NOT LISTED FOR SALE

703 W 3rd St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $154,000 - $188,104

4 Beds
4 Baths
1,900 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2025

Last sale price $155,000 $82 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,048 / mo

35 Days on Market

Highlights

  • 0.34 Acre Lot
  • Colonial Architecture
  • Asbestos

About This Home

As of September 2025

Investment Opportunity: Maintained Quadplex in Monroe Great investment opportunity with this well-maintained quadplex located in the heart of Monroe. Each of the four units features 1 bedroom and 1 bathroom, offering consistent rental potential. The property includes: One shared entrance and two separate private entrances. Spacious yard ideal for tenants. Prime location close to shopping, downtown, and expressways. This property offers the perfect blend of comfort, convenience, and income potential. Showing Instructions:
An agent must be present for all showings. 48-hour notice required. BATVAI

Last Agent to Sell the Property

Dawn Jerore-Zachariah

Irongate Realty Group License #6501462035 Listed on: 08/08/2025

Last Buyer's Agent

Megan Wertenberger

Key Realty One LLC - South Monroe License #6501428427

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910 | Remodeled in 2015

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 100x150

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 1,900 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 58551900138000

Community Details

Overview

  • 4 Units
  • Bacon & Sweeneys Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1910 | Remodeled in 2015

Lot Details

0.34 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 71600.0000
  • Year Renovated: 2015
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 525000.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Total Sq Ft: 1900

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Asbestos
  • Foundation Materials: Stone
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.34
  • Lot Dimensions: 100X150
  • Parcel Number: 58551900138000
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection, Water
  • Monthly Rental Income: 2480

Tax Info

  • Tax Amount Summer: 2003.0000
  • Tax Amount Winter: 1952.0000
  • Total Tax: 3955.0000
  • Taxable Value: 66050.0000

Multi Family

  • Gross Scheduled Income: 29760.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2025
Closed on
Sep 22, 2025
Sold by
Cunningham Jonathan Brett
Bought by
Mhtw Llc
Seller's Agent
Dawn Jerore-Zachariah
Irongate Realty Group
Buyer's Agent
Megan Wertenberger
Key Realty One LLC - South Monroe
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
37
Current Estimated Value
$163,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,526
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Jun 4, 2025
Sold by
Jbcde Llc
Bought by
Cunningham Jonathan Brett

Purchase Details

Closed on
May 20, 2022
Sold by
Cunningham Jonathan B
Bought by
Jbcde Llc

Purchase Details

Closed on
Feb 1, 2022
Sold by
703 W Third St Llc
Bought by
Cunningham Jonathan Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
Sold by
Novak Jay T and Novak Kathryn M
Bought by
703 W Third St Llc
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
Mhtw Llc $155,000 None Listed On Document
Cunningham Jonathan Brett -- None Listed On Document
Jbcde Llc -- None Listed On Document
Cunningham Jonathan Brett $153,000 None Listed On Document
703 W Third St Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Jonathan Brett $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $155,000 -13.2% $82 / Sq Ft
09/12/2025 09/12/25 Pending -- -- --
09/03/2025 09/03/25 Price Changed $178,500 -3.5% $94 / Sq Ft
08/08/2025 08/08/25 For Sale $185,000 -- $97 / Sq Ft
Source: Realcomp

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 $2,099 $71,600 $71,600 $0
2024 $2,003 $67,500 $0 $0
2023 $1,916 $51,170 $0 $0
2022 $1,581 $51,170 $0 $0
2021 $1,529 $48,270 $0 $0
2020 $1,448 $42,490 $0 $0
2019 $1,387 $42,490 $0 $0
2018 $1,351 $39,100 $0 $0
2017 $1,323 $39,100 $0 $0
2016 $1,298 $31,960 $0 $0
2015 $1,255 $22,240 $0 $0
2014 $1,255 $22,240 $0 $0
2013 -- $24,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dawn Jerore-Zachariah

    Irongate Realty Group

  • Megan Wertenberger

    Buyer's Agent in 2025

    Megan Wertenberger

    Key Realty One LLC - South Monroe

    (734) 430-7328

    3 in this area

    56 Total Sales

    Megan Wertenberger
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Map

Source: Realcomp

MLS Number: 20251025040

Realcomp

APN: 55-19-00138-000

Michigan Monroe County Monroe 48161 Southwest Monroe

703 W 3rd St, Monroe, MI

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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