NOT LISTED FOR SALE

506 Scottwood Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $173,000 - $202,000

3 Beds
1 Bath
1,464 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $135,000 $92 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,310/month

30 Days on Market

Highlights

  • Traditional Architecture
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Porch

About This Home

As of October 2022

Traditional two story home in a great location! This 3 bedroom 1 bath home has original hardwood flooring and trim throughout. Enjoy the large covered front porch and bonus attic space. Updated kitchen, newer furnace 2018 and hot water tank 2019. Lots of space for entertaining!

Last Agent to Sell the Property

Jennifer Irwin

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501317780 Listed on: 08/12/2022

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Laura Davis

ERA Prime Real Estate Group South License #6501338050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x123

Parking

  • 1.5 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-59-00792-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,479

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 2478.96
  • Year Built: 1925
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 8 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 9 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 9, On Level: Second
  • Dining Room: On 1st Floor, Dimensions: 11 x 13
  • Family Room: On 1st Floor, Dimensions: 20 x 11
  • Kitchen: On 1st Floor, Dimensions: 13 x 11
  • Living Room: On 1st Floor, Dimensions: 19 x 11
  • Below Grade Sq Ft: 800
  • Above Grade Finished Sq Ft: 1464
  • Total Finished Sq Ft: 1464

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 40
  • Out Buildings: Garage(s)

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • 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: 55-59-00792-000
  • Zoning: Residential
  • Lot Dimensions: 40x123
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,287.89
  • Winter Tax: Year: 2021, Amount: $1,190.98
  • Total Tax: Amount: $2,478.96

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 12, 2022
Sold by
Valmassei Todd R and Valmassei Gail A
Bought by
Brownlie-Gaglio Rosa
Seller's Agent
Jennifer Irwin
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Laura Davis
ERA Prime Real Estate Group South
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
123
Current Estimated Value
$187,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,591
Avg. Annual Appreciation
10.11%
Original Mortgage
$128,250
Outstanding Balance
$123,698
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$54,650

Purchase Details

Closed on
Mar 20, 2000
Sold by
Hunt James
Bought by
Valmassei Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.25%
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
Brownlie-Gaglio Rosa $135,000 Lawyers Title
Valmassei Todd $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brownlie-Gaglio Rosa $128,250
Previous Owner Valmassei Todd R $50,000
Previous Owner Valmassei Todd $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $135,000 -6.8% $92 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $144,900 -3.3% $99 / Sq Ft
08/12/2022 08/12/22 For Sale $149,900 -- $102 / 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 $3,480 $93,700 $93,700 $0
2024 $2,494 $82,220 $0 $0
2023 $2,386 $72,870 $0 $0
2022 $1,784 $72,870 $0 $0
2021 $2,438 $63,950 $0 $0
2020 $2,310 $59,580 $0 $0
2019 $1,521 $59,580 $0 $0
2018 $1,478 $50,060 $0 $0
2017 $1,448 $50,060 $0 $0
2016 $1,413 $44,900 $0 $0
2015 $1,337 $38,090 $0 $0
2014 $1,337 $38,090 $0 $0
2013 -- $34,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Irwin

    Seller's Agent in 2022

    Jennifer Irwin

    Coldwell Banker Haynes R.E. in Monroe

    (734) 731-0750

    1 in this area

    17 Total Sales

    Jennifer Irwin
    Section Image
  • Laura Davis

    Buyer's Agent in 2022

    Laura Davis

    ERA Prime Real Estate Group South

    (734) 558-9414

    1 in this area

    83 Total Sales

    Laura Davis
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50086600

Michigan Multiple Listing Service

APN: 55-59-00792-000

Michigan Monroe County Monroe 48162 Northeast Monroe

506 Scottwood Ave, Monroe, MI

This home is located at 506 Scottwood Ave, Monroe, MI 48162 since 12 August 2022 and is currently estimated at $187,591, approximately $128 per square foot. This property was built in 1925. 506 Scottwood Ave is a home located in Monroe County with nearby schools including Monroe High School, Trinity Lutheran School, and St Mary's Catholic Middle 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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