NOT LISTED FOR SALE

5531 Forest Dr Monroe, MI 48161

Estimated Value: $181,000 - $244,000

3 Beds
1 Bath
1,155 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $128,000 $111 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,122/month

56 Days on Market

Highlights

  • Wood Flooring
  • 2.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Bungalow

About This Home

As of July 2018

Great opportunity to live in this quite area on a dead end street. Clean, 3 bedroom home with Beautiful Hardwood floors and a full Basement on a scenic over sized Yard! Detached garage, lots of Parking and a new shed. ALL appliances are included! Great place to call HOME! More Photos coming soon. . . .

Last Agent to Sell the Property

Tani Solomon

Howard Hanna - Monroe License #MCAR-6501292044 Listed on: 05/25/2018

Howard Hanna - Monroe

Last Buyer's Agent

Kelly Hetzel-Straub

Howard Hanna - Monroe License #MCAR-6501373083

Howard Hanna - Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,155 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2.5 Car Detached Garage
  • Off-Street Parking

Utilities

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

Community Details

  • Leedys Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-160-043-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1262
  • Year Built: 1940
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors, Sump Pump
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Full, Sump Pump
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 14
  • Bedroom 2: On Main Floor, Dimensions: 10 x 11
  • Bedroom 3: On Upper Floor, Dimensions: 30 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Main Floor, Dimensions: 8 x 11
  • Kitchen: On Main Floor, Dimensions: 11 x 8
  • Living Room: On Main Floor, Dimensions: 14 x 18
  • Above Grade Finished Sq Ft: 1155

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage: Detached Garage, Off Street
  • Garage Spaces: 2.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 12-160-043-00
  • Lot Description: Treed
  • Lot Dimensions: 100x140
  • Acreage: 0.32
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Amount: $528.00
  • Winter Tax: Amount: $734.00
  • Total Tax: Amount: $1,262.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 23, 2018
Sold by
Voggenreiter David A
Bought by
Kendall Paul W
Seller's Agent
Tani Solomon
Howard Hanna - Monroe
Buyer's Agent
Kelly Hetzel-Straub
Howard Hanna - Monroe
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Current Estimated Value
$202,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,128
Avg. Annual Appreciation
6.44%
Original Mortgage
$124,160
Outstanding Balance
$107,603
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$96,594

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 29, 2016
Sold by
Reeves Amanda L and Rose Amanda L
Bought by
Voggenreiter David A
Seller's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Tani Solomon
Howard Hanna - Monroe
List Price
$119,900
Sold Price
$111,000
Premium/Discount to List
-$8,900
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$108,989
Interest Rate
4.4%
Mortgage Type
FHA
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
Kendall Paul W $128,000 Barristers Settlement & Title
Voggenreiter David A $111,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Paul W $124,160
Previous Owner Voggenreiter David A $108,989
Closed Kendall Paul W $5,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $128,000 -1.5% $111 / Sq Ft
05/25/2018 05/25/18 For Sale $129,900 +17.0% $112 / Sq Ft
02/29/2016 02/29/16 Sold $111,000 -3.4% $83 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
11/03/2015 11/03/15 Price Changed $114,900 -4.2% $86 / Sq Ft
10/15/2015 10/15/15 For Sale $119,900 -- $90 / 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 $778 $86,700 $5,450 $81,250
2024 $754 $85,450 $0 $0
2023 $718 $71,250 $0 $0
2022 $1,840 $71,250 $0 $0
2021 $1,781 $68,350 $0 $0
2020 $1,757 $58,800 $0 $0
2019 $641 $58,800 $0 $0
2018 $1,286 $48,450 $0 $0
2017 $1,119 $42,150 $0 $0
2016 $928 $42,150 $0 $0
2015 $894 $34,450 $0 $0
2014 $886 $34,450 $0 $0
2013 -- $39,350 $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

    6 in this area

    56 Total Sales

    Tani Solomon
    Section Image
  • Kelly Hetzel-Straub

    Buyer's Agent in 2018

    Kelly Hetzel-Straub

    Howard Hanna - Monroe

    (419) 386-6435

    2 in this area

    114 Total Sales

    Kelly Hetzel-Straub
    Section Image

  • L

    Seller's Agent in 2016

    Lee Garling

    Coldwell Banker Haynes R.E. in Monroe

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 21453056

Michigan Multiple Listing Service

APN: 12-160-043-00

Michigan Monroe County Monroe 48161

5531 Forest Dr, Monroe, MI

Not Listed for Sale

Detached

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