NOT LISTED FOR SALE

861 Monroe St Dearborn, MI 48124

Morley Neighborhood

Estimated Value: $1,612,219

Studio
-- Bath
5,888 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 861 Monroe St, Dearborn, MI 48124 and is currently estimated at $1,612,219, approximately $273 per square foot. 861 Monroe St is a home located in Wayne County with nearby schools including Howard Elementary School, Bryant Middle School, and Dearborn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
861 Monroe Associates Llc
Bought by
Garrison Realty Llc
Current Estimated Value
$1,612,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,193,965
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$418,254

Purchase Details

Closed on
Jan 28, 2010
Sold by
Khan Parvez and Khan Shabana
Bought by
861 Monroe Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Garrison Realty Llc -- Title One
861 Monroe Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Realty Llc $1,200,000
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 $20,840 $427,400 $0 $0
2024 $20,979 $450,900 $0 $0
2023 $18,657 $428,700 $0 $0
2022 $21,479 $416,200 $0 $0
2021 $22,008 $376,600 $0 $0
2019 $21,706 $304,200 $0 $0
2018 $18,837 $282,400 $0 $0
2017 $4,490 $280,000 $0 $0
2011 -- $469,050 $0 $0
Source: Public Records

Map

Michigan Wayne County Dearborn 48124 Morley

861 Monroe St, Dearborn, MI

Not Listed for Sale

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