NOT LISTED FOR SALE

511 E 1st St Monroe, MI 48161

Central Monroe Neighborhood

Estimated Value: $122,000 - $163,000

3 Beds
2 Baths
1,332 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $71,000 $53 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $945/month

Highlights

  • Cape Cod Architecture
  • Carpet
  • 5-minute walk to Monroe Recreation Department

About This Home

As of June 2021

Create your new beginning with this wonderful home right here. Great location, easy access to I-75, walking distance to downtown amenities. Big sized rooms throughout the home. Come in, give this home some love, and you can make it a true beauty.

Last Agent to Sell the Property

Terry Dushane

Dream Big Realty LLC License #MCAR-6501410571 Listed on: 04/21/2021

Last Buyer's Agent

Penny Tarwacki

Real Estate One Southgate License #MCAR-6502392169

Real Estate One Southgate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1873

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x139.50

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 553900519000

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 2 Story
  • Total Tax Amount: 831.86
  • Year Built: 1873
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 14
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 14
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 6 x 6, On Level: Main, Flooring: Linoleum
  • Bathroom 2: Dimensions: 5 x 6, On Level: Second
  • Family Room: On Main Floor, Dimensions: 13 x 13
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 20 x 11
  • Kitchen Floor Covering: Laminate
  • Living Room: On Main Floor, Dimensions: 17 x 15
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1332
  • Total Finished Sq Ft: 1332

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Michigan Basement
  • Frontage: 50

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 553900519000
  • Lot Dimensions: 50x139.50
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $588.97
  • Winter Tax: Year: 2021, Amount: $242.89
  • Total Tax: Amount: $831.86

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Fishers Flipping
Bought by
J & L Fisher Properties Llc
Current Estimated Value
$132,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$107,347
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$20,627

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 9, 2021
Sold by
Jacobs Richard C and Jacobs Agnes G
Bought by
Fishers Flipping
Seller's Agent
Terry Dushane
Dream Big Realty LLC
Buyer's Agent
Penny Tarwacki
Real Estate One Southgate
List Price
$90,000
Sold Price
$71,000
Premium/Discount to List
-$19,000
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Source: Public Records

Range of Values:

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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
J & L Fisher Properties Llc -- Stewart Title
Fishers Flipping $70,000 Lawyers Title Agcy Of Monroe
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & L Fisher Properties Llc $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $71,000 -21.1% $53 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $90,000 -- $68 / 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 $2,906 $68,000 $68,000 $0
2024 $1,472 $62,320 $0 $0
2023 $1,408 $42,700 $0 $0
2022 $2,651 $42,700 $0 $0
2021 $893 $36,790 $0 $0
2020 $832 $34,060 $0 $0
2019 $789 $34,060 $0 $0
2018 $766 $28,860 $0 $0
2017 $751 $28,860 $0 $0
2016 $733 $24,760 $0 $0
2015 $788 $18,390 $0 $0
2014 $788 $18,390 $0 $0
2013 -- $18,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Dushane

    Seller's Agent in 2021

    Terry Dushane

    Dream Big Realty LLC

    (734) 790-1956

    1 in this area

    49 Total Sales

    Terry Dushane
    Section Image
  • Penny Tarwacki

    Buyer's Agent in 2021

    Penny Tarwacki

    Real Estate One Southgate

    (313) 218-5779

    2 in this area

    86 Total Sales

    Penny Tarwacki
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50039487

Michigan Multiple Listing Service

APN: 55-39-00519-000

Michigan Monroe County Monroe 48161 Central Monroe

511 E 1st St, Monroe, MI

This home is located at 511 E 1st St, Monroe, MI 48161 since 21 April 2021 and is currently estimated at $132,718, approximately $99 per square foot. This property was built in 1873. 511 E 1st St 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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