NOT LISTED FOR SALE

5551 Forest Dr Monroe, MI 48161

Estimated Value: $143,000 - $171,000

2 Beds
1 Bath
1,048 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $129,900 $124 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,011/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Tankless Water Heater
  • Sun or Florida Room
  • Patio
  • Shed

About This Home

As of March 2022

Nice floor plan, newer roof, siding, concrete driveway, patio, furnace and a/c, plus tankless water heater. Low maintenance home. In the back is a 3 season room for relaxing or entertaining. The large shed in the back yard has a concrete floor. The rear yard is completely fenced. All that's needed are a few cosmetic repairs and your own personal touches to make this your home. All floors professionally cleaned.

Last Agent to Sell the Property

Ted Vavrick

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501367709 Listed on: 01/31/2022

Coldwell Banker Haynes R.E. in Monroe

Co-Listed By

Caryn Vavrick

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501302992

Last Buyer's Agent

Alan Haynes

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6502134087

Coldwell Banker Haynes R.E. in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 143
  • Fenced Yard

Parking

  • 2 Car Parking Spaces

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • Leedys Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-160-048-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1950

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 Story
  • Total Tax Amount: 1226.7
  • Year Built: 1950
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 11 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 7, On Level: Entry
  • Room Types: Sun/Florida Room
  • Family Room: On Entry Level, Dimensions: 20 x 10
  • Kitchen: On Entry Level, Dimensions: 13 x 12
  • Laundry: On Entry Level, Dimensions: 10 x 9
  • Living Room: On Entry Level, Dimensions: 14 x 13
  • Sun Room: On Entry Level, Dimensions: 20 x 10
  • Above Grade Finished Sq Ft: 1048
  • Total Finished Sq Ft: 1048

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Crawl
  • Frontage: 50
  • Road: Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

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

Lot Info

  • Assessor Parcel Number: 12-160-048-00
  • Lot Dimensions: 50 x 143
  • Acreage: 0.16
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2021, Amount: $452.77
  • Winter Tax: Year: 2021, Amount: $773.93
  • Total Tax: Amount: $1,226.70

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 3, 2022
Sold by
Lasser Gabriel V
Bought by
Fricke Zachary
Seller's Agent
Ted Vavrick
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
List Price
$124,900
Sold Price
$129,900
Premium/Discount to List
$5,000
4%
Current Estimated Value
$159,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,128
Avg. Annual Appreciation
6.81%
Original Mortgage
$127,546
Outstanding Balance
$119,076
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$44,742

Purchase Details

Listed on
Sep 18, 2015
Closed on
Mar 31, 2016
Sold by
Smith Cynthia L
Bought by
Lasser Kristin M and Lasser Gabriel V
Seller's Agent
Spurgeon Johnson
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Spurgeon Johnson
Coldwell Banker Haynes R.E. in Monroe
List Price
$99,000
Sold Price
$89,000
Premium/Discount to List
-$10,000
-10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$87,387
Interest Rate
3.62%
Mortgage Type
FHA
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
Fricke Zachary $129,900 Lawyers Title
Lasser Kristin M $89,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fricke Zachary $127,546
Previous Owner Lasser Kristin M $87,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $129,900 +4.0% $124 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $124,900 +40.3% $119 / Sq Ft
03/31/2016 03/31/16 Sold $89,000 -1.0% $85 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/14/2016 01/14/16 Price Changed $89,900 -3.3% $86 / Sq Ft
11/10/2015 11/10/15 Price Changed $93,000 -6.1% $89 / Sq Ft
10/14/2015 10/14/15 For Sale $99,000 0.0% $94 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $99,000 -- $94 / 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 $1,809 $68,150 $5,450 $62,700
2024 $669 $63,450 $0 $0
2023 $637 $55,900 $0 $0
2022 $1,267 $55,900 $0 $0
2021 $1,227 $50,400 $0 $0
2020 $1,211 $43,700 $0 $0
2019 $438 $43,700 $0 $0
2018 $1,030 $38,550 $0 $0
2017 $900 $33,600 $0 $0
2016 $751 $33,600 $0 $0
2015 $723 $27,600 $0 $0
2014 $718 $27,600 $0 $0
2013 -- $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Vavrick

    Seller's Agent in 2022

    Ted Vavrick

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-7001

    1 in this area

    23 Total Sales

    Ted Vavrick
    Section Image
  • Caryn Vavrick

    Seller Co-Listing Agent in 2022

    Caryn Vavrick

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-5880

    1 in this area

    27 Total Sales

    Caryn Vavrick
    Section Image
  • Alan Haynes

    Buyer's Agent in 2022

    Alan Haynes

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-9393

    16 in this area

    125 Total Sales

    Alan Haynes
    Section Image
  • Spurgeon Johnson

    Seller's Agent in 2016

    Spurgeon Johnson

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-2932

    2 in this area

    87 Total Sales

    Spurgeon Johnson
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50065154

Michigan Multiple Listing Service

APN: 12-160-048-00

Michigan Monroe County Monroe 48161

5551 Forest Dr, Monroe, MI

This home is located at 5551 Forest Dr, Monroe, MI 48161 since 31 January 2022 and is currently estimated at $159,028, approximately $151 per square foot. This property was built in 1950. 5551 Forest 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.

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