NOT LISTED FOR SALE

5551 Central Dr Monroe, MI 48161

Estimated Value: $185,000 - $203,000

3 Beds
1 Bath
1,248 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $137,000 $110 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,218/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Garage

About This Home

As of March 2019

Home tastefully updated with new appliances under 2 years old. Dormer finished for a huge master bedroom. Situated on two lots.

Last Agent to Sell the Property

Allan Meyette

iLink Real Estate Co. License #MCAR-6501396506 Listed on: 02/27/2019

Last Buyer's Agent

Allan Meyette

iLink Real Estate Co. License #MCAR-6501396506 Listed on: 02/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Leedy's Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1216008600

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

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: Traditional
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 894.7
  • Year Built: 1940
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 34 x 11
  • Bedroom 2: On Main Floor, Dimensions: 12 x 11
  • Bedroom 3: On Main Floor, Dimensions: 11 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Main Floor, Dimensions: 19 x 12
  • Living Room: On Main Floor, Dimensions: 12 x 10
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 600
  • Above Grade Finished Sq Ft: 1248
  • Total Finished Sq Ft: 1248

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 100

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 1216008600
  • Lot Dimensions: 100 x 140
  • Acreage: 0.32
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $369.37
  • Winter Tax: Year: 2017, Amount: $525.33
  • Total Tax: Amount: $894.70

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 22, 2019
Sold by
Turner Dylan and Roberts Bailey
Bought by
Witte Austin
Seller's Agent
Allan Meyette
iLink Real Estate Co.
Buyer's Agent
Allan Meyette
iLink Real Estate Co.
List Price
$137,000,000
Sold Price
$137,000
Premium/Discount to List
-$136,863,000
-99.9%
Current Estimated Value
$188,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,169
Avg. Annual Appreciation
5.36%
Original Mortgage
$107,000
Outstanding Balance
$94,455
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$96,815

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 27, 2017
Sold by
Mclaughlin Adam James
Bought by
Turner Dylan and Roberts Balley
Seller's Agent
Lori Ratz
Wiens And Roth Real Estate - Lambertville
Buyer's Agent
Dione Oerther
Key Realty One LLC - Roessler
Sold Price
$133,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$130,591
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 30, 2017
Closed on
Apr 28, 2017
Sold by
Fannie Mae
Bought by
Mclaughlin Adam James
Seller's Agent
Tammy Wood
Gerweck Real Estate in Monroe
Buyer's Agent
Nmls Nmls
Non-MLS Member
List Price
$69,195
Sold Price
$69,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.51%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Jones Cecil Jr
Bought by
Allen Melvin and Klammer Patricia A
Source: Public Records

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
Witte Austin $137,000 None Available
Turner Dylan $133,000 Hassett Title
Mclaughlin Adam James $69,195 None Available
Allen Melvin $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witte Austin $107,000
Previous Owner Turner Dylan $130,591
Closed Allen Melvin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $137,000 0.0% $110 / Sq Ft
03/14/2019 03/14/19 Price Changed $137,000 -99.9% $110 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $137,000,000 +102907.5% $109,776 / Sq Ft
11/27/2017 11/27/17 Sold $133,000 -4.9% $107 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/01/2017 09/01/17 Price Changed $139,900 +102.2% $112 / Sq Ft
04/28/2017 04/28/17 Sold $69,195 0.0% $55 / Sq Ft
04/06/2017 04/06/17 Off Market $69,195 -- --
03/30/2017 03/30/17 For Sale $69,195 -- $55 / 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 $2,260 $83,650 $0 $0
2024 $749 $83,650 $0 $0
2023 $713 $69,850 $0 $0
2022 $1,826 $69,850 $0 $0
2021 $1,767 $67,050 $0 $0
2020 $1,813 $56,800 $0 $0
2019 $595 $56,800 $0 $0
2018 $1,387 $45,750 $0 $0
2017 $891 $40,200 $0 $0
2016 $889 $40,200 $0 $0
2015 $856 $32,950 $0 $0
2014 $849 $32,950 $0 $0
2013 -- $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allan Meyette

    Seller's Agent in 2019

    Allan Meyette

    iLink Real Estate Co.

    (419) 367-2486

    81 Total Sales

    Section Image
  • Lori Ratz

    Seller's Agent in 2017

    Lori Ratz

    Wiens And Roth Real Estate - Lambertville

    (734) 652-4834

    4 in this area

    158 Total Sales

    Section Image
  • Tammy Wood

    Seller's Agent in 2017

    Tammy Wood

    Gerweck Real Estate in Monroe

    1 in this area

    106 Total Sales

    Section Image
  • Connie Hotchkiss

    Seller Co-Listing Agent in 2017

    Connie Hotchkiss

    Gerweck Real Estate in Monroe

    (419) 367-5112

    1 in this area

    142 Total Sales

    Section Image
  • Dione Oerther

    Buyer's Agent in 2017

    Dione Oerther

    Key Realty One LLC - Roessler

    (734) 735-6224

    5 in this area

    122 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Nmls Nmls

    Non-MLS Member

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31371906

Michigan Multiple Listing Service

APN: 12-160-086-00

Michigan Monroe County Monroe 48161

5551 Central Dr, Monroe, MI

This home is located at 5551 Central Dr, Monroe, MI 48161 since 27 February 2019 and is currently estimated at $195,346, approximately $156 per square foot. This property was built in 1940. 5551 Central Dr is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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