buyer's Agent

Marianna DeLuca

Century 21 Allstar Real Estate Team, Inc License #MCAR-6501374725

Century 21 Allstar Real Estate Team, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2005

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Parking Permit Required

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • Townes On Front Street Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-19-00901-165

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,870

Year Built

Built in 2005

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Townhouse
  • Structure Style: 2 Story
  • Total Tax Amount: 1870
  • Year Built: 2005
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Upper
  • Family Room: On Entry Level, Dimensions: 16 x 15
  • Kitchen: On Upper Floor, Dimensions: 12 x 11
  • Laundry: On Entry Level
  • Living Room: On Upper Floor, Dimensions: 19 x 14
  • Above Grade Finished Sq Ft: 1354
  • Total Finished Sq Ft: 1354

Exterior Features

  • Exterior: Brick
  • Exterior Features: Exterior Balcony, Porch
  • Foundation: Slab
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage, On Street, Permit Required
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 55-19-00901-165
  • Site Condo: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,369.00
  • Winter Tax: Year: 2018, Amount: $501.00
  • Total Tax: Amount: $1,870.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Feb 15, 2020
Sold by
Palmer Jon Davy
Bought by
Odeh Rami and Odeh Rasmia
Seller's Agent
Julie Gerweck-Dazel
Gerweck Real Estate in Monroe
Buyer's Agent
Marianna DeLuca
Century 21 Allstar Real Estate Team, Inc
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$163,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,984
Avg. Annual Appreciation
7.58%
Original Mortgage
$92,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Kreyger Erin and Marcero Erin
Bought by
Palmer Jon Davy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
3%
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
Odeh Rami $115,000 Lawyers Title
Palmer Jon Davy $95,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharkus Dustin $166,130
Closed Odeh Rasmia $99,000
Closed Odeh Rasmia M $92,000
Closed Odeh Rasmia M $92,000
Previous Owner Palmer Jon Davy $95,900
Previous Owner Marcero Erin M $115,299
Previous Owner Marcero Erin M $6,782
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $115,000 -4.1% $85 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/29/2019 10/29/19 Price Changed $119,900 -7.7% $89 / Sq Ft
10/02/2019 10/02/19 For Sale $129,900 -- $96 / 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 $2,841 $77,400 $77,400 $0
2024 $2,040 $71,660 $0 $0
2023 $1,951 $61,330 $0 $0
2022 $2,598 $61,330 $0 $0
2021 $2,510 $57,290 $0 $0
2020 $2,031 $49,630 $0 $0
2019 $1,925 $49,630 $0 $0
2018 $1,871 $46,780 $0 $0
2017 $1,859 $46,780 $0 $0
2016 $1,141 $46,030 $0 $0
2015 $1,615 $36,230 $0 $0
2014 $1,615 $36,230 $0 $0
2013 -- $30,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Gerweck-Dazel

    Seller's Agent in 2020

    Julie Gerweck-Dazel

    Gerweck Real Estate in Monroe

    (734) 755-1557

    4 in this area

    93 Total Sales

    Julie Gerweck-Dazel
    Section Image
  • Marianna DeLuca

    Buyer's Agent in 2020

    Marianna DeLuca

    Century 21 Allstar Real Estate Team, Inc

    (734) 731-0004

    3 in this area

    24 Total Sales

    Marianna DeLuca
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31396408

Michigan Multiple Listing Service

APN: 55-19-00901-165

Michigan Monroe County Monroe 48161 Southwest Monroe

505 Depot St, Monroe, MI

This home is located at 505 Depot St, Monroe, MI 48161 since 02 October 2019 and is currently estimated at $163,984, approximately $121 per square foot. This property was built in 2005. 505 Depot St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St Michaels Catholic 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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