NOT LISTED FOR SALE

622 Palmwood Ave Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $178,000 - $203,000

3 Beds
2 Baths
1,493 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 622 Palmwood Ave, Monroe, MI 48161 and is currently estimated at $187,105, approximately $125 per square foot. 622 Palmwood Ave is a home located in Monroe County with nearby schools including Monroe High School, Trinity Lutheran School, and St Mary's Catholic Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2014
Sold by
Vorva Phillip and Vorva Keely A
Bought by
Caudill Barry
Current Estimated Value
$187,105

Purchase Details

Closed on
Jun 25, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vorva Phillip and Vorva Keely A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,219
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2009
Sold by
Lambert Joe
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 27, 1995
Sold by
Abel Fred
Bought by
Cicero Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
8.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Caudill Barry $121,000 First American Title Ins Co
Vorva Phillip $58,900 --
Federal Home Loan Mortgage Corp $36,000 --
Cicero Steven T $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vorva Phillip $57,219
Previous Owner Cicero Steven T $70,200
Source: Public Records

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 $2,362 $79,500 $79,500 $0
2024 $1,695 $76,260 $0 $0
2023 $1,621 $65,950 $0 $0
2022 $2,160 $65,950 $0 $0
2021 $2,094 $56,080 $0 $0
2020 $1,943 $52,590 $0 $0
2019 $1,842 $52,590 $0 $0
2018 $1,789 $48,180 $0 $0
2017 $1,752 $48,180 $0 $0
2016 $1,710 $46,370 $0 $0
2015 $1,485 $39,480 $0 $0
2014 $1,485 $39,480 $0 $0
2013 -- $38,210 $0 $0
Source: Public Records

Map

Michigan Monroe County Monroe 48161 Southwest Monroe

622 Palmwood Ave, Monroe, MI

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