NOT LISTED FOR SALE

805 Detroit Ave Unit 1525 Rose St Monroe, MI 48162

Northeast Monroe Neighborhood

Estimated Value: $117,362 - $158,000

2 Beds
8 Baths
5,024 Sq Ft
$27/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $250,000 $50 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $896/month

Highlights

  • 0.74 Acre Lot
  • Corner Lot
  • Forced Air Heating System
  • Ranch Style House

About This Home

As of June 2019

8 unit side by side ranch duplexes 3 buildings built in 1943 one in 1994. Well maintained easy to rent always occupied. Rose St are two 3 bedroom units and rent for $550 each.

Last Agent to Sell the Property

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 03/08/2019

Berkshire Hathaway Home Service Kee Realty

Last Buyer's Agent

Steve Hudkins

Berkshire Hathaway Home Service Kee Realty License #MCAR-6502110924 Listed on: 03/08/2019

Berkshire Hathaway Home Service Kee Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 200x160
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 8 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 55-59-00409-000/408/410407

Community Details

Overview

  • Association fees include snow removal, trash removal, water
  • 8 Units
  • Harborview Sub Subdivision

Building Details

  • Net Operating Income $34,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,861

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 4860.84
  • Total Tax Year: 2018
  • Year Built: 1943
  • Mail City: Monroe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 5024

Exterior Features

  • Construction: Vinyl Siding
  • Frontage: 200
  • Foundation Type: Crawl
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash Removal, Water

Lot Info

  • Assessor Parcel Number: 55-59-00409-000/408/410407
  • Location: Corner Lot
  • Lot Dimensions: 200x160
  • Acreage: 0.74
  • Lot Description: Platted
  • Zoning: Multi-Family

Rental Info

  • Landlord Pays: Snow Removal, Taxes, Water/Sewer
  • Lease Information: Less Than 1 Year, Long Term, Month-To-Month, Water Included
  • Total Expenses: 7200

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,441.35
  • Winter Tax: Year: 2018, Amount: $2,419.49
  • Total Tax: Year: 2018, Amount: $4,860.84

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Monroe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Monroe Rental Properties Llc
Bought by
Custer Properties Llc
Current Estimated Value
$138,091

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jun 14, 2019
Sold by
Masserant David C
Bought by
Monroe Rental Properties 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
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.91%
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
Custer Properties Llc -- Devon Title Agency
Monroe Rental Properties Llc $250,000 Hassett Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $250,000 -16.4% $50 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $299,000 -- $60 / 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 $1,996 $49,000 $49,000 $0
2024 $1,011 $41,480 $0 $0
2023 $967 $32,040 $0 $0
2022 $1,822 $32,040 $0 $0
2021 $1,761 $29,700 $0 $0
2020 $1,822 $33,190 $0 $0
2019 $1,103 $33,190 $0 $0
2018 $1,069 $28,780 $0 $0
2017 $1,047 $28,780 $0 $0
2016 $1,027 $28,060 $0 $0
2015 $992 $17,590 $0 $0
2014 $992 $17,590 $0 $0
2013 -- $19,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Hudkins

    Seller's Agent in 2019

    Steve Hudkins

    Berkshire Hathaway Home Service Kee Realty

    (734) 735-4780

    18 in this area

    212 Total Sales

    Steve Hudkins
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31373926

Michigan Multiple Listing Service

APN: 55-59-00409-000

Michigan Monroe County Monroe 48162 Northeast Monroe

805 Detroit Ave Unit 1525 Rose St, Monroe, MI

This home is located at 805 Detroit Ave Unit 1525 Rose St, Monroe, MI 48162 since 08 March 2019 and is currently estimated at $138,091, approximately $27 per square foot. This property was built in 1943. 805 Detroit Ave Unit 1525 Rose St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and Trinity Lutheran School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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