NOT LISTED FOR SALE

518 Scottwood Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $199,000 - $233,000

3 Beds
2 Baths
1,471 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $164,900 $112 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,431/month

101 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Architecture
  • Loft
  • 4-minute walk to Arbor Lorain Park

About This Home

As of December 2018

Spend lazy afternoons on the cozy covered front porch in this beautiful 3 bedroom, 2 bath home. So many updates including a newly remodeled Kraftmaid kitchen with ceramic tile floors, maple cabinets with tons of slide out shelving, solid surface counters, an under the counter wine cooler, and a desk area for homework time. All of the floors have been professionally refinished in a modern stain. There is a huge walk up attic for extra storage. Enjoy laundry time in the newly finished basement area complete with a media center, wash sink, butcher block folding table and a full modern bathroom with tiled shower. New roof, high efficiency furnace and A/C in 2017. Maintenance free composite deck off of the dining room leads to a large backyard.

Last Agent to Sell the Property

Sherry Venier

Key Realty One LLC in Monroe License #MCAR-6501375306 Listed on: 07/26/2018

Last Buyer's Agent

Jon Standifer

Century 21 Allstar Real Estate Team, Inc License #MCAR-6501372088

Century 21 Allstar Real Estate Team, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40x163

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • Hollywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-59-00790-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 1400
  • Year Built: 1928
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Finished, Full
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Below Grade Bathroom: 1
  • Below Grade Bedrooms: 1
  • Room Types: Loft
  • Dining Room: On Main Floor, Dimensions: 14 x 11
  • Kitchen: On Main Floor, Dimensions: 17 x 10
  • Living Room: On Main Floor, Dimensions: 18 x 12
  • Other Room1: Dimensions: 24x22, On Level: Upper
  • Other Room 2: Dimensions: 20x12, On Level: Lower
  • Below Grade Sq Ft: 600
  • Finished Below Grade Sq Ft: 250
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1221
  • Total Finished Sq Ft: 1471

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Basement
  • Frontage: 40
  • Road: Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • 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

Lot Info

  • Assessor Parcel Number: 55-59-00790-000
  • Lot Dimensions: 40x163
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,024.00
  • Winter Tax: Year: 2017, Amount: $376.00
  • Total Tax: Amount: $1,400.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Dec 12, 2018
Sold by
Joseph Gerace
Bought by
Bass Bradley
Seller's Agent
Sherry Venier
Key Realty One LLC in Monroe
Buyer's Agent
Jon Standifer
Century 21 Allstar Real Estate Team, Inc
List Price
$189,900
Sold Price
$164,900
Premium/Discount to List
-$25,000
-13.16%
Current Estimated Value
$215,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,201
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
Jul 26, 2018
Closed on
Dec 11, 2018
Sold by
Joseph Gerace
Bought by
Bass Bradley
Seller's Agent
Sherry Venier
Key Realty One LLC in Monroe
Buyer's Agent
Jon Standifer
Century 21 Allstar Real Estate Team, Inc
List Price
$189,900
Sold Price
$164,900
Premium/Discount to List
-$25,000
-13.16%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 9, 2017
Sold by
Timiney Tanya and Timiney Michael
Bought by
Gerace Joseph J
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lauri Labeau-Hines
RE/MAX Masters, INC.
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$125,681
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2012
Sold by
Timiney Michael L and Sieb Tanya R
Bought by
Timiney Michael and Timiney Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,649
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bass Bradley $164,900 Lawyers Title
Bass Bradley $164,900 Lawyers Title
Gerace Joseph J $128,000 First American Title
Timiney Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerace Joseph J $125,681
Previous Owner Timiney Michael $111,649
Previous Owner Timiney Michael $40,000
Previous Owner Timiney Michael L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $164,900 0.0% $112 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $164,900 -2.9% $112 / Sq Ft
08/24/2018 08/24/18 Price Changed $169,900 -5.6% $115 / Sq Ft
08/06/2018 08/06/18 Price Changed $179,900 -5.3% $122 / Sq Ft
07/26/2018 07/26/18 For Sale $189,900 +48.4% $129 / Sq Ft
01/09/2017 01/09/17 Sold $128,000 -5.1% $105 / Sq Ft
10/06/2016 10/06/16 Price Changed $134,900 -3.6% $110 / Sq Ft
09/21/2016 09/21/16 For Sale $139,900 -- $115 / 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 $3,111 $101,000 $101,000 $0
2024 $2,229 $88,680 $0 $0
2023 $2,131 $78,550 $0 $0
2022 $2,839 $78,550 $0 $0
2021 $2,742 $68,980 $0 $0
2020 $2,554 $59,280 $0 $0
2019 $2,368 $59,280 $0 $0
2018 $2,121 $50,170 $0 $0
2017 $1,400 $50,170 $0 $0
2016 $1,426 $45,140 $0 $0
2015 $1,331 $35,920 $0 $0
2014 $1,331 $35,920 $0 $0
2013 -- $32,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Venier

    Seller's Agent in 2018

    Sherry Venier

    Key Realty One LLC in Monroe

    (734) 819-6394

    7 in this area

    80 Total Sales

    Sherry Venier
    Section Image
  • Jon Standifer

    Buyer's Agent in 2018

    Jon Standifer

    Century 21 Allstar Real Estate Team, Inc

    (734) 497-8432

    7 in this area

    75 Total Sales

    Jon Standifer
    Section Image
  • Alan Haynes

    Seller's Agent in 2017

    Alan Haynes

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-9393

    14 in this area

    127 Total Sales

    Alan Haynes
    Section Image

  • L

    Buyer's Agent in 2017

    Lauri Labeau-Hines

    RE/MAX

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 21480235

Michigan Multiple Listing Service

APN: 55-59-00790-000

Michigan Monroe County Monroe 48162 Northeast Monroe

518 Scottwood Ave, Monroe, MI

This home is located at 518 Scottwood Ave, Monroe, MI 48162 since 26 July 2018 and is currently estimated at $215,101, approximately $146 per square foot. This property was built in 1928. 518 Scottwood 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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