NOT LISTED FOR SALE

725 W 8th St Unit 811 Union Street Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $146,000 - $189,000

2 Beds
1 Bath
1,647 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $165,000 $100 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,307/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • 3-minute walk to Father Cairns Park

About This Home

As of February 2024

2 homes on one Lot. Located across the street from the newly updated Carnes Park including pickle ball court. 725 W 8th street is freshly painted, new flooring, is vacant and move in ready. 811 Union is a 2 bedroom, ranch style home currently rented on a month to month.

Last Agent to Sell the Property

Kimberle Daniels

Howard Hanna - Monroe License #MCAR-6501420084 Listed on: 01/20/2024

Howard Hanna - Monroe

Last Buyer's Agent

Yvette Woodworth

RE/MAX Dynamic License #RCO

RE/MAX Dynamic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1933

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • Bacon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58551900131000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,121

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4121
  • Total Tax Year: 2022
  • Year Built: 1933
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1647

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Foundation Type: Basement, Crawl

Utilities

  • Water: Public Water
  • Water Heater: Electric
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air, Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 58551900131000
  • Lot Dimensions: 40x150
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,080.00
  • Winter Tax: Year: 2022, Amount: $1,917.00
  • Total Tax: Year: 2022, Amount: $4,121.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 1, 2024
Sold by
Umfress Michael
Bought by
Altamirano Nancy Lucero
Seller's Agent
Kimberle Daniels
Howard Hanna - Monroe
Buyer's Agent
Yvette Woodworth
RE/MAX Dynamic
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
24
Current Estimated Value
$171,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,218
Avg. Annual Appreciation
2.35%
Original Mortgage
$123,750
Outstanding Balance
$121,692
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$49,526

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 29, 2024
Sold by
Umfress Michael
Bought by
Altamirano Nancy Lucero
Seller's Agent
Kimberle Daniels
Howard Hanna - Monroe
Buyer's Agent
Yvette Woodworth
RE/MAX Dynamic
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$121,692
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$49,526

Purchase Details

Closed on
Apr 4, 2023
Sold by
725 8Th Street Trust
Bought by
Umfress Michael

Purchase Details

Closed on
Feb 2, 2022
Sold by
Holly Elkins
Bought by
725 W 8Th Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,360
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2021
Sold by
Tracy Roberty
Bought by
Elkins Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,360
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Roberty Danielle and Estate Of Tracy Roberty
Bought by
Elkins Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,360
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1996
Sold by
Gaynier Mark A
Bought by
Conner David A and Conner Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
8.32%
Mortgage Type
New Conventional
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
Altamirano Nancy Lucero $165,000 Lawyers Title Agency Of Monroe
Altamirano Nancy Lucero $165,000 Lawyers Title Agency Of Monroe
Umfress Michael $97,000 Michigan Title Insurance Agenc
725 W 8Th Street Trust -- None Listed On Document
Elkins Holly $81,600 Lawyers Title
Elkins Holly $81,600 Lawyers Title Agcy Of Monroe
Conner David A $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Holly $69,360
Previous Owner Elkins Holly $69,360
Previous Owner Conner David A $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $165,000 -2.9% $100 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $169,900 -- $103 / 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 $4,793 $79,800 $79,800 $0
2024 $2,479 $75,950 $0 $0
2023 $2,080 $63,090 $0 $0
2022 $4,121 $63,090 $0 $0
2021 $1,993 $57,450 $0 $0
2020 $1,888 $43,950 $0 $0
2019 $1,809 $43,950 $0 $0
2018 $1,979 $39,780 $0 $0
2017 $1,725 $39,780 $0 $0
2016 $1,692 $36,490 $0 $0
2015 $1,661 $29,430 $0 $0
2014 $1,661 $29,430 $0 $0
2013 -- $30,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50131829

Michigan Multiple Listing Service

APN: 55-19-00131-000