NOT LISTED FOR SALE

Estimated Value: $217,217 - $312,000

4 Beds
2 Baths
2,191 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $185,001 $84 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,542/month

5 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 5-minute walk to Arbor Lorain Park
  • Bungalow

About This Home

As of March 2022

Multiple offers received. Highest & Best due 2/12 by 5pm. Cute as a button duplex in a great location! Home is in close proximity to the hospital and shopping. Live in the lower unit of this spacious home that offers 3 bedrooms, 1 bath, open living and dining space, with beautiful woodwork throughout. Upper unit is currently rented. Home also offers a fenced in back yard. Schedule your showing today!

Last Agent to Sell the Property

Shelly Gutierrez

Cornerstone Real Estate License #lcar-6501421200 Listed on: 02/07/2022

Cornerstone Real Estate

Last Buyer's Agent

Alli Henning

Dwellings Michigan License #RCO-6501409703

Dwellings Michigan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 47x157

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 55 69 00001 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,341

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Bungalow
  • Total Tax Amount: 3341
  • Total Tax Year: 2021
  • Year Built: 1914
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 47
  • Foundation Type: Basement

Utilities

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

Lot Info

  • Assessor Parcel Number: 55 69 00001 000
  • Lot Dimensions: 47x157
  • Acreage: 0.17
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,052.00
  • Winter Tax: Year: 2021, Amount: $1,289.00
  • Total Tax: Year: 2021, Amount: $3,341.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 24, 2022
Sold by
Galaska Daniel D
Bought by
Mason Eric
Seller's Agent
Shelly Gutierrez
Cornerstone Real Estate
Buyer's Agent
Alli Henning
Dwellings Michigan
List Price
$175,000
Sold Price
$185,001
Premium/Discount to List
$10,001
5.71%
Current Estimated Value
$247,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,803
Avg. Annual Appreciation
7.95%
Original Mortgage
$135,000
Outstanding Balance
$126,613
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$121,191

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 18, 2022
Sold by
Eric Mason
Bought by
J Campbell Llc
Seller's Agent
Shelly Gutierrez
Cornerstone Real Estate
Buyer's Agent
Alli Henning
Dwellings Michigan
List Price
$175,000
Sold Price
$185,001
Premium/Discount to List
$10,001
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$126,613
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$121,191

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 11, 2022
Sold by
Galaska Daniel D
Bought by
Mason Eric
Seller's Agent
Shelly Gutierrez
Cornerstone Real Estate
Buyer's Agent
Alli Henning
Dwellings Michigan
List Price
$175,000
Sold Price
$185,001
Premium/Discount to List
$10,001
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$126,613
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$121,191

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jun 4, 2018
Sold by
Kathleen Russeau
Bought by
Galaska Daniel D
Seller's Agent
Brenda Montri
Howard Hanna - Monroe
Buyer's Agent
Sherri Held
Howard Hanna Real Estate Services-Tecumseh
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$108,007
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2001
Sold by
Russell Roger
Bought by
Russeau Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mason Eric $185,001 New Title Company Name
J Campbell Llc -- Lievens Law Pllc
Mason Eric $185,001 New Title Company Name
Galaska Daniel D $115,000 Barristers Settlement & Title
Russeau Kathleen $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Eric $135,000
Closed Mason Eric $135,000
Previous Owner Galaska Daniel D $108,007
Previous Owner Russeau Kathleen $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2022 03/11/22 Sold $185,001 +5.7% $84 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $175,000 +52.2% $80 / Sq Ft
05/21/2018 05/21/18 Sold $115,000 -17.8% $52 / Sq Ft View Prior Sale
05/15/2018 05/15/18 Pending -- -- --
09/22/2017 09/22/17 For Sale $139,900 -- $64 / 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 $2,957 $97,900 $97,900 $0
2024 $2,823 $94,520 $0 $0
2023 $2,700 $79,550 $0 $0
2022 $3,459 $79,550 $0 $0
2021 $3,342 $70,390 $0 $0
2020 $3,132 $62,490 $0 $0
2019 $2,985 $62,490 $0 $0
2018 $2,374 $53,640 $0 $0
2017 $2,890 $53,640 $0 $0
2016 $2,837 $54,570 $0 $0
2015 $2,740 $55,990 $0 $0
2014 $2,740 $55,990 $0 $0
2013 -- $49,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50065565

Michigan Multiple Listing Service

APN: 55-69-00001-000