NOT LISTED FOR SALE

823 Monroe St Dearborn, MI 48124

Morley Neighborhood

Estimated Value: $250,237 - $415,000

2 Beds
3 Baths
1,392 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $145,000 $104 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,978/month

23 Days on Market

Highlights

  • Porch
  • Patio
  • 4 Car Garage
  • Howard Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of December 2014

GREAT LOCATION IN DOWNTOWN W DEARBORN. THIS PROPERTY GIVES YOU LOTS OF OPTIONS. IT IS CURRENTLY A 2 FAMILY HOME; REGISTERED RENTAL WITH THE CITY OF DEARBORN. JUST COMPLETED THE CITY INSPECTION PROCESS FOR THE CERTIFICATE OF OCCUPANCY. EACH UNIT HAS 1 BEDROOM, KITCHEN, DINING AREA AND FULL BATH. KITCHENS HAVE UPDATES TO THEM. BOTH UNITS HAVE OPEN LIVING/DINING AREAS AND THE BUILDING HAS BEEN VERY WELL MAINTAINED. BASEMENT IS FINISHED. LAUNDRY ROOM IN BASEMENT LEVEL. COVERED FRONT PORCH AND PATIO AREA. THIS PROPERTY IS ZONED "RESIDENTIAL PRESERVATION" AND OFFERS THE ABILITY TO HAVE AN OFFICE OR SMALL BUSINESS IN THIS BUILDING. IT WOULD NEED TO BE APPROVED BY THE CITY. ONE BLOCK FROM FORD FIELD PARK & ONE BLOCK TO BUSINESSES ON MICHIGAN AVENUE . . . GREAT CENTRAL LOCATION. GARAGE FOR STORAGE AND 4+ PARKING SPOTS.

Last Agent to Sell the Property

Barbara Jones

Century 21 Curran & Oberski License #6501276060 Listed on: 09/16/2014

Century 21 Curran & Oberski

Last Buyer's Agent

Tom Gillespie

Century 21 Curran & Oberski License #6501212432

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45.00x148.00

Home Design

  • Brick Foundation
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,392 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Up Access

Parking

  • 4 Car Garage
  • Unassigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32820922106003
  • $2,900 Seller Concession

Community Details

Overview

  • 2 Units
  • Detroit Arsenal Grounds Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,585

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Up Access
  • Total Sq Ft: 1392

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block, Brick/Mortar
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1100000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 45.00X148.00
  • Parcel Number: 32820922106003
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 3191.0000
  • Tax Amount Winter: 394.0000
  • Total Tax: 3585.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Sold by
Odonnell John J and Odonnell Deborah L
Bought by
Duchene Properties Llc
Current Estimated Value
$307,672

Purchase Details

Listed on
Sep 16, 2014
Closed on
Dec 18, 2014
Sold by
Longstreth Leigh C
Bought by
Donnell John J O and Donnell Deborah L O
Seller's Agent
Barbara Jones
Century 21 Curran & Oberski
Buyer's Agent
Tom Gillespie
Century 21 Curran & Oberski
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jul 24, 2003
Sold by
Longstreth Jeffrey G and Longstreth Leigh C
Bought by
The Leigh C Longstreth Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duchene Properties Llc -- Title One Inc
Donnell John J O $145,000 Title One Inc
The Leigh C Longstreth Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $145,000 -12.1% $104 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $165,000 -- $119 / 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 $4,426 $106,000 $0 $0
2024 $4,456 $111,300 $0 $0
2023 $3,962 $98,800 $0 $0
2022 $4,562 $102,400 $0 $0
2021 $4,674 $98,000 $0 $0
2019 $4,610 $85,200 $0 $0
2018 $4,000 $90,600 $0 $0
2017 $942 $89,700 $0 $0
2016 $3,785 $88,300 $0 $0
2015 $5,805 $58,050 $0 $0
2013 $5,025 $50,250 $0 $0
2011 -- $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Jones

    Seller's Agent in 2014

    Barbara Jones

    Century 21 Curran & Oberski

    (313) 333-7326

    6 in this area

    102 Total Sales

    Barbara Jones
    Section Image
  • Tom Gillespie

    Buyer's Agent in 2014

    Tom Gillespie

    Century 21 Curran & Oberski

    (313) 418-6070

    2 in this area

    10 Total Sales

    Tom Gillespie
    Section Image
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Map

Source: Realcomp

MLS Number: 214096390

Realcomp

APN: 32-09-221-06-003

Michigan Wayne County Dearborn 48124 Morley

823 Monroe St, Dearborn, MI

Not Listed for Sale

MultiFamily

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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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