NOT LISTED FOR SALE

525 N Monroe St Lapeer, MI 48446

Estimated Value: $163,000 - $213,000

4 Beds
2 Baths
1,820 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $53,000 $29 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,098/month

983 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • 3-minute walk to Veterans Memorial Park Lapeer Michigan

About This Home

As of December 2013

Used as a two unit & non-conforming. Common entrance to both units. City of Lapeer. Walk to downtown. Lower unit has 4 bdrms & 1 bath. Upper unit is 1 bedroom 1 bath 560 sq ft. Both units are tenant occupied. 24 hour notice to show. Subject to tenant lease

Last Agent to Sell the Property

Caroline D'Andrea

Coldwell Banker Professionals License #6501358117 Listed on: 02/15/2011

Coldwell Banker Professionals

Co-Listed By

Dora Bianchini

Temporary Inactive Users License #6501204199

Last Buyer's Agent

Debbie Cagle

Great Lakes Town & Country Realty License #6502369943

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Interior Spaces

  • 2 Full Bathrooms
  • 1,820 Sq Ft Home
  • 1.5-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Lot Dimensions are 75x100

Community Details

  • 2 Units
  • City Of Lapeer R Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number L206050004000
  • $3,180 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1820
  • Total Sq Ft: 1820

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Frontage Feet: 75
  • Porch Type: Patio
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • Lot Dimensions: 75X100
  • Parcel Number: L206050004000
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 1125.0000
  • Tax Amount Winter: 1436.0000
  • Total Tax: 2561.0000

Multi Family

  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2011
Closed on
Dec 31, 2013
Sold by
Oxford Bank
Bought by
Holtzhouse Irvin and Holtzhouse Janet
Seller's Agent
Caroline D'Andrea
Coldwell Banker Professionals
Buyer's Agent
Debbie Cagle
Great Lakes Town & Country Realty
List Price
$79,900
Sold Price
$53,000
Premium/Discount to List
-$26,900
-33.67%
Total Days on Market
983
Current Estimated Value
$181,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,993
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Feb 4, 2009
Sold by
North Marvin L
Bought by
Oxford Bank

Purchase Details

Closed on
Mar 18, 2008
Sold by
Soumi Land Company Llc
Bought by
Brecht Shawn

Purchase Details

Closed on
Sep 26, 2003
Sold by
Indymac Bank Fsb
Bought by
Brecht Shawn

Purchase Details

Closed on
Oct 15, 2002
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortage Assoc

Purchase Details

Closed on
Aug 28, 2002
Sold by
Miller Mark and Miller Laurie
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Nov 23, 1998
Sold by
Vanwingerden Irvin F and Vanwingerden Janet
Bought by
Miller Mark and Miller Laurie

Purchase Details

Closed on
Jun 10, 1998
Sold by
Misener Donna M
Bought by
Vanwingarden Irvin F and Vanwingarden Janet

Purchase Details

Closed on
Feb 3, 1997
Sold by
Sutton Leah
Bought by
Sutton Dean

Purchase Details

Closed on
May 27, 1979
Sold by
Sutton Dean
Bought by
Misener Donna M

Purchase Details

Closed on
Feb 3, 1979
Sold by
Sutton Leah
Bought by
Sutton Dean
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
Holtzhouse Irvin $53,000 --
Oxford Bank $79,900 --
Brecht Shawn -- --
Brecht Shawn $95,000 --
Federal National Mortage Assoc -- --
Indymac Bank Fsb $165,100 --
Miller Mark $118,500 --
Vanwingarden Irvin F $79,000 --
Sutton Dean -- --
Misener Donna M -- --
Sutton Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holtzhouse Irvin $112,500
Closed Holtzhouse Irvin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $53,000 -33.7% $29 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
02/15/2011 02/15/11 For Sale $79,900 -- $44 / 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
2024 $917 $74,200 $0 $0
2023 $875 $65,800 $0 $0
2022 $1,477 $63,100 $0 $0
2021 $1,378 $58,300 $0 $0
2020 $1,363 $56,600 $0 $0
2019 $1,369 $51,300 $0 $0
2018 $1,337 $53,200 $53,200 $0
2017 $1,311 $49,300 $0 $0
2016 $745 $42,600 $42,600 $0
2015 -- $0 $0 $0
2014 -- $37,000 $37,000 $0
2013 -- $36,600 $36,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211017124

Realcomp

APN: L20-60-500-040-00