NOT LISTED FOR SALE

725 W 12th St Monroe, MI 48161

Estimated Value: $189,000 - $232,302

2 Beds
2 Baths
1,680 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $120,750 $72 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,308/month

25 Days on Market

Highlights

  • 0.73 Acre Lot
  • Fenced Yard
  • Patio
  • Corner Lot
  • Detached Garage
  • Shed

About This Home

As of August 2017

Great investment opportunity. Ranch duplex with two 2 bedroom, 1 bath units in excellent condition. All appliances stay. Each unit has a fenced in backyard with a storage shed and a separate driveway. Detached 2 car garage. Unit on W 12th currently leased with Union side vacant.

Last Agent to Sell the Property

Sherry Ely

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501394942 Listed on: 06/13/2017

Last Buyer's Agent

Katie Burroughs

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501393164

Coldwell Banker Haynes R.E. in Monroe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1983

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 82 x 130
  • Private Entrance
  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Units
  • Vineyard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1223509700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,930

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Sub Structure Types: Shed
  • Total Tax Amount: 1929.92
  • Year Built: 1983
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Exterior Features: Fenced Yard, Patio
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Detached Garage, Gar Door Opener
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Private Entry

Lot Info

  • Assessor Parcel Number: 1223509700
  • Location: Corner Lot
  • Lot Dimensions: 82 X 130
  • Acreage: 0.73

Rental Info

  • Landlord Pays: Lawn Maintenance, Trash Removal
  • Lease Information: Lease Term 1-2 Years

Tax Info

  • Summer Tax: Amount: $472.97
  • Winter Tax: Amount: $1,456.95
  • Total Tax: Amount: $1,929.92

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 30, 2017
Sold by
Hudson Paula
Bought by
Humphreys Tamlyn A and Humphreys Joshua K
Seller's Agent
Sherry Ely
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Katie Burroughs
Coldwell Banker Haynes R.E. in Monroe
List Price
$119,900
Sold Price
$120,750
Premium/Discount to List
$850
0.71%
Current Estimated Value
$239,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,826
Avg. Annual Appreciation
6.90%
Original Mortgage
$118,562
Outstanding Balance
$101,182
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$109,894
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Humphreys Tamlyn A $120,750 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphreys Tamlyn A $118,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $120,750 +0.7% $72 / Sq Ft
07/08/2017 07/08/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $119,900 -- $71 / 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
2025 $659 $104,000 $8,150 $95,850
2024 $639 $93,750 $0 $0
2023 $609 $66,900 $0 $0
2022 $2,572 $66,900 $0 $0
2021 $2,477 $64,450 $0 $0
2020 $2,431 $62,050 $0 $0
2019 $543 $62,050 $0 $0
2018 $1,719 $46,100 $0 $0
2017 $1,548 $44,400 $0 $0
2016 $1,930 $44,400 $0 $0
2015 $1,884 $43,850 $0 $0
2014 $2,210 $43,850 $0 $0
2013 -- $41,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 21308573

Michigan Multiple Listing Service

APN: 12-235-097-00