NOT LISTED FOR SALE

505 John Anderson Ct Unit 61 Monroe, MI 48162

Northwest Monroe Neighborhood

Estimated Value: $63,770 - $78,000

2 Beds
2 Baths
864 Sq Ft
$140/mo HOA Fee

Last Sold December 20, 2019

Last sale price $45,000 $52 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $584/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Security Service
  • Laundry Facilities
  • Wood Flooring
  • Tankless Water Heater

About This Home

As of December 2019

Excellent location!!! This beautiful 832 square foot, 2 bedrooms 1.5 bathrooms condo is located in the heart of Monroe. Relax in the fully remodeled master suite complete with a spacious walk-in closet. The second bedroom has a large walk in closet as well. This sophisticated kitchen has been remodeled in the last few years with beautiful cabinets and granite counter tops. There is newer flooring throughout ,tons of storage and natural sunlight with good air flow - make for a great place to call home. Close to shopping and expressways. 24-hr security. The Boiler and hot water are just a few years old. This will be a non smoking unit upon the sale.

Last Agent to Sell the Property

Sheila Bussell

Key Realty One LLC - Roessler License #MCAR-6505366134 Listed on: 09/20/2019

Last Buyer's Agent

Sheila Bussell

Key Realty One LLC - Roessler License #MCAR-6505366134 Listed on: 09/20/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1968

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • 864 Sq Ft Home
  • Wood Flooring
  • Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55-69-01213-061

Community Details

Overview

  • Woodcrest Condo Subdivision

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$922

Year Built

Built in 1968

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Contemporary
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Total Tax Amount: 922.31
  • Year Built: 1968
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 14
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Upper, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 5, On Level: Upper, Flooring: Ceramic
  • Room Types: Primary Bedroom, Primary Bathroom
  • Kitchen: On Upper Floor, Dimensions: 16 x 7
  • Kitchen Floor Covering: Wood
  • Living Room: On Upper Floor, Dimensions: 16 x 12
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 864
  • Total Finished Sq Ft: 864

Exterior Features

  • Exterior: Brick, Shingle Siding
  • Exterior Features: Street Lights
  • Foundation: Basement

Garage/Parking

  • Garage: Carport
  • Parking: Covered Parking
  • Garage: No

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • Cooling: Wall/Window A/C

Condo/Co-op/Association

  • HOA Fees: 140
  • HOA Fee Frequency: Monthly
  • Community Features: Laundry Facility, Security, Street Lights
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 55-69-01213-061
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $469.38
  • Winter Tax: Year: 2018, Amount: $452.93
  • Total Tax: Amount: $922.31

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 20, 2019
Sold by
Iverson Steven and Iverson Deborah
Bought by
Sachs Judy A
Seller's Agent
Sheila Bussell
Key Realty One LLC - Roessler
Buyer's Agent
Sheila Bussell
Key Realty One LLC - Roessler
List Price
$47,500
Sold Price
$45,000
Premium/Discount to List
-$2,500
-5.26%
Current Estimated Value
$70,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,943
Avg. Annual Appreciation
7.88%
Original Mortgage
$42,750
Outstanding Balance
$37,609
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$33,334

Purchase Details

Closed on
Jan 3, 2017
Sold by
Stuart Linda S
Bought by
Iverson Steven and Iverson Deborah

Purchase Details

Closed on
Jun 7, 2013
Sold by
Corns Richard
Bought by
Stuart Linda S

Purchase Details

Closed on
Mar 21, 2013
Sold by
Britten Jeanne
Bought by
Corns Richard A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sachs Judy A $45,000 None Available
Iverson Steven $34,500 Hassett Title
Stuart Linda S $26,000 --
Corns Richard A $17,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachs Judy A $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $45,000 -5.3% $52 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $47,500 -- $55 / 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 $852 $33,400 $33,400 $0
2024 $612 $31,590 $0 $0
2023 $585 $24,170 $0 $0
2022 $779 $24,170 $0 $0
2021 $753 $20,500 $0 $0
2020 $702 $16,500 $0 $0
2019 $935 $16,500 $0 $0
2018 $910 $15,380 $0 $0
2017 $606 $15,380 $0 $0
2016 $559 $14,280 $0 $0
2015 $559 $14,620 $0 $0
2014 $559 $14,620 $0 $0
2013 -- $13,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31395036

Michigan Multiple Listing Service

APN: 55-69-01213-061