NOT LISTED FOR SALE

524 Borgess Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $206,000 - $262,000

2 Beds
1 Bath
1,733 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $135,000 $78 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,381/month

7 Days on Market

Highlights

  • 1 Car Detached Garage
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Porch
  • Bungalow

About This Home

As of October 2018

Clean Brick Home with Wallside windows, full basement that's partially finished, dining room, tons of storage and so much more! Second floor could be finished. Built in custom hutch in Dining Room and Lots of cabinets in the kitchen. It's walking distance to St. Mary's Park, the River Walk & downtown. Make your appointment today.

Last Agent to Sell the Property

Tani Solomon

Howard Hanna - Monroe License #MCAR-6501292044 Listed on: 09/13/2018

Howard Hanna - Monroe

Last Buyer's Agent

Thomas Hines

RE/MAX Masters, INC. License #MCAR-6501398190

RE/MAX Masters, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 44x169
  • Street terminates at a dead end

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 55-69-00353-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 2 Story
  • Total Tax Amount: 2087.51
  • Year Built: 1951
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet
  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 14 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Room: On Entry Level, Dimensions: 10 x 16
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Living Room: On Entry Level, Dimensions: 18 x 13
  • Below Grade Sq Ft: 700
  • Finished Below Grade Sq Ft: 400
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1333
  • Total Finished Sq Ft: 1733

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch, Sidewalks, Street Lights
  • Foundation: Basement
  • Frontage: 44
  • Road: City/County, Curbed, Paved Street

Garage/Parking

  • Garage: Detached Garage, Off Street
  • Garage Spaces: 1
  • Parking: 3 or More Spaces
  • 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: 55-69-00353-000
  • Zoning: Residential
  • Lot Dimensions: 44x169
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,535.48
  • Winter Tax: Year: 2017, Amount: $552.03
  • Total Tax: Amount: $2,087.51

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Gill Baxter and Gill Baxter R
Bought by
Gill Baxter R and Gill Jacqueline
Current Estimated Value
$224,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,750
Outstanding Balance
$111,900
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$112,567

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 6, 2018
Sold by
Newman Chad M and Newman Amy J
Bought by
Gill Baxter
Seller's Agent
Tani Solomon
Howard Hanna - Monroe
Buyer's Agent
Thomas Hines
RE/MAX Masters, INC.
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$121,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 30, 2018
Sold by
Newman Chad M and Newman Amy J
Bought by
Gill Baxter
Seller's Agent
Tani Solomon
Howard Hanna - Monroe
Buyer's Agent
Thomas Hines
RE/MAX Masters, INC.
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
Wagner Donald L and Wagner Marlene J
Bought by
Newman Chad M and Newman Amy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gill Baxter R -- Fidelity National Title
Gill Baxter $135,000 Barristers Settlement & Title
Gill Baxter $135,000 Barristers Settlement & Title
Newman Chad M $145,000 Mortgage Center Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Baxter R $125,750
Closed Gill Baxter $121,500
Closed Gill Baxter $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $135,000 +3.9% $78 / Sq Ft
09/14/2018 09/14/18 Price Changed $129,900 +0.7% $75 / Sq Ft
09/13/2018 09/13/18 For Sale $129,000 -- $74 / 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 $2,482 $93,900 $93,900 $0
2024 $2,369 $89,050 $0 $0
2023 $2,266 $70,120 $0 $0
2022 $3,018 $70,120 $0 $0
2021 $2,863 $69,910 $0 $0
2020 $2,638 $61,900 $0 $0
2019 $2,473 $61,900 $0 $0
2018 $2,098 $59,650 $0 $0
2017 $2,054 $59,650 $0 $0
2016 $2,005 $58,710 $0 $0
2015 $1,923 $52,500 $0 $0
2014 $1,923 $52,500 $0 $0
2013 -- $49,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tani Solomon

    Seller's Agent in 2018

    Tani Solomon

    Howard Hanna - Monroe

    (734) 242-5330

    4 in this area

    56 Total Sales

    Tani Solomon
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Hines

    RE/MAX

    (818) 825-8841

    1 in this area

    25 Total Sales

    Thomas Hines
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31359919

Michigan Multiple Listing Service

APN: 55-69-00353-000

Michigan Monroe County Monroe 48162 Northeast Monroe

524 Borgess Ave, Monroe, MI

Not Listed for Sale

Detached

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