NOT LISTED FOR SALE

Estimated Value: $191,000 - $199,292

4 Beds
4 Baths
2,206 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $187,000 $85 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,384/month

9 Days on Market

About This Home

As of July 2024

Welcome to Monroe's gem – a remarkable 2-unit duplex (726 & 728 Scott) nestled in a prime location. This property embodies the essence of hassle-free investment with both units securely leased, ensuring a steady stream of income from day one. Meticulously maintained, this duplex exudes charm and functionality, offering a seamless blend of comfort and convenience. Step inside to discover the allure of new flooring that adds a touch of modern elegance to each unit. The recently updated bathrooms boast contemporary fixtures and finishes, elevating the living experience for tenants and adding value to your investment. Whether you're a seasoned investor or diving into real estate for the first time, this duplex presents an irresistible opportunity. With its proven track record of rental success and strategic location, you can rest assured that your investment is in good hands. Don't miss out on the chance to own a piece of Monroe's thriving real estate market – schedule your viewing today and unlock the potential of this exceptional property.

Last Agent to Sell the Property

Justin Ford

EXP Realty Plymouth License #6506044880 Listed on: 06/07/2024

EXP Realty Plymouth

Last Buyer's Agent

Robert Jacobs

License #6506039811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 117

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 553900065000

Community Details

Overview

  • 2 Units
  • Grassley & Gutman Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,590

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1918
  • State Equalized Value: 87710.0000
  • Year Renovated: 1918
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2206
  • Total Sq Ft: 2206
  • Sq Ft Total Bsmt: 1064

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl, Wood
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Monroe

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 50 x 117
  • Parcel Number: 553900065000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 1824.4800
  • Tax Amount Winter: 1766.9600
  • Total Tax: 3590.0000
  • Taxable Value: 87710.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 12, 2024
Sold by
Rodgers Leslie Anne and Henney Leslie
Bought by
Kingdon Scott
Seller's Agent
Justin Ford
EXP Realty Plymouth
Buyer's Agent
Robert Jacobs
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%
Views
35
Current Estimated Value
$196,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,573
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Bess Jerry
Bought by
Spiess Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
7.06%
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
Kingdon Scott $187,000 Title Solutions
Spiess Sandra $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spiess Sandra $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $187,000 +1.1% $85 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $185,000 -- $84 / Sq Ft
Source: Realcomp

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 $4,106 $95,200 $95,200 $0
2024 $2,229 $94,300 $0 $0
2023 $2,124 $74,230 $0 $0
2022 $3,601 $74,230 $0 $0
2021 $4,774 $69,550 $0 $0
2020 $3,658 $64,290 $0 $0
2019 $3,934 $64,290 $0 $0
2018 $2,964 $59,790 $0 $0
2017 $2,903 $59,790 $0 $0
2016 $2,847 $57,350 $0 $0
2015 $2,751 $49,010 $0 $0
2014 $2,751 $49,010 $0 $0
2013 -- $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240037504

Realcomp

APN: 55-39-00065-000