NOT LISTED FOR SALE

706 E Elm Ave Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $242,000 - $257,488

4 Beds
2 Baths
2,227 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $159,900 $72 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,656/month

24 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Balcony
  • Colonial Architecture
  • Covered Patio or Porch
  • 2-minute walk to Cappuccilli Park

About This Home

As of February 2018

Subject to release of the purchase agreement. A historic beauty with charm and elegance ordaining natural original woodwork throughout the home on River Raisin. Refinished oak and pine floors through most of the home in 2014. Updated kitchen overlooking the river w/island, granite, custom built drainboard vintage sink and custom cabinet doors 2014. Butlers pantry. Central AC units in 2014. Large walk-in closets in all bedrooms with two of the bedrooms having two walk-in closets with built-in drawers. Updated two full bathrooms in 2014, one on each floor. There is a 3rd bathroom in one of the bedrooms that do not work. Hot water heater in 2016. New main sewer cleanout by the river in 2014. The detached garage has a tandem parking for two cars. Unfinished basement. All light fixtures and chandeliers will remain with the sale. You can enjoy your summer evenings sitting out on the balcony and look at the beautiful River Raisin. No flood insurance required.

Last Agent to Sell the Property

Lakshmi Subbiah

Real Estate One-Southgate License #6501248835 Listed on: 01/08/2018

Real Estate One-Southgate

Last Buyer's Agent

Edwin Jordan

Monopoly Team Enterprises LLC License #RCO-6502413049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x150.00
  • 50 Feet of Waterfront
  • River Front
  • Property fronts an easement
  • Fenced
  • Historic Home

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Carbon Monoxide Detectors
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Tandem Garage

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 58555901864000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1919
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2227
  • Total Sq Ft: 2227
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: RIVER RAISIN
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony, Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Water Frontage Feet: 50.00
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity, Tandem
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Monroe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 999411.7647
  • Lot Features: Easement
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X150.00
  • Parcel Number: 58555901864000

Tax Info

  • Tax Amount Summer: 1391.0000
  • Tax Amount Winter: 513.0000
  • Total Tax: 1904.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Martinez Jesus and Martinez Brigid
Bought by
Martinez Antonio
Current Estimated Value
$250,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,400
Outstanding Balance
$152,620
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$92,277

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 28, 2018
Sold by
Winterhalter Michele L
Bought by
Martinez Jesus and Rees Brigid
Seller's Agent
Lakshmi Subbiah
Real Estate One-Southgate
Buyer's Agent
Edwin Jordan
Monopoly Team Enterprises LLC
List Price
$169,900
Sold Price
$159,900
Premium/Discount to List
-$10,000
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$151,905
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2012
Sold by
Smith Cathy and Smith Cathy L
Bought by
Pnc Bank Na
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
Martinez Antonio $233,000 Amrock
Martinez Jesus $160,000 Title Connect Llc
Pnc Bank Na $98,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Antonio $157,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $159,900 -5.9% $72 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $169,900 0.0% $76 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $169,900 +117.8% $76 / Sq Ft
10/25/2013 10/25/13 Sold $78,000 -4.8% $35 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $81,900 -- $37 / Sq Ft
Source: Realcomp

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 $3,921 $113,000 $113,000 $0
2024 $2,815 $111,260 $0 $0
2023 $2,692 $92,570 $0 $0
2022 $3,585 $92,570 $0 $0
2021 $3,463 $90,710 $0 $0
2020 $3,143 $74,560 $0 $0
2019 $2,979 $74,560 $0 $0
2018 $1,992 $67,610 $0 $0
2017 $1,951 $67,610 $0 $0
2016 $1,904 $62,720 $0 $0
2015 $1,827 $47,770 $0 $0
2014 $1,827 $47,770 $0 $0
2013 -- $51,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lakshmi Subbiah

    Seller's Agent in 2018

    Lakshmi Subbiah

    Real Estate One

    (734) 341-7320

    89 Total Sales

    Lakshmi Subbiah
    Section Image
  • Edwin Jordan

    Buyer's Agent in 2018

    Edwin Jordan

    Monopoly Team Enterprises LLC

    (248) 990-8150

    7 Total Sales

    Edwin Jordan
    Section Image
  • Mike Sprott

    Seller's Agent in 2013

    Mike Sprott

    Real Estate Solutions/MI, LLC - Temperance

    (734) 755-1717

    1 in this area

    235 Total Sales

    Mike Sprott
    Section Image

  • N

    Buyer's Agent in 2013

    Nmls Nmls

    Non-MLS Member

See All Agents

Map

Source: Realcomp

MLS Number: 218001443

Realcomp

APN: 55-59-01864-000

Michigan Monroe County Monroe 48162 Northeast Monroe

706 E Elm Ave, Monroe, MI

This home is located at 706 E Elm Ave, Monroe, MI 48162 since 08 January 2018 and is currently estimated at $250,622, approximately $112 per square foot. This property was built in 1919. 706 E Elm Ave is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

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.

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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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