NOT LISTED FOR SALE

5997 Edgewood Blvd Monroe, MI 48161

Estimated Value: $380,628 - $747,000

Studio
-- Bath
5,404 Sq Ft
$101/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2018

Last sale price $389,900 $72 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,051 / mo

50 Days on Market

About This Home

As of January 2018

Extremely nice 6 unit apartment complex located in South Monroe Townsite, Monroe Township. Owner has maintained these units meticulously and it shows. East side building has 3 one bedroom units; West side has 2 two bedroom units,(these have 1-bed.down &1-bed.up) and also a 3 bedroom unit,these 3 have attic storage.Storage rm in each building; one has coin operated washer & dryer.Roofs, 2015 both buildings.Vinyl siding 2015,Gutters 2016.Windows in last 10yrs.Water heaters in last 5 yrs.Green space in middle courtyard. Property also includes garage and driveway. Bring your investors; this won't last long! DO NOT APPROACH TENANTS OR GO ONTO PROPERTY WITHOUT APPOINTMENT. ALL BUYERS MUST HAVE WRITTEN PRE APPROVAL BEFORE MAKING APPOINTMENT FOR SHOWINGS.

Last Agent to Sell the Property

Brenda Montri

Howard Hanna - Monroe License #MCAR-6501243326 Listed on: 12/01/2017

Howard Hanna - Monroe

Last Buyer's Agent

Jason McGuire

Agent History License #GRAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 139x124
  • Private Entrance

Kitchen

  • Oven or Range

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 58 12 215 027 00

Community Details

Overview

  • 6 Units
  • South Monroe Townsit Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1965

Lot Details

0.4 Acres

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Total Tax Amount: 4973
  • Year Built: 1965
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator

Exterior Features

  • Construction: Aluminum
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility, Private Entry

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 58 12 215 027 00
  • Lot Dimensions: 139x124
  • Acreage: 0.4
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Amount: $1,235.00
  • Winter Tax: Amount: $3,738.00
  • Total Tax: Amount: $4,973.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 24, 2018
Sold by
Townsite Property Management Llc
Bought by
Jkv Properties Llc
Seller's Agent
Brenda Montri
Howard Hanna - Monroe
Buyer's Agent
Brenda Montri
Howard Hanna - Monroe
List Price
$409,000
Sold Price
$389,900
Premium/Discount to List
-$19,100
-4.67%
Current Estimated Value
$532,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,414
Avg. Annual Appreciation
4.11%
Original Mortgage
$240,000
Outstanding Balance
$203,258
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$342,618
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Jkv Properties Llc $390,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Jkv Properties Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2018 01/24/18 Sold $389,900 -4.7% $72 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $409,000 -- $76 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,974 $240,550 $12,350 $228,200
2024 $1,914 $244,150 $0 $0
2023 $1,823 $190,750 $0 $0
2022 $7,549 $190,750 $0 $0
2021 $7,284 $175,400 $0 $0
2020 $7,174 $149,200 $0 $0
2019 $1,627 $149,200 $0 $0
2018 $5,069 $141,250 $0 $0
2017 $4,962 $295,808 $0 $0
2016 $4,921 $121,300 $0 $0
2015 $4,814 $110,200 $0 $0
2014 $4,755 $110,200 $0 $0
2013 -- $109,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21396625

Michigan Multiple Listing Service

APN: 12-215-027-00

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