NOT LISTED FOR SALE

514 Arbor Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $126,539 - $162,000

3 Beds
1 Bath
945 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $78,000 $83 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,069/month

Highlights

  • Craftsman Architecture
  • Carpet
  • 1-minute walk to Arbor Lorain Park
  • 1.5 Car Garage

About This Home

As of January 2022

Nice, charming, three bedroom home features an enclosed 17 x 7 front porch, first floor laundry and an up dated bathroom. It has a newer roof, furnace and some new windows. The detached 1 car Garage is deep enough for two cars and the fenced in yard is a good size. Stove, Refrigerator washer and dryer included. Easy access to I-75. Immediate Occupancy upon closing.

Last Agent to Sell the Property

Kimberle Daniels

Howard Hanna - Monroe License #MCAR-6501420084 Listed on: 09/23/2021

Howard Hanna - Monroe

Last Buyer's Agent

Joel Williamson

Wiens And Roth Real Estate - Lambertville License #MCAR-6501419900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1.5 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 945 Sq Ft Home
  • 1.5-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Community Details

  • Riverview Subdivision Lot 149

Listing and Financial Details

  • Assessor Parcel Number 55-59-01331-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,147

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Craftsman
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1147
  • Total Tax Year: 2020
  • Year Built: 1923
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 8
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On Upper Floor, Dimensions: 9 x 14
  • Bedroom 3: On Upper Floor, Dimensions: 8 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 5, On Level: Main, Flooring: Laminate
  • Kitchen: On Main Floor, Dimensions: 19 x 8
  • Kitchen Floor Covering: Carpet
  • Laundry: On Main Floor, Dimensions: 14 x 7
  • Laundry Room Floor Covering: Carpet
  • Living Room: On Main Floor, Dimensions: 11 x 23
  • Living Room Floor Covering: Laminate
  • Above Grade Finished Sq Ft: 945
  • Total Finished Sq Ft: 945

Exterior Features

  • Exterior: Aluminum
  • Foundation: Crawl, Partial Basement
  • Frontage: 50

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 55-59-01331-000
  • Lot Dimensions: 50x120
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $815.00
  • Winter Tax: Year: 2020, Amount: $349.00
  • Total Tax: Year: 2020, Amount: $1,147.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jan 14, 2022
Sold by
Lynn Moran Diana
Bought by
Williamson John Joel
Seller's Agent
Kimberle Daniels
Howard Hanna - Monroe
Buyer's Agent
Joel Williamson
Wiens And Roth Real Estate - Lambertville
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%
Current Estimated Value
$146,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,135
Avg. Annual Appreciation
18.44%
Original Mortgage
$62,400
Outstanding Balance
$57,509
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$88,626

Purchase Details

Closed on
Oct 31, 2013
Sold by
Bailey Joann P
Bought by
Bailey Joann P
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
Williamson John Joel $78,000 None Listed On Document
Bailey Joann P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson John Joel $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $78,000 -8.1% $83 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $84,900 0.0% $90 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $84,900 -10.2% $90 / Sq Ft
10/28/2021 10/28/21 For Sale $94,500 0.0% $100 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $94,500 -- $100 / 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 $3,527 $59,800 $59,800 $0
2024 $1,783 $58,250 $0 $0
2023 $1,705 $51,000 $0 $0
2022 $1,330 $51,000 $0 $0
2021 $1,288 $45,570 $0 $0
2020 $1,205 $41,290 $0 $0
2019 $1,147 $41,290 $0 $0
2018 $1,117 $33,340 $0 $0
2017 $1,097 $33,340 $0 $0
2016 $1,073 $31,040 $0 $0
2015 $1,029 $25,440 $0 $0
2014 $1,029 $25,440 $0 $0
2013 -- $26,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kimberle Daniels

    Howard Hanna - Monroe

    (734) 755-3449

    10 in this area

    98 Total Sales

    Kimberle Daniels
    Section Image
  • Joel Williamson

    Buyer's Agent in 2022

    Joel Williamson

    Wiens And Roth Real Estate - Lambertville

    (517) 242-5489

    15 in this area

    90 Total Sales

    Joel Williamson
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50055954

Michigan Multiple Listing Service

APN: 55-59-01331-000

Michigan Monroe County Monroe 48162 Northeast Monroe

514 Arbor Ave, Monroe, MI

This home is located at 514 Arbor Ave, Monroe, MI 48162 since 23 September 2021 and is currently estimated at $146,135, approximately $154 per square foot. This property was built in 1923. 514 Arbor Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Zion Lutheran School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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