NOT LISTED FOR SALE

7 E Noble Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $212,000 - $242,000

4 Beds
3 Baths
1,886 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $162,000 $86 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,456/month

4 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Here's Your Chance To Purchase a Well Maintained TRI PLEX in Monroe Located Within Walking Distance of Downtown. Fully Occupied! Great Cash Flow! All Units Have Newer Constructed Entrances. All Units have New AC units! 24 Hour Notice Is Required. 1st Available Showing Is Saturday, December 9th! Schedule Today!

Last Agent to Sell the Property

Lee Garling

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501316533 Listed on: 12/07/2023

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Lee Garling

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501316533 Listed on: 12/07/2023

Coldwell Banker Haynes R.E. in Monroe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58 x 111
  • Corner Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 58 55 69 01318 000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 4933
  • Total Tax Year: 2023
  • Year Built: 1920
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Aluminum
  • Frontage: 58
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 58 55 69 01318 000
  • Location: Corner Lot
  • Lot Dimensions: 58 x 111
  • Acreage: 0.15
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Less Than 1 Year, Month-To-Month

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,506.00
  • Winter Tax: Year: 2023, Amount: $2,427.00
  • Total Tax: Year: 2023, Amount: $4,933.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 8, 2024
Sold by
Zinner Emily
Bought by
Asper William Michael
Seller's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Sold Price
$162,000
Views
24
Current Estimated Value
$230,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,540
Avg. Annual Appreciation
21.01%
Original Mortgage
$121,500
Outstanding Balance
$119,113
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$111,427

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 7, 2024
Sold by
Zinner Emily
Bought by
Asper William Michael
Seller's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
Sold Price
$162,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Outstanding Balance
$119,113
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$111,427

Purchase Details

Listed on
Aug 24, 2020
Closed on
Feb 26, 2021
Sold by
Pashaian Shelby
Bought by
Zinner Emily
Seller's Agent
James Grant
eXp Realty LLC in Monroe
Buyer's Agent
Lee Garling
Coldwell Banker Haynes R.E. in Monroe
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$86,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2018
Closed on
Jul 26, 2018
Sold by
Gossard Gregory D and Gossard Michelle M
Bought by
Pashaian Shelby
Seller's Agent
Caryn Lorentz
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$99,900
Sold Price
$86,500
Premium/Discount to List
-$13,400
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%
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
Asper William Michael $162,000 Lawyers Title Agency Of Monroe
Asper William Michael $162,000 Lawyers Title Agency Of Monroe
Zinner Emily $115,000 Lawyers Title Agcy Of Monroe
Pashaian Shelby $86,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asper William Michael $121,500
Closed Asper William Michael $121,500
Previous Owner Zinner Emily $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $162,000 +40.9% $86 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
02/26/2021 02/26/21 Sold $115,000 -8.0% $61 / Sq Ft View Prior Sale
10/22/2020 10/22/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $125,000 -3.8% $66 / Sq Ft
08/24/2020 08/24/20 For Sale $129,900 +50.2% $69 / Sq Ft
07/20/2018 07/20/18 Sold $86,500 -13.4% $46 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $99,900 -- $53 / 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 $2,974 $93,600 $93,600 $0
2024 $2,625 $90,580 $0 $0
2023 $2,506 $76,020 $0 $0
2022 $4,720 $76,020 $0 $0
2021 $3,870 $67,140 $0 $0
2020 $3,667 $60,440 $0 $0
2019 $3,513 $60,440 $0 $0
2018 $2,564 $50,480 $0 $0
2017 $2,511 $50,480 $0 $0
2016 $2,462 $51,390 $0 $0
2015 $2,360 $49,480 $0 $0
2014 $2,360 $49,480 $0 $0
2013 -- $43,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lee Garling

    Coldwell Banker Haynes R.E. in Monroe

    Section Image
  • James Grant

    Seller's Agent in 2021

    James Grant

    eXp Realty LLC in Monroe

    (734) 790-6794

    2 in this area

    20 Total Sales

    James Grant
    Section Image
  • Caryn Lorentz

    Seller's Agent in 2018

    Caryn Lorentz

    Coldwell Banker Haynes R.E. in Monroe

    (734) 696-9831

    1 in this area

    15 Total Sales

    Caryn Lorentz
    Section Image
  • Michelle Drown

    Seller Co-Listing Agent in 2018

    Michelle Drown

    Coldwell Banker Haynes R.E. in Monroe

    (734) 777-9866

    1 in this area

    18 Total Sales

    Michelle Drown
    Section Image
  • Steve Hudkins

    Buyer's Agent in 2018

    Steve Hudkins

    Berkshire Hathaway Home Service Kee Realty

    (734) 735-4780

    17 in this area

    207 Total Sales

    Steve Hudkins
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50129364

Michigan Multiple Listing Service

APN: 55-69-01318-000

Michigan Monroe County Monroe 48162 Northeast Monroe

7 E Noble Ave, Monroe, MI

Not Listed for Sale

MultiFamily

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