NOT LISTED FOR SALE

506 E 3rd St Monroe, MI 48161

Central Monroe Neighborhood

Estimated Value: $133,989 - $199,000

4 Beds
1 Bath
1,348 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 28, 2023

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

Est. 41% increase in value since last sale

Current estimated payment $1,006/month

3 Days on Market

Highlights

  • Deck
  • Shed
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of March 2023

Why rent when you can own. This historical brick home boasts 4 bedrooms, 1.5 bathrooms. The main floor bedroom could be a den or office. The other 3 bedrooms are located upstairs. The main floor also offers 1.5 bathrooms, and a main floor laundry. Welcome to home ownership! Make your appointment today.

Last Agent to Sell the Property

Janelle Pfeiffer

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501392511 Listed on: 03/13/2023

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Lisa Sancrainte

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501296231

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1875

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48 x 140
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,348 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Studdiford Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39-00418-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Total Tax Amount: 1162.64
  • Year Built: 1875
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 12 x 13
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 13
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 16 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Upper Floor, Dimensions: 15 x 8
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 8, On Level: Main, Flooring: Linoleum
  • Dining Room: On Main Floor, Dimensions: 12 x 15
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 12 x 13
  • Kitchen Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 17 x 12
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1006
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1348
  • Total Finished Sq Ft: 1348

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Deck
  • Foundation: Michigan Basement
  • Frontage: 48
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)

Lot Info

  • Assessor Parcel Number: 39-00418-000
  • Lot Dimensions: 48 x 140
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $839.36
  • Winter Tax: Year: 2022, Amount: $323.28
  • Total Tax: Amount: $1,162.64
  • Village Tax Year: 2022

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Mar 28, 2023
Sold by
Roman Christopher
Bought by
Tartarian Varoujan
Seller's Agent
Janelle Pfeiffer
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lisa Sancrainte
Coldwell Banker Haynes R.E. in Monroe
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Views
46
Current Estimated Value
$161,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,997
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Langton Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 18, 1998
Sold by
Jacob Dana L
Bought by
Malvitz Leo F and Malvitz Louise K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,923
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tartarian Varoujan $115,000 --
Federal National Mortgage Association $126,432 --
Malvitz Leo F $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malvitz Leo F $74,923
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $115,000 -4.1% $85 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $119,900 -- $89 / 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 $1,846 $58,100 $58,100 $0
2024 $1,773 $56,700 $0 $0
2023 $873 $45,180 $0 $0
2022 $1,163 $45,180 $0 $0
2021 $1,123 $43,360 $0 $0
2020 $1,312 $37,590 $0 $0
2019 $991 $37,590 $0 $0
2018 $963 $35,530 $0 $0
2017 $944 $35,530 $0 $0
2016 $921 $32,630 $0 $0
2015 $884 $23,110 $0 $0
2014 $884 $23,110 $0 $0
2013 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janelle Pfeiffer

    Coldwell Banker Haynes R.E. in Monroe

    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Sancrainte

    Coldwell Banker Haynes R.E. in Monroe

    (734) 790-5026

    2 in this area

    15 Total Sales

    Lisa Sancrainte
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50103261

Michigan Multiple Listing Service

APN: 55-39-00418-000

Michigan Monroe County Monroe 48161 Central Monroe

506 E 3rd St, Monroe, MI

Not Listed for Sale

Detached

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