NOT LISTED FOR SALE

738 Palmwood Ave Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $197,000 - $237,000

4 Beds
2 Baths
1,609 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 09, 2020

Last sale price $145,000 $90 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,362/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • 1 Car Detached Garage
  • Patio

About This Home

As of May 2020

Beautiful home on a quiet dead end street sitting on an extra long lot. This home boasts gleaming hardwood floors throughout, has a bright and sunny four season sun room/front porch with ceramic floors, and plenty of extra living space in the fully finished basement. The basement features glass block windows and a large egress allowing plenty of light to brighten the space. The lower level full bath features ceramic floors, glass block and tile shower. In the summertime, enjoy entertaining your guests around the swimming pool while sitting on your lovely wood deck. Under the deck is a foundation ready to go should you want to do an add-on. No commission paid on seller concessions.

Last Agent to Sell the Property

Lynda Nickelson

Coldwell Banker Haynes R.E. in Monroe License #MCAR-6501389700 Listed on: 03/11/2020

Coldwell Banker Haynes R.E. in Monroe

Last Buyer's Agent

Katja Classic

RE/MAX Classic License #RCO-6501393978

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 43x222
  • Street terminates at a dead end

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Above Ground Pool
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Conlisk Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-00178-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 2167
  • Total Tax Year: 2018
  • Year Built: 1925
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceramic Floors, Hardwood Floors
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Egress/Daylight Windows, Finished, Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 10 x 11
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 8 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 9 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On Lower Floor, Dimensions: 11 x 16
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second, Flooring: Ceramic
  • Bathroom 2: On Level: Lower, Flooring: Ceramic
  • Room Types: Lower Level Laundry
  • Dining Room: On Main Floor, Dimensions: 10 x 11
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 11 x 11
  • Kitchen Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 11 x 12
  • Living Room Floor Covering: Wood
  • Sun Room: On Main Floor, Dimensions: 16 x 6
  • Sun Room Floor Covering: Ceramic
  • Below Grade Sq Ft: 528
  • Finished Below Grade Sq Ft: 420
  • Above Grade Finished Sq Ft: 1189
  • Total Finished Sq Ft: 1609

Exterior Features

  • Pool: Yes
  • Exterior: Cement Siding
  • Exterior Features: Above Ground Pool, Patio, Porch
  • Foundation: Basement
  • Frontage: 43
  • Road: City/County
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 1
  • Parking: Garage, 3 or More Spaces
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 19-00178-000
  • Zoning: Residential
  • Lot Dimensions: 43x222
  • Acreage: 0.22
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,586.00
  • Winter Tax: Year: 2018, Amount: $581.00
  • Total Tax: Year: 2018, Amount: $2,167.00

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 9, 2020
Sold by
Mayes Aaron D
Bought by
Green Dino
Seller's Agent
Lynda Nickelson
Coldwell Banker Haynes R.E. in Monroe
Buyer's Agent
Katja Classic
RE/MAX Classic
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$210,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,778
Avg. Annual Appreciation
7.08%
Original Mortgage
$148,335
Outstanding Balance
$131,445
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$79,333

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 19, 2017
Sold by
Bowen Kurt
Bought by
Mayes Aaron D
Seller's Agent
Pat McElligott
Real Estate Solutions/MI, LLC - Temperance
Buyer's Agent
Rod Steele
Berkshire Hathaway Home Service Kee Realty
List Price
$159,900
Sold Price
$136,000
Premium/Discount to List
-$23,900
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$130,377
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2012
Closed on
Dec 27, 2012
Sold by
Wickeneiser John and Wickeneiser Deirdre A
Bought by
Bowen Kurt
Seller's Agent
Rod Steele
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Pat McElligott
Real Estate Solutions/MI, LLC - Temperance
List Price
$89,900
Sold Price
$88,000
Premium/Discount to List
-$1,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$86,406
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2002
Sold by
Est Lois Thornton
Bought by
Wickenheiser John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
7.95%
Mortgage Type
New Conventional
Source: Public Records

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
Green Dino $145,000 Lawyers Title
Mayes Aaron D $136,000 Lawyers Title
Bowen Kurt $88,000 Lawyers Title
Wickenheiser John $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Dino $148,335
Previous Owner Mayes Aaron D $130,377
Previous Owner Bowen Kurt $86,406
Previous Owner Wickenheiser John $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2020 05/09/20 Sold $145,000 0.0% $90 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $145,000 +6.6% $90 / Sq Ft
09/19/2017 09/19/17 Sold $136,000 -4.8% $114 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
07/29/2017 07/29/17 Price Changed $142,900 -4.7% $120 / Sq Ft
07/21/2017 07/21/17 Price Changed $149,900 -6.3% $126 / Sq Ft
07/11/2017 07/11/17 For Sale $159,900 +81.7% $134 / Sq Ft
12/27/2012 12/27/12 Sold $88,000 -2.1% $74 / Sq Ft View Prior Sale
11/30/2012 11/30/12 Pending -- -- --
09/21/2012 09/21/12 For Sale $89,900 -- $76 / 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 $3,102 $88,600 $88,600 $0
2024 $2,227 $84,940 $0 $0
2023 $2,130 $73,320 $0 $0
2022 $2,837 $73,320 $0 $0
2021 $2,748 $62,550 $0 $0
2020 $2,386 $58,850 $0 $0
2019 $2,261 $58,850 $0 $0
2018 $2,168 $54,280 $0 $0
2017 $1,802 $54,280 $0 $0
2016 $1,758 $52,270 $0 $0
2015 $1,687 $44,670 $0 $0
2014 $1,687 $44,670 $0 $0
2013 -- $41,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Nickelson

    Seller's Agent in 2020

    Lynda Nickelson

    Coldwell Banker Haynes R.E. in Monroe

    (734) 652-0358

    5 in this area

    70 Total Sales

    Lynda Nickelson
    Section Image
  • Katja Classic

    Buyer's Agent in 2020

    Katja Classic

    RE/MAX

    (734) 757-0717

    4 in this area

    135 Total Sales

    Katja Classic
    Section Image

  • P

    Seller's Agent in 2017

    Pat McElligott

    Real Estate Solutions/MI, LLC - Temperance

    (734) 652-1031

    18 Total Sales

    Pat McElligott
    Section Image

  • R

    Buyer's Agent in 2017

    Rod Steele

    Berkshire Hathaway Home Service Kee Realty

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50007900

Michigan Multiple Listing Service

APN: 55-19-00178-000

Michigan Monroe County Monroe 48161 Southwest Monroe

738 Palmwood Ave, Monroe, MI

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