NOT LISTED FOR SALE

Estimated Value: $130,000 - $211,000

3 Beds
2 Baths
2,706 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $65,000 $24 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,089/month

587 Days on Market

Highlights

  • Victorian Architecture
  • Balcony
  • Forced Air Heating System
  • Corner Lot
  • 2 Car Detached Garage
  • 4-minute walk to Boyd Park

About This Home

As of December 2020

Large up/down duplex with spacious apartments. Main floor is a 2 bed, upper is a 1 bed. Upper unit bathroom has been redone and kitchen is in good condition. Main floor unit overall is in good condition and has a large screened porch. Upper unit has forced air main floor has hot water heat. Good cash flow $1350 monthly. Tenants pay gas and electric, owner pays water. Main floor unit is vacant upper is occupied. Cash or Conventional financing Only****

Last Listed By

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 04/09/2019

Berkshire Hathaway Home Service Kee Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x157
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $13,000

Listing and Financial Details

  • Assessor Parcel Number 55-29-00404-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Victorian
  • Flood Insurance: Not Required
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2706

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Exterior Balcony
  • Frontage: 70
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces

Utilities

  • Water: Public Water
  • Water Heater: Electric, Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air, Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Schools

  • High School: Monroe

Lot Info

  • Assessor Parcel Number: 55-29-00404-007
  • Location: Corner Lot
  • Lot Dimensions: 70x157
  • Acreage: 0.2
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer
  • Lease Information: Long Term, Month-To-Month, Water Included
  • Total Expenses: 3200

Tax Info

  • Summer Tax: Year: 2018, Amount: $898.34
  • Winter Tax: Year: 2018, Amount: $890.32
  • Total Tax: Year: 2018, Amount: $1,788.66
  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Haynes Thomas
Bought by
Haynes Straub Holdings Llc
Total Days on Market
587
Current Estimated Value
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,800
Outstanding Balance
$432,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$279,665

Purchase Details

Listed on
Apr 9, 2019
Closed on
Dec 4, 2020
Sold by
Spicer Elaine M and Monroe Bank & Trust
Bought by
Haynes Thomas
Seller's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Thomas Haynes
Key Realty One LLC in Monroe
List Price
$83,000
Sold Price
$65,000
Premium/Discount to List
-$18,000
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Mayes Melissa
Bought by
Spicer Richard

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
Haynes Straub Holdings Llc -- Liberty Title & Escrow Co
Haynes Thomas $65,000 None Available
Spicer Richard $78,095 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Straub Holdings Llc $473,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $65,000 -21.7% $24 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $83,000 0.0% $31 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $83,000 +3.9% $31 / Sq Ft
12/11/2019 12/11/19 Price Changed $79,900 -11.1% $30 / Sq Ft
09/24/2019 09/24/19 For Sale $89,900 +38.3% $33 / Sq Ft
09/19/2019 09/19/19 Off Market $65,000 -- --
04/09/2019 04/09/19 For Sale $89,900 -- $33 / 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
2024 $1,857 $70,050 $0 $0
2023 $1,776 $57,070 $0 $0
2022 $3,345 $57,070 $0 $0
2021 $3,232 $52,150 $0 $0
2020 $1,919 $46,560 $0 $0
2019 $1,838 $46,560 $0 $0
2018 $1,789 $40,380 $0 $0
2017 $1,752 $40,380 $0 $0
2016 $1,718 $41,390 $0 $0
2015 $1,956 $29,440 $0 $0
2014 $1,956 $29,440 $0 $0
2013 -- $30,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31376064

Michigan Multiple Listing Service

APN: 55-29-00404-007