NOT LISTED FOR SALE

516 Parkwood Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $223,000 - $245,644

3 Beds
2 Baths
1,440 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $231,000 $160 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,655/month

2 Days on Market

Highlights

  • Craftsman Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1.5 Car Detached Garage
  • Ceiling Fan

About This Home

As of June 2023

You Just Found THE ONE On Parkwood Avenue!! From its incredible curb appeal, you'll just know this is the HOME FOR YOU as soon as you step foot inside. Entering through the spacious living room you'll notice the cornered pictured windows letting in loads of natural sunlight. Stroll across the beautiful hardwood floors into the completely remodeled kitchen & then step into the family room with its vaulted ceilings where you'll spend plenty of cozy evenings next to the fireplace. Upstairs you'll find a huge primary bedroom with bonus loft space that can be utilized in a variety of ways. Ready to party with your friends & family?! You'll have the just the spot in your finished basement with a bar, billiard table, epoxied floors, full bathroom, & egress window!! Outside you'll spend relaxing mornings on the covered side porch & warm afternoons on the backyard patio. You can't miss this amazing home! So, what are you waiting for?! Schedule Your Exclusive Private Showing TODAY!!

Last Agent to Sell the Property

Damian Volante

3Sixty5 Realty License #6501421270 Listed on: 05/20/2023

3Sixty5 Realty

Last Buyer's Agent

Marcia Siddall

Key Realty One LLC in Monroe License #6501414177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 123.00
  • Back Yard Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • 1St Add To Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58555900753000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,680

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Traditional, Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1948
  • State Equalized Value: 92620.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1912
  • Sq Ft Lower Floor: 472
  • Total Sq Ft: 1440
  • Sq Ft Total Bsmt: 917

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 64
  • Porch Type: Porch - Covered, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Monroe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 123.00
  • Parcel Number: 58555900753000

Tax Info

  • Tax Amount Summer: 2657.0000
  • Tax Amount Winter: 1023.0000
  • Total Tax: 3680.0000
  • Taxable Value: 83810.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 8, 2019
Sold by
Lundquist Ryan and Lundquist Lauren
Bought by
Riley Nicholas
Seller's Agent
Valencia Gullet-Neal
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Valencia Gullet-Neal
Century 21 Allstar Real Estate Team, Inc
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$234,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,661
Avg. Annual Appreciation
5.68%
Original Mortgage
$164,900
Outstanding Balance
$145,288
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$95,787

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 23, 2015
Sold by
Burgess Shane and Burgess Julia
Bought by
Lundquist Ryan and Lundquist Lauren
Seller's Agent
Sherry Venier
Key Realty One LLC in Monroe
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$142,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Lapointe Thomas
Bought by
Shimazaki Nobuyuki and Shimazaki Yoshie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1996
Sold by
Johnson Charles K
Bought by
Lapointe Thomas J and Lapointe Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1995
Sold by
Burns Brian D
Bought by
Johnson Charles K and Johnson Etta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.26%
Mortgage Type
New Conventional
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
Riley Nicholas $170,000 Lawyers Title
Lundquist Ryan $150,000 First American Title Ins Co
Shimazaki Nobuyuki $167,000 --
Lapointe Thomas J $112,000 --
Johnson Charles K $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Nicholas $164,900
Previous Owner Lundquist Ryan $142,500
Previous Owner Burgess Shane $151,235
Previous Owner Burgess Shane $158,500
Previous Owner Shimazaki Nobuyuki $50,000
Previous Owner Lapointe Thomas J $100,000
Previous Owner Johnson Charles K $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $231,000 +15.5% $160 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $200,000 +17.6% $139 / Sq Ft
05/08/2019 05/08/19 Sold $170,000 -2.9% $69 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $175,000 +16.7% $71 / Sq Ft
10/23/2015 10/23/15 Sold $150,000 -5.1% $90 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $158,000 -- $95 / Sq Ft
Source: Realcomp

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 $4,547 $118,800 $118,800 $0
2024 $3,265 $104,400 $0 $0
2023 $2,763 $92,620 $0 $0
2022 $3,680 $92,620 $0 $0
2021 $3,554 $81,140 $0 $0
2020 $3,525 $75,230 $0 $0
2019 $2,515 $75,230 $0 $0
2018 $2,443 $66,810 $0 $0
2017 $2,393 $66,810 $0 $0
2016 $2,335 $59,690 $0 $0
2015 $1,632 $44,860 $0 $0
2014 $1,632 $44,860 $0 $0
2013 -- $40,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Damian Volante

    Seller's Agent in 2023

    Damian Volante

    3Sixty5 Realty

    (734) 624-4303

    2 in this area

    133 Total Sales

    Damian Volante
    Section Image
  • Marcia Siddall

    Buyer's Agent in 2023

    Marcia Siddall

    Key Realty One LLC in Monroe

    (734) 731-3556

    14 in this area

    173 Total Sales

    Marcia Siddall
    Section Image

  • V

    Seller's Agent in 2019

    Valencia Gullet-Neal

    Century 21 Allstar Real Estate Team, Inc

    Section Image
  • Sherry Venier

    Seller's Agent in 2015

    Sherry Venier

    Key Realty One LLC in Monroe

    (734) 819-6394

    7 in this area

    80 Total Sales

    Sherry Venier
    Section Image

  • N

    Buyer's Agent in 2015

    Nmls Nmls

    Non-MLS Member

See All Agents

Map

Source: Realcomp

MLS Number: 20230038649

Realcomp

APN: 55-59-00753-000

Michigan Monroe County Monroe 48162 Northeast Monroe

516 Parkwood Ave, Monroe, MI

This home is located at 516 Parkwood Ave, Monroe, MI 48162 since 20 May 2023 and is currently estimated at $234,661, approximately $162 per square foot. This property was built in 1948. 516 Parkwood 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.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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