NOT LISTED FOR SALE

Estimated Value: $129,000 - $217,000

4 Beds
3 Baths
2,018 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $129,900 $64 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $998/month

5 Days on Market

About This Home

As of July 2023

Great cash flow on this 3 unit residential building, all long term tenants. Separate furnaces for each unit. Tenants pay gas and electric. Newer roof and main sewer line has been replaced.

Last Agent to Sell the Property

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 06/26/2023

Berkshire Hathaway Home Service Kee Realty

Last Buyer's Agent

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 06/26/2023

Berkshire Hathaway Home Service Kee Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1892

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x89
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55-49-00833-000

Community Details

Overview

  • 3 Units
  • Rauchs Plat W 40' Of S89' Of Lot 24 Subdivision

Building Details

  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,885

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1885
  • Total Tax Year: 2022
  • Year Built: 1892
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Partial
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records

Exterior Features

  • Frontage: 40
  • Foundation Type: Basement

Utilities

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

Lot Info

  • Assessor Parcel Number: 55-49-00833-000
  • Location: Corner Lot
  • Lot Dimensions: 40x89
  • Acreage: 0.1
  • Lot Description: Sidewalks
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer
  • Lease Information: Water Included
  • Total Expenses: 7041

Tax Info

  • Summer Tax: Year: 2022, Amount: $962.00
  • Winter Tax: Year: 2022, Amount: $923.00
  • Total Tax: Year: 2022, Amount: $1,885.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 18, 2023
Sold by
Diroff Jacob D
Bought by
Repsa Enterprises Llc
Seller's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$129,900
Sold Price
$129,900
Views
15
Current Estimated Value
$165,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,378
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jul 15, 2021
Sold by
Nash Christine L and Barker Doris J
Bought by
Diroff Jacob D
Seller's Agent
Allison Grego
Century 21 Allstar Real Estate Team, Inc
Buyer's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.21%

Purchase Details

Closed on
Dec 6, 1998
Sold by
Trst William Michaud
Bought by
Barker Doris
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
Repsa Enterprises Llc $129,900 Lawyers Title
Diroff Jacob D $73,000 Lawyers Title Agcy Of Monroe
Barker Doris $63,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $129,900 0.0% $64 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $129,900 +77.9% $64 / Sq Ft
07/15/2021 07/15/21 Sold $73,000 -8.6% $36 / Sq Ft View Prior Sale
05/11/2021 05/11/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $79,900 0.0% $40 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $79,900 -- $40 / 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 $1,587 $58,000 $58,000 $0
2024 $1,666 $48,460 $0 $0
2023 $1,001 $30,360 $0 $0
2022 $1,885 $30,360 $0 $0
2021 $982 $28,300 $0 $0
2020 $931 $24,940 $0 $0
2019 $892 $24,940 $0 $0
2018 $868 $19,830 $0 $0
2017 $851 $19,830 $0 $0
2016 $834 $17,380 $0 $0
2015 $1,013 $17,960 $0 $0
2014 $1,013 $17,960 $0 $0
2013 -- $22,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50113587

Michigan Multiple Listing Service

APN: 55-49-00833-000