NOT LISTED FOR SALE

714 E 7th St Monroe, MI 48161

Central Monroe Neighborhood

Estimated Value: $107,000 - $150,000

4 Beds
1 Bath
1,392 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $52,200 $38 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $752/month

131 Days on Market

About This Home

As of August 2018

This desirable investment property on a dead-end street in the city of Monroe has 2 units with 2 bedrooms, 1 bath, eat-in kitchen and living area. Each unit has appliances: fridge, stove; unit #2 has washer/dryer that stays with the home and unit #1 dryer stays. Both units are currently rented--please view property/land by appointment only. Front unit has original hardwoods throughout with vinyl kitchen flooring; rear unit #716 has laminate flooring. Vinyl siding, ample crawl space and a new roof.

Last Agent to Sell the Property

Robin Heath

Key Realty One LLC - Summerfield License #MCAR-6506048066 Listed on: 03/11/2018

Last Buyer's Agent

Tom Wagner

Howard Hanna - Monroe License #MCAR-6501310943

Howard Hanna - Monroe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x100

Home Design

  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Wood Flooring

Community Details

  • 2 Units
  • Roeder . Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49-00930-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Year Built: 1955
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Estimated Sq Ft: 1392

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 49-00930-000
  • Lot Dimensions: 45x100
  • Acreage: 0.1
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Amount: $770.00
  • Winter Tax: Amount: $764.00
  • Total Tax: Amount: $1,534.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2018
Closed on
Aug 2, 2018
Sold by
Morgan and Megan
Bought by
Balcom Keith
Seller's Agent
Robin Heath
Key Realty One LLC - Summerfield
Buyer's Agent
Tom Wagner
Howard Hanna - Monroe
List Price
$59,900
Sold Price
$52,200
Premium/Discount to List
-$7,700
-12.85%
Current Estimated Value
$125,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,332
Avg. Annual Appreciation
12.89%

Purchase Details

Listed on
Mar 11, 2018
Closed on
Aug 1, 2018
Sold by
Morgan Eric and Morgan Megan
Bought by
Balcom Keith
Seller's Agent
Robin Heath
Key Realty One LLC - Summerfield
Buyer's Agent
Tom Wagner
Howard Hanna - Monroe
List Price
$59,900
Sold Price
$52,200
Premium/Discount to List
-$7,700
-12.85%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Evans Dale and The Dale Evans Revocable Trust
Bought by
Morgan Eric and Morgan Megan

Purchase Details

Closed on
Jun 2, 2015
Sold by
Morgan Cynthia D
Bought by
Morgan Eric

Purchase Details

Closed on
Apr 30, 2012
Sold by
Morgan Eric A and Morgan Sabrina M
Bought by
Evans Dale and Evans Revocable Trust
Source: Public Records

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Range of Values:

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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
Balcom Keith $52,200 Lawyers Title
Balcom Keith $52,500 Lawyers Title
Morgan Eric $26,800 None Available
Morgan Eric -- Attorney
Evans Dale -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $52,200 -12.9% $38 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $59,900 -- $43 / 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
2024 $1,036 $36,890 $0 $0
2023 $991 $31,950 $0 $0
2022 $1,866 $31,950 $0 $0
2021 $1,814 $29,210 $0 $0
2020 $1,709 $28,170 $0 $0
2019 $1,637 $28,170 $0 $0
2018 $1,566 $27,620 $0 $0
2017 $1,534 $27,620 $0 $0
2016 $1,505 $26,260 $0 $0
2015 $1,213 $21,500 $0 $0
2014 $1,213 $21,500 $0 $0
2013 -- $21,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Heath

    Seller's Agent in 2018

    Robin Heath

    Key Realty One LLC - Summerfield

    (734) 819-1724

    2 in this area

    27 Total Sales

    Robin Heath
    Section Image
  • Tom Wagner

    Buyer's Agent in 2018

    Tom Wagner

    Howard Hanna - Monroe

    (734) 243-9232

    4 in this area

    206 Total Sales

    Tom Wagner
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 21422116

Michigan Multiple Listing Service

APN: 55-49-00930-000

Michigan Monroe County Monroe 48161 Central Monroe

714 E 7th St, Monroe, MI

This home is located at 714 E 7th St, Monroe, MI 48161 since 11 March 2018 and is currently estimated at $125,532, approximately $90 per square foot. This property was built in 1955. 714 E 7th St 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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