719 W 7th St Monroe, MI 48161
Southwest Monroe NeighborhoodEstimated Value: $90,000 - $162,000
3
Beds
1
Bath
1,425
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Porch
- Wood Siding
- 2 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Father Cairns Park
About This Home
As of August 2023Bring a Vision & Your Tool Belt if you think you have what it takes to complete this Investment Opportunity. Home has an Enclosed Front Porch, Good Sized Rooms and an Extra Deep Lot w/Alley Access. Home had a small amount of fire damage that has been remediated. Electric has been Updated and New Pex Plumbing has been installed. Current plan included adding a 2nd Bathroom and Laundry Room on the First Floor. Home has lots Potential & Character Throughout. Permits have been pulled and project is waiting to be completed.
Home Details
Home Type
- Single Family
Year Built
- Built in 1918
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 41x192
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 1,425 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Schools
- Monroe High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Bacon Plat Subdivision
Listing and Financial Details
- Assessor Parcel Number 58551900095000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
Aug 7, 2023
Sold by
Raisanen Vincent
Bought by
Morgan Eric A and Morgan Megan A
Seller's Agent
Tom Wagner
Howard Hanna - Monroe
Buyer's Agent
Robin Heath
Key Realty One LLC - Summerfield
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%
Total Days on Market
101
Views
518
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,395
Avg. Annual Appreciation
54.90%
Purchase Details
Closed on
Jul 15, 2021
Sold by
Bnb Properties Llc
Bought by
Raisanen Vincent
Purchase Details
Listed on
Nov 29, 2011
Closed on
Jan 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bnb Properties Llc
Seller's Agent
Art Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Brian Burns
Key Realty One LLC - Roessler
List Price
$24,900
Sold Price
$15,000
Premium/Discount to List
-$9,900
-39.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Purchase Details
Closed on
Sep 15, 2011
Sold by
Weisbecker Rodney R
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Apr 13, 2000
Sold by
Est Cinda Gose
Bought by
Weisbecker Rodney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
8.29%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morgan Eric A | $58,000 | Lawyers Title | |
| Raisanen Vincent | $26,000 | None Available | |
| Bnb Properties Llc | $15,000 | -- | |
| Federal Home Loan Mortgage Corp | $96,485 | -- | |
| Weisbecker Rodney | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Weisbecker Rodney | $79,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $58,000 | -10.8% | $41 / Sq Ft |
| 05/17/2023 05/17/23 | Price Changed | $65,000 | -7.0% | $46 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $69,900 | +366.0% | $49 / Sq Ft |
| 01/19/2012 01/19/12 | Sold | $15,000 | -39.8% | $11 / Sq Ft |
| 01/06/2012 01/06/12 | Pending | -- | -- | -- |
| 11/29/2011 11/29/11 | For Sale | $24,900 | -- | $17 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $1,835 | $58,670 | $0 | $0 |
| 2023 | $1,572 | $47,690 | $0 | $0 |
| 2022 | $2,961 | $47,690 | $0 | $0 |
| 2021 | $1,724 | $43,530 | $0 | $0 |
| 2020 | $1,633 | $39,510 | $0 | $0 |
| 2019 | $1,565 | $39,510 | $0 | $0 |
| 2018 | $1,523 | $34,590 | $0 | $0 |
| 2017 | $1,491 | $34,590 | $0 | $0 |
| 2016 | $1,463 | $35,470 | $0 | $0 |
| 2015 | $1,414 | $25,060 | $0 | $0 |
| 2014 | $1,414 | $25,060 | $0 | $0 |
| 2013 | -- | $26,020 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Wagner
Seller's Agent in 2023
Tom Wagner
Howard Hanna - Monroe
(734) 243-9232
7 in this area
206 Total Sales
-
Robin Heath
Buyer's Agent in 2023
Robin Heath
Key Realty One LLC - Summerfield
(734) 819-1724
2 in this area
27 Total Sales
-
A
Seller's Agent in 2012
Art Grego
Century 21 Allstar Real Estate Team, Inc
-
Brian Burns
Buyer's Agent in 2012
Brian Burns
Key Realty One LLC - Roessler
(734) 625-2112
3 in this area
20 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50106787
APN: 55-19-00095-000
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