NOT LISTED FOR SALE

8 Island St Monroe, MI 48161

Southwest Monroe Neighborhood

Estimated Value: $166,000 - $231,000

4 Beds
2 Baths
1,980 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $122,000 $62 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,199/month

147 Days on Market

Highlights

  • 83 Feet of Waterfront
  • Deck
  • Balcony
  • Colonial Architecture
  • No HOA
  • Patio

About This Home

As of October 2018

This is a MUST SEE!! Walking distance to downtown and all the festivals on a quiet dead end paved road. Listen and see the river in this Historic Colonial House with a Large Riverfront Lot! Enjoy all seasons in this large lot Multi-Family home. Two similar layouts on both floors with separate entrances. Full basement to utilize for all your storage needs. Move-In-Ready condition. Please Schedule your showing today! BATVAI. All offers will be responded to promptly. Text or call if you need anything. Thank you for taking a closer look- Let's BUY a house today!

Last Agent to Sell the Property

Mark McCaslin

The Brokerage Real Estate Enthusiasts License #6501398011 Listed on: 05/14/2018

Last Buyer's Agent

Thomas Haynes

Key Realty One LLC in Monroe License #6501389684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1868 | Remodeled in 1972

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 142.62x83.92
  • 83 Feet of Waterfront
  • River Front
  • Level Lot
  • Historic Home

Parking

  • 2 Parking Garage Spaces

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Disposal
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cook Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 58551900221001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,106

Year Built

Built in 1868 | Remodeled in 1972

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Year Built: 1868
  • Year Renovated: 1972
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1980

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: River Raisin
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Asphalt, Wood
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 83.00
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 487037.0370
  • Lot Features: Level
  • Lot Size Area: 0.27
  • Lot Dimensions: 142.62X83.92
  • Parcel Number: 58551900221001

Tax Info

  • Tax Amount Summer: 1057.0000
  • Tax Amount Winter: 1049.0000
  • Total Tax: 2106.0000

MLS Schools

  • School District: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Oct 23, 2018
Sold by
Kohler Keith J
Bought by
Flagg Michael J
Seller's Agent
Mark McCaslin
The Brokerage Real Estate Enthusiasts
Buyer's Agent
Thomas Haynes
Key Realty One LLC in Monroe
List Price
$131,500
Sold Price
$122,000
Premium/Discount to List
-$9,500
-7.22%
Current Estimated Value
$192,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,676
Avg. Annual Appreciation
6.32%
Original Mortgage
$124,623
Outstanding Balance
$108,689
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$83,987
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
Flagg Michael J $122,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flagg Michael J $124,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $122,000 -7.2% $62 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $131,500 0.0% $66 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
07/31/2018 07/31/18 Price Changed $131,500 -0.8% $66 / Sq Ft
07/18/2018 07/18/18 Price Changed $132,500 -1.8% $67 / Sq Ft
06/26/2018 06/26/18 Price Changed $134,900 -3.6% $68 / Sq Ft
05/14/2018 05/14/18 For Sale $139,900 -- $71 / Sq Ft
Source: Realcomp

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 $2,038 $80,300 $80,300 $0
2024 $1,946 $78,040 $0 $0
2023 $1,861 $62,890 $0 $0
2022 $2,971 $62,890 $0 $0
2021 $2,871 $58,210 $0 $0
2020 $2,700 $53,370 $0 $0
2019 $2,598 $53,370 $0 $0
2018 $1,799 $47,150 $0 $0
2017 $2,106 $47,150 $0 $0
2016 $2,065 $48,230 $0 $0
2015 $1,996 $35,380 $0 $0
2014 $1,996 $35,380 $0 $0
2013 -- $37,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark McCaslin

    Seller's Agent in 2018

    Mark McCaslin

    The Brokerage Real Estate Enthusiasts

    (516) 639-3081

    52 Total Sales

    Mark McCaslin
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Haynes

    Key Realty One LLC in Monroe

    (734) 790-7855

    2 in this area

    13 Total Sales

    Thomas Haynes
    Section Image
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Map

Source: Realcomp

MLS Number: 218036004

Realcomp

APN: 55-19-00221-001

Michigan Monroe County Monroe 48161 Southwest Monroe

8 Island St, Monroe, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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