NOT LISTED FOR SALE

705 N Monroe St Albion, MI 49224

Estimated Value: $83,000 - $106,492

3 Beds
1 Bath
1,200 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $55,000 $46 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $577/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2019

Open House Sunday 12:00-2:00 PM!

Welcome to your move-in ready home with maintenance-free living! This charming home boasts tons of upgrades within the last ten years but with gorgeous original hardwood floors that have stood the test of time.

The location is perfect to walk or bike to historic downtown, Albion College, or dog park, but benefits from being tucked in a quiet neighborhood away from the main streets of town.

The three bedrooms and bath are all conveniently up stairs with living, dining and kitchen on the main floor for fun family time. The basement is bone dry and a completely usable flex space for an office, play area, non-conforming bedroom, or whatever your heart desires. Some more specific features include new gutters, new plumbing, EverDry basement system (with lifetime warranty) and new water heater. Further improvements in the last 10 years include electrical, windows and a high efficiency furnace.

Last Agent to Sell the Property

Joseph Verbeke

NextHome ACE Real Estate Services License #6502431448 Listed on: 07/25/2019

Last Buyer's Agent

Joseph Verbeke

NextHome ACE Real Estate Services License #6502431448 Listed on: 07/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1915

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 66 x 75

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 75
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1200.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 588.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1200.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Other
  • LivingArea: 1200.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 600.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 61900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 66 x 75
  • Lot Size Sq Ft: 4966.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 588.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 4, 2019
Sold by
Miller Anthony and Miller Danielle
Bought by
Clair Paul James
Seller's Agent
Joseph Verbeke
NextHome ACE Real Estate Services
Buyer's Agent
Joseph Verbeke
NextHome ACE Real Estate Services
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$97,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,123
Avg. Annual Appreciation
9.82%
Original Mortgage
$65,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2015
Sold by
Trammell Gerald D and Trammell Rebecca
Bought by
Miller Anthony and Miller Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Trammell Gerald D and Trammell Rebecca

Purchase Details

Closed on
Aug 19, 2010
Sold by
Green Steven D and Green Carol R
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 7, 2004
Sold by
Martin Julie S
Bought by
Green Steven D and Green Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Clair Paul James $55,000 None Available
Miller Anthony $32,000 Chicago Title
Trammell Gerald D $11,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corp $51,191 None Available
Green Steven D $36,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clair Paul James $65,000
Previous Owner Miller Anthony $35,400
Previous Owner Green Steven D $8,500
Previous Owner Green Steven D $36,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $55,000 -15.3% $46 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $64,900 -- $54 / Sq Ft
Source: MichRIC

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 $786 $37,000 $0 $0
2024 $524 $34,300 $0 $0
2023 $660 $27,300 $0 $0
2022 $475 $23,900 $0 $0
2021 $641 $18,200 $0 $0
2020 $642 $13,700 $0 $0
2019 $570 $14,200 $0 $0
2018 $570 $13,000 $5,000 $8,000
2017 $0 $12,500 $0 $0
2016 $0 $11,600 $0 $0
2015 -- $16,400 $0 $0
2014 -- $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19035032

MichRIC

APN: 51-000-033-00