NOT LISTED FOR SALE

Estimated Value: $112,000 - $157,000

3 Beds
2 Baths
1,364 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $95,000 $70 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $912/month

20 Days on Market

About This Home

As of September 2020

Great opportunity to own this well maintained, bi-level duplex near downtown Monroe. Minutes from telegraph road and 75. The two- bedroom lower unit has a spacious kitchen and separate living area. It has been freshly painted and fixed.. The one- bedroom upper unit is vacant. It has a good size living room (It could be used as the second bedroom) and a nice kitchen. Plenty natural light. Two units have separate entrances and utilities.

Last Listed By

James Grant

eXp Realty LLC in Monroe License #MCAR-6501424483 Listed on: 08/24/2020

eXp Realty LLC in Monroe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x142

Home Design

  • Bi-Level Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Separate Meters
  • Basement

Community Details

  • 2 Units
  • Bacon Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55-19-00060-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: Bi-Level
  • Year Built: 1916
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1364

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 55-19-00060-000
  • Lot Dimensions: 50x142
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,212.00
  • Winter Tax: Year: 2019, Amount: $1,201.00
  • Total Tax: Amount: $2,413.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 22, 2020
Sold by
Shelby Pashaian
Bought by
Ellison Jacob M
Seller's Agent
James Grant
eXp Realty LLC in Monroe
Buyer's Agent
Katja Classic
RE/MAX Classic
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Total Days on Market
20
Current Estimated Value
$138,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,635
Avg. Annual Appreciation
7.87%

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 31, 2018
Sold by
Degraer Joint Trust
Bought by
Pashaian Shelby
Seller's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$75,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Degraer Robert H and Degraer Mildred H
Bought by
Degraer Joint Trust

Purchase Details

Closed on
Mar 31, 1995
Sold by
Wain Investments
Bought by
Degraer Robert H and Degraer Mildred H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,625
Interest Rate
8.79%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Ellison Jacob M $95,000 Lawyers Title
Pashaian Shelby $75,000 Hassett Title
Degraer Joint Trust -- --
Degraer Robert H $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison Jacob M $66,500
Previous Owner Pashaian Shelby $75,000
Previous Owner Degraer Robert H $40,000
Previous Owner Degraer Robert H $59,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $95,000 -4.9% $70 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $99,900 +33.2% $73 / Sq Ft
10/31/2018 10/31/18 Sold $75,000 -5.1% $55 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $79,000 -- $58 / 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 $1,663 $62,860 $0 $0
2023 $1,590 $51,140 $0 $0
2022 $2,995 $51,140 $0 $0
2021 $2,895 $46,700 $0 $0
2020 $2,519 $41,520 $0 $0
2019 $2,413 $41,520 $0 $0
2018 $1,637 $37,270 $0 $0
2017 $1,603 $37,270 $0 $0
2016 $1,572 $38,200 $0 $0
2015 $1,519 $26,930 $0 $0
2014 $1,519 $26,930 $0 $0
2013 -- $28,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50021455

Michigan Multiple Listing Service

APN: 55-19-00060-000