Seller's Agent in 2025
Connie Hotchkiss
Gerweck Real Estate in Monroe
(419) 367-5112
8 in this area
131 Total Sales
515 E Elm Ave Monroe, MI 48162
Northeast Monroe Neighborhood
3
Beds
1.5
Baths
1,651
Sq Ft
7,405
Sq Ft Lot
Highlights
- Traditional Architecture
- 2 Car Detached Garage
- Forced Air Heating System
- Fenced Yard
- Porch
- 4-minute walk to Cappuccilli Park
About This Home
As of December 2025Charming 2-story home located in the heart of Historic Downtown Monroe. This well-maintained home offers 2 to 3 bedrooms, 1.5 baths, and a spacious layout with a large main floor living space. Enjoy the updated kitchen equipped with stove, refrigerator, and dishwasher, all included. Convenient 1st-floor laundry w/ Washer & Dryer Included. 2-car garage with additional parking behind the home off the alley. Step outside to your own private oasis—a fenced backyard with lush mature landscaping, perfect for gardening enthusiasts. The property also features 2 covered front porches, ideal for relaxing or entertaining. With easy access to I-75, shopping, and dining, this home offers the perfect blend of comfort and convenience.
Last Agent to Sell the Property
Gerweck Real Estate in Monroe License #MCAR-6506049453 Listed on: 08/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1903
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Fenced Yard
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 1,651 Sq Ft Home
- 2-Story Property
- Basement
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Riverview Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 55-59-01279-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2025
Closed on
Dec 10, 2025
Sold by
Kolar Family Trust and Kolar Charlene S
Bought by
Howard Jeffery
Seller's Agent
Connie Hotchkiss
Gerweck Real Estate in Monroe
Buyer's Agent
Annette Perna-Taormina
Gerweck Real Estate in Monroe
List Price
$174,000
Sold Price
$132,000
Premium/Discount to List
-$42,000
-24.14%
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1141.19%
Original Mortgage
$128,040
Outstanding Balance
$128,040
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$29,410
Purchase Details
Closed on
Sep 13, 2023
Sold by
Kolar Charlene S
Bought by
Kolar Family Trust and Kolar
Purchase Details
Closed on
Jul 6, 2009
Sold by
Secretary Of Hud
Bought by
Kolar David
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $132,000 | Lawyers Title Agency Of Monroe | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $35,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,040 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Sold | $132,000 | -5.6% | $80 / Sq Ft |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- |
| 10/02/2025 10/02/25 | Price Changed | $139,900 | -6.7% | $85 / Sq Ft |
| 08/26/2025 08/26/25 | Price Changed | $149,900 | -6.3% | $91 / Sq Ft |
| 08/12/2025 08/12/25 | Price Changed | $159,900 | -8.1% | $97 / Sq Ft |
| 08/01/2025 08/01/25 | For Sale | $174,000 | -- | $105 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $1,597 | $94,500 | $94,500 | $0 |
| 2024 | $1,525 | $94,580 | $0 | $0 |
| 2023 | $2,746 | $81,160 | $0 | $0 |
| 2022 | $2,698 | $81,160 | $0 | $0 |
| 2021 | $2,654 | $74,530 | $0 | $0 |
| 2020 | $2,515 | $67,100 | $0 | $0 |
| 2019 | $2,409 | $67,100 | $0 | $0 |
| 2018 | $2,345 | $54,890 | $0 | $0 |
| 2017 | $2,296 | $54,890 | $0 | $0 |
| 2016 | $2,252 | $50,680 | $0 | $0 |
| 2015 | $2,120 | $37,580 | $0 | $0 |
| 2014 | $2,120 | $37,580 | $0 | $0 |
| 2013 | -- | $43,330 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Connie Hotchkiss
-
Annette Perna-Taormina
Buyer's Agent in 2025
Annette Perna-Taormina
Gerweck Real Estate in Monroe
(734) 242-8716
9 in this area
96 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50183830
APN: 55-59-01279-000
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Source MLS: MiRealSource
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