NOT LISTED FOR SALE

702 Smith St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $165,000 - $227,000

4 Beds
2 Baths
1,668 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2023

Last sale price $220,000 $132 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,314 / mo

8 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Living Room
  • 4-minute walk to Memorial Park

About This Home

As of August 2023

SIDE BY SIDE DUPLEX PRESENTLY VACANT READY FOR NEW PURCHASER. THIS WILL BE A GREAT PROPERTY FOR A NEW OWNER TO OCCUPY ONE SIDE AND RENT OUT THE OTHER SIDE OR USE AS AN INVESTMENT PROPERTY RENTING OUT BOTH SIDES. ESTIMATED RENT INCOME TO BE APPROXIMATELY $1100 FOR EACH UNIT TOTAL APPROXIMATELY $2200 A MONTH. TENANTS PAY ALL UTILITIES. ROOF REPLACED IN 2015. GREAT INVESTMENT PROPERTY.

Last Agent to Sell the Property

Alan Haynes

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6502134087 Listed on: 07/14/2023

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1990

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 130x92
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 552900404051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,772

Year Built

Built in 1990

Lot Details

0.28 Acres

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Attached, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 2771.56
  • Total Tax Year: 2022
  • Year Built: 1990
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: First Floor Bedroom, First Floor Laundry, First Floor Mstr Bedroom, Living Room

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Fenced Yard
  • Frontage: 130
  • Foundation Type: Crawl
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage

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

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Street Lights

Lot Info

  • Assessor Parcel Number: 552900404051
  • Lot Dimensions: 130X92
  • Acreage: 0.28
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,415.02
  • Winter Tax: Year: 2022, Amount: $1,356.54
  • Total Tax: Year: 2022, Amount: $2,771.56

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 17, 2023
Sold by
Bought by
Seller's Agent
Alan Haynes
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%
Views
61
Current Estimated Value
$202,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,044
Avg. Annual Appreciation
-2.85%
Original Mortgage
$216,015
Outstanding Balance
$211,065
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$8,109

Purchase Details

Closed on
Sep 18, 2014
Sold by
Bought by
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
$220,000 Lawyers Title
-- None Available
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 $216,015
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $220,000 +10.1% $132 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $199,900 -- $120 / Sq Ft
Source: Michigan Multiple Listing Service

Tax 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.

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 $2,628 $83,100 $83,100 $0
2024 $2,543 $79,830 $0 $0
2023 $1,472 $60,070 $0 $0
2022 $2,772 $60,070 $0 $0
2021 $2,679 $54,340 $0 $0
2020 $2,539 $56,870 $0 $0
2019 $2,432 $56,870 $0 $0
2018 $2,367 $54,970 $0 $0
2017 $2,318 $54,970 $0 $0
2016 $2,273 $51,800 $0 $0
2015 $2,197 $39,150 $0 $0
2014 $2,197 $39,150 $0 $0
2013 -- $38,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Haynes

    Seller's Agent in 2023

    Alan Haynes

    Coldwell Banker Haynes R.E. in Monroe

    (734) 735-9393

    7 in this area

    119 Total Sales

    Alan Haynes
    Section Image
  • Joe Hammel

    Buyer's Agent in 2023

    Joe Hammel

    Keller Williams Somerset

    (248) 422-1685

    2 in this area

    1,188 Total Sales

    Joe Hammel
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50115571

Michigan Multiple Listing Service

APN: 55-29-00404-051

Michigan Monroe County Monroe 48161 Southwest Monroe

702 Smith St, Monroe, MI

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