NOT LISTED FOR SALE

508 E Elm Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $225,000 - $243,000

5 Beds
2 Baths
2,182 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $134,000 $61 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,517/month

243 Days on Market

Highlights

  • River Front
  • 2 Car Detached Garage
  • Wood Siding
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • 4-minute walk to Cappuccilli Park

About This Home

As of November 2014

RIVERFRONT EARLY AMERICAN 5 BEDROOM 2 BATH BEAUTY. THIS HOME HAS LOTS OF CHARM. FIRST FLOOR MASTER WITH MASTER BATH WITH STACKABLE WASHER AND DRYER. COVERED FRONT PORCH WITH SCREENS AVAILABLE. ATTIC STORAGE. FENCED REAR YARD. TAXES IF HOMESTEADED WOULD BE $1937.43 TOTAL.PLEASE REMOVE YOUR SHOES WHEN VIEWING.

Last Agent to Sell the Property

Alan Haynes

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6502134087 Listed on: 01/24/2014

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Amanda Sharp

Pressed Rose Real Estate License #MCAR-6502430933

Pressed Rose Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x180
  • River Front
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,182 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 58555901277000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,846

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Originating MLS: Monroe County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Full
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 13 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 13
  • Bedroom 4: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 5: On Upper Floor, Dimensions: 13 x 10
  • Bathrooms Description: MstrBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: Entry, Master Bathroom
  • Dining Room: On Main Floor, Dimensions: 12 x 11
  • Kitchen: On Main Floor, Dimensions: 11 x 11
  • Kitchen Features: Breakfast Nook/Room
  • Living Room: On Main Floor, Dimensions: 20 x 12
  • Other Room1: Dimensions: 8x8, On Level: Main
  • Other Room 2: Dimensions: 10x11, On Level: Main
  • Above Grade Finished Sq Ft: 2182
  • Total Finished Sq Ft: 2182

Exterior Features

  • Exterior: Wood
  • Exterior Features: Fenced Yard
  • Water Features: River Frontage, Waterfront
  • Waterfront: Yes

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

Schools

  • Elementary School: CUSTER
  • High School: MONROE

Lot Info

  • Assessor Parcel Number: 58555901277000
  • Lot Dimensions: 60X180
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,432.43
  • Winter Tax: Amount: $1,413.23
  • Total Tax: Amount: $2,845.66

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
Nov 14, 2014
Sold by
Raker Howard J and Raker Cynthia A
Bought by
Raker Howard J and Raker Cynthia A
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Amanda Sharp
Pressed Rose Real Estate
List Price
$169,900
Sold Price
$134,000
Premium/Discount to List
-$35,900
-21.13%
Total Days on Market
243
Current Estimated Value
$237,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,924
Avg. Annual Appreciation
5.58%
Original Mortgage
$131,572
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 24, 2014
Closed on
Nov 12, 2014
Sold by
Virginia M Duvall Revocable Living Trust and Grajewski Terri A
Bought by
Raker Howard J
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Amanda Sharp
Pressed Rose Real Estate
List Price
$169,900
Sold Price
$134,000
Premium/Discount to List
-$35,900
-21.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,572
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2011
Sold by
Duvall Virginia M and Duvall Marvin E
Bought by
Virginia M Duvall Revocable Living Tru
Source: Public Records

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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
Raker Howard J -- Lawyers Title Agency
Raker Howard J $134,000 Lawyers Title Agency
Virginia M Duvall Revocable Living Tru -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raker Cindy $123,200
Closed Raker Cynthia A $129,931
Closed Raker Howard J $131,572
Closed Raker Howard J $131,572
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $134,000 -21.1% $61 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $169,900 -- $78 / 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
2024 $2,185 $118,500 $0 $0
2023 $2,089 $99,030 $0 $0
2022 $2,783 $99,030 $0 $0
2021 $2,688 $97,280 $0 $0
2020 $2,504 $83,730 $0 $0
2019 $2,373 $83,730 $0 $0
2018 $2,306 $68,540 $0 $0
2017 $2,258 $68,540 $0 $0
2016 $2,203 $63,800 $0 $0
2015 $2,786 $49,370 $0 $0
2014 $2,786 $49,370 $0 $0
2013 -- $50,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Haynes

    Seller's Agent in 2014

    Alan Haynes

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-9393

    17 in this area

    133 Total Sales

    Alan Haynes
    Section Image

  • A

    Buyer's Agent in 2014

    Amanda Sharp

    Pressed Rose Real Estate

    (734) 770-5737

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Daniels

    Agent History

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 20392421

Michigan Multiple Listing Service

APN: 55-59-01277-000

Michigan Monroe County Monroe 48162 Northeast Monroe

508 E Elm Ave, Monroe, MI

This home is located at 508 E Elm Ave, Monroe, MI 48162 since 24 January 2014 and is currently estimated at $237,924, approximately $109 per square foot. This property was built in 1913. 508 E Elm Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran 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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